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MU

Micron Technology Inc. has forecasted an improvement in free cash flow in the second half of the fiscal year, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:20 pm

PTON

Peloton and lululemon have announced a five-year strategic global partnership, leading to a rise in Peloton's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:17 pm

NLS

Nautilus, Inc. (NYSE:NLS) has received a notice of non-compliance from the New York Stock Exchange (NYSE) due to its average closing price being less than $1.00 per share over a consecutive 30 trading-day period. The company has six months to regain compliance with the minimum share price requirement. The notice does not affect the company's business, operations, or reporting requirements with the Securities and Exchange Commission.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:16 pm

HUM

A significant amount of unusual options activity has been observed for Humana (NYSE:HUM), with a bearish stance taken by a majority of investors. The price range targeted by these investors over the last three months is from $410.0 to $610.0. The current price of HUM is $493.58, up 0.12%. Cantor Fitzgerald has downgraded its action to Overweight with a price target of $597, while Morgan Stanley maintains their Overweight rating with a price target of $624.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 8:16 pm

BMY

Bristol-Myers Squibb (NYSE:BMY) has seen unusual options activity, with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 70% bullish and 30% bearish. The targeted price range for Bristol-Myers Squibb over the last 3 months is from $50.0 to $65.0. The company's stock price is currently down by 1.11% at $57.89. Analysts from Cantor Fitzgerald, TD Cowen, and Truist Securities have given price targets of $75, $66, and $84 respectively.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 8:16 pm

F

A significant bullish stance has been taken on Ford Motor (NYSE:F) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is 80% bullish and 20% bearish. Whales have been targeting a price range from $10.0 to $15.0 for Ford Motor over the last 3 months. UBS and RBC Capital have downgraded their actions on Ford with price targets of $15 and $12 respectively.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 8:16 pm

MSOS

Marc Beginin, from Prodigy Processing Solutions, predicts that valuations will rise due to increased competition. The article was published on Benzinga and may mention MSOS.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:13 pm

GNSS

Genasys Inc. (NASDAQ:GNSS) plans to offer shares of its common stock in an underwritten public offering. The company also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares. The offering is subject to market conditions and there is no assurance as to whether or when the offering may be completed. The net proceeds from this offering will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:11 pm

FOX

FOXA

RUM

The second Republican primary debate will air on Fox Business, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA), and will also stream on Rumble Inc (NASDAQ:RUM). Seven candidates will participate in the debate, with topics likely to include cryptocurrency, among others. The debate will also be broadcast in Spanish on Univision.

Portfolio Pulse from Chris Katje

September 27, 2023 | 8:11 pm

NAPA

Duckhorn Portfolio has projected its FY24 adjusted EPS to be between $0.67 and $0.69, lower than the estimated $0.70. The company also expects net sales to range from $420M to $430M, slightly below the estimated $432.51M.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:11 pm