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Stock Prices

FLYW

Morgan Stanley analyst James Faucette has upgraded Flywire (NASDAQ:FLYW) from Equal-Weight to Overweight and set a price target of $27.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:26 am

EOLS

Barclays analyst Balaji Prasad upgraded Evolus (NASDAQ:EOLS) from Equal-Weight to Overweight and increased the price target from $10 to $16, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:23 am

ALVO

Barclays analyst Balaji Prasad has upgraded Alvotech (NASDAQ:ALVO) from Equal-Weight to Overweight and increased the price target from $10 to $17, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:21 am

HSY

Bernstein analyst Alexia Howard upgraded Hershey (NYSE:HSY) from Market Perform to Outperform and set a price target of $235.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:19 am

HMN

Keefe, Bruyette & Woods analyst Meyer Shields has upgraded Horace Mann Educators (NYSE:HMN) from Market Perform to Outperform with a new price target of $40.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:17 am

WBD

Wells Fargo analyst Steven Cahall has downgraded Warner Bros. Discovery (NASDAQ:WBD) from Overweight to Equal-Weight and reduced the price target from $16 to $12.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:11 am

BATRK

BTSG

GCT

MOR

NUKK

PHG

RVNC

RYAAY

Philips (NYSE:PHG) shares fell 5.6% in pre-market trading after Q4 results and a consent decree with the FDA. Other stocks also moved lower: Nukkleus (NASDAQ:NUKK), Atlanta Braves Holdings (NASDAQ:BATRK), BrightSpring Health Services (NASDAQ:BTSG), GigaCloud Technology (NASDAQ:GCT), Revance Therapeutics (NASDAQ:RVNC), MorphoSys AG (NASDAQ:MOR), and Ryanair Holdings (NASDAQ:RYAAY) due to various company-specific news and recent performance.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 10:07 am

CCGDF

China plans to merge three state-owned bad debt asset managers with its sovereign wealth fund, China Investment Corp, to stabilize the capital markets and restore investor confidence. This follows a stock market drop due to financial risks in the real estate sector and a recent suspension of restricted share lending. The merger is part of Beijing's reform agenda and comes after the central bank's move to ease the cash crunch for developers. Despite efforts to reassure investors, concerns about China's economic health and potential banking system collapse remain.

Portfolio Pulse from Benzinga Neuro

January 29, 2024 | 9:22 am

FFIV

NRIM

NUE

SMCI

WHR

Investors are watching Super Micro Computer, Northrim BanCorp, Nucor Corporation, F5, Inc., and Whirlpool Corporation as they head into Monday with mixed U.S. stock futures. Super Micro Computer is expected to report earnings of $4.93 per share on $3.06 billion revenue, Northrim BanCorp authorized additional stock repurchase, Nucor is anticipated to earn $2.87 per share on $7.65 billion revenue, F5 is projected to report earnings of $3.04 per share on $685.34 million revenue, and Whirlpool is expected to post earnings of $3.56 per share on $4.98 billion revenue.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 9:12 am

AVAXUSD

DOGEUSD

Dogecoin (DOGE) is currently ranked 10th in market cap at $11.32 billion, behind Avalanche (AVAX) at $12.94 billion. DOGE saw a 12% increase last week but faces short-term bearish sentiment with its price below the 50-day SMA. Long-term indicators are more positive. Avalanche shows bullish signs across all SMAs and has a rising OBV, indicating strong buying activity. DOGE needs a 16.15% price increase to surpass AVAX's market cap. At the time of writing, DOGE is at $0.078 and AVAX at $35.

Portfolio Pulse from Mehab Qureshi

January 29, 2024 | 8:21 am