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RUN

Sunrun Inc. shares have risen following an upgrade by Piper Sandler from Neutral to Overweight, with a price target increase from $15 to $31.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 2:09 pm

FOLD

Morgan Stanley analyst Jeffrey Hung has upgraded Amicus Therapeutics (NASDAQ:FOLD) from Equal-Weight to Overweight and increased the price target from $15 to $20.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 2:09 pm

PPSI

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) announced receiving three new orders totaling $3.1 million for its e-Boost mobile electric charging solutions. These orders are expected to contribute significantly to the company's revenue and operating margin in 2024. The orders include two from new customers and one reorder, showcasing the adoption and versatility of the e-Boost solutions across different platforms: Pod, Mobile, and Mini. Deliveries and installations are set to begin in Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 2:08 pm

AFRM

WMT

Affirm Holdings, Inc. (AFRM) shares have risen following the announcement of the expansion of its services to include self-checkout at Walmart stores.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 2:07 pm

ACAD

Morgan Stanley analyst Jeffrey Hung upgraded ACADIA Pharmaceuticals (ACAD) from Equal-Weight to Overweight and increased the price target from $31 to $40.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 2:07 pm

PEBK

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) has announced an updated stock repurchase program, authorizing an additional $2 million for repurchasing its common stock, bringing the total 2023 authorization to $4 million. The program, which was initially announced on March 6, 2023, will expire on February 29, 2024. The repurchases will be made in the open market or through privately-negotiated transactions, depending on market conditions and other factors. The decision reflects the company's strong balance sheet and capital position, aiming to enhance shareholder value. Peoples Bank operates 17 banking offices in North Carolina and is quoted on the Nasdaq Global Market under the symbol 'PEBK'.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 2:07 pm

MARA

Marathon Digital Holdings Inc (MARA) has entered into an agreement to acquire two Bitcoin mining sites for $178.6 million, adding 390 megawatts to its current 584-megawatt capacity. The acquisition, funded by cash from Marathon's balance sheet, is expected to close in Q1 2024. Marathon's CEO, Fred Thiel, sees this as a step towards reducing Bitcoin production costs and expanding operational capacity. MARA shares rose 4.38% to $20.75, in tandem with Bitcoin's price increase, which was up over 4%.

Portfolio Pulse from Adam Eckert

December 19, 2023 | 2:03 pm

BB

BlackBerry (NYSE:BB) is expected to report an EPS of $-0.03 in its upcoming quarterly earnings on December 20, 2023. Investors are looking for an earnings beat and positive guidance for future growth. BlackBerry's stock performance has been generally positive over the last year, with shares up 11.2%. Past earnings have shown mixed results with both beats and misses, and varied stock price reactions.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:01 pm

LIVE

Live Ventures (NASDAQ:LIVE) is expected to report an EPS of $0.00 in its upcoming quarterly earnings on December 20, 2023. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LIVE's stock price has shown mixed reactions to earnings performance, with a slight increase after a miss last quarter. Over the past year, LIVE shares have increased by 3.47%, with current trading at $25.35.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:01 pm

TTC

Toro (NYSE:TTC) is scheduled to release its quarterly earnings report on December 20, 2023. Analysts predict an EPS of $0.56. Toro's stock performance may be influenced by whether they beat this estimate and provide positive guidance for the future. Historically, Toro's share price has reacted negatively to earnings misses. Shares are currently trading at $87.44, down 22.53% over the last year. Investors are likely bearish ahead of the earnings report.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 2:01 pm