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GWRE

Analysts have provided mixed ratings for Guidewire Software (NYSE:GWRE) over the past three months, with a recent increase in the average 12-month price target to $134.0. Despite some financial challenges, several analysts have raised their price targets, indicating a cautiously optimistic outlook.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 1:01 pm

MRNA

Moderna shares are trading higher after the FDA selected mRNA-3705 for the START pilot program, which supports clinical trials advancing rare disease therapeutics.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 1:00 pm

NWBI

PBF

WGS

Insiders have made significant purchases in PBF Energy, GeneDx Holdings, and Northwest Bancshares, indicating confidence in these companies' prospects. PBF Energy's 10% owner acquired $12.6 million worth of shares, GeneDx Holdings' director bought $2.76 million worth of shares, and Northwest Bancshares' director purchased $128,166 worth of shares.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 12:59 pm

OLLI

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) reported better-than-expected first-quarter earnings, with sales growth of 10.8% year-on-year to $508.82 million and adjusted EPS of 73 cents. The company raised its FY24 adjusted EPS and sales outlook. Analysts from B of A Securities and RBC Capital increased their price targets for OLLI.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 12:58 pm

CTHR

Charles & Colvard has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:58 pm

SJM

J.M. Smucker Company (NYSE:SJM) reported its fourth-quarter FY24 earnings, showing a 1.3% decline in sales to $2.21 billion, missing estimates. However, adjusted EPS of $2.66 beat expectations. Gross profit increased by 15%, and the company provided a positive outlook for FY25. SJM shares are up 2.87% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

June 06, 2024 | 12:56 pm

LLY

FDA staff reviewers have reported a higher number of deaths in participants treated with Donanemab compared to those given a placebo. The deaths were not fully explained by ARIA or cerebral hemorrhage.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:56 pm

SNGX

Trading for SNGX was halted and then resumed at 8:55:00 AM ET. The halt was due to pending news, and trading resumed after the news was released.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:55 pm

LYFT

Lyft shares are trading higher after the company provided 2027 financial targets ahead of its Investor Day.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:49 pm

BNRG

Brenmiller Energy shares are trading higher following the announcement of an exclusive distribution agreement with Rock Energy Storage to sell and distribute its bGen TES systems.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:47 pm