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CCCC

C4 Therapeutics will present preliminary monotherapy data from its ongoing Phase 1 trial of CFT1946 at the ESMO Congress 2024.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:02 pm

PET

Wag! Group Co. (NASDAQ:PET) has announced a proposed public offering of its common stock. The size and amount of the offering have not been disclosed. The proceeds will be used to repay debt and for general corporate purposes. Craig-Hallum Capital Group LLC is the sole managing underwriter.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:01 pm

SEM

In the last three months, 4 analysts have published ratings on Select Medical Holdings (NYSE:SEM), with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target has increased by 8.33% to $42.25. Analysts have raised their price targets, reflecting positive sentiment towards the company. Select Medical Holdings operates in critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and Concentra institutions, showing strong financial health with impressive net margins, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 8:01 pm

PTLO

Portillos (NASDAQ:PTLO) received mixed ratings from 7 analysts, with a recent trend of lowered price targets and ratings. The average 12-month price target is now $15.0, down from $17.0. Despite positive financial indicators, analysts have adjusted their expectations downward.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 8:01 pm

ABR

Analysts have mixed ratings for Arbor Realty Trust (NYSE:ABR) with recent adjustments in price targets and ratings. The average 12-month price target is $13.62, with a high of $16.00 and a low of $11.50. The company's financial performance shows a decline in revenue but strong profitability and effective cost control.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 8:00 pm

META

Meta Platforms Inc. (NASDAQ:META) shares are trading lower despite positive analyst coverage from Wolfe Research, which initiated an Outperform rating and a price target of $620. The analyst highlighted Meta's strong position in social media, AI investments, and potential for revenue growth. However, risks include a prolonged investment cycle and limited near-term growth drivers.

Portfolio Pulse from Vaishali Prayag

July 16, 2024 | 8:00 pm

XOM

ExxonMobil shut down units at its 251,800 barrels/day Joliet refinery due to a power outage on Monday, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 7:57 pm

ADBE

AMZN

WMT

Amazon is expected to surpass Walmart as the largest US retailer this year, driven by strong Prime Day sales and increased efficiencies. Analysts project significant growth in Amazon's sales and margins.

Portfolio Pulse from Anusuya Lahiri

July 16, 2024 | 7:53 pm

BFH

Bread Financial shares are trading higher after Compass Point initiated coverage with a Buy rating and announced a $54 price target.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 7:49 pm

JAKK

JAKKS Pacific shares are trading higher after Small Cap Consumer Research initiated coverage with a Buy rating and announced a $24 price target.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 7:47 pm