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BTCUSD

The meme cryptocurrency named after Donald Trump, TRUMP, surged 50% following his statement against central bank digital currencies (CBDCs). Trump's declaration came during a campaign event in New Hampshire. The TRUMP token has a market cap of $39.81 million, a liquidity pool of $1.57 million, and a circulating supply of 46.50 million tokens. The trading volume over the past 24 hours reached $1.41 million. The coin, which is not affiliated with Donald Trump, saw its market cap exceed $30 million on January 16 after Trump's Iowa Caucus victory.

Portfolio Pulse from Mehab Qureshi

January 18, 2024 | 10:46 am

PI

Needham analyst James Ricchiuti has reaffirmed a Buy rating on Impinj (NASDAQ:PI) and increased the price target from $85 to $115, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:23 am

SHOP

Barclays analyst Trevor Young has maintained an Equal-Weight rating on Shopify (NYSE:SHOP) and increased the price target from $53 to $70.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:20 am

MCHP

Wolfe Research analyst Chris Caso upgraded Microchip Technology (NASDAQ:MCHP) from Peer Perform to Outperform and set a price target of $105. This upgrade suggests a positive outlook on the company's performance.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:18 am

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TALO

Discover Financial Services reported a significant drop in Q4 profit, with earnings per share of $1.54, missing the expected $2.52. Despite beating revenue estimates, its shares fell 10.1% in pre-market trading. Plug Power announced a sales agreement for up to $1 billion in stock, causing shares to drop 15.2%. Other stocks mentioned also experienced declines in pre-market trading, including Nukkleus, Talos Energy, Spirit Airlines, On Holding, Ballard Power Systems, and e.l.f. Beauty, which is set to be replaced in the S&P SmallCap 600 by Peabody Energy.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 10:17 am

GRAB

JP Morgan analyst Ranjan Sharma has upgraded Grab Holdings (NASDAQ:GRAB) from Neutral to Overweight and increased the price target from $3.6 to $3.8.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:09 am

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TSLA

Wells Fargo analyst Colin Langan predicts Tesla Inc. (NASDAQ:TSLA) will face a challenging year with only a 13% growth in deliveries, below its 50% target. Tesla's price reductions in China, a production halt in Germany, and macroeconomic issues could impact its performance. Langan expects a lower 15.4% gross margin for the latest quarter and has reduced Tesla's stock price target to $223. Meanwhile, BYD Co Ltd (OTC:BYDDF), supported by Warren Buffett, has overtaken Tesla in global EV sales.

Portfolio Pulse from Benzinga Neuro

January 18, 2024 | 9:48 am

ULY

Needham analyst Chris Pierce has reiterated a Buy rating on Urgently (NASDAQ:ULY) and maintained a $7 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:46 am

BLNK

Needham analyst Chris Pierce has reiterated a Buy rating on Blink Charging (NASDAQ:BLNK) and maintained a $7 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:44 am

KBH

Raymond James analyst Buck Horne has maintained an Outperform rating on KB Home (NYSE:KBH) and increased the price target from $61 to $70.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:32 am