Streetbeat News

Stock Prices

BSX

Over the past 15 years, Boston Scientific (NYSE:BSX) has produced an average annual return of 15.65%, outperforming the market. A $1000 investment in BSX 15 years ago would be worth $9,923.36 today. The company's current market capitalization is $79.67 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 5:00 pm

TTWO

Take-Two Interactive (NYSE:TTWO) has seen a decrease in short interest, with the short percent of float dropping 3.47% since the last report. The company has 4.63 million shares sold short, representing 3.06% of available shares. The current short interest is below the peer group average of 3.73%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 5:00 pm

AAP

JP Morgan has maintained a Neutral rating on Advance Auto Parts (NYSE:AAP) but lowered its price target from $78.00 to $55.00. Advance Auto Parts' shares have fallen 7.17% to $51.68. The new price target suggests a potential upside of 6.42% from the current price. Advance Auto Parts operates 5,086 stores and services 1,311 Carquest stores, with 59% of 2022 sales from commercial clients.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 5:00 pm

COIN

South Korea's National Pension Service (NPS) has acquired a stake in Coinbase (NASDAQ:COIN) worth $20 million, marking its first investment in a virtual asset-related company in the U.S. stock portfolio. The NPS's investment in approximately 282,673 shares of Coinbase has yielded about a 40% profit, with the average purchase price per share at $70.50 and a recent closing price of $98.15. This move indicates a growing interest in the virtual assets market by a major national pension fund.

Portfolio Pulse from Murtuza Merchant

November 16, 2023 | 4:57 pm

TJX

TJX Companies Inc reported Q3 FY24 sales growth of 9% year-on-year to $13.3 billion, surpassing estimates. EPS of $1.03 also beat expectations. However, the company issued a weaker Q4 profit forecast, with adjusted EPS expected between 97 cents and $1, down from the previous forecast. Following the earnings report, TJX shares dropped by 1.8%. Telsey Advisory Group and Morgan Stanley raised their price targets for TJX, maintaining positive ratings.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 4:54 pm

SOFI

THTA

SoFi Technologies, Inc. (NASDAQ:SOFI) stock is trading lower today after a 7% rise the previous day. Over the last month, SOFI shares have declined by over 17%. The company announced the launch of the SoFi Enhanced Yield ETF (NYSE:THTA), which is managed by ZEGA Financial and will distribute monthly distributions from a portfolio of short-term Treasury Bills with an options overlay strategy. Barclays analyst Terry Ma initiated coverage on SoFi with an Equal-Weight rating and a price target of $8. High trading volume is observed with shares down 8% at $6.78.

Portfolio Pulse from Erica Kollmann

November 16, 2023 | 4:54 pm

GDX

Imaru Casanova, Portfolio Manager for Gold & Precious Metals at VanEck, stated at Benzinga's 'Metals & Mining' Conference that gold mining companies are currently trading at a significant discount compared to other sectors. Casanova predicts that the valuations of these companies should be higher next year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 4:48 pm

SGD

Shares of Safe And Green Development Corporation (SGD) have resumed trading. There is no additional context provided regarding the reasons for the trading halt or the implications of the resumption.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 4:45 pm

TGT

BMO Capital analyst Kelly Bania has maintained a Market Perform rating on Target Corporation (NYSE:TGT) and increased the price target from $120 to $130.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 4:35 pm

SGD

Shares of Safe And Green Development were halted on a circuit breaker due to a rapid increase in price, with the stock surging 308.3%.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 4:34 pm