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SDIG

HC Wainwright & Co. analyst Kevin Dede has reaffirmed a Buy rating on Stronghold Digital Mining (NASDAQ:SDIG) and increased the price target from $2 to $7, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:09 am

SOL

A Solana influencer, Bangerz, microwaved a Solana Saga smartphone and turned the event into an NFT collection, which was minted for free on 3.land and traded on secondary markets. The Saga phones, which include a free airdrop of BONK tokens, have sold out despite initial sales challenges. Solana Labs is launching a new, more affordable model, 'Chapter 2', with 30,000 pre-orders already. SOL's price is currently down 6.92%.

Portfolio Pulse from Mehab Qureshi

January 19, 2024 | 11:08 am

SOL

A Solana influencer, Bangerz, microwaved a Solana Saga smartphone and turned the event into an NFT collection, which was minted for free on 3.land and traded on secondary markets. Despite initial interest, prices of the NFTs have dropped. Solana Labs is launching a new, more affordable phone model, 'Chapter 2', with 30,000 pre-orders already made. SOL's price has fallen by 6.92% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

January 19, 2024 | 11:08 am

ARKK

ARKW

ROKU

Roku, Inc. (NASDAQ:ROKU) shares increased over 2% in premarket trading after Seaport Research analyst David Joyce upgraded the stock from Sell to Neutral, citing potential upside to estimates. Joyce is not fully convinced by the valuation but acknowledges a more reasonable trading range. Roku's Q3 earnings beat and positive guidance have previously driven a 30% surge in shares. Roku is a key holding in Cathie Wood's Ark Innovation ETF (NYSE:ARKK) and Ark Next Generation Internet ETF (NYSE:ARKW), with significant investments as per Ark's latest 13F filing.

Portfolio Pulse from Shanthi Rexaline

January 19, 2024 | 11:07 am

JBLU

SAVE

Spirit Airlines is reportedly urging JetBlue Airways to appeal a judge's decision that blocked their proposed merger, according to sources cited by Reuters.

Portfolio Pulse from Charles Gross

January 19, 2024 | 11:06 am

RF

Regions Financial Corporation (NYSE:RF) reported Q4 earnings of $0.52 per share, surpassing the consensus estimate of $0.46 by 13.04%. However, this represents a 22.39% decrease from the previous year's earnings of $0.67 per share. Quarterly sales were $1.81 billion, slightly above the estimate of $1.80 billion, but marked a 7.12% decline from the prior year's $1.95 billion.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:04 am

OLED

Citigroup analyst Atif Malik has downgraded Universal Display (NASDAQ:OLED) from Buy to Neutral while increasing the price target from $161 to $180. This reflects a more cautious stance on the stock despite the raised price target.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:01 am

CG

Citigroup analyst Christopher Allen has downgraded Carlyle Group (CG) from Buy to Neutral while increasing the price target from $40 to $41. This reflects a more cautious outlook on the company's stock while acknowledging some potential for growth.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:00 am

BX

Citigroup analyst Chris Allen has downgraded Blackstone (NYSE:BX) from Buy to Neutral while increasing the price target from $116 to $124. This reflects a more cautious stance on the stock despite a slight increase in the expected share price.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:55 am

DFS

HSBC analyst Saul Martinez has downgraded Discover Financial Services (NYSE:DFS) from Buy to Hold and reduced the price target from $121 to $107.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 10:53 am