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TLRY

Shares of Tilray Brands are trading lower, following a recent surge in cannabis stocks.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:14 pm

GTLB

GitLab Inc (NASDAQ:GTLB) shares climbed after reporting its Q2 results. Analysts from Truist Securities, RBC Capital Markets, William Blair, and Needham provided positive reviews, with Truist and RBC raising their price targets. GitLab reported strong quarterly results and raised its full-year guidance. However, seat contraction could remain a headwind for the next 1-2 quarters.

Portfolio Pulse from Priya Nigam

September 06, 2023 | 4:12 pm

HERTF

Heritage Cannabis Holdings Corp.'s Pura Vida products have been approved for retail and online distribution in Québec. This marks a significant expansion for the company, which is now selling products in every province in Canada. The company's shares traded 7.4074% higher at $0.0116 per share following the announcement.

Portfolio Pulse from Jelena Martinovic

September 06, 2023 | 4:11 pm

LUV

Southwest Airlines has guided its Q3 operating revenue per ASM down by 5-7% and raised its fuel cost outlook. Exane BNP Paribas has downgraded the stock to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:10 pm

LMT

Lockheed Martin has delayed the delivery schedule of its first TR-3 jet to between April and June 2024, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:06 pm

AKTS

AMC

EZGO

FOXO

MRIN

PALI

U.S. stocks traded lower with the Dow Jones falling around 200 points. The ISM services PMI rose to 54.5 in August, indicating the strongest growth in the services activity in six months. Palisade Bio, FOXO Technologies, and Marin Software saw their shares rise due to various positive developments. However, EZGO Technologies, Akoustis Technologies, and AMC Entertainment saw their shares drop due to negative news.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 4:05 pm

AMC

AMC Entertainment Holdings, Inc (NYSE:AMC) stock plunged over 20% following an agreement to sell up to 40 million shares through an equity distribution agreement with several Wall Street investment banks. This follows two weeks of downward pressure after AMC implemented a 10-1 reverse stock split and converted its preferred equity shares into common stock. The stock could be forming a bearish flag pattern or a bullish double-bottom pattern near the $10.73 mark.

Portfolio Pulse from Melanie Schaffer

September 06, 2023 | 4:01 pm

RGEN

Repligen (NASDAQ:RGEN) has received six analyst ratings in the last quarter, with one being bullish and five somewhat bullish. The average price target for the stock is $187.83, which is higher than its current price of $168.38, implying an upside. This average has increased by 3.58% from the previous average price target of $181.33.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm

ZS

Zscaler Inc (NASDAQ:ZS) reported impressive FQ4 results, surpassing the $2B+ ARR milestone and achieving record operating margins of 18.9%. Analysts from Canaccord Genuity, Needham, Oppenheimer, Truist Securities, and JMP Securities have maintained or reiterated positive ratings, with price targets ranging from $175 to $225. Despite the positive news, Zscaler's shares declined by 0.31% to $162.23.

Portfolio Pulse from Priya Nigam

September 06, 2023 | 4:00 pm

SYNA

Synaptics (NASDAQ:SYNA) has received a mix of bullish and indifferent ratings from 8 analysts over the last quarter. The average price target is $98.75, representing an upside from the current price of $87.855. This average price target is a 1.45% decrease from the previous average price target of $100.20.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm