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TLRY

Tilray, Inc. (NASDAQ: TLRY) reported a 15% YoY increase in net revenue to $177 million in its Q1 financial results. Despite frustrations over the company's stock performance, CEO Irwin Simon expressed satisfaction with the company's progress, including its 13.4% share of the Canadian cannabis market and its position as the fifth-largest craft brewer in the U.S., following its acquisition of eight beer and beverage brands from Anheuser-Busch. Simon also expressed optimism about potential cannabis legalization in the U.S. and the recent Senate Banking Committee approval of cannabis banking reforms.

Portfolio Pulse from Maureen Meehan

October 04, 2023 | 7:09 pm

GGE

Green Giant Inc has received a notice from Nasdaq indicating that the company is not in compliance with Nasdaq listing rules. The company intends to submit a plan to regain compliance within the required timeframe.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:08 pm

PEP

A significant investor has taken a bullish stance on PepsiCo (NASDAQ:PEP), with 60% of recent trades being bullish and 40% bearish. The trades have targeted a price range of $155.0 to $210.0 for PepsiCo over the last 3 months. The current price of PEP is $168.29, up 0.35%. Barclays maintains an Overweight rating on PepsiCo with a price target of $179.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:01 pm

AMAT

A significant amount of unusual options activity has been observed for Applied Mat (NASDAQ:AMAT), with a majority of investors taking a bearish stance. The targeted price range for the company over the last three months has been $138.0 to $145.0. Wolfe Research and Mizuho have downgraded their actions on AMAT to Outperform and Buy respectively, with price targets of $185 and $158.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:01 pm

SBUX

A large investor has taken a bearish stance on Starbucks (NASDAQ:SBUX), with 57% of big-money traders also showing bearish sentiment. The investor's options trades suggest a target price range of $75.0 to $105.0 for Starbucks over the next three months. TD Cowen has downgraded Starbucks to Market Perform with a price target of $107, while Citigroup maintains a Neutral rating with a price target of $104.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:01 pm

NRDS

Nerdwallet (NASDAQ:NRDS) has received five analyst ratings in the last quarter, with one bullish, two somewhat bullish, and two indifferent. The average price target is $15.8, representing an upside from the current price of $8.2. This average price target is a 7.06% decrease from the previous average of $17.00.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:01 pm

PLRX

Over the past 3 months, 12 analysts have published their opinion on Pliant Therapeutics (NASDAQ:PLRX) stock. The analysts have an average price target of $50.5 versus the current price of Pliant Therapeutics at $17.363, implying an upside. The current average has decreased by 1.46% from the previous average price target of $51.25.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:00 pm

KE

Analysts have provided bullish ratings for Kimball Electronics (NASDAQ:KE) in the last quarter, with an average price target of $37.83, an increase of 10.2% from the previous average price target of $34.33. The ratings are based on the company's predicted future earnings and the predictability of its revenue streams.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:00 pm

FLT

Analysts have provided bullish ratings for Fleetcor Technologies (NYSE:FLT) in the last quarter, with 7 bullish, 4 somewhat bullish, and 2 indifferent ratings. The company has an average 12-month price target of $295.15, which has increased by 10.0% over the past month.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:00 pm

PXD

Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 20 years by 3.8% on an annualized basis, producing an average annual return of 11.02%. If an investor had bought $100 of PXD stock 20 years ago, it would be worth $797.83 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:00 pm