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RUN

Truist Securities analyst Jordan Levy has maintained a Hold rating on Sunrun (NASDAQ:RUN) and increased the price target from $10 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:10 pm

OTLK

Outlook Therapeutics' stock is up following the FDA's agreement under a Special Protocol Assessment (SPA) for the NORSE EIGHT clinical trial. Additionally, the company has announced a private placement worth up to $172 million to fund the advancement of ONS-5010.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:09 pm

SLDP

Solid Power, Inc. has announced a $50 million share repurchase authorization, leading to an increase in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:07 pm

TSLA

Tesla Inc (NASDAQ:TSLA) is set to report Q4 earnings with a focus on margin and demand guidance. Wedbush analysts support Tesla's price cuts to sustain demand but question future cost-cutting and pricing strategies. They maintain an outperform rating and a $350 price target. Tesla's stock doubled in 2023 but fell 15% since the year's start. It's the third-most shorted stock on the S&P 500. The upcoming earnings call is expected to clarify margin targets and address uncertainties affecting the stock.

Portfolio Pulse from Neil Dennis

January 23, 2024 | 5:07 pm

INBX

SNY

Inhibrx, Inc. (INBX) shares have risen following the announcement of the sale of their asset INBRX-101 to Sanofi for a potential total of $2.2 billion.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:06 pm

NXT

Truist Securities analyst Jordan Levy has reaffirmed a Buy rating on NEXTracker (NASDAQ:NXT) and increased the price target from $52 to $60.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:03 pm

SRTS

Sensus Healthcare's stock is trading higher following the announcement of their preliminary Q4 and FY23 revenue, indicating a positive financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:03 pm

JBLU

SAVE

Spirit Airlines, Inc. (NYSE:SAVE) and JetBlue Airways Corporation (NASDAQ:JBLU) have filed a notice of appeal to challenge a court ruling that blocked their merger. Spirit also released preliminary Q4 estimates, expecting total revenue of about $1.32 billion, at the high end of its guidance, and reported a high completion factor of 99.7% during the holiday season. The company also noted better-than-expected operating expenses due to lower fuel costs and greater fuel efficiency. Spirit's stock is trading higher with a significant increase in trading volume.

Portfolio Pulse from Erica Kollmann

January 23, 2024 | 5:02 pm

GPRE

Truist Securities analyst Jordan Levy has maintained a Buy rating on Green Plains (NASDAQ:GPRE) but has reduced the price target from $40 to $35.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:02 pm

WASH

Washington Trust Bancorp (NASDAQ:WASH) is expected to release its quarterly earnings report on January 24, 2024, with an estimated EPS of $0.57. Investors are looking for an earnings beat and positive guidance for future growth. Historically, WASH has experienced share price drops following earnings reports, even when beating EPS estimates. Over the past year, WASH shares have declined by 35.19%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:02 pm