Streetbeat News

Stock Prices

RBLX

Piper Sandler analyst Thomas Champion has maintained an Overweight rating on Roblox Corporation (NYSE:RBLX) and increased the price target from $50 to $52.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:22 pm

EJH

Shares of E-Home Household Service Holdings were halted due to a circuit breaker after the stock surged by 10%. Circuit breakers are designed to prevent extreme volatility in the stock market.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:20 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, META, NVDA, GOOGL, and TSLA, based on a proprietary formula involving price, volume, and options flow. The memo outlines potential bullish and bearish price targets for each asset and advises traders to stay alert to market changes. The session's focus includes employment data, Fed speakers, and treasury bill auctions. RIPS, a pro trader, curates the memo, offering insights and mentorship to Market Clubhouse members.

Portfolio Pulse from RIPS

November 16, 2023 | 3:19 pm

CEIX

DHT

GLD

GPK

GRBK

SDRL

SWN

TECK

WFRD

David Einhorn's Greenlight Capital is positioned for higher oil prices, which he believes could lead to a recession. The portfolio has increased stakes in the material and energy sectors, with a significant move towards gold as a safe haven. Materials make up 39.31% of the portfolio, with Green Brick Partners Inc (GRBK) being the top holding. The energy sector allocation has grown to 23.84%, with CONSOL Energy Inc (CEIX) as the second-largest holding. The fund has also taken positions in oil futures and options, expecting higher crude oil prices throughout 2024.

Portfolio Pulse from Surbhi Jain

November 16, 2023 | 3:18 pm

ARR

B. Riley Securities analyst Matt Howlett has maintained a Neutral rating on ARMOUR Residential REIT (NYSE:ARR) while raising the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:18 pm

NICE

NICE Ltd. shares are up following the release of their Q3 financial results, which exceeded expectations. Additionally, the company has provided FY23 adjusted EPS guidance that surpasses analyst estimates. To further boost shareholder value, NICE has announced a $300 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:17 pm

QDEL

QuidelOrtho Corp (NASDAQ:QDEL) is considering selling its transfusion medicine division, which could be valued between $1.5 billion and $2 billion. The company is working with advisors to gauge interest from potential buyers. The unit, acquired through the purchase of Ortho Clinical Diagnostics Holdings Plc in 2022, reported a Q3 revenue of $164 million, a 0.5% increase year-over-year. The sale discussions are preliminary, and there is no certainty of a transaction. QDEL's stock price rose 0.99% to $64.10.

Portfolio Pulse from Vandana Singh

November 16, 2023 | 3:16 pm

EPD

Enterprise Prods Partners Inc. (NYSE:EPD) shares dropped slightly by 0.04% and have decreased by 4.82% over the past month, despite a 5.04% increase over the past year. Investors are encouraged to consider the company's lower P/E ratio in comparison to the industry average, which may suggest undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 3:15 pm

UTI

B. Riley Securities analyst Raj Sharma has reaffirmed a Buy rating on Universal Technical Institute (NYSE:UTI) and increased the price target from $10 to $14.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:14 pm

SPR

JP Morgan analyst Seth Seifman has maintained an Overweight rating on Spirit AeroSystems Holdings (NYSE:SPR) but reduced the price target from $38 to $36.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:10 pm