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SMMT

Summit Therapeutics shares are trading higher after the company's Phase III HARMONi-2 trial met its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:08 pm

DKS

Dick's Sporting Goods (NYSE:DKS) reported strong first-quarter FY24 earnings, leading analysts to raise their price targets. Despite a challenging industry environment, DKS showed continued sales momentum, strong gross margins, and raised its FY24 guidance. Analysts from Wedbush, Stifel, and Goldman Sachs provided positive outlooks, though some caution was noted for the second half of the year.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 7:08 pm

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VEXTF

Senior analyst Pablo Zuanic projects significant growth in Ohio's cannabis market as it transitions to adult-use recreational sales by July 2024. The market could grow fourfold within a year, reaching $2.3 billion. Publicly traded multi-state operators (MSOs) like Vext, Acreage, Cannabist, and Ascend are identified as having high potential for market cap gains.

Portfolio Pulse from Nicolás Jose Rodriguez

May 30, 2024 | 7:07 pm

CRM

WDAY

Salesforce Inc (NYSE:CRM) shares fell after Q1 revenue missed expectations, leading multiple analysts to cut their price targets. Despite the setback, many analysts maintain a long-term optimistic outlook, citing potential growth in AI and other key areas.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 7:06 pm

BNTX

BioNTech shares are experiencing increased trading volume as traders circulate data from Summit Therapeutics' Phase III HARMONi-2 trial. This data is perceived as favorable for BioNTech's oncology pipeline.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:04 pm

S

SentinelOne shares are trading lower amid broader tech weakness. The company will report Q1 earnings after the close.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:02 pm

DSGX

Descartes Systems shares are trading lower following Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:02 pm

AAP

Advance Auto Parts shares are trading higher after a decline on Wednesday following their Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:02 pm

SMMT

Summit Therapeutics shares resumed trading and were immediately halted on a circuit breaker to the upside, with the stock now up 137.1%.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:01 pm

MITT

Analysts have provided mixed ratings for AG Mortgage IT (NYSE:MITT) over the past three months, with a recent positive shift in price targets. The average 12-month price target has increased to $7.4. Key analysts have raised or maintained their ratings, reflecting a positive outlook. AG Mortgage IT has shown strong financial performance with impressive revenue growth, net margin, ROE, and ROA, but faces challenges with high debt levels.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 7:01 pm