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SHIBUSD

Cryptocurrency analyst Michael Van De Poppe predicts a potential rally for Shiba Inu (CRYPTO: SHIB), with a potential increase of more than 30% if it manages to sustain its position above crucial support levels. However, the price of Shiba Inu tokens has decreased by approximately 8% following the launch of the Shibarium network due to reported bridging issues.

Portfolio Pulse from Mehab Qureshi

August 17, 2023 | 12:14 pm

STIX

Semantix (NASDAQ:STIX) reported Q2 sales of $9.70 million, a 42.60% decrease from $16.89 million in the same period last year. The company also reported a net loss of $7.28 million.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:12 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares have been on a slide, losing 23% since the second-quarter earnings call. Analysts Gary Black and Daniel Ives weighed in on the situation. Black criticized Tesla's strategy of price cuts to drive volume, while Ives sees the price cuts as a strategic move and an opportunity for the company. Tesla's stock was up 0.44% in premarket trading.

Portfolio Pulse from Shanthi Rexaline

August 17, 2023 | 12:12 pm

RMED

Ra Medical Systems, Inc. (NYSE:RMED) has announced a name change to Catheter Precision, Inc. effective August 17, 2023. The company will also change its ticker symbol to 'VTAK' starting August 18, 2023. The change signifies the company's shift from laser catheter business to focus solely on cardiac electrophysiology.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 12:06 pm

STIX

Semantix (NASDAQ:STIX) reported a 42.60% decrease in sales this quarter, with sales of $9.70 million compared to $16.89 million in the same period last year. The company also reported a loss of $7.28 million.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:05 pm

BXRX

Baudax Bio has announced a registered direct offering priced at-the-market under Nasdaq rules, aiming to raise $1.9 million.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:01 pm

ALC

In the last quarter, Alcon (NYSE:ALC) received 3 bullish, 1 somewhat bullish, and 1 indifferent rating from analysts. The company's average 12-month price target has increased by 5.94% to $92.06, with a high of $98.00 and a low of $85.00.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 12:01 pm

COIN

In the last quarter, Coinbase Glb (NASDAQ:COIN) received various analyst ratings, with 11 being bullish, 4 somewhat bullish, 6 indifferent, 5 somewhat bearish, and 1 bearish. The company's average price target is $87.22, with a high of $145.00 and a low of $27.00. This average price target has increased by 30.86% over the past month.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 12:01 pm

ARE

Alexandria Real Estate (NYSE:ARE) has received 5 bullish ratings from analysts in the last quarter, with an average 12-month price target of $143.8, representing a 5.81% decrease from the previous average price target of $152.67.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 12:00 pm

WDAY

Workday (NASDAQ:WDAY) has received a total of 27 analyst ratings in the last quarter, with 8 being bullish, 16 somewhat bullish, and 3 indifferent. The average price target for the stock is $247.85, which is higher than its current price of $230.41. The average price target has increased by 10.63% over the past month.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 12:00 pm