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EXEL

Exelixis (NASDAQ:EXEL) has received various analyst ratings in the last quarter, with 1 bullish, 6 somewhat bullish, and 5 indifferent. Over the past 3 months, 12 analysts have offered 12-month price targets for Exelixis, with an average price target of $24.33, up by 4.87% from the previous average of $23.20.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 4:00 pm

IAC

Analysts have provided ratings for IAC (NASDAQ:IAC) within the last quarter, with 4 bullish, 6 somewhat bullish, and 1 indifferent. The average price target is $83.45, implying an upside from the current price of $51.98. This average has decreased by 4.32% from the previous average price target of $87.22.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 4:00 pm

SSL

JP Morgan analyst Alex Comer has downgraded Sasol (NYSE:SSL) from Overweight to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:58 pm

NFLX

Netflix Inc's CFO has stated that the company is 'nowhere near' peak margins, indicating potential for further growth and profitability.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:56 pm

MPC

PSX

SPY

VLO

Valero (NYSE:VLO), a petroleum company, has seen a 20% increase in its stock since the second half of 2023, outperforming the S&P (NYSE:SPY) which only saw a 0.5% increase. Valero's competitors, Phillips 66 (NYSE:PSX) and Marathon Petroleum (NYSE:MPC), have also seen significant increases in their stocks, with 18% and 33% respectively.

Portfolio Pulse from Thrash Capital

September 13, 2023 | 3:54 pm

ACB

Aurora Cannabis Inc. (NASDAQ:ACB) shares are pulling back after gaining more than 100% since last Friday. The broader cannabis sector has seen increased interest following the Department of Health and Human Services' recommendation to reclassify marijuana. ACB shares have gained more than 80% during September, but are now down nearly 13%.

Portfolio Pulse from Erica Kollmann

September 13, 2023 | 3:52 pm

QQQ

TQQQ

ProShares UltraPro QQQ (TQQQ) shares are trading higher by 1.9% following worse-than-expected U.S. inflation data. The ETF corresponds to three times the daily performance of the Nasdaq-100 (QQQ) ETF. Rising inflation can lead to concerns about tighter monetary policy, including interest rate hikes, which can have a mixed impact on TQQQ. Higher rates can increase borrowing costs for tech companies but can also attract income-seeking investors to high-growth equities.

Portfolio Pulse from Henry Khederian

September 13, 2023 | 3:49 pm

EADSF

EADSY

Airbus SE has delivered the first C295 aircraft to the Indian Air Force, marking the start of a long-term journey with the Indian military. The company will deliver a total of 56 aircraft, with the first 16 being assembled in Spain and delivered by August 2025. The remaining 40 will be manufactured and assembled in India in partnership with Tata Advanced Systems Limited, with the final aircraft to be delivered by August 2031. Airbus' shares traded lower by 0.20% to $34.95 on the last check Wednesday.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2023 | 3:48 pm

ORCL

Oracle Corporation (NYSE:ORCL) shares are trading higher after falling more than 13% on Tuesday due to mixed first-quarter financial results. Despite beating analyst consensus estimates, investors were expecting stronger results. JP Morgan and Citigroup analysts downgraded Oracle and lowered their price targets. However, Oracle shares are moving higher on heavy trading volume.

Portfolio Pulse from Erica Kollmann

September 13, 2023 | 3:48 pm

CWBHF

Cannabis company Charlotte's Web Holdings, Inc. has appointed William Morachnick as its new CEO, succeeding Jacques Tortoroli. Morachnick, a former executive at Reynolds American, has also been appointed to the company's board of directors. He has a track record of building premium brands and products across multiple channels worldwide. Charlotte's Web's shares traded 7.8969% lower at $0.3394 per share at the market close on Tuesday.

Portfolio Pulse from Jelena Martinovic

September 13, 2023 | 3:47 pm