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CARM

CARISMA Therapeutics (NASDAQ:CARM) has received positive analyst ratings in the last quarter, with 3 bullish and 2 somewhat bullish ratings. The average price target is $10.6, indicating an upside from the current price of $5.93. This average has increased by 6.0% from the previous target of $10.00.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 12:00 pm

FUBO

FuboTV (NYSE:FUBO) has received mostly bullish ratings from analysts in the last quarter, with 3 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target for FuboTV has increased by 22.33% from the previous average, now standing at $3.67.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 12:00 pm

AIRS

AirSculpt Technologies, Inc. (NASDAQ:AIRS) reported a 12.2% YoY increase in Q2 revenues to $55.703 million, in line with consensus. However, Q2 adjusted EPS of $0.13 missed the street view of $0.15. The company saw a 13.4% YoY jump in case volume and a significant increase in net income and operating income. The company expects to perform at the higher end of its revenue and Adjusted EBITDA ranges for FY23 and plans to open five new centers.

Portfolio Pulse from Nabaparna Bhattacharya

August 11, 2023 | 11:53 am

MCHI

Nobel Prize-winning economist Paul Krugman has expressed concerns over China's economic situation, stating that the country's economic woes make it more dangerous to global security. He noted that China's GDP growth has now tapered to 4% and the country is trying to invest more than 40% of the GDP, which is not sustainable. He also mentioned that China's government has been resistant to reforms that might make its growth sustainable. The iShares MSCI China ETF (NASDAQ:MCHI), an index tracking Chinese stocks, fell 1.31% in premarket trading.

Portfolio Pulse from Shanthi Rexaline

August 11, 2023 | 11:51 am

TSAT

Telesat Corp reported its Q2 results and announced a $2.1 billion deal with MDA as the prime satellite manufacturer for the advanced Telesat Lightspeed Low Earth Orbit constellation. This news led to an increase in Telesat's share price.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 11:45 am

SHCO

Soho House has updated its FY23 revenue guidance to $1.12B-$1.19B, compared to its previous guidance of $1.1B-$1.2B and consensus of $1.17B. The company also expects its adjusted EBITDA to be $126M-$134M, up from the prior guidance of $122M-$132M.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 11:42 am

BTCUSD

The article discusses the value appreciation of Bitcoin since its mention in the TV show 'The Good Wife' in 2012. At that time, Bitcoin was worth $3 and had previously peaked at $33. If an investment of $100 had been made when the show mentioned Bitcoin was trading at $33, it would now be worth $89,182, a profit margin of 89,081.82%. Currently, Bitcoin is trading at $29,430.

Portfolio Pulse from Mehab Qureshi

August 11, 2023 | 11:41 am

CPRI

Raymond James analyst Rick Patel has downgraded Capri Holdings (NYSE:CPRI) from Strong Buy to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 11:41 am

WWW

Wolverine World Wide, Inc. (NYSE:WWW) reported Q2 earnings in line with expectations but lowered its FY23 guidance. The company's Q2 revenues were $589.10 million, beating the analyst consensus of $579.97 million, but declined 17.4% YoY. The company slashed its FY23 revenue outlook from $2.53 billion-$2.58 billion to $2.26 billion-$2.28 billion. The FY23 adjusted EPS outlook was also lowered from $1.40-$1.60 to $0.45-$0.55. Following the earnings announcement, several analysts cut their price targets on the company's stock.

Portfolio Pulse from Lisa Levin

August 11, 2023 | 11:39 am

CYBR

CyberArk Software Ltd reported better-than-expected Q2 FY23 results and issued FY23 earnings guidance above estimates. The company's shares jumped 13% following the announcement. Several analysts, including those from Needham, Keybanc, Rosenblatt, Wolfe Research, and Barclays, raised their price targets on CyberArk.

Portfolio Pulse from Lisa Levin

August 11, 2023 | 11:29 am