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DIS

EA

WBD

Warner Bros. Discovery (WBD) sees gaming as a growth opportunity, highlighted in a recent investor call. Gaming's cultural impact is evident with successful movies like 'The Super Mario Bros. Movie' and 'Friday Night at Freddy's'. Disney (DIS) is rumored to be interested in acquiring Electronic Arts (EA), while Netflix is expanding its gaming offerings, including mobile versions of Grand Theft Auto games.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 5:15 pm

EQT

EQT Inc. (NYSE:EQT) shares dropped by 0.42% in the current session, trading at $38.20, and have fallen by 6.73% over the past month, despite a 4.24% rise over the past year. The company's P/E ratio of 5.25 is lower than the industry average of 9.15, suggesting potential undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 5:15 pm

THO

Thor Industries, Inc. (NYSE:THO) reported a 19.5% year-on-year decline in Q1 FY24 sales to $2.501 billion, missing estimates of $2.53 billion. North American Towable and Motorized RV sales dropped by 28.3% and 36.7% respectively, while European RV sales rose by 40.4%. EPS was 99 cents, below the expected $1.05. Gross profit margin fell to 14.3%. Despite the miss, Thor reiterated its FY24 sales outlook of $10.5 billion to $11 billion and EPS forecast of $6.25 to $7.25. THO shares rose by 6.66% to $109.99.

Portfolio Pulse from Nabaparna Bhattacharya

December 06, 2023 | 5:11 pm

KMDA

Kamada Ltd. shares have risen following the announcement of a binding memorandum of understanding with Kedrion to amend and extend their KEDRAB U.S. distribution agreement.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 5:07 pm

CRMT

Stephens & Co. analyst Vincent Caintic has maintained an Overweight rating on America's Car-Mart (NASDAQ:CRMT) but reduced the price target from $135 to $83.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 5:07 pm

DSGX

Stephens & Co. analyst Justin Long has maintained an Overweight rating on Descartes Systems Group (NASDAQ:DSGX) and increased the price target from $94 to $105.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 5:05 pm

ASAN

Asana Inc (NYSE:ASAN) shares dropped despite surpassing Q3 revenue expectations. Analysts from Piper Sandler, Oppenheimer, and KeyBanc provided insights, citing concerns over growth deceleration, profitability, and future challenges. Piper Sandler maintained an Underweight rating with a $16 target, Oppenheimer reiterated an Outperform rating with a $28 target, and KeyBanc reaffirmed a Sector Weight rating. Asana's growth deceleration, operating expenses, and billings growth were highlighted as areas of concern, with expectations of continued pressure on renewal activity.

Portfolio Pulse from Priya Nigam

December 06, 2023 | 5:03 pm

IPSC

Century Therapeutics' stock is up following the FDA's clearance of their IND application for CNTY-101, aimed at treating Systemic Lupus Erythematosus.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 5:03 pm

AZO

Stephens & Co. analyst Daniel Imbro has maintained an Overweight rating on AutoZone (NYSE:AZO) and increased the price target from $3000 to $3070.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 5:03 pm

VTI

At Benzinga's Fintech Deal Day event in New York, experts discussed market volatility and risk management. Michael Green of Simplify Asset Management noted the trend towards fixed allocation frameworks and the sell-off in bonds, mentioning the Vanguard Total Stock Market Index Fund ETF (VTI). Kaitlin Meyer of MIAX discussed increased market accessibility and demand for new products, citing Robinhood's 23 million clients. Kris Sidial of The Ambrus Group warned of the risks associated with volatility selling and the use of 0DTE options.

Portfolio Pulse from Tanzeel Akhtar

December 06, 2023 | 5:01 pm