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ZS

Zscaler (NASDAQ:ZS) has received a total of 37 analyst ratings in the last quarter, with the majority being bullish or somewhat bullish. The average price target for Zscaler is $170.86, which is higher than its current price of $140.65, implying an upside. The average price target has increased by 16.84% over the past month.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 4:00 pm

ESALY

MRK

Merck & Co Inc and Eisai Ltd have announced the discontinuation of the Phase 3 LEAP-010 trial evaluating Keytruda plus Lenvima for recurrent or metastatic head and neck squamous cell carcinoma. The decision was made after the therapy failed to show an improvement in overall survival in the second analysis. This follows the discontinuation of the LEAP-017 and LEAP-003 trials earlier this year and the LEAP-002 trial last year.

Portfolio Pulse from Vandana Singh

August 25, 2023 | 3:58 pm

NKLA

Nikola Corp's shares are trading higher by 8.2% after a recent slump. The company announced a registered direct offering of senior convertible notes worth up to $325 million, expecting net proceeds of around $124.5 million. However, the stock is down 21.6% over the past five sessions and 35% over the past month due to a voluntary recall of over 200 vehicles following a nearby fire.

Portfolio Pulse from Henry Khederian

August 25, 2023 | 3:58 pm

DWAC

Shares of Digital World Acquisition Corp. (DWAC) are gaining traction following the arrest of former President Donald Trump. The increased media attention may have sparked interest among retail investors. DWAC, a SPAC, was created to fund Truth Social and take Trump Media & Technology Group public.

Portfolio Pulse from Erica Kollmann

August 25, 2023 | 3:46 pm

SNOW

A significant number of investors have taken a bullish stance on Snowflake (NYSE:SNOW), with 57% of investors opening trades with bullish expectations. Whales have been targeting a price range from $110.0 to $185.0 for Snowflake over the last 3 months. The price of SNOW is up 1.43% at $149.78. Several experts have maintained their positive ratings on Snowflake, with price targets ranging from $170 to $191.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:46 pm

BB

BlackBerry shares are trading higher following a Bloomberg report suggesting Veritas is possibly considering a takeover offer for BlackBerry.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:43 pm

WOOF

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) reported Q2 earnings of 6 cents per share and sales of $1.53 billion. The company forecasts 2023 adjusted earnings of 24 to 40 cents per share on net revenue of $6.215 to $6.275 billion. Following the earnings announcement, several analysts including Needham, Wells Fargo, Wedbush, RBC Capital, Morgan Stanley, and B of A Securities revised their price targets on Petco.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 3:40 pm

BB

Trading of BlackBerry shares has resumed.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 3:39 pm

BLK

BTCUSD

XRPUSD

Cryptocurrency fund Pantera Capital predicts a significant surge in Bitcoin (BTC) around the upcoming halving event in April 2024, based on historical performance patterns. The firm also cites positive indicators such as the verdict on Ripple (XRP) and endorsements from BlackRock (BLK) as reasons for its bullish outlook.

Portfolio Pulse from Murtuza Merchant

August 25, 2023 | 3:39 pm

BB

Private equity firm Veritas is reportedly considering a takeover offer for Blackberry, according to Bloomberg.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 3:35 pm