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DIS

NXST

The Walt Disney Co. (NYSE:DIS) and Nexstar Media Group Inc. (NASDAQ:NXST) are reportedly in early talks regarding the potential sale of Disney’s ABC network and its associated TV stations. No specific valuation has been discussed yet. The news led to a 5.9% increase in Nexstar shares and a 1.2% increase in Disney shares. The potential sale indicates a significant shift in Disney’s focus towards its rapidly expanding digital platforms like Disney+ and Hulu.

Portfolio Pulse from Piero Cingari

September 14, 2023 | 8:12 pm

MITK

Mitek Systems has reiterated its FY23 guidance, expecting revenue to be in the range of $169M-$171M, which is in line with the estimated $169.97M.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:11 pm

DAL

Delta Air Lines, Inc. (NYSE:DAL) shares traded lower on Thursday after the company announced changes to its SkyMiles loyalty program. Starting from 2024, only Medallion Qualification Dollars will be required to gain Status, as opposed to miles or segments flown. Delta will also offer more ways to earn status, such as on purchases of car rentals and hotel stays booked on the company's website and with Delta Vacations.

Portfolio Pulse from Ryan Gustafson

September 14, 2023 | 8:10 pm

EGAN

eGain Corporation has projected its FY24 EPS to be between $0.33 and $0.35, which is higher than the estimated $0.31. However, the company's revenue forecast of $96M-$98M is lower than the estimated $105.25M.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:09 pm

EGAN

eGain Corporation has projected its Q1 2024 earnings per share (EPS) to be between $0.05 and $0.07, which is lower than the estimated $0.06. The company also expects its revenue to be between $23.5M and $24M, lower than the estimated $24.93M.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:08 pm

DIS

Disney is planning to reduce its target for Disney+ streaming subscribers, according to Bloomberg. This could potentially impact the company's future revenue and growth projections.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:05 pm

V

Visa (NYSE:V) has received a total of 19 analyst ratings in the last quarter, with 16 being bullish or somewhat bullish, and 3 being indifferent. The company has an average 12-month price target of $274.79, up 2.92% from the previous average of $267.00.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 8:01 pm

KLAC

A significant bearish stance has been taken on KLA (NASDAQ:KLAC) as evidenced by unusual options activity. The overall sentiment of these big-money traders is 80% bearish and 20% bullish. The whales have been targeting a price range from $300.0 to $500.0 for KLA over the last 3 months. The price of KLAC is currently down -0.54% at $481.01.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 8:01 pm

AFL

Over the past 3 months, 8 analysts have published their opinion on Aflac (NYSE:AFL) stock. The analysts have an average price target of $75.38 versus the current price of Aflac at $77.255, implying a downside. This current average has increased by 5.6% from the previous average price target of $71.38.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 8:01 pm

IFF

In the last quarter, Intl Flavors & Fragrances (IFF) received mixed analyst ratings, with 2 bullish, 5 somewhat bullish, 7 indifferent, and 1 somewhat bearish. Over the past 3 months, 15 analysts have offered 12-month price targets for IFF, with an average price target of $86.07, a 20.62% decrease from the previous average price target of $108.43.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 8:01 pm