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GPS

Gap Inc. (NYSE:GPS) reported Q4 earnings that surpassed expectations with a revenue increase of 1% year-over-year to $4.30 billion and earnings of 49 cents per share, beating estimates. The company expects flat net sales for Q1 and full-year 2024 but anticipates margin expansion. Following the report, several analysts raised their price targets on Gap shares, which gained 1.4% to close at $19.33.

Portfolio Pulse from Avi Kapoor

March 08, 2024 | 12:57 pm

BIIB

Biogen shares increased in value following the FDA's postponement of its decision on Eli Lilly's Alzheimer's drug, Donanemab.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:57 pm

NYAX

Nayax announced the pricing of a public offering of 3,130,435 shares at $26 per share, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:54 pm

GE

JP Morgan analyst Seth Seifman upgrades General Electric (GE) from Neutral to Overweight and increases the price target from $166 to $180.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:54 pm

GPS

Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Gap (NYSE:GPS) and increased the price target from $24 to $25.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:50 pm

KNTK

JP Morgan analyst Jeremy Tonet upgraded Kinetik Holdings (NYSE:KNTK) from Neutral to Overweight and increased the price target from $38 to $40.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:49 pm

AVGO

Wells Fargo analyst Aaron Rakers maintains an Overweight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1200 to $1430.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:48 pm

GPS

KGI Securities analyst Jenny Liu upgraded Gap (NYSE:GPS) from Neutral to Outperform with a new price target of $25.2.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:45 pm

XPEV

XPeng AeroHT, a subsidiary of XPeng Inc. (NYSE:XPEV), has successfully conducted a low-altitude flight test of its AeroHT Voyager X2 flying car in Guangzhou's central business district. This marks a significant milestone in urban air mobility. The test demonstrates the company's progress towards its vision for the future of transportation, showcasing safety features like a multi-parachute rescue system. XPeng's stock was trading 0.85% lower at $9.360 during Friday's premarket trading.

Portfolio Pulse from Benzinga Neuro

March 08, 2024 | 12:41 pm

BA

EADSY

UAL

United Airlines Holdings Inc. (NASDAQ:UAL) is adjusting its pilot recruitment plans due to delays and challenges with Boeing Company's (NYSE:BA) Max 10 aircraft. United is delaying new pilot recruitment and halting training classes to navigate through Boeing's ongoing certification and manufacturing delays. The airline is also considering converting Max 10 orders to Max 8 or 9 variants and potentially acquiring Airbus SE (OTC:EADSY) A321neo aircraft in response to the setbacks.

Portfolio Pulse from Shivani Kumaresan

March 08, 2024 | 12:40 pm