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WBA

Walgreens Boots Alliance (NASDAQ:WBA) is set to release its latest quarterly earnings report on October 12, 2023. Analysts estimate an earnings per share (EPS) of $0.69. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $22.38, down 32.79% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 8:00 pm

STLA

Stellantis shares are trading higher amid volatility in auto stocks due to the UAW strikes. The company and Samsung SDI have disclosed Kokomo, Indiana, as the second site for their electric vehicle battery manufacturing facility in the US.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 7:55 pm

BDX

Becton Dickinson and Co (BDX) shares are trading lower after the FDA established a Digital Health Advisory Committee. The committee is dedicated to tackling challenges within the realm of digital health technologies, including AI, augmented reality, and wearable devices. The increased regulation could slow down the pace of innovation or make it more challenging for companies to bring new digital health products to market, which could negatively affect companies like BDX.

Portfolio Pulse from Henry Khederian

October 11, 2023 | 7:52 pm

OXY

A significant amount of unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a mix of bullish and bearish stances. Whales have been targeting a price range from $62.5 to $75.0 for the company over the last 3 months. The current price of OXY is down -1.17% at $63.23. Analysts from Mizuho maintain a Buy rating with a price target of $76, while Roth MKM downgraded to Neutral with a price target of $60, and UBS maintains a Neutral rating with a price target of $74.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 7:46 pm

SHOP

A whale investor has taken a bullish stance on Shopify (NYSE:SHOP), with 50% of investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $559,343 and for calls is $229,315. Whales have been targeting a price range from $33.0 to $240.0 for Shopify over the last 3 months. JMP Securities downgraded its action to Market Outperform with a price target of $72.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 7:46 pm

AMGN

Amgen's stock has been upgraded from Market Perform to Outperform by Leerink Partners, leading to a rise in the company's shares.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 7:39 pm

PEP

JP Morgan analyst Andrea Teixeira has maintained an Overweight rating on PepsiCo (NASDAQ:PEP) but lowered the price target from $188 to $185.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 7:39 pm

DXCM

PODD

TNDM

Diabetes and glucose monitoring stocks are trading lower due to the FDA's announcement of a Digital Health Advisory Committee and early signs of efficacy in Novo Nordisk's Ozempic kidney trial. The sector has been under pressure this year due to the popularity of weight loss drugs.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 7:38 pm

GOOG

GOOGL

PL

Benchmark analyst Josh Sullivan reiterated a Buy rating on Planet Labs (PL) with a price target of $5. Sullivan believes PL's unique real-time and historical global mapping data is under-appreciated. He notes that PL is indexing the Earth for searchable items, similar to how Google indexed webpages. Sullivan is optimistic about PL's FY25 targets, including adjusted EBITDA profitability and 20%+ annual revenue growth. PL shares are currently trading lower by 4.8%.

Portfolio Pulse from Nabaparna Bhattacharya

October 11, 2023 | 7:38 pm

AKRO

Akero Therapeutics Inc (NASDAQ:AKRO) reported a 36-week analysis of SYMMETRY, a 96-week Phase 2b study of efruxifermin (EFX) in patients with compensated cirrhosis due to nonalcoholic steatohepatitis (NASH). The drug was not statistically significant in improving liver scarring without worsening of NASH, causing shares to tumble. HC Wainwright has lowered the price target from $64 to $40, with a Buy rating.

Portfolio Pulse from Vandana Singh

October 11, 2023 | 7:35 pm