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PGY

Pagaya Technologies shares fell after announcing a $125 million private offering of exchangeable senior notes due 2029.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:08 pm

CNXC

Concentrix shares are experiencing a decline after the company reported mixed financial results for the third quarter.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:04 pm

COCP

Cocrystal Pharma has initiated the multiple-ascending dose phase of its Phase 1 study for CDI-988, an oral pan-viral protease inhibitor targeting viral gastroenteritis and COVID-19. Results are expected by late 2024 or early 2025.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:03 pm

ABBV

AbbVie announced positive results from its Phase 3 TEMPO-1 trial for Tavapadon as a monotherapy in early Parkinson's disease, showing significant improvement in MDS-UPDRS scores. Results from the TEMPO-2 flexible-dose trial are expected by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:02 pm

LE

Lands' End (NASDAQ:LE) has received varied analyst ratings over the past three months, with a recent positive shift in average price targets. Despite challenges like declining revenue and low profitability metrics, analysts maintain a generally bullish outlook.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 12:01 pm

SVMH

SRIVARU Holding Limited (NASDAQ:SVMH) has received CMVR certification for its PRANA 2.0 electric motorcycles in India, marking a significant step in entering the expanding Indian EV market. This certification is crucial for revenue generation and aligns with SRIVARU's continued Nasdaq listing.

Portfolio Pulse from Vandana Singh

September 26, 2024 | 12:00 pm

SOLV

Solventum (NYSE:SOLV) has been analyzed by four analysts, showing mixed sentiments with two indifferent and two bearish ratings. The average 12-month price target is $55.25, down 8.3% from the previous target. Analysts have adjusted their ratings and price targets, reflecting dynamic market conditions. Solventum's financial performance shows strong net margins and ROE but is challenged by high debt levels.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 12:00 pm

ACN

Accenture reported strong Q4 earnings with revenue and profit exceeding expectations. The company announced $20 billion in new bookings, a 15% dividend increase, and a $4 billion share buyback. Accenture's outlook for fiscal 2025 is positive, with expected revenue and EPS growth.

Portfolio Pulse from Anusuya Lahiri

September 26, 2024 | 11:56 am

KMX

CarMax shares declined following the release of disappointing Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 11:55 am

NRG

NRG Energy shares are experiencing an uptick following the company's announcement of an increased FY24 adjusted EBITDA guidance.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 11:54 am