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ASLN

ASLAN Pharmaceuticals has received a deficiency notice from Nasdaq due to its stock price not meeting the minimum bid price requirement. The company's shares have closed below the $1 minimum bid price for the last 30 consecutive business days. ASLAN must regain compliance by either maintaining a closing bid price of at least $1 for a minimum of 10 consecutive business days or by implementing a reverse stock split. The company has a compliance period of 180 calendar days to meet the requirement, which can be extended if they meet all other listing standards and provide a written notice of their intention to cure the deficiency.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:46 am

TLYS

Tilly's reported a 9.0% decrease in total comparable net sales during the 2023 holiday period, with total net sales falling to $139.7 million from $150.9 million in the previous year's comparable period.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:43 am

DASH

Jefferies analyst John Colantuoni has upgraded DoorDash (NASDAQ:DASH) from Hold to Buy and increased the price target from $90 to $130, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:42 am

BRO

RBC Capital analyst Scott Heleniak has upgraded Brown & Brown (NYSE:BRO) from Sector Perform to Outperform and set a price target of $81.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:40 am

MET

Goldman Sachs analyst Alex Scott has upgraded MetLife (NYSE:MET) from Neutral to Buy and set a price target of $80.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:38 am

HUT

Hut 8 Mining Corp. has received court approval for its stalking horse bid to acquire four natural gas power plants, including the North Bay Bitcoin mine. This strategic move is expected to enhance Hut 8's operational capabilities and secure energy resources for its cryptocurrency mining operations.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:36 am

AAL

Morgan Stanley analyst Ravi Shanker has upgraded American Airlines Group (AAL) from Equal-Weight to Overweight and set a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:33 am

BEN

Wells Fargo analyst Finian O'Shea has upgraded Franklin Resources (NYSE:BEN) from Underweight to Equal-Weight and increased the price target from $24 to $30.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:31 am

CAMP

CalAmp, a global technology solutions pioneer transforming the mobile connected economy, has appointed Chris Adams as its new President and Chief Executive Officer. Adams brings extensive experience in the technology sector, which could signal a strategic shift or new initiatives for CalAmp. This leadership change may influence investor confidence and could potentially impact the company's future direction and stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 11:31 am

GELYY

Geely Automobile Holding's electric car subsidiary, Zeekr, aims to double its car deliveries to 230,000 vehicles in 2024. Zeekr experienced a 65% increase in sales in 2023, delivering 118,685 cars but fell short of its 140,000 target. The company is expanding in Europe, the Middle East, and Asia, and postponed its U.S. IPO due to valuation issues and market instability. Geely's stock (GELYY) closed slightly higher at $21.38.

Portfolio Pulse from Shivani Kumaresan

January 08, 2024 | 11:29 am