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TEVA

Teva Pharmaceutical Industries Ltd. reported better-than-expected Q2 results and raised its guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:58 am

AHI

Advanced Health Intelligence (AHI) has executed a binding exclusive, perpetual license with Shanghai-based Changlin Network Technology. This news has led to a rise in AHI's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:58 am

EXAS

Exact Sciences Corp reported Q2 revenue of $622 million, beating the consensus of $599.03 million. The company also raised its 2023 revenue guidance to $2.441-$2.466 billion. Despite these positive results, Benchmark analyst Bruce Jackson downgraded the rating to 'Hold' due to limited potential for further growth. William Blair analysts maintain an 'Outperform' rating, considering the valuation reasonable.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 11:58 am

COCO

Bank of America has downgraded The Vita Coco Company from 'Buy' to 'Neutral', causing the company's shares to move lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:58 am

QS

QuantumScape's shares are experiencing a downturn due to a general weakness in growth stocks.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:58 am

SHOO

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Steven Madden Ltd (NASDAQ:SHOO) with a price target of $39.00. The company reported 2Q23 adjusted EPS of $0.47, slightly above the consensus estimate. However, revenues declined in both the wholesale and DTC channels. Despite industry headwinds, the analyst sees normalization of supply chain lead times as supportive of SHOO's competitive advantage.

Portfolio Pulse from Shivani Kumaresan

August 04, 2023 | 11:58 am

SRE

Sempra Energy's (NYSE:SRE) short percent of float has risen 35.09% since its last report, with 2.41 million shares sold short, which is 0.77% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Sempra Energy has less short interest as the average for its peer group is 1.95%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:58 am

BCC

Truist Securities analyst Michael Roxland reiterated a Buy rating on Boise Cascade (NYSE:BCC), raising the price target to $129 from $100. Despite a 20% Y/Y slump in Q2 sales, the company's shift to higher-margin EWP products has resulted in strong margin performance. The analyst expects EWP prices to stay well above pre-COVID levels, despite a modest decline in 3Q. Roxland raised the EPS estimates for 2023, 2024, and 2025.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 11:57 am

CCJ

Cameco's shares are trading lower after the company reported its Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:57 am

CACC

Credit Acceptance Corporation (CACC) shares are trading lower following the release of their Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:57 am