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TT

Trane Technologies (NYSE:TT) has outperformed the market over the past 5 years, producing an average annual return of 20.85%. If an investor had bought $1000 of TT stock 5 years ago, it would be worth $2,592.54 today.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 5:00 pm

ROKU

Citigroup has maintained its Neutral rating for Roku (NASDAQ:ROKU) but lowered its price target from $100.00 to $78.00. Roku's shares are currently trading at $68.65, up 1.49% over the last 24 hours. A move to $78.00 would represent a 13.62% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 5:00 pm

WDFC

DA Davidson has maintained its Buy rating for WD-40 (NASDAQ:WDFC) and increased its price target from $232.00 to $256.00. This new target price represents a 26.22% increase from the current share price. WD-40's shares have risen by 1.15% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 5:00 pm

BLRX

BioLineRx Ltd (NASDAQ:BLRX) announced encouraging data from the pilot phase of the CheMo4METPANC Phase 2 trial for first-line pancreatic cancer. The trial showed a disease control rate of 82%, compared to historic rates of 48%. Based on these results, the trial was amended to become a randomized study with increased enrollment. Earlier this month, the FDA approved BioLineRx's Aphexda for use in patients with multiple myeloma. However, BLRX shares are down 6.28% at $1.94.

Portfolio Pulse from Vandana Singh

September 28, 2023 | 4:55 pm

AMD

Shares of Advanced Micro Devices (AMD) are trading higher, in line with the broader tech and semiconductor sectors. This comes after CEO Lisa Su's recent appearance at the Code Conference 2023.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 4:54 pm

FLS

Flowserve Corp (FLS) has provided preliminary FY24 guidance and FY27 outlook at its investor day. For FY23, the company reiterated revenue growth of 16.0% to 18.0%, adjusted EPS of $1.85 - $2.00, and capital expenditure of $75 million - $85 million. For FY24, it projects revenue growth in mid-single-digit percentages, adjusted operating margins in low-double digits, and adjusted EPS growth of over 20%-25% Y/Y. For FY27, Flowserve guided revenue CAGR of +5% to over $5.0 billion, adjusted operating margins of 14%-16%, and adjusted EPS of over $4.00. The company's cash and cash equivalents stood at $422.8 million as of June 30.

Portfolio Pulse from Lekha Gupta

September 28, 2023 | 4:54 pm

FTLF

FitLife Brands has announced that the U.S. Bankruptcy Court has approved its $18.5 million acquisition of substantially all of the assets of MusclePharm. This has led to a rise in FitLife Brands' shares.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 4:47 pm

DDD

DM

NNDM

SSYS

Stratasys Ltd (SSYS) has announced that it is exploring strategic alternatives following the failure of its merger with Desktop Metal Inc (DM). The company's board has initiated a process to consider options such as a strategic transaction, potential merger, business combination or sale. This comes after Stratasys rejected offers from 3D Systems Corporation (DDD) and Nano Dimension Ltd. (NNDM), stating that they significantly undervalued the company.

Portfolio Pulse from Shivani Kumaresan

September 28, 2023 | 4:46 pm

MU

Micron Technology's Q4 results were largely in line with expectations, but shares fell in early trading. Analysts from BMO Capital Markets, Piper Sandler, Mizuho Securities, Stifel, BofA Securities, Needham, and Morgan Stanley provided their takeaways. Most analysts maintained their ratings, with price targets ranging from $58 to $82. Key points included excess inventory clearing in most end markets, expectations of improving inventory levels, and anticipation of DRAM and NAND pricing improvement into 2024.

Portfolio Pulse from Priya Nigam

September 28, 2023 | 4:45 pm

TSLA

Tesla shares are trading higher amid the ongoing UAW strikes at the company's Big 3 rivals. Morgan Stanley has maintained an Overweight rating and a $400 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 4:43 pm