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CRS

Carpenter Technology Corporation's stock (CRS) is trading lower after the company reported mixed results for its second-quarter earnings. The earnings report showed a discrepancy between the expected and actual figures, leading to a negative reaction in the stock market.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:14 pm

NAOV

Trading in NanoVibronix shares has resumed after a halt.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:14 pm

NAOV

Shares of NanoVibronix (NAOV) were halted due to a circuit breaker after experiencing a significant price increase of 19.8%.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:09 pm

TSLA

Truist Securities analyst William Stein has maintained a Hold rating on Tesla (NASDAQ:TSLA) and reduced the price target from $227 to $193 as reported on January 24, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:09 pm

NOC

Northrop Grumman Corp (NYSE:NOC) reported a 6% increase in Q4 sales but experienced a net loss due to a B-21 charge and MTM expense, leading to a stock price drop of 7.75%. Despite the loss, adjusted EPS beat consensus, and the company forecasts strong sales and earnings growth with a positive cash flow outlook for 2024 and 2025.

Portfolio Pulse from Akanksha Bakshi

January 25, 2024 | 4:08 pm

WRB

Truist Securities analyst Mark Hughes has reaffirmed a Buy rating on WR Berkley (NYSE:WRB) and increased the price target from $83 to $95, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:07 pm

WRB

Truist Securities analyst Mark Hughes has reaffirmed a Buy rating on WR Berkley (NYSE:WRB) and increased the price target from $83 to $95, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:05 pm

CHPT

ChargePoint Holdings (NYSE:CHPT) has received mixed analyst ratings over the past three months, with 9 analysts offering evaluations. The average 12-month price target is now $3.24, down from $7.46, indicating a 56.57% decline. Analysts from firms including Goldman Sachs, Citigroup, B. Riley Securities, Needham, HSBC, UBS, RBC Capital, and JP Morgan have adjusted their ratings and price targets, mostly lowering them in response to market conditions and company performance. ChargePoint, which operates in the EV charging infrastructure market, shows a negative revenue trend with a -12.01% decline in growth, a high net margin of -143.47%, and below-average ROE and ROA, indicating financial challenges.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 4:02 pm

ADT

ADT Inc. has announced its decision to exit the residential solar business, alongside plans to increase its dividend and initiate a $350 million share repurchase program. These strategic moves have led to an increase in ADT's stock price.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:02 pm

EFSH

1847 Holdings (EFSH) is offering up to 2,673,797 common shares at $1.87 each, the closing price on January 19, 2024. They also offer pre-funded warrants as an alternative to shares for purchasers who would exceed ownership limits. The warrants are exercisable for one common share at a nominal price and are immediately exercisable. EFSH does not plan to list the warrants and expects no market development for them. The offering is expected to close within two business days without a minimum share or proceeds requirement. Spartan Capital Securities, LLC is engaged as the placement agent on a best-efforts basis without a minimum sale requirement.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:02 pm