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SNY

Sanofi SA (NASDAQ:SNY) is sponsoring the 2024 Olympic Games in Paris to transform its image and attract a younger workforce. The company is joining other French companies like LVMH and Carrefour in this endeavor. Sanofi's commitment includes backing athletes and involving over 8,000 employees in the Games. The financial investment is speculated to be a significant sum, though exact figures are not disclosed. The impact on investor sentiment is uncertain given Sanofi's recent financial challenges and business model changes. SNY shares closed at $51.76 on Tuesday.

Portfolio Pulse from Vandana Singh

January 10, 2024 | 11:36 am

FBRT

JMP Securities analyst Steven Delaney has upgraded Franklin BSP Realty Trust (FBRT) from Market Perform to Market Outperform and set a price target of $15.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:33 am

SGH

Needham analyst Quinn Bolton has reaffirmed a Buy rating on SMART Global Holdings (NASDAQ:SGH) and increased the price target from $22 to $24.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:31 am

BE

Baird analyst Ben Kallo has upgraded Bloom Energy (NYSE:BE) from Neutral to Outperform and increased the price target from $16 to $22, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:30 am

RJF

JP Morgan analyst Michael Cho upgraded Raymond James Financial (NYSE:RJF) from Neutral to Overweight and increased the price target from $110 to $135, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:28 am

CPK

RBC Capital analyst Shelby Tucker has upgraded Chesapeake Utilities (NYSE:CPK) from Sector Perform to Outperform and increased the price target from $111 to $123.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:27 am

DUK

RBC Capital analyst Shelby Tucker has upgraded Duke Energy (NYSE:DUK) from Sector Perform to Outperform and increased the price target from $101 to $113.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:26 am

TLRY

Tilray has filed a prospectus supplement with the SEC to register the resale of 12.4 million shares of common stock by a selling stockholder.

Portfolio Pulse from Charles Gross

January 10, 2024 | 11:24 am

SPCE

Truist Securities analyst Michael Ciarmoli has upgraded Virgin Galactic Holdings (SPCE) from Sell to Hold and increased the price target from $1 to $3.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:23 am

HWM

Truist Securities analyst Michael Ciarmoli has upgraded Howmet Aerospace (NYSE:HWM) from Hold to Buy and increased the price target from $47 to $74.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:21 am