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AISP

BYTS

Airship AI Holdings has completed its business combination with BYTE Acquisition Corp., and the combined company will trade on Nasdaq under the ticker 'AISP' starting December 22, 2023. Airship AI, which provides AI-driven surveillance solutions, has a $163 million pipeline and recently secured $10.9 million in contracts from the Department of Homeland Security. The company targets a rapidly growing edge AI market, projected to reach over $40 billion by 2030, and boasts a blue-chip customer base including federal agencies and Fortune 500 companies. The business combination is expected to enhance Airship AI's visibility, growth, and financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 5:06 pm

UPS

Analysts have provided mixed ratings for United Parcel Service (NYSE:UPS) with 1 bullish and 5 indifferent. The average 12-month price target is now $173.17, down from $181.80. Analysts from firms including JP Morgan, Susquehanna, Raymond James, HSBC, and Barclays have adjusted their price targets and ratings, reflecting a cautious outlook on UPS's performance. Despite a revenue decline of -12.83% over the past 3 months, UPS maintains strong financial health indicators such as a net margin of 5.35%, ROE of 5.75%, and ROA of 1.6%, with a debt-to-equity ratio of 1.33.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:01 pm

EOG

Raymond James has reaffirmed its Strong Buy rating on EOG Resources (NYSE:EOG) but reduced its price target from $154.00 to $148.00. EOG Resources' shares are slightly down, trading at $121.35. The new price target suggests a potential upside of 21.96%. EOG Resources is a significant oil and gas producer with key operations in U.S. shale regions and reported substantial reserves and production in 2022.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

LOW

Over the past 20 years, Lowe's Companies (NYSE:LOW) has produced an average annual return of 11.05%, outperforming the market. A $100 investment in LOW 20 years ago would be worth $812.20 today. The company's current market capitalization stands at $129.00 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

BROS

Wedbush has reaffirmed its Outperform rating on Dutch Bros (NYSE:BROS) and increased its price target from $35.00 to $37.00. Dutch Bros' shares have risen 2.55% in the last 24 hours to $29.37. The new price target suggests a potential upside of 25.98% from the current price. Dutch Bros operates and franchises drive-thru coffee shops offering a variety of hand-crafted beverages.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

SNPS

Synopsys (NASDAQ:SNPS) has significantly outperformed the market, with an average annual return of 46.59% over the past 5 years. A $100 investment in SNPS 5 years ago would be worth $707.28 today. The company's market capitalization stands at $83.75 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

LQDA

B of A Securities has reaffirmed its Buy rating on Liquidia (NASDAQ:LQDA) and increased its price target from $13.00 to $15.00. Liquidia's shares have risen 3.46% in the last 24 hours to $11.07. The new price target suggests a potential upside of 35.5%. Liquidia is a biopharmaceutical company focusing on pulmonary hypertension treatments, utilizing its proprietary PRINT technology.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

UPS

JP Morgan has maintained a Neutral rating for United Parcel Service (UPS) but lowered its price target from $165.00 to $156.00. UPS shares are currently trading down 0.22% at $156.61, and a move to the new target would imply a 0.39% decrease. UPS is the world's largest parcel delivery company, with significant operations in the U.S. and internationally.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

AAN

Truist Securities has maintained a Hold rating on Aarons (NYSE:AAN) and increased its price target from $8.00 to $12.00. Aarons' shares are currently trading at $10.89, and the new price target suggests a potential upside of 10.19%. Aarons is a specialty retailer with a lease-to-own model for furniture, electronics, and home appliances, serving a significant portion of the U.S. population.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

CLNN

DMK

HOOK

LGVN

MU

PBLA

PRZO

U.S. stocks traded higher with the Nasdaq Composite gaining over 100 points. Health care shares led gains, while energy shares dipped slightly. Micron Technology (NASDAQ:MU) reported Q1 revenue above estimates but a larger loss per share than expected, and issued strong guidance. ParaZero Technologies (NASDAQ:PRZO), HOOKIPA Pharma (NASDAQ:HOOK), and DMK Pharmaceuticals (NASDAQ:DMK) saw significant stock increases. Panbela Therapeutics (NASDAQ:PBLA), Clene Inc. (NASDAQ:CLNN), and Longeveron Inc. (NASDAQ:LGVN) experienced notable declines. Crude oil prices fell, while gold saw a slight increase.

Portfolio Pulse from Avi Kapoor

December 21, 2023 | 4:59 pm