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STLA

Stellantis NV (NYSE:STLA) has begun in-house production of hydrogen fuel cell commercial vans in Europe, with facilities in Hordain, France, and Gliwice, Poland. The company aims to expand its zero-emission vehicle range and strengthen its position in the commercial vehicle segment. The vans offer a range of up to 400-500 kilometers and refueling times of 4-5 minutes. Stellantis will produce eight hydrogen fuel cell versions of mid-size and large vans, including models from Fiat Professional, Citroën, Peugeot, and Opel/Vauxhall. Additionally, Stellantis has invested in Tiamat, a French company specializing in sodium-ion battery technology. STLA shares were down 1.16% at $20.97 in the last check.

Portfolio Pulse from Lekha Gupta

January 29, 2024 | 6:24 pm

LLY

NVO

Eli Lilly (LLY) is in talks with the German government to allow public health coverage for weight-loss treatments, following EU approval for its drug Mounjaro. The company plans to invest €2 billion in a German production plant. A study showed Mounjaro is more effective than Novo Nordisk's (NVO) Ozempic for weight loss. LLY shares rose 0.59%.

Portfolio Pulse from Vandana Singh

January 29, 2024 | 6:14 pm

SOL-USD

The Solana-based memecoin Wen (CRYPTO: WEN) reached a market cap of over $150 million within three days of trading, following an airdrop to over a million users. Wen surpassed the market cap of another Solana memecoin, Myro (CRYPTO: MYRO). A trader made $1.6 million by buying Wen early and selling a portion of it. Jupiter (CRYPTO: JUP), Solana's largest DEX aggregator, is also planning an airdrop for eligible users.

Portfolio Pulse from Khyathi Dalal

January 29, 2024 | 6:13 pm

JAZZ

Barclays analyst Balaji Prasad has maintained an Overweight rating on Jazz Pharmaceuticals (NASDAQ:JAZZ) but reduced the price target from $240 to $235.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 6:10 pm

ONMD

Shares of OneMedNet Corporation (ONMD) were halted due to a circuit breaker, which typically occurs when a stock experiences significant price movement in a short period of time.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 6:09 pm

ACHR

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Archer Aviation (NYSE:ACHR) and maintained a $10 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 6:09 pm

COIN

Coinbase Global, Inc. (NASDAQ:COIN) stock is trading higher, influenced by the recent increase in Bitcoin's price and a positive analyst upgrade. Bitcoin's price has risen over 8% in the past five days, positively impacting crypto-related stocks like Coinbase. Oppenheimer analyst Owen Lau upgraded Coinbase from Perform to Outperform with a price target of $160, citing potential favorable outcomes in ongoing litigation with the SEC and benefits from the approval of spot Bitcoin ETFs.

Portfolio Pulse from Erica Kollmann

January 29, 2024 | 6:07 pm

MGM

JMP Securities analyst Jordan Bender has reiterated a 'Market Outperform' rating on MGM Resorts International (NYSE:MGM), maintaining a price target of $57.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 6:05 pm

DOW

Barclays analyst Michael Leithead has maintained an Equal-Weight rating on Dow (NYSE:DOW) and increased the price target from $55 to $58, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 6:04 pm

CRWD

JMP Securities analyst Trevor Walsh has reaffirmed a Market Outperform rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $235 to $330.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 6:03 pm