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AADI

DRRX

KTRA

The article highlights three health care stocks that are considered oversold based on their Relative Strength Index (RSI) values, suggesting a potential buying opportunity for undervalued companies. Kintara Therapeutics, Inc. (KTRA) has an RSI of 21.46 and experienced a 46% stock price drop over the past month. Aadi Bioscience, Inc. (AADI) reported interim trial results and saw a 54% decline in stock price over five days, with an RSI of 23.73. DURECT Corporation (DRRX) posted disappointing sales and a 9% stock price decrease over the past month, with an RSI of 27.92.

Portfolio Pulse from Avi Kapoor

December 18, 2023 | 12:39 pm

AMKR

APH

DIN

MU

NOC

Wall Street analysts have made recent stock picks with varying accuracy rates. Keybanc's Eric Gonzalez sees a 16% surge in Dine Brands Global (DIN), Truist Securities' William Stein predicts a 10% upside in Amphenol Corporation (APH), B. Riley Securities' Craig Ellis forecasts a 20% upside in Amkor Technology (AMKR), Wolfe Research's Myles Walton expects a 2% downside in Northrop Grumman (NOC), and B of A Securities' Vivek Arya anticipates a 17% surge in Micron Technology (MU). These ratings are based on recent financial reports and company developments.

Portfolio Pulse from Avi Kapoor

December 18, 2023 | 12:39 pm

SEDG

Goldman Sachs analyst Brian Lee has downgraded SolarEdge Technologies (NASDAQ:SEDG) from Neutral to Sell and set a price target of $77.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:37 pm

GPCR

Structure Therapeutics Inc. (NASDAQ:GPCR) announced a comprehensive update on its GSBR-1290 program, including positive Phase 2a clinical study results for the oral GLP-1 receptor agonist aimed at treating metabolic and cardiopulmonary diseases.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:35 pm

ABBV

HSBC analyst Rajesh Kumar has downgraded AbbVie (NYSE:ABBV) from Buy to Hold and reduced the price target from $167 to $156.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:28 pm

UNH

HSBC analyst Rajesh Kumar has downgraded UnitedHealth Group (UNH) from Hold to Reduce and reduced the price target from $550 to $480.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:26 pm

FWONK

Morgan Stanley analyst Benjamin Swinburne has downgraded Liberty Formula One Group (FWONK) from Overweight to Equal-Weight and reduced the price target from $80 to $70.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:20 pm

AKTS

Akoustis Technologies has received significant orders for its Wi-Fi 6E filters, which will support a production ramp in the March quarter of 2024. This development indicates a growing demand for the company's advanced Wi-Fi solutions and may positively impact its financial performance.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:09 pm

COE

51 Talk Online Education (NYSE:COE) experienced a 39.13% increase in losses per share in Q3, reporting $(0.64) compared to $(0.46) YoY. However, sales rose by 70.43%, from $4.59M to $7.83M over the same period.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:09 pm

DOOR

PGTI

Masonite International Corporation has agreed to acquire PGT Innovations, Inc. for $41 per share, in a deal valued at $3 billion. The payment will be a mix of $33.50 in cash and $7.50 in Masonite shares for each PGT share.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:05 pm