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OBLG

Oblong, Inc. (NASDAQ:OBLG) announced a 1-for-40 reverse stock split, effective August 23, 2024. The split-adjusted shares will begin trading on August 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:02 pm

WSM

Williams-Sonoma reported its Q2 2024 financial results, with adjusted EPS of $1.74 beating the estimate of $1.59, but sales of $1.788 billion missing the estimate of $1.811 billion.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:01 pm

DY

Dycom Industries (NYSE:DY) has received updated analyst ratings, with 4 analysts providing bullish to somewhat bullish ratings. The average 12-month price target has increased by 12.78% to $200.75. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial performance, including strong revenue growth and profitability metrics.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:01 pm

PRCT

Analysts have provided mixed ratings for PROCEPT BioRobotics (NASDAQ:PRCT) over the past three months, with a majority being bullish. The average 12-month price target has increased by 6.04% to $79.0. The company has shown impressive revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:01 pm

ATEC

Alphatec Holdings (NASDAQ:ATEC) has been analyzed by 9 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has decreased from $21.78 to $18.11. Analysts have adjusted their ratings and price targets, reflecting market conditions and company performance. Despite a positive revenue growth rate of 24.51%, Alphatec faces challenges with profitability, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:00 pm

CIEN

Ciena (NYSE:CIEN) has been analyzed by 10 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $58.65, a decrease from the previous $61.75. Analysts have adjusted their ratings and price targets, reflecting mixed sentiments. Ciena's financials show a decline in revenue and challenges in ROE, but strong net margin and ROA.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:00 pm

ADI

Three analysts have recently provided ratings on Analog Devices (NASDAQ:ADI), with one bullish and two indifferent. The average 12-month price target is $250.67, up 8.99% from the previous $230.00. Despite positive analyst sentiment, ADI faces challenges with a 33.83% revenue decline and below-benchmark profitability metrics.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 12:00 pm

MOBX

Mobix Labs shares rose following the announcement of improved Q3 financial results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:00 pm

BA

A federal judge overseeing a case against Boeing accidentally traded the company's stock, raising ethical concerns. The judge dismissed a $72M verdict against Boeing, citing insufficient evidence. Boeing faces additional challenges, including structural issues and leadership changes.

Portfolio Pulse from Navdeep Yadav

August 22, 2024 | 11:59 am

CSIQ

Canadian Solar's shares fell after the company reported mixed Q2 results and issued Q3 revenue guidance below estimates. Additionally, the company lowered its FY24 revenue guidance, with the midpoint below expectations.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:56 am