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Target Corporation reported better-than-expected Q3 FY23 results with sales of $25.398 billion and adjusted EPS of $2.10, causing its shares to rise 18.2%. Other stocks also moved higher, including AST SpaceMobile, Arcturus Therapeutics, CorMedix, Gyre Therapeutics, Dada Nexus, Icosavax, iHeartMedia, V.F. Corporation, Wolfspeed, Sigma Lithium, Chegg, Catalent, Vipshop Holdings, Tencent Music Entertainment, Kohl's, Macy's, Sirius XM Holdings, Expedia Group, Crocs, Tripadvisor, and American Eagle Outfitters, following positive earnings reports, upgrades, and partnership announcements.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 4:08 pm

VIPS

Vishop Holdings' stock is trading higher following an upgrade by Citigroup from Neutral to Buy, along with an increase in the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 4:06 pm

MSFT

NVDA

Microsoft has announced the development of a custom AI chip named 'Maia', which has the potential to compete with Nvidia's offerings in the AI processor market. Additionally, Microsoft revealed an ARM-based chip called 'Cobalt'. These advancements could signify Microsoft's increasing focus on hardware for AI and cloud services, positioning it as a competitor to Nvidia's dominance in AI chips.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 4:05 pm

TSLA

WKSP

XPEV

Labor disputes are affecting major automakers like Ford, Stellantis, and General Motors, with potential strikes looming if UAW agreements are rejected. Tesla also faces labor issues in Sweden. In contrast, XPeng and Worksport reported strong Q3 results, with Worksport's North American sales surging and securing significant orders and agreements. Worksport's 'Made in the USA' products and R&D investments position it well in the market. Hyundai, Toyota, and Honda have raised wages, while Tesla's refusal to negotiate in Sweden and price war strategies may impact its margins and market position.

Portfolio Pulse from Upwallstreet

November 15, 2023 | 4:04 pm

VFC

V.F. Corporation (VFC) shares are experiencing an uptick following an upgrade by JP Morgan from Underweight to Neutral, accompanied by a price target increase from $15 to $19.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 4:04 pm

CTLT

Catalent, Inc. shares rose following the announcement of their Q1 financial results, which exceeded expectations. The company also reaffirmed its revenue guidance for the fiscal year 2024, providing investors with confidence in its financial stability and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 4:02 pm

BORR

Borr Drilling (NYSE:BORR) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with analysts predicting an EPS of $0.08. Investors are looking for an earnings beat and positive guidance for future growth. Borr Drilling's stock performance has been positive over the last year, with shares up 26.48%. Past earnings have shown mixed results with both misses and beats affecting stock prices variably.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 4:01 pm

SCVL

Shoe Carnival (NASDAQ:SCVL) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with analysts predicting an EPS of $1.01. Investors are looking for an earnings beat and positive guidance for future growth. In the past, SCVL's stock price has been affected more by guidance than earnings beats or misses. Last quarter, SCVL missed the EPS estimate by $0.13 but saw a 5.57% increase in share price the following day. Over the last year, SCVL shares have decreased by 2.15%, indicating potential dissatisfaction among long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 4:01 pm

BRC

Brady (NYSE:BRC) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16. Analysts predict an EPS of $0.93. Investors are looking for an earnings beat and positive guidance for the next quarter. Brady's stock performance has been positive over the last 52 weeks, with shares up 13.41%, trading at $54.94 as of November 14. Historical data shows mixed reactions to past earnings reports.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 4:01 pm

DOLE

Dole (NYSE:DOLE) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16. Analysts predict an EPS of $0.12. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, Dole's stock price has shown mixed reactions to past earnings performances, with both increases and decreases in share price following earnings releases. Shares are currently trading at $11.92 and have increased 22.1% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 4:01 pm