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EXPI

DA Davidson analyst Tom White downgraded eXp World Holdings (EXPI) from Buy to Neutral and reduced the price target from $20 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 11:08 am

KRTX

Mizuho analyst Vamil Divan has downgraded Karuna Therapeutics (NASDAQ:KRTX) from Buy to Neutral, while also raising the price target for the company's stock from $245 to $330.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 10:59 am

COIN

Oppenheimer analyst Owen Lau has upgraded Coinbase Global, Inc. (NASDAQ:COIN) from Perform to Outperform while maintaining the price target at $160. This upgrade reflects a positive view on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 10:57 am

SOGP

Sound Group, formerly known as Lizhi Inc., has announced that it will trade under a new name on the Nasdaq following a special resolution passed at an extraordinary general meeting on January 25, 2024, in Singapore.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 10:51 am

SBSI

Southside Bancshares (NASDAQ:SBSI) reported Q4 earnings of $0.57 per share, missing the consensus estimate of $0.66 by 13.64%, and a 34.48% decrease from last year's $0.87 per share. Sales were $56.99M, missing the $64.82M estimate by 12.09%, and down 15.71% from $67.61M in the same period last year.

Portfolio Pulse from totan@benzinga.com

January 26, 2024 | 10:51 am

ERIC

Ericsson (NASDAQ:ERIC) has secured a total of EUR 420 million in funding from the European Investment Bank (EIB) to finance R&D investments in wireless technology through 2025. The company received EUR 250 million in December 2023 and also signed a 7-year EUR 100 million green funding deal with the Nordic Investment Bank (NIB). Despite the funding, Ericsson reported a 16% year-on-year sales decline in Q4 FY23 and a lower EPS compared to last year. The company's net cash at the end of 2023 was SEK 7.8 billion, and its shares closed higher by 1.77% at $5.76 on Thursday.

Portfolio Pulse from Lekha Gupta

January 26, 2024 | 10:51 am

EGLE

Stifel analyst Benjamin Nolan has downgraded Eagle Bulk Shipping (NYSE:EGLE) from Buy to Hold while increasing the price target from $54 to $55. This reflects a more cautious stance on the stock while acknowledging some potential for upside.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 10:45 am

FBMS

Keefe, Bruyette & Woods analyst Catherine Mealor downgraded First Bancshares (NASDAQ:FBMS) from Outperform to Market Perform and set a price target of $28.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 10:44 am

AMTB

Piper Sandler analyst Stephen Scouten has downgraded Amerant Bancorp (NYSE:AMTB) from Overweight to Neutral and set a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 10:40 am

SNAP

Deutsche Bank analyst Benjamin Black has upgraded Snap Inc. (NYSE:SNAP) from Hold to Buy and increased the price target from $10 to $19, indicating a more positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 10:38 am