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DELL

PTCT

VTLE

Several analyst forecasts were released on Tuesday, with price target changes for multiple companies. Notable changes include Raymond James increasing the price target for Vital Energy, Inc. (VTLE) from $54 to $67, B of A Securities slashing PTC Therapeutics, Inc. (PTCT) price target from $43 to $23, and Daiwa Capital boosting Dell Technologies Inc. (DELL) price target from $50 to $80.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:53 am

AMZN

MRNA

PINS

Insiders at Amazon, Electronic Arts, Pinterest, and Moderna have recently sold significant amounts of shares. Amazon's Senior Vice President sold 42,816 shares, Electronic Arts' Chief Legal Officer sold 1,000 shares, Pinterest's Chief People Officer sold 45,153 shares, and Moderna's President sold 15,000 shares. The reasons for these sales are not explicitly stated, but they could be due to a variety of factors, including personal financial planning or concerns about the company's prospects.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:45 am

UPH

Trading of UpHealth's shares has been halted due to pending news. The nature of the news is not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 11:38 am

APOG

AZO

NIO

QQQ

SPY

US stock futures are holding onto slight gains as the Federal Reserve meeting begins. The market is expected to remain cautious as traders anticipate the Fed's future rate trajectory. Stocks showed little movement on Monday, although they ended slightly higher. Wharton Professor Jeremy Siegel predicts a positive market momentum towards the end of the year. In premarket trading, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF saw slight gains. United States Steel Corporation, Nio, Inc., Apogee Enterprises, Inc., and AutoZone, Inc. are in focus.

Portfolio Pulse from Shanthi Rexaline

September 19, 2023 | 11:20 am

TSLA

Toyota Motor Corporation (NYSE:TM) has unveiled its next-generation BEV production line's preparation status, with plans for commercialization in 2027-28. The company is also developing a production line for next-generation batteries (bipolar lithium-ion batteries) to be commercialized in 2026-27. Toyota is focusing on carbon neutrality in manufacturing and believes it can compete with Tesla, Inc. (NASDAQ:TSLA) by merging advanced technology with lean production techniques.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2023 | 11:18 am

AAPL

Honor's CEO, George Zhao, has criticized Apple's iPhone 15 series for lacking innovation, particularly in its physical design. Zhao's disappointment stems from Apple's continued production of traditional bar phones, while Honor has been launching innovative foldable phones. Despite his critique, Zhao expects the iPhone 15 series to perform well in the market.

Portfolio Pulse from Benzinga Neuro

September 19, 2023 | 11:16 am

ACB

Aurora Cannabis Inc. has confirmed its approval to transfer to the Nasdaq Capital Market. The company has also entered into an agreement to repurchase approximately $9.6 million principal amount of convertible notes.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 11:05 am

EVA

GRNT

The article discusses two energy stocks, Enviva Inc. (NYSE:EVA) and Granite Ridge Resources, Inc. (NYSE:GRNT), which are considered oversold with their RSI values below 30. Enviva posted weaker-than-expected Q2 results and its shares fell 5.8% to close at $6.47. Granite Ridge Resources priced its secondary public offering of 7.1 million shares at $5 per share and its shares rose 0.7% to close at $5.79.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 10:59 am

AZO

AutoZone's Q4 total company same store sales have risen by 4.5%, with domestic same store sales up by 1.7%.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:59 am

FXI

SPY

USO

US markets closed slightly higher on Monday, with energy and tech sectors leading the gains. Asian markets closed in red on Tuesday, with Japan's Nikkei 225, Australia's S&P/ASX 200, China's Shanghai Composite, and Shenzhen CSI 300 recording losses, while Hong Kong's Hang Seng rose. European markets traded higher, with the STOXX 600, France's CAC 40, and the U.K.'s FTSE 100 gaining, while Germany's DAX traded lower. Crude oil traded higher, while copper declined. US futures and gold were up, while the U.S. Dollar Index was down.

Portfolio Pulse from Akanksha Bakshi

September 19, 2023 | 10:47 am