Streetbeat News

Analyst Ratings

AGEN

EF Hutton analyst Tony Butler has reiterated a 'Buy' rating on Agenus (NASDAQ:AGEN) and maintained a price target of $8.3.

Portfolio Pulse from richadhand@benzinga.com

July 03, 2023 | 11:18 am

CPA

Raymond James analyst Savanthi Syth has maintained a Strong Buy rating on Copa Holdings (NYSE:CPA) and raised the price target from $138 to $155.

Portfolio Pulse from richadhand@benzinga.com

July 03, 2023 | 11:16 am

WFC

Raymond James analyst David Long has maintained a Strong Buy rating on Wells Fargo (NYSE:WFC) and raised the price target from $48 to $51.

Portfolio Pulse from richadhand@benzinga.com

July 03, 2023 | 11:16 am

LFMD

HC Wainwright & Co. analyst Yi Chen has initiated coverage on LifeMD (NASDAQ:LFMD) with a Buy rating and a price target of $9.

Portfolio Pulse from richadhand@benzinga.com

July 03, 2023 | 11:15 am

DWAC

QQQ

SPY

TSLA

The US stock market is expected to open with caution due to recent strong gains and key events. Despite the Federal Reserve's indication of future rate hikes, the market closed the week, quarter, and half year with solid gains. Analyst Ryan Detrick predicts a strong run for the S&P 500 Index in the second half of the year. In premarket trading, SPDR S&P 500 ETF Trust (SPY) rose 0.14% and the Invesco QQQ ETF (QQQ) gained 0.29%. Tesla (TSLA) rose over 6% after reporting record Q2 deliveries. Digital World Acquisition Corp. (DWAC) gained over 3% amid Twitter's woes.

Portfolio Pulse from Shanthi Rexaline

July 03, 2023 | 11:01 am

ACMR

BABA

FIS

LILM

NIO

TSLA

XPEV

Several stocks are recording gains in pre-market trading. XPeng Inc. shares jumped 10.7% after announcing a significant increase in vehicle deliveries for June and Q2 2023. Lilium N.V. shares gained 9.7% following a 15% jump on Friday. ACM Research, Inc. shares rose 8.5% after Jefferies upgraded its rating from Underperform to Buy. Fidelity National Information Services, Inc. shares climbed 9.7% as private equity groups are exploring buying a majority stake in its Worldpay. Li Auto Inc. shares gained 6.3% as the company reported a 150.1% YoY surge in June deliveries. Tesla, Inc. climbed 6.2% after reporting record Q2 deliveries. NIO Inc. gained 6.1% despite a 17.4% YoY slump in June deliveries. Alibaba Group Holding Limited gained 2.3% amid market expectations of improved U.S.-China relations.

Portfolio Pulse from Lisa Levin

July 03, 2023 | 10:55 am

AAPL

TSLA

UAL

Over the weekend, Tesla reported record Q2 deliveries, Twitter implemented limitations on daily tweet reads, Florida Governor Ron DeSantis' net worth increased significantly due to book royalties, a controversial alimony law was signed in Florida, and US Treasury Secretary Janet Yellen is set to visit China. Reports also suggest that Goldman Sachs is considering ending its consumer lending operation with Apple, and United Airlines is compensating passengers affected by delays and cancellations with frequent flyer miles.

Portfolio Pulse from Benzinga Newsbot

July 03, 2023 | 10:51 am

BTCUSD

Billionaire and Bitcoin advocate, Tim Draper, has revised his prediction for Bitcoin (BTC) to surpass the $250,000 mark by 2025, extending his previous forecast of 2023. Draper has a reputation for making accurate early predictions regarding cryptocurrency, including a 2014 prediction that Bitcoin would reach $10,000 within three years, which came true in November 2017.

Portfolio Pulse from Mehab Qureshi

July 03, 2023 | 10:19 am

AGEN

HC Wainwright & Co. analyst Emily Bodnar has reiterated a 'Buy' rating on Agenus (NASDAQ:AGEN) and maintained an $8 price target.

Portfolio Pulse from richadhand@benzinga.com

July 03, 2023 | 10:13 am

RWLK

HC Wainwright & Co. analyst Swayampakula Ramakanth has reiterated a 'Buy' rating on ReWalk Robotics (NASDAQ:RWLK) and maintained a $3 price target.

Portfolio Pulse from richadhand@benzinga.com

July 03, 2023 | 10:13 am