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BNGO

Bionano Genomics, Inc. (BNGO) has announced an $80 million financing through convertible notes and warrants, preliminary Q3 2023 results, and a streamlined operational plan. The company expects Q3 revenue to be between $9.1 and $9.3 million, a 26-29% increase over Q3 2022. Bionano has also implemented cost-saving initiatives, including reducing headcount and manufacturing costs, which are expected to save approximately $33 million annually from 2024.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:06 pm

OI

ORGN

PRM

SCL

SXT

The article lists five materials stocks that are considered oversold and may present buying opportunities. These include Origin Materials, Inc. (ORGN), O-I Glass, Inc. (OI), Stepan Company (SCL), Perimeter Solutions, SA (PRM), and Sensient Technologies Corporation (SXT). The companies have recently reported various financial results and appointments, and their stocks have Relative Strength Index (RSI) values below 30, indicating they may be undervalued.

Portfolio Pulse from Lisa Levin

October 11, 2023 | 12:03 pm

AAPL

AMZN

CRWD

JBL

Insiders at Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), CrowdStrike Holdings, Inc. (CRWD), and Jabil Inc. (JBL) have recently sold shares. The reasons for these sales could range from preplanned transactions to concerns about the company's prospects or the belief that the stock is overpriced. However, insider sales should not be the sole indicator for investment or trading decisions.

Portfolio Pulse from Lisa Levin

October 11, 2023 | 12:01 pm

NVO

Novo Nordisk's shares are trading higher after the independent Data Monitoring Committee recommended to stop the semaglutide FLOW kidney trial due to signs of early efficacy.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:01 pm

IVZ

Analysts have provided ratings for Invesco (NYSE:IVZ) within the last quarter, with 1 somewhat bullish and 8 indifferent. The average price target is $17.14, implying an upside from the current price of $14.34. This average has decreased by 4.19% from the previous average price target of $17.89.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 12:01 pm

SPT

In the last quarter, Sprout Social (NASDAQ:SPT) received 2 bullish, 4 somewhat bullish, and 2 indifferent ratings from analysts. The company's average 12-month price target is $63.75, a 24.2% increase from the previous average of $51.33. No bearish or somewhat bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 12:01 pm

COHR

Over the last quarter, Coherent (NYSE:COHR) has received 22 analyst ratings, with 13 being bullish, 3 somewhat bullish, and 6 indifferent. The company's average 12-month price target is $43.41, a decrease of 3.1% from the previous average of $44.80.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 12:01 pm

GD

Over the past 3 months, 10 analysts have published their opinion on General Dynamics (NYSE:GD) stock. The average price target is $261.9, implying an upside from the current price of $236.51. The average price target has increased by 2.57% over the past month.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 12:00 pm

NOC

Northrop Grumman (NYSE:NOC) has received seven analyst ratings in the last quarter, with three being bullish, one somewhat bullish, and three indifferent. The average price target is $511.0, representing an upside from the current price of $467.01. This average is a 2.2% decrease from the previous average price target of $522.50.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 12:00 pm

AY

Analysts have given Atlantica Sustainable (NASDAQ:AY) mixed ratings over the last quarter, with one somewhat bullish rating and three indifferent ratings. The average 12-month price target for the company has decreased by 13.27% from $28.25 to $24.5.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 12:00 pm