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CHEK

Symetryx, holding 5.6% of Check-Cap Ltd. (NASDAQ:CHEK) shares, issued an open letter urging shareholders to vote against the Keystone Dental merger and Check-Cap board nominees, citing an unrealistic valuation of Keystone and Check-Cap's troubling cash burn. Symetryx recommends voting for its own slate of director candidates, arguing that the proposed merger is value-destructive and dilutive, and that the Check-Cap board is not acting in shareholders' best interests. Symetryx also highlights ongoing operational concerns, including a deficiency letter from the FDA to Keystone, and criticizes the current board for not engaging with Symetryx's proposals or providing financial transparency.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:00 pm

ZS

Piper Sandler analyst Rob Owens has maintained an Overweight rating on Zscaler (NASDAQ:ZS) and increased the price target from $190 to $220.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:59 pm

LASR

nLight's stock (LASR) is experiencing an uptick following an upgrade from Hold to Speculative Buy by Benchmark.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:58 pm

AAPL

CRWD

ETSY

GOOG

META

PLTR

Z

Gene Munster of Deepwater Asset Management highlighted several sub-$50 billion market cap tech companies with potential to double or triple in value over the next year. On CNBC's 'Squawk Box,' Munster suggested investors should have exposure to tech, including mega-cap names like Meta Platforms, Alphabet, and Apple, which are trading near 52-week highs. However, he believes the real growth will come from smaller companies. Munster shared five of Deepwater's picks: CrowdStrike, Palantir Technologies, Zillow Group, Etsy, and private company Redwood Materials. He sees CrowdStrike and Palantir as underappreciated, with CrowdStrike set to report earnings and Palantir riding the AI wave. Etsy could benefit from holiday shopping, and Zillow is innovating in real estate with a new app version.

Portfolio Pulse from Adam Eckert

November 28, 2023 | 4:57 pm

LC

Piper Sandler initiated coverage on LendingClub with an Overweight rating and a price target of $8, causing the company's shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:54 pm

SWTX

SpringWorks Therapeutics' stock is trading higher following the announcement of FDA approval for their product OGSIVEO.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:50 pm

GME

GameStop Corporation (NYSE:GME) shares are experiencing an uptick in trading volume and price despite no company-specific news. The stock has seen over 2.77 million shares traded, nearing its 100-day average volume. Short interest remains high at 22.62% of available shares. GME is trading below its 50-day moving average and significantly below its 52-week high. The company is scheduled to report Q3 financial results on December 6. Concurrently, GME's stock price has risen by 8% to $12.87.

Portfolio Pulse from Erica Kollmann

November 28, 2023 | 4:49 pm

EL

Estee Lauder's stock (EL) is trading higher following HSBC's initiation of coverage with a Buy rating and a price target of $180.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:44 pm

GOOS

Canada Goose Holdings Inc (NYSE:GOOS) has acquired the operating assets of its Romanian partner, Paola Confectii Manufacturing, to enhance its knitwear production capabilities. The acquisition, which is the company's first European facility, aims to improve product margins, supply control, and in-house expertise. Financial terms were not disclosed. Paola Confectii, which has been a partner since 2017, will continue operations under its current leadership. Canada Goose's cash position was C$37.5 million as of October 1, 2023, and its shares saw a 2.17% increase to $10.88.

Portfolio Pulse from Shivani Kumaresan

November 28, 2023 | 4:40 pm

COCH

Lake Street analyst Frank Takkinen has initiated coverage on Envoy Medical (NASDAQ:COCH) with a Buy rating and set a price target of $3.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:37 pm