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RF

Regions Financial Corporation (NYSE:RF) reported Q4 earnings of $0.52 per share, surpassing the consensus estimate of $0.46 by 13.04%. However, this represents a 22.39% decrease from the previous year's earnings of $0.67 per share. Quarterly sales were $1.81 billion, slightly above the estimate of $1.80 billion, but marked a 7.12% decline from the prior year's $1.95 billion.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:04 am

OLED

Citigroup analyst Atif Malik has downgraded Universal Display (NASDAQ:OLED) from Buy to Neutral while increasing the price target from $161 to $180. This reflects a more cautious stance on the stock despite the raised price target.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:01 am

CG

Citigroup analyst Christopher Allen has downgraded Carlyle Group (CG) from Buy to Neutral while increasing the price target from $40 to $41. This reflects a more cautious outlook on the company's stock while acknowledging some potential for growth.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:00 am

BX

Citigroup analyst Chris Allen has downgraded Blackstone (NYSE:BX) from Buy to Neutral while increasing the price target from $116 to $124. This reflects a more cautious stance on the stock despite a slight increase in the expected share price.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:55 am

DFS

HSBC analyst Saul Martinez has downgraded Discover Financial Services (NYSE:DFS) from Buy to Hold and reduced the price target from $121 to $107.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:53 am

COIN

Citigroup analyst Peter Christiansen has maintained a Neutral rating on Coinbase Global, Inc. (NASDAQ:COIN) and increased the price target from $90 to $151.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:49 am

DKNG

Exane BNP Paribas analyst Alistair Johnson has downgraded DraftKings (NASDAQ:DKNG) from Neutral to Underperform and set a price target of $28.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:48 am

DKNG

Stifel analyst Jeffrey Stantial has upgraded DraftKings (NASDAQ:DKNG) from Hold to Buy and increased the price target from $40 to $45, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:40 am

AMZN

ASTS

GOOG

GOOGL

IRBT

T

In Friday's pre-market session, iRobot Corporation (IRBT) shares plummeted after reports that the EU may reject Amazon's (AMZN) acquisition of the company. AST SpaceMobile (ASTS) shares also tumbled following a $100 million common stock offering and strategic investment news involving AT&T (T), Alphabet (GOOG, GOOGL), and Vodafone. Other stocks experiencing pre-market losses include MorphoSys (MOR), Absci Corporation (ABSI), Diversified Energy Company (DEC), XPeng Inc. (XPEV), Chegg (CHGG), and Arcutis Biotherapeutics (ARQT).

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 10:38 am

TXN

UBS analyst Timothy Arcuri has upgraded Texas Instruments (NASDAQ:TXN) from Neutral to Buy and increased the price target from $170 to $195.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:34 am