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HUBC

Hub Cyber Security reported its FY22 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 7:15 pm

HRB

H & R Block Inc (NYSE:HRB) shares gained as much as 11% after the company issued upbeat Q2 earnings and increased its dividend by 10%. The company reported strong revenue growth, substantial EBITDA growth, and a 9% increase in adjusted EPS. Positive customer feedback, growth in its Small Business sector, and efficient implementation of the “Block Horizons” strategy also contributed to the year’s accomplishments.

Portfolio Pulse from AJ Fabino

August 16, 2023 | 7:14 pm

MULN

Mullen Automotive (NASDAQ:MULN) has debuted the ultra-high-performance Mullen FIVE RS EV Crossover, which has a top speed of 200 mph and acceleration from 0-60 mph in under 2 seconds. The vehicle will be featured on the upcoming Strikingly Different EV tour. Mullen also implemented a 1-for-9 reverse stock split to regain compliance with Nasdaq's $1.00 minimum bid price requirement. MULN shares are currently trading lower by 2.2%.

Portfolio Pulse from Shivani Kumaresan

August 16, 2023 | 7:12 pm

TSHA

Taysha Gene Therapies' shares are trading lower after Canaccord Genuity maintained a Buy rating on the stock but lowered its price target from $13 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 7:10 pm

ARHS

Arhaus, Inc. (NASDAQ:ARHS) may face near-term pressure due to a secondary offering of 12 million shares by its private equity sponsor, Freeman & Spogli, reducing their holding from 22% to 13%. This follows a strong 2Q23 report, with demand trends outpacing peers and benefiting from product introductions, marketing, and lower ocean freight costs. The company's outlook for 2H23 suggests potential upside to sales and EBITDA projections. In 2024, Arhaus is expected to benefit from 11 new stores opening in 2023. However, ARHS shares are currently trading lower by 16.4%.

Portfolio Pulse from Nabaparna Bhattacharya

August 16, 2023 | 7:05 pm

EA

TTWO

Truist Securities analyst Matthew Thornton reiterated a Buy rating for Take-Two Interactive Inc (TTWO) with a $158 price target and Electronic Arts Inc (EA) with a lowered price target from $150 to $140. The analyst published updated models post mixed Q1 results for both companies. TTWO shares traded higher by 1.03% at $140.94 on the last check Wednesday.

Portfolio Pulse from Anusuya Lahiri

August 16, 2023 | 7:03 pm

ON

ON Semiconductor Inc.'s shares are currently trading at $93.14, after a 1.05% decrease. Despite an 8.61% fall over the past month, the stock has risen by 27.15% over the past year. The company's P/E ratio is lower than the aggregate P/E of 41.31 of the Semiconductors & Semiconductor Equipment industry, which could indicate that the stock is undervalued.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 7:01 pm

REGN

18 analysts have provided ratings for Regeneron Pharmaceuticals (NASDAQ:REGN) in the last quarter, with an average price target of $874.06, implying an upside from the current price of $802.67. The current average has decreased by 1.41% from the previous average price target of $886.54.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 7:00 pm

ED

Consolidated Edison (NYSE:ED) has received mixed analyst ratings in the last quarter, with 2 bullish, 3 indifferent, and 7 bearish. The company's average 12-month price target is $87.08, a 0.9% increase from the previous average of $86.30.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 7:00 pm

GETY

Getty Images Holdings (NYSE:GETY) has received various analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target for the company, according to 4 analysts, is $6.42, a decrease of 16.3% from the previous average of $7.67.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 7:00 pm