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SILK

B of A Securities analyst Travis Steed has downgraded Silk Road Medical (NASDAQ:SILK) from Buy to Underperform and lowered the price target from $51 to $28.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:10 pm

CGC

TSNDF

Eight Capital analysts believe that Canopy Growth (NASDAQ:CGC) should not be valued as a going concern, with a price target of $0, due to continuous losses of $5 billion. TerrAscend Corp. (OTC:TSNDF) is seen as having a successful journey to listing on the TSX, with hopes of a NASDAQ listing in the near future. Other topics discussed in the podcast include Curaleaf's acquisition of Clever Leaves Portugal, Cybin's market surge, and Compass Pathways' $120 price target.

Portfolio Pulse from The Dales Report

July 12, 2023 | 2:09 pm

INMD

InMode Ltd. (NASDAQ:INMD) has released its preliminary results for Q2 2023, with expected revenues of $135.7 million-$135.9 million, above the consensus of $130.28 million. The company also raised its FY23 revenue guidance to $530 million-$540 million from the previous guidance of $525 million-$530 million. InMode's shares are trading higher by 2.11% in the premarket session.

Portfolio Pulse from Nabaparna Bhattacharya

July 12, 2023 | 2:05 pm

OGI

OrganiGram Holdings (NASDAQ:OGI) is set to release its latest quarterly earnings report on July 13, 2023. Analysts estimate an earnings per share (EPS) of $-0.04. The company's share price dropped by 12.39% the day after it missed EPS by $0.03 last quarter. Over the last 52-week period, shares are down 57.62%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:04 pm

NTIC

Northern Technologies (NASDAQ:NTIC) is set to release its latest quarterly earnings report on July 13, 2023. Analysts estimate an earnings per share (EPS) of $0.19. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $10.85 as of July 11, with a 0.26% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:04 pm

AEHR

Aehr Test Systems (NASDAQ:AEHR) is set to release its latest quarterly earnings report on July 13, 2023. Analysts estimate an EPS of $0.21. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $38.71, up 396.75% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:03 pm

SKWD

In the last quarter, 11 analysts have provided ratings for Skyward Specialty (NASDAQ:SKWD), with 3 being bullish and 8 somewhat bullish. The company has an average 12-month price target of $27.27, up by 9.52% from the previous average of $24.90. No bearish or indifferent ratings were given.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:03 pm

PGR

Progressive (NYSE:PGR) is set to release its latest quarterly earnings report on July 13, 2023. Analysts estimate an EPS of $0.90. Last quarter, the company missed EPS by $0.72, leading to a 1.71% drop in share price. Shares of Progressive were trading at $132.17 as of July 11, with a 52-week increase of 17.26%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:03 pm

AULT

BANL

HCTI

KPLT

PRFX

RXRX

US stocks traded higher with the Nasdaq Composite surging over 1%. The annual inflation rate in the US eased to 3% in June, the lowest level since March 2021. Healthcare Triangle, Inc. (HCTI), Ault Alliance, Inc. (AULT), and Recursion Pharmaceuticals, Inc. (RXRX) saw their shares rise significantly. Conversely, CBL International Limited (BANL), PainReform Ltd. (PRFX), and Katapult Holdings, Inc. (KPLT) experienced a drop in their share prices.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 2:03 pm

AME

AMETEK (NYSE:AME) has received 5 bullish analyst ratings in the last quarter, with no bearish or indifferent ratings. The average 12-month price target for AMETEK over the last 3 months is $165.4, which has increased by 2.73% over the past month.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:02 pm