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BA

Deutsche Bank analyst Scott Deuschle has upgraded Boeing (NYSE:BA) from Hold to Buy and set a price target of $270.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:36 am

MSFT

Microsoft Corp. (NASDAQ:MSFT) shares saw a strong premarket advance on Monday, potentially reversing Friday's losses. This follows the news that OpenAI co-founder Sam Altman, who was ousted on Friday, will join Microsoft, along with ex-president Greg Brockman and their team. Microsoft CEO Satya Nadella expressed commitment to the OpenAI partnership and confidence in Microsoft's product roadmap. The company has integrated OpenAI's technology into its products and invested $10 billion in OpenAI earlier this year. Microsoft's stock rose 2.56% to $379.33 in premarket trading.

Portfolio Pulse from Shanthi Rexaline

November 20, 2023 | 10:35 am

ADA-USD

MSFT

Charles Hoskinson, founder of Cardano, invited former OpenAI CEO Sam Altman to collaborate on a decentralized large language model project that could integrate with Cardano's Partner Chain ecosystem. Meanwhile, Microsoft has already brought Altman and Greg Brockman onboard to lead a new advanced AI research team after Altman's departure from OpenAI. ADA's price was up 6% at the time of reporting.

Portfolio Pulse from Mehab Qureshi

November 20, 2023 | 10:32 am

DNUT

JP Morgan analyst John Ivankoe downgraded Krispy Kreme (NASDAQ:DNUT) from Overweight to Neutral and set a price target of $13.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:09 am

SIX

Jefferies analyst David Katz has upgraded Six Flags Entertainment (NYSE:SIX) from Hold to Buy and increased the price target from $25 to $32.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:08 am

MSFT

Microsoft shares increased by 2.7% in premarket trading following the announcement that CEO Satya Nadella has appointed Sam Altman and Greg Brockman to lead a new advanced AI research team at the company.

Portfolio Pulse from Charles Gross

November 20, 2023 | 10:00 am

KINS

Piper Sandler analyst Paul Newsome downgraded Kingstone Companies (KINS) from Neutral to Underweight but raised the price target from $1.2 to $1.75.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:59 am

BOX

MSFT

Microsoft CEO Satya Nadella has been widely praised for hiring OpenAI co-founders Sam Altman and Greg Brockman, along with their former colleagues, to lead a new advanced AI research team. The move is seen as a strategic masterstroke, executed swiftly and decisively. Industry leaders and peers, including Aaron Levie of Box Inc. and Balaji Srinivasan, formerly of Coinbase, have commended Nadella's quick action. Elon Musk, also a co-founder of OpenAI, humorously commented on the situation, sparking a series of 'Revenge of Clippy' memes.

Portfolio Pulse from Rounak Jain

November 20, 2023 | 9:58 am

PLCE

B. Riley Securities analyst Jeff Lick has downgraded Children's Place (NASDAQ:PLCE) from Buy to Neutral and reduced the price target from $45 to $19, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:57 am

BROS

JP Morgan analyst John Ivankoe upgraded Dutch Bros (NYSE:BROS) from Neutral to Overweight and increased the price target from $30 to $35, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:56 am