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APTV

Baird analyst David Leiker has downgraded Aptiv (NYSE:APTV) from Outperform to Neutral and reduced the price target from $105 to $96, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:01 pm

TALO

Talos Energy has commenced production at its Lime Rock and Venice discoveries in the Gulf of Mexico. This development is expected to contribute positively to the company's output and financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:00 pm

ARQT

Arcutis Biotherapeutics (NASDAQ:ARQT) has received mixed ratings from 7 analysts in the past three months, with an average 12-month price target of $7.43, a significant decrease from the prior average. The company has shown impressive revenue growth of 5156.41% as of September 30, 2023, but faces challenges with a high debt-to-equity ratio and below-average ROE and ROA. Arcutis is developing dermatological treatments, with its lead product candidate ZORYVE completing Phase 3 trials.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 12:00 pm

TME

UMGNF

Tencent Music Entertainment Group (TME) has renewed a multi-year strategic licensing agreement with Universal Music Group (UMG). The deal allows TME to continue offering UMG's music catalog on its platforms, including QQ Music and WeSing, with added features like Dolby Atmos and HD streaming. Despite a revenue decline in Q3, TME's stock is trading slightly higher in premarket.

Portfolio Pulse from Lekha Gupta

January 03, 2024 | 11:53 am

DELL

Bernstein analyst Toni Sacconaghi has maintained an Outperform rating on Dell Technologies (NYSE:DELL) and increased the price target from $80 to $90.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:53 am

NTRS

Wolfe Research analyst Steven Chubak has downgraded Northern Trust (NASDAQ:NTRS) from Peer Perform to Underperform and set a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:52 am

PRU

JP Morgan analyst Jimmy Bhullar has downgraded Prudential Financial (NYSE:PRU) from Overweight to Neutral and reduced the price target from $119 to $118.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:50 am

LNC

JP Morgan analyst Jimmy Bhullar has downgraded Lincoln National (NYSE:LNC) from Neutral to Underweight and set a price target of $26.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:48 am

HBAN

Evercore ISI Group analyst John Pancari has upgraded Huntington Bancshares (HBAN) from In-Line to Outperform and increased the price target from $10.5 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:32 am

FROG

Oppenheimer analyst Ittai Kidron has maintained an Outperform rating on JFrog (NASDAQ:FROG) and increased the price target from $35 to $41, indicating a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 11:29 am