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Stock Prices

DATS

KLR

NEWR

SPLK

The article lists four tech stocks that are considered overbought and may collapse this month. These include Splunk Inc. (SPLK), which is being acquired by Cisco (CSCO) for $28 billion, New Relic, Inc. (NEWR), which reported better-than-expected Q1 results and is being acquired by Francisco Partners and TPG for $6.5 billion, Kaleyra, Inc. (KLR), which announced a strategic collaboration with Talisma, and DatChat, Inc. (DATS), which recently announced a 1-for-10 reverse stock split.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:05 pm

JOBY

Joby Aviation, Inc. (NYSE:JOBY) has delivered its first electric vertical take-off and landing (eVTOL) aircraft to Edwards Air Force Base, six months ahead of the expected 2024 delivery date. The delivery is part of Joby's $131 million contract with the Department of Defense (DOD). The aircraft will be used for logistics missions, including cargo and passenger transportation. Joby's work with the DOD represents a total potential contract value of $163 million. A second aircraft is planned to be delivered in early 2024.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:04 pm

BX

H

MEI

STAA

Insiders have recently purchased shares in STAAR Surgical Company (STAA), Blackstone Inc. (BX), Hyatt Hotels Corporation (H), and Methode Electronics, Inc. (MEI). This could indicate confidence in the companies' prospects or that the insiders view the stocks as bargains. However, insider purchases should not be the sole indicator for making investment or trading decisions.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:01 pm

PAGP

Analysts have provided various ratings for Plains GP Holdings (NASDAQ:PAGP) within the last quarter, with 2 bullish, 1 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target for PAGP is $17.1, which has increased by 5.23% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:01 pm

PAA

In the last quarter, Plains All American (NASDAQ:PAA) received mixed analyst ratings. Over the past 3 months, 6 analysts have offered 12-month price targets for the company, with an average price target of $16.75. This average price target has increased by 6.01% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:01 pm

BIDU

In the last quarter, Baidu (NASDAQ:BIDU) received 12 analyst ratings, all of which were bullish or somewhat bullish. The average price target is $194.58, indicating an upside from the current price of $132.35. This average has decreased by 0.98% from the previous average price target of $196.50.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:01 pm

WRBY

Warby Parker (NYSE:WRBY) has received 2 somewhat bullish and 3 indifferent analyst ratings in the last quarter. The average price target is $15.6, indicating an upside from the current price of $12.35. This average has increased by 24.8% from the previous average price target of $12.50.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:01 pm

CWAN

Over the past 3 months, 10 analysts have published their opinion on Clearwater Analytics Hldg (NYSE:CWAN) stock. The analysts have an average price target of $20.8 versus the current price of $19.67. This current average has increased by 13.72% from the previous average price target of $18.29.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:01 pm

CRIS

Curis (NASDAQ:CRIS) has received positive analyst ratings in the last quarter, with 3 bullish and 2 somewhat bullish ratings. The average 12-month price target for Curis is $4.8, representing a 46.67% decrease from the previous average price target of $9.00.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:00 pm

BABA

FXI

HUYA

KWEB

TCEHY

Alibaba Group Holding Limited (BABA), iShares China Large-Cap ETF (FXI), and KraneShares Trust KraneShares CSI China Internet ETF (KWEB) stocks are trading lower due to concerns over China's property sector, following China Evergrande Group's cancellation of creditor meetings. Poor sales led to the cancellation, impacting the property sector which accounts for 6.1% of China's economy. Additionally, China has limited the live broadcast of esports matchups, affecting Tencent Holdings Ltd (TCEHY) and Huya Inc (HUYA).

Portfolio Pulse from Anusuya Lahiri

September 25, 2023 | 11:55 am