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MNRO

Monro, Inc. (MNRO) shares have risen following the announcement of their third-quarter financial results. The positive market reaction suggests that the results were better than expected, leading to increased investor confidence in the company's performance.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:47 pm

JL

J-Long Group has opened for trading after pricing its IPO at $5 per share, with an offering of 1.4 million shares.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:47 pm

WBS

Webster Financial's stock (WBS) is trading higher after the company reported earnings on Tuesday. The positive movement continued following an upgrade to Overweight by JP Morgan on Wednesday.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:46 pm

LMT

Lockheed Martin Corp (LMT) reported Q4 earnings with an 8.82% earnings surprise and a 5.03% revenue surprise, reaching a record backlog of $160.6 billion and sales of $67.6 billion. However, potential delays in F-35 jet deliveries due to software issues caused LMT stock to drop by 3.9%. Despite this, a Golden Cross technical signal suggests bullish sentiment, and analysts from Morgan Stanley, JPMorgan, and Citigroup have set target prices of $510, $481, and $540, respectively.

Portfolio Pulse from Surbhi Jain

January 24, 2024 | 3:46 pm

WBA

Walgreens Boots Alliance Inc (NASDAQ:WBA) is exploring options for its specialty pharmacy business, Shields Health Solutions, which could lead to a sale exceeding $4 billion. This move is part of Walgreens' turnaround strategy to improve its financial situation. The company has engaged advisers to gauge interest from private equity and healthcare firms, although a final decision has not been made. Walgreens has faced a 38% decline in share value over the past year and has implemented cost-cutting measures, including halving its dividend and considering the sale of its international Boots chain.

Portfolio Pulse from Vandana Singh

January 24, 2024 | 3:44 pm

CFB

CrossFirst Bankshares' stock (CFB) is trading higher following an upgrade from Stephens & Co, which changed its rating from Equal-Weight to Overweight and increased the price target from $16 to $18.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:43 pm

C

PYPL

Citi has initiated a 30-day downside catalyst watch on PayPal, indicating potential negative performance for the company's stock in the near term.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:42 pm

HST

Stifel analyst Simon Yarmak has maintained a Buy rating on Host Hotels & Resorts (NASDAQ:HST) and increased the price target from $20 to $21, as reported on January 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:42 pm

VTLE

Piper Sandler analyst Mark Lear has maintained a Neutral rating on Vital Energy (NYSE:VTLE) but has reduced the price target from $55 to $50.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:41 pm

VNOM

Piper Sandler analyst Mark Lear has maintained an Overweight rating on Viper Energy (NASDAQ:VNOM) but reduced the price target from $37 to $36.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 3:40 pm