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CTLT

Catalent (NYSE: CTLT) has announced a delay in its Q3 2023 results and received an NYSE notice regarding late Form 10-Q filing. The company requires additional time to complete its financial statements and other disclosures. A business update call will be held on May 19, 2023.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 12:12 pm

DE

Deere & Co reported better-than-expected Q2 financial results and issued guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 12:12 pm

CTV

Innovid Corp. (NYSE:CTV) received a notice from the NYSE for non-compliance with Section 802.01C due to its average closing price being below $1.00 per share over a 30 trading-day period. The company plans to cure the deficiency and return to compliance within a six-month period.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 12:10 pm

IEP

Activist investor Carl Icahn admitted to making a mistake on a bearish bet, resulting in nearly $9 billion in losses for his group over six years. The net asset value of Icahn Enterprises LP (NASDAQ:IEP) decreased from $7.9 billion in 2017 to $5.6 billion this month, causing a decline in net asset value per share.

Portfolio Pulse from Vandana Singh

May 19, 2023 | 12:10 pm

RNG

RingCentral (NYSE:RNG) has announced the repurchase of approximately $461 million of its 0% Convertible Senior Notes due 2025. The company will pay around $425 million in cash using its term loan facility and cash on hand. Following the repurchase, about $539 million aggregate principal amount of the 2025 Notes will remain outstanding.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 12:08 pm

GPS

In the last 3 months, 8 analysts have offered 12-month price targets for Gap (NYSE:GPS), with an average price target of $11.62, representing a 3.17% decrease from the previous average of $12.00. The company has received 1 bullish, 5 indifferent, 1 somewhat bearish, and 1 bearish rating.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 12:08 pm

PSX

In the last quarter, Phillips 66 (NYSE:PSX) received 5 somewhat bullish and 2 indifferent analyst ratings. The company has an average 12-month price target of $120.14, representing a 4.52% decrease from the previous average of $125.83.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 12:06 pm

BX

In the last quarter, Blackstone (NYSE:BX) received 4 bullish, 4 somewhat bullish, 3 indifferent, and 1 somewhat bearish analyst ratings. The average 12-month price target for Blackstone is $99.21, a 1.09% decrease from the previous average of $100.30.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 12:05 pm

IOT

Over the past 3 months, 11 analysts have published their opinion on Samsara (NYSE:IOT) stock, with an average price target of $21.18, implying an upside from the current price of $20.65. The current average has increased by 22.22% from the previous average price target of $17.33.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 12:03 pm

RBC

RCB Bearings expects Q1 net sales to be between $380M and $390M, compared to the estimated $380.28M.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 12:02 pm