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TFIN

DA Davidson analyst Gary Tenner downgraded Triumph Financial (NASDAQ:TFIN) from Buy to Neutral and set a price target of $72.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 6:31 pm

STZ

Constellation Brands (NYSE:STZ) has delivered an average annual return of 12.96% over the past 10 years, outperforming the market by 3.34% on an annualized basis. A $100 investment in STZ a decade ago would now be worth $339.89. The company currently has a market cap of $43.09 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 6:30 pm

CCI

Crown Castle (NYSE:CCI) has delivered an average annual return of 11.38% over the past 20 years, outperforming the market. A $100 investment in CCI 20 years ago would be worth $859.39 today. Crown Castle currently has a market cap of $45.41 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 6:30 pm

AEO

American Eagle Outfitters Inc (NYSE:AEO) stock rose by 2.82% to $19.71 following strong earnings reports from Gap Inc and Ross Stores, suggesting a positive outlook for the retail and apparel sector. Gap's earnings per share of 59 cents exceeded expectations of 18 cents, with sales of $3.767 billion surpassing forecasts of $3.610 billion, despite a 7% year-over-year decrease. This performance may boost investor confidence in similar companies like American Eagle, potentially leading to a reassessment of AEO's future earnings expectations.

Portfolio Pulse from Henry Khederian

November 17, 2023 | 6:28 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) President and CEO Brendan Jones will discuss the company's growth and path to profitability at the UBS Industrials Summit on November 29. Blink aims for a positive adjusted EBITDA by December 2024 and has seen significant revenue growth, with Q3 2023 revenues up 152% to $43.4 million. The company has also improved operational efficiency by insourcing chargers and raised its 2023 revenue target to $128 - $133 million.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 6:20 pm

TMBR

Timber Pharmaceuticals announced that its proposal to approve a merger agreement with Leo US and Leo Spiny Merger Sub was not approved by a majority of the outstanding shares entitled to vote, as per an SEC filing. A special meeting was held to vote on this matter.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 6:19 pm

NTES

NetEase's stock (NTES) is experiencing a rebound after the company reported its Q3 financial results. Benchmark, a financial firm, has increased its price target for NetEase from $130 to $140.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 6:12 pm

AGE

PFE

Serina Therapeutics Inc has licensed its POZ polymer technology to Pfizer Inc for research and development activities. Serina, which is set to merge with AgeX Therapeutics Inc in an all-stock transaction, will continue under the Serina name post-merger. AgeX Therapeutics' stock (AGE) is trading lower on heavy volume, with shares down 28.3% at $0.42.

Portfolio Pulse from Vandana Singh

November 17, 2023 | 6:10 pm

AYRWF

CBSTF

GTBIF

TSNDF

VRNOF

U.S. cannabis operators reported varied Q3 results, with Green Thumb Industries (GTBIF) and Verano Holdings (VRNOF) showing strong performances, while The Cannabist Company (CBSTF) and Ayr Wellness (AYRWF) lagged. Green Thumb's revenue growth and stock buyback program, Verano's cost efficiency and revised cash flow guidance, and TerrAscend's (TSNDF) revenue growth and debt reduction were highlights. The disparities among companies underscore the importance of operational efficiency for long-term success.

Portfolio Pulse from Alexander Teicher

November 17, 2023 | 6:07 pm

WSM

RBC Capital analyst Steven Shemesh has maintained an Outperform rating on Williams-Sonoma (NYSE:WSM) and increased the price target from $150 to $165.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 6:04 pm