Streetbeat News

Stock Prices

SRE

JP Morgan analyst Christopher Turnure has upgraded Sempra (NYSE:SRE) from Neutral to Overweight and increased the price target from $78 to $86.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:41 am

HPQ

Morgan Stanley analyst Erik Woodring has upgraded HP (NYSE:HPQ) from Equal-Weight to Overweight and increased the price target from $31 to $35.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:36 am

CHH

WH

Choice Hotels is reportedly initiating a hostile takeover bid for competitor Wyndham, according to the Wall Street Journal citing sources.

Portfolio Pulse from Charles Gross

December 12, 2023 | 10:35 am

SONO

Morgan Stanley analyst Erik Woodring upgraded Sonos (NASDAQ:SONO) from Equal-Weight to Overweight and increased the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:35 am

WM

Waste Management Inc (NYSE:WM) announced a 7.1% dividend increase for 2024, raising the quarterly dividend from $0.70 to $0.75 per share. This marks the 21st consecutive year of dividend growth. Additionally, the Board authorized a new $1.5 billion stock buyback program, replacing the previous authorization. The company's strong cash flow supports these shareholder returns, with $150 million in cash and equivalents as of September 30, 2023. WM shares closed up 0.51% at $173.38.

Portfolio Pulse from Shivani Kumaresan

December 12, 2023 | 10:34 am

ABNB

GMAB

GPRO

HMY

KNTK

LCID

ORCL

RTX

Oracle Corporation reported second-quarter earnings that exceeded expectations but missed on sales, causing its shares to drop 8.5% in pre-market trading. Other stocks also moved lower in the pre-market session, including Kinetik Holdings, Harmony Gold Mining, GoPro, Genmab, Lucid Group, RTX Corporation, and Airbnb.

Portfolio Pulse from Avi Kapoor

December 12, 2023 | 10:32 am

GS

RL

Goldman Sachs analyst Brooke Roach upgraded Ralph Lauren (NYSE:RL) from Sell to Neutral and set a price target of $132.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:32 am

PVH

Goldman Sachs analyst Brooke Roach has upgraded PVH Corp (NYSE:PVH) from Neutral to Buy and set a price target of $126.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:30 am

M

Citigroup analyst Paul Lejuez has downgraded Macy's (NYSE:M) from Neutral to Sell and set a new price target of $14.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:28 am

PVH

Telsey Advisory Group analyst Dana Telsey has maintained an Outperform rating on PVH Corp (NYSE:PVH) and increased the price target from $111 to $122.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:08 am