VirExit Technologies Stock (OTC:VXIT), Trade Ideas

VirExit Technologies Inc formerly Poverty Dignified Inc is a diversified company. The VirExit brand stands for effective, ethical, and safe products within the antiviral space.

VIREXIT TECHNOLOGIES INC by VirExit Technologies Inc.

VirExit Technologies Inc

News

SHOT

Safety Shot Collaborates With Gopuff; Safety Shot To Launch Marketing Campaign In Support Of Gopuff; Safety Shot Available In Gopuff Subsidiaries

Jefferies analyst Blayne Curtis assumes Onto Innovation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTO#NYSE">ONTO</a>) with a Buy rating and raises Price Target to $265.

Price Target

Initiation

Analyst Ratings

ONTO

Jefferies Assumes Onto Innovation at Buy, Raises Price Target to $265

Piper Sandler analyst David Westenberg maintains Cytek Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTKB#NASDAQ">CTKB</a>) with a Overweight and lowers the price target from $10 to $8.5.

CTKB

Piper Sandler Maintains Overweight on Cytek Biosciences, Lowers Price Target to $8.5

<ul>
<li>Clinolipid provides calories and essential fatty acids for parenteral nutrition
<ul>
<li>Expanded indication demonstrates Baxter's continued commitment to meeting the diverse nutritional needs of patients, from preterm neonates to adults</li>
</ul>
</li>
</ul>

FDA Approves Baxter's Clinolipid Neonatal And Pediatric Indication

WIIM

AMPX

Amprius shares are trading lower after the company announced a temporary offer allowing public and private warrants to be exercised at a reduced price.

Guidance

Exagen Increases FY24 Revenue To At Least $55M Vs $54.160M Est.

CCLD

CareCloud shares are trading higher after the company announced it retained an investment bank to examine and evaluate the terms of its Series A Preferred Stock and to make recommendations to the board that may be beneficial to the company and its shareholders.

Amprius Says Holders Of Offering Warrants, Exercisable For One Share Of Common Stock At An Exercise Price Of $11.50, Will Have The Opportunity To Exercise Offering Warrants At A Temporarily Reduced Cash Exercise Price Of $1.10 Per Offering Warrant.

Piper Sandler analyst David Amsellem reiterates Teva Pharmaceutical Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) with a Overweight and raises the price target from $19 to $20.

Reiteration

TEVA

Piper Sandler Reiterates Overweight on Teva Pharmaceutical Indus, Raises Price Target to $20

U.S. stocks notched gains last week, with the Dow gaining 2.16% to record its fourth positive week in a row. The S&amp;P 500 gained 1.85%, gaining for the third straight week.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="ps://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Richard Davis
<ul>
<li>Analyst Firm: Canaccord Genuity</li>
<li>Ratings Accuracy: 88%</li>
<li>Latest Rating: Maintained a Buy rating on  HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) and cut the price target from $750 to $700 on May 9. This analyst sees around 17% upside in the stock.</li>
<li>Recent News: On May 8, HubSpot posted upbeat results for its first quarter, but issued soft second-quarter revenue guidance.</li>
</ul>
Analyst: Mark Kelley
<ul>
<li>Analyst Firm: Stifel</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Maintained a Buy rating on The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) with a Buy rating and increased the price target from $100 to $105 on May 9. This analyst sees around 21% downside in the stock.</li>
<li>Recent News: On May 8, Trade Desk reported quarterly earnings of 26 cents per share which beat the analyst consensus estimate of 21 cents by 23.81%.</li>
</ul>
Analyst: William Stein
<ul>
<li>Analyst Firm: Truist Securities</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Maintained a Hold rating on Diodes Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIOD#NASDAQ">DIOD</a>) and raised the price target from $67 to $74 on May 10. This analyst sees around 7% upside in the stock.</li>
<li>Recent News: On May 9, Diodes reported worse-than-expected first-quarter financial results.</li>
</ul>
Analyst: Zachary Fadem
<ul>
<li>Analyst Firm: Wells Fargo</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained an Overweight rating on The Home Depot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) and cut the price target from $425 to $400 on May 9. This analyst sees about 16% gain in the stock.</li>
<li>Recent News: Home Depot is expected to release earnings results for its first quarter, before the opening bell on May 14.</li>
</ul>
Analyst: Justin Post
<ul>
<li>Analyst Firm: B of A Securities</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained a Buy rating on Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and cut the price target from $91 to $87 on May 9. This analyst sees over 30% upside in the stock.</li>
<li>Recent News: On May 8, Uber posted weaker-than-expected fiscal first-quarter financial results.</li>
</ul>
Read More: <a href="https://www.benzinga.com/news/24/05/38759538/how-to-earn-500-a-month-from-home-depot-stock-ahead-of-q1-earnings">How To Earn $500 A Month From Home Depot Stock Ahead Of Q1 Earnings</a>

Long Ideas

Pre-Market Outlook

Markets

Trading Ideas

DIOD

HUBS

UBER

This Analyst With 85% Accuracy Rate Sees Over 30% Upside In Uber - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

As of May 13, 2024, five stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to B<a href="https://pro.benzinga.com/">enzinga Pro</a>.  
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Rackspace Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXT#NASDAQ">RXT</a>)</h3>
<ul>
<li>On May 9, Rackspace Tech posted upbeat quarterly earnings. Amar Maletira, Chief Executive Officer, stated, &#8220;I&#8217;m pleased to announce that first quarter 2024 results exceeded the high-end of guidance for revenue, operating profit, and EPS. We continue to make steady progress on our turnaround, and I&#8217;m encouraged by the continued success from implementing our healthcare vertical strategy in Private Cloud and go-to-market execution in our Public Cloud business.&#8221; The company's stock gained around 23% over the past month and has a <a href="https://www.benzinga.com/quote/RXT">52-week high of $3.10</a> .</li>
<li>RSI Value: 71.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>RXT Price Action: Shares of Rackspace Technology gained 0.5% to close at $1.97 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Daktronics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAKT#NASDAQ">DAKT</a>)</h3>
<ul>
<li>On Feb. 28, Daktronics posted weak quarterly sales. &#8220;Our teams&#8217; strong execution of the manufacturing, operating, sourcing and pricing improvements that we put in place over the past two years drove efficiencies and raised the baseline profitability of the business,&#8221; stated Reece Kurtenbach, Daktronicsʹ Chairman, President and Chief Executive Officer. The company's stock gained around 27% over the past month and <a href="https://www.benzinga.com/quote/DAKT">has a 52-week high</a> of $12.42.</li>
<li>RSI Value: 77.15</li>
<li>DAKT Price Action: Shares of Daktronics rose 1.4% to close at $11.28 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Consensus Cloud Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCSI#NASDAQ">CCSI</a>)</h3>
<ul>
<li>On May 9, Consensus Cloud Solutions reported better-than-expected first-quarter financial results. &#8220;I am pleased with our Q1 performance. SoHo and Corporate revenues were ahead of expectations, which combined with our cost saving measures, produced a strong EBITDA margin of 54.5%,&#8221; said Scott Turicchi, CEO of Consensus. The company's stock gained around 55% over the past five days and has a <a href="https://www.benzinga.com/quote/CCSI">52-week high </a>of $37.24.</li>
<li>RSI Value: 78.73</li>
<li>CCSI Price Action: Shares of Consensus Cloud Solutions rose 6.2% to close at $19.11 on Friday.</li>
</ul>
<h3 class="wp-block-heading">AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>)</h3>
<ul>
<li>On May 8, Applovin reported better-than-expected first-quarter financial results. "We&#8217;re proud of the continued momentum our team has achieved through the first quarter of the new year. As we approach the first anniversary of our AXON launch, we are just beginning to explore its full potential," the company said in a letter to shareholders. The company's stock jumped around 10% over the past month and has a 52-week high is $88.50.</li>
<li>RSI Value: 70.17</li>
<li>APP Price Action: Shares of AppLovin rose 2.1% to close at $86.43 on Friday.</li>
</ul>
<h3 class="wp-block-heading">FormFactor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>)</h3>
<ul>
<li>On May 1, FormFactor reported better-than-expected first-quarter sales results and issued second-quarter adjusted EPS guidance above estimates. &#8220;DRAM probe card demand continues to be robust, and as expected, first quarter DRAM revenue reached the peak levels we last experienced in 2021,&#8221; said Mike Slessor, CEO of FormFactor, Inc. The company's stock jumped around 28% over the past month and <a href="https://www.benzinga.com/quote/FORM">has a 52-week high</a> of $57.39.</li>
<li>RSI Value: 75.72</li>
<li>FORM Price Action: Shares of FormFactor fell 0.4% to close at $56.45 on Friday.</li>
</ul>
Read More: <a href="https://www.benzinga.com/news/24/05/38759538/how-to-earn-500-a-month-from-home-depot-stock-ahead-of-q1-earnings">How To Earn $500 A Month From Home Depot Stock Ahead Of Q1 Earnings</a>

Short Ideas

CCSI

DAKT

FORM

Top 5 Tech Stocks That May Plunge In Q2

Management

MSA Safety Appoints Steven Blanco As President And CEO

Benchmark analyst Todd Brooks reiterates Westrock Coffee (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEST#NASDAQ">WEST</a>) with a Buy and maintains $12 price target.

WEST

Benchmark Reiterates Buy on Westrock Coffee, Maintains $12 Price Target

Earnings

Camber Energy Q1 EPS $(0.19), Sales $8.29M

Kyndryl Announces Strategic Moves To Optimize Portfolio, Acquires Skytap; No Financial Terms Disclosed; Transactions Have No Impact On Co FY25 Outlook

Jefferies analyst Blayne Curtis assumes GLOBALFOUNDRIES (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) with a Buy rating and lowers Price Target of $62.

Jefferies Assumes GLOBALFOUNDRIES at Buy, Lowers Price Target of $62

Trio-Tech Q3 2024 EPS $0.02 Up From $0.00 YoY; Revenue $10.398M Up From $9.842M YoY

Vitru (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTRU#NASDAQ">VTRU</a>) reported $101.88 million in sales this quarter. This is a 19.17 percent increase over sales of $85.50 million the same period last year.

VTRU

Vitru Q1 Sales $101.88M Up From $85.50M YoY

LVC GLOBAL optimizes opportunity flow by creating structured, well-managed revenue-generating platforms positioned to scale within dynamic international marketplaces
ReElement utilizes a groundbreaking refining solution to produce high purity rare earth and critical minerals locally alongside stakeholders
FISHERS, IN / ACCESSWIRE / May 13, 2024 / American Resources Corporation's <a href="https://pr.report/oGBiWwhI">(NASDAQ:</a><a href="https://www.benzinga.com/stock/AREC#NASDAQ">AREC</a>) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a groundbreaking innovator of low-cost, commercial-scale refining and recycling capacity of rare earth and critical battery elements, today announced its strategic partnership with LVC Global Holdings. This transformative collaboration is poised to redefine critical mineral and rare earth element refining and recycling practices across the Emerging &amp; Frontier Markets, particularly in Sub-Saharan Africa, by combining cutting-edge technology with extensive market expertise.

Global

AREC

American Resources Corporation's ReElement Technologies And LVC Global To Sustain Metal Refining And Recycling In Africa

OKLO

Oklo shares are trading higher amid volatility following the company's recent business combination with AltC Acquisition Corp. and recent NYSE debut. The company also announced it signed an MOU with Atomic Alchemy to collaborate on isotope production.

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