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SGH

SMART Global Holdings (NASDAQ:SGH) reported Q4 earnings of $0.35 per share, missing the analyst consensus estimate of $0.45 by 22.22%. This is a 56.25% decrease from the same period last year. The company also reported quarterly sales of $316.66 million, missing the analyst consensus estimate of $375.04 million by 15.57%. This is a 27.65% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:07 pm

NVEI

Nuvei (NASDAQ:NVEI) has received various analyst ratings in the last quarter, with 1 bullish, 4 somewhat bullish, and 3 indifferent. The average price target is $26.38, compared to its current price of $16.24, implying an upside. However, this average represents a 40.21% decrease from the previous average price target of $44.12.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

KHC

In the last quarter, Kraft Heinz (NASDAQ:KHC) received 2 bullish and 4 indifferent ratings from analysts. The company's average 12-month price target is $38.17, a decrease of 11.23% from the previous average of $43.00.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

SBOW

SilverBow Resources (NYSE:SBOW) has received 4 analyst ratings in the last quarter, with an average price target of $53.75, indicating a potential upside from the current price of $33.99. The average price target has increased by 16.22% over the past month.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

PENN

Analysts have provided various ratings for PENN Entertainment (NASDAQ:PENN) within the last quarter, with 3 bullish, 2 somewhat bullish, and 4 indifferent. Over the past 3 months, 9 analysts have offered 12-month price targets for PENN Entertainment, with an average price target of $33.67, an increase of 2.56% from the previous average price target of $32.83.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

CHDN

Churchill Downs (NASDAQ:CHDN) has received 10 bullish and no bearish ratings from analysts in the last quarter. The average 12-month price target for the stock is $150.8, representing a 4.56% decrease from the previous average of $158.00.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

ABBV

AbbVie's (NYSE:ABBV) short percent of float has fallen 4.23% since its last report, with 11.93 million shares sold short, which is 0.68% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards AbbVie. Compared to its peers, AbbVie has less short interest as a percentage of float, with an average of 3.80%.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

HSY

Over the past 3 months, 8 analysts have published their opinion on Hershey (NYSE:HSY) stock. The average price target is $249.5, representing a 10.19% decrease from the previous average price target of $277.80. The ratings are generally bullish to indifferent, with no bearish ratings.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

BALL

CCK

FCX

HLP

LZM

NUE

SCCO

STLD

TECK

Industrial metal stocks are trading lower due to overall market weakness and a rise in Treasury yields following CPI data. This could potentially lead to increased demand uncertainty.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:56 pm

HCP

Piper Sandler analyst James E. Fish has reiterated a Neutral rating on HashiCorp, Inc. (NASDAQ:HCP) with a price target of $30. The analyst praised the company's go-to-market simplification and potential for new bundles. Fish is also optimistic about the release of features and add-ons that could drive differentiation against open-source offerings. Despite the positive outlook, Fish remains Neutral as the strategic moves will take time to reflect in the fundamentals.

Portfolio Pulse from Nabaparna Bhattacharya

October 12, 2023 | 7:47 pm