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HSY

Bernstein analyst Alexia Howard upgraded Hershey Co (NYSE:HSY) from Market Perform to Outperform and raised the price target from $220 to $235. The upgrade is based on improved market share and volume trends, robust top line growth, potential for good gross margins in 2024, and the stock trading below its typical valuation over the past five years. Hershey's pricing power and innovation, along with potential acquisitions, are expected to drive sales growth. Hershey shares rose by 1.94% to $193.90 in premarket trading on Monday.

Portfolio Pulse from Priya Nigam

January 29, 2024 | 5:03 pm

CDLX

Cardlytics, Inc. (NASDAQ:CDLX) shares rose after announcing a settlement with SRS, involving a $25 million cash payment and issuance of 3.6 million shares. The company also updated its Q4 2023 preliminary results, with billings between $131 million and $133 million, and revenue between $89 million and $90 million.

Portfolio Pulse from Erica Kollmann

January 29, 2024 | 5:02 pm

NBN

Northeast Bank (NASDAQ:NBN) is expected to report an EPS of $1.72 in its upcoming quarterly earnings on January 30, 2024. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has reacted positively to earnings beats, with a 7.1% increase after last quarter's results. Over the past 52 weeks, NBN shares have risen 19.37%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:02 pm

BETZ

DKNG

FLUT

Flutter Entertainment plc (NYSE:FLUT), parent of FanDuel, has listed on the NYSE, transitioning from its OTC listing under PDYPY. This move could impact DraftKings Inc (NASDAQ:DKNG) as investors may rotate from DraftKings to Flutter due to its new accessibility and status as a pure-play sports betting and gaming company. Flutter's Q4 revenue was up 15% YoY, with FanDuel holding a 43% gross revenue market share in the U.S. sportsbook market. Flutter's NYSE listing is seen as a strategic move to access deeper capital markets and align with its significant U.S. presence. Flutter is also the largest holding in the Roundhill Sports Betting & iGaming ETF (NYSE:BETZ) at 11.0%. Flutter shares are up 0.88% to $206.80.

Portfolio Pulse from Chris Katje

January 29, 2024 | 5:01 pm

HA

Hawaiian Holdings (NASDAQ:HA) is scheduled to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $-2.34. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, with share price reactions varying accordingly. Shares are currently trading at $14.68, up 19.12% over the last 52 weeks. Investors will be closely watching for the actual EPS and future guidance, which can significantly impact the stock price.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:01 pm

CATC

Cambridge (NASDAQ:CATC) is scheduled to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $0.93. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Cambridge's stock price has shown varied reactions to past earnings results. Shares are currently trading at $68.73, down 11.48% over the last year. The upcoming earnings report could influence the stock's performance.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:01 pm

MBUU

Malibu Boats (NASDAQ:MBUU) is expected to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $0.48. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Malibu Boats has had mixed earnings performance, with share price reactions varying post-earnings release. The stock is currently trading at $50.0, down 16.31% over the last 52 weeks. Shareholders are likely concerned as they await the upcoming earnings report.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:01 pm

MDC

M.D.C. Holdings (NYSE:MDC) is expected to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $1.49. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, MDC's stock price has shown mixed reactions to earnings reports, with minor fluctuations regardless of beats or misses. Over the past year, MDC shares have increased by 65.97%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:01 pm

PII

Polaris (NYSE:PII) is expected to release its quarterly earnings report on January 30, 2024, with an estimated EPS of $2.58. Investors are looking for an earnings beat and positive guidance for future growth. Polaris's stock performance has been negative over the past year, with a 20.16% decline. Historical data shows mixed reactions to past earnings reports, with both increases and decreases in stock price following announcements.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:01 pm

HOPE

Hope Bancorp (NASDAQ:HOPE) is expected to release its quarterly earnings report on January 30, 2024, with an estimated EPS of $0.21. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has reacted negatively to missed EPS estimates. Shares are currently trading at $11.83, down 7.95% over the last 52 weeks. The upcoming earnings report could influence the stock's performance.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:01 pm