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Stock Prices

VCEL

HC Wainwright & Co. analyst Swayampakula Ramakanth has reaffirmed a Buy rating on Vericel (NASDAQ:VCEL) and increased the price target from $44.5 to $46.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:20 pm

GIII

Wells Fargo analyst Matthew Gulmi has downgraded G-III Apparel Group (NASDAQ:GIII) from Equal-Weight to Underweight and set a price target of $24.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:14 pm

VLVLY

Volvo (OTC:VLVLY) has agreed to sell its Arquus defense unit to John Cockerill Defense. The transaction is expected to be completed after staff consultations, concluding in Q1 2024. Volvo anticipates an operating loss of 900 million Swedish crowns ($87.44 million) due to the sale, impacting Q4 2023 earnings. Arquus, which contributes about 1% to Volvo's revenues, employs around 1,200 people in France. The loss will be reported under 'Group Functions & Other' and won't affect adjusted operating income. VLVLY's stock closed up 0.62% at $24.32.

Portfolio Pulse from Shivani Kumaresan

January 16, 2024 | 12:11 pm

RENT

Wells Fargo analyst Ike Boruchow has downgraded Rent the Runway (NASDAQ:RENT) from Overweight to Equal-Weight and set a new price target of $0.6. This reflects a more cautious stance on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:10 pm

ACRS

Aclaris Therapeutics has announced the immediate departure of CEO, President, and Board Member Douglas Manion. Neal Walker, the company's Chairman, has been appointed as the Interim CEO.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:10 pm

GNTY

Guaranty Bancshares (NYSE:GNTY) reported Q4 earnings with an EPS of $0.51, beating estimates by 8.51% but with a revenue decrease of $4.87 million from the previous year. Despite a miss in the last quarter's EPS, the share price increased by 1.88% the following day. The company's past earnings performance shows variability in meeting EPS estimates.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 12:10 pm

ADA-USD

BTC-USD

Vivek Ramaswamy, a pro-crypto entrepreneur, has ended his campaign for the Republican presidential nomination after a fourth-place finish in the Iowa caucuses. He plans to endorse Donald Trump and has been praised for his crypto-friendly policies, which include treating most cryptocurrencies as commodities and protecting digital wallets. Ryan Selkis and Charles Hoskinson have expressed support for Ramaswamy's stance on crypto regulation.

Portfolio Pulse from Mehab Qureshi

January 16, 2024 | 12:09 pm

OFIX

Orthofix Medical has officially announced that Julie Andrews has assumed the position of Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:07 pm

LEVI

Wells Fargo analyst Ike Boruchow has downgraded Levi Strauss (NYSE:LEVI) from Overweight to Equal-Weight and set a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 12:06 pm

AMZN

GDDY

LHX

PZZA

SGH

Wall Street analysts have varying success rates in predicting market movements, but Benzinga's Analyst Ratings API curates high-quality stock ratings. Toggle.ai found these ratings can be used as trading indicators. The article highlights five recent stock picks from the most accurate analysts, including upgrades and maintained ratings for GoDaddy (GDDY), Amazon (AMZN), Papa John's (PZZA), L3Harris Technologies (LHX), and SMART Global Holdings (SGH), with expected upsides ranging from 11% to over 13%.

Portfolio Pulse from Avi Kapoor

January 16, 2024 | 12:06 pm