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WDAY

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Workday (NASDAQ:WDAY) and increased the price target from $300 to $330.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:35 pm

MNKD

MannKind Corporation's stock is trading higher following the announcement of a royalty purchase agreement with Sagard Healthcare, which could be worth up to $200 million.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:31 pm

MPLX

MPLX Inc. (NYSE:MPLX) stock has seen a slight increase of 0.22% in the current session, trading at $36.80. Over the past month and year, the stock has risen by 0.72% and 11.58%, respectively. The company's P/E ratio is lower than the industry average, which could indicate either potential undervaluation or weaker growth prospects compared to its peers in the Oil, Gas & Consumable Fuels industry.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:30 pm

VTNR

Vertex Energy Inc (NASDAQ:VTNR) shares dropped 11.8% after the company announced an amendment to its term loan agreement, increasing its borrowing capacity by $50 million to a total of $198 million. The revised terms include an adjusted interest rate and extend the loan's maturity to April 1, 2025. The company aims to enhance its financial position and explore strategic options to improve its balance sheet. CEO Benjamin P. Cowart sees this as a way to boost liquidity and flexibility for potential business deals, in line with shareholder and company interests.

Portfolio Pulse from Henry Khederian

January 02, 2024 | 3:27 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares dropped approximately 10% following its Q4 and FY23 vehicle production and delivery report. The company produced 17,541 vehicles and delivered 13,972 in Q4, falling short of Q3's 15,564 deliveries and analysts' expectations of 14,430. However, Rivian exceeded its full-year production guidance with 57,232 vehicles produced and 50,122 delivered in 2023. The Q4 results will be announced on February 21. The decline in Rivian's shares comes amidst strong delivery numbers from U.S.-listed Chinese EV makers.

Portfolio Pulse from Lekha Gupta

January 02, 2024 | 3:27 pm

DOGZ

Trading in Dogness (International) Corporation shares (DOGZ) has resumed after being temporarily halted.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:26 pm

ALAR

Alarum Technologies (ALAR) is gaining attention as traders circulate a mention of the stock being recommended as a buy in Louis G. Navellier's investment newsletter.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:25 pm

NGM

NGM Biopharmaceuticals' stock is up following confirmation of a non-binding expression of interest from TCG for a potential acquisition of all outstanding shares, indicating a going-private transaction.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:24 pm

SNOW

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Snowflake (NYSE:SNOW) and increased the price target from $220 to $250, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:22 pm

DOGZ

Shares of Dogness (DOGZ) were halted due to a circuit breaker after experiencing a significant drop, despite the stock being up 29.5%.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:21 pm