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ADM

Archer-Daniels-Midland (ADM) shares are trading higher following the company's mixed Q2 results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:06 pm

UPST

Upstart Holdings, Inc. (NASDAQ:UPST) shares are trading higher following positive analyst coverage from BTIG. Analyst Lance Jessurun maintained a Buy rating for Upstart and raised the price target from $42 to $72. The company's shares have seen heavy trading volume, with more than 16 million shares traded in the session. Upstart's shares have risen more than 110% over the last month and more than 320% over the last three months. The company is set to release its second-quarter financial results on Aug. 8.

Portfolio Pulse from Erica Kollmann

July 25, 2023 | 5:04 pm

TEAM

Atlassian's stock price target has been raised from $130 to $165 by Barclays, leading to a surge in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:04 pm

BNTC

Benitec Biopharma Inc. (NASDAQ:BNTC) has announced a 1-for-17 reverse stock split of its common stock, effective July 26, 2023. The move is primarily intended to bring the company into compliance with the $1.00 minimum bid price requirement for maintaining its listing on Nasdaq. The reverse stock split will not change the par value of the common stock nor the authorized number of shares of common stock.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 5:04 pm

NOVN

VRCA

The FDA has approved Verrica Pharmaceuticals' Ycanth solution for molluscum contagiosum in patients two years and older. Following this, Needham upgraded Verrica's stock to Buy from Hold with a price target of $10. The analysts believe that the current valuation underappreciates Ycanth's potential to become standard-of-care for molluscum and its potential for wider use in other types of warts. The most near-term potential competitor to Ycanth is a product developed by Novan Inc, which recently filed for bankruptcy.

Portfolio Pulse from Vandana Singh

July 25, 2023 | 5:04 pm

ENPH

Enphase Energy (ENPH) has seen a significant option alert for August 11 $240 calls. The sweep was for 833 contracts at $1.09, significantly above the open interest of 27 contracts. The reference price was $180.51.

Portfolio Pulse from Charles Gross

July 25, 2023 | 5:03 pm

AM

Antero Midstream (NYSE:AM) is set to release its quarterly earnings report on July 26, 2023. Analysts estimate an EPS of $0.20. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. The stock is currently trading at $11.805 and has seen a 19.22% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:03 pm

PEGA

Pegasystems (NASDAQ:PEGA) is set to release its quarterly earnings report on Wednesday, 2023-07-26. Analysts estimate an EPS of $0.05. The company's past performance shows a pattern of share price changes following earnings reports. Shares of Pegasystems were trading at $53.99 as of July 24, with a 15.69% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:03 pm

IMAX

Imax (NYSE:IMAX) is set to release its quarterly earnings report on Wednesday, 2023-07-26, with analysts estimating an EPS of $0.17. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 1.63% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:03 pm

MAT

Mattel (NASDAQ:MAT) is set to release its latest quarterly earnings report on Wednesday, 2023-07-26. Analysts estimate an earnings per share (EPS) of $-0.02. Last quarter, the company missed EPS by $0.06, which was followed by a 6.07% increase in the share price. Shares of Mattel were trading at $21.57 as of July 24, with a 52-week period decrease of 6.85%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:03 pm