Streetbeat News

Stock Prices

NX

Quanex Building Products' stock is trading lower following the release of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 4:18 pm

PNFP

Truist Securities analyst Jennifer Demba has reaffirmed a Buy rating on Pinnacle Financial Partners (NASDAQ:PNFP) and increased the price target from $75 to $100.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 4:18 pm

PB

Truist Securities analyst Jennifer Demba has reaffirmed a Buy rating on Prosperity Bancshares (NYSE:PB) and increased the price target from $61 to $75.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 4:16 pm

IOT

Investor Business Daily's SwingTrader has reportedly sold shares of Samsara, an IoT company. This could indicate a bearish outlook or a strategy adjustment by SwingTrader.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 4:15 pm

GOOG

MSFT

OpenAI's Superalignment team, led by Microsoft's Ilya Sutskever, is focused on developing methods to control superintelligent AI systems. Amidst leadership changes with Sam Altman, the team presented their research at a conference and announced a $10 million grant program to advance their work. The program has attracted support from industry figures like former Google CEO Eric Schmidt. Microsoft shares saw a 1.22% increase to $370.45 recently.

Portfolio Pulse from Anusuya Lahiri

December 15, 2023 | 4:09 pm

OZK

Truist Securities analyst Jennifer Demba has maintained a Hold rating on Bank OZK (NASDAQ:OZK) and increased the price target from $38 to $55.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 4:05 pm

CSCO

Cisco Systems (NASDAQ:CSCO) is analyzed against competitors in the Communications Equipment industry. Cisco has a lower P/E and P/B ratio than the industry average, suggesting undervaluation, but a higher P/S ratio, indicating potential overvaluation based on sales. The company's ROE is below the industry average, but it has significantly higher EBITDA, gross profit, and revenue growth, demonstrating strong financial performance. Cisco's lower debt-to-equity ratio compared to its top 4 peers suggests a stronger financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:01 pm

CPRT

Copart (NASDAQ:CPRT) is evaluated against its peers in the Commercial Services & Supplies industry. The analysis shows Copart with higher P/E, P/B, and P/S ratios, suggesting a potential overvaluation. Despite higher EBITDA and gross profit, Copart's ROE and revenue growth are below industry averages, indicating challenges in profitability and sales expansion. Copart's lower debt-to-equity ratio compared to top peers suggests a stronger financial position.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:01 pm

COST

Costco Wholesale (NASDAQ:COST) is analyzed in comparison to its competitors in the Consumer Staples Distribution & Retail industry. Costco operates a membership-based retail model and has a significant market share. Financial metrics show Costco has a high P/E, P/B, and P/S ratios compared to the industry average, indicating the stock may be overvalued. However, Costco's ROE, EBITDA, gross profit, and revenue growth are above the industry average, suggesting strong profitability and growth potential. The company also has a lower debt-to-equity ratio, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:01 pm

GFS

GLOBALFOUNDRIES (NASDAQ:GFS) has received 4 analyst ratings in the last quarter, with 3 somewhat bullish and 1 indifferent. The average price target is $68.25, which is higher than the current price of $59.31, suggesting an upside. However, this target is a 9.0% decrease from the previous target of $75.00. Analysts rate stocks based on future earnings potential and company risk, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 4:00 pm