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Stock Prices

BDTX

Black Diamond Therapeutics shares are trading higher after Raymond James initiated coverage on the stock with an Outperform rating and announced a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:05 pm

KRUZ

MSFT

NANC

NVDA

TSLA

Nancy Pelosi disclosed purchasing additional Nvidia shares and selling a portion of Microsoft shares. The trades were made on July 26, with Nvidia shares valued between $1 million to $5 million and Microsoft shares sold in the same range. Pelosi's trading activity is closely watched by retail traders.

Portfolio Pulse from Chris Katje

July 31, 2024 | 4:04 pm

CORT

Corcept Therapeutics shares are trading higher after Canaccord Genuity maintained a Buy rating on the stock and raised its price target from $38 to $78.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:04 pm

Western Union shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results. RBC Capital maintained a Sector Perform rating on the stock and lowered its price target from $16 to $14.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:03 pm

AMD

AMKR

AVGO

FORM

HPE

LSCC

MKSI

MPWR

NXPI

OLED

PSTG

TER

WDC

Shares of semiconductor, hardware, storage, and chip-related stocks are trading higher following AMD's strong Q2 earnings report. Additionally, reports of a new Biden administration rule on foreign chip equipment exports to China, potentially exempting Japan, the Netherlands, and South Korea, are also contributing to the sector's rise.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:03 pm

UMC

United Microelectronics Corp (NYSE:UMC) reported Q2 revenue growth of 0.9% YoY to $1.750 billion, missing the analyst estimate of $1.762 billion. EPS of $0.17 beat the estimate of $0.15. UMC expects strong Q3 demand in communication and computing segments, with mid-single digit % increase in wafer shipments and flat ASP in USD. Shares rose 8.34% to $8.05.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 4:01 pm

CPRI

Capri Holdings (NYSE:CPRI) has been analyzed by 6 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 16.96% to $40.83. Analysts have recently lowered their price targets and ratings, reflecting concerns over Capri's financial performance, including declining revenue, net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 4:00 pm

IGT

Six analysts have recently shared their insights on Intl Game Tech (NYSE:IGT), with ratings ranging from bullish to indifferent. The average 12-month price target is $27.67, down from $28.33. Key analysts have adjusted their ratings and price targets, reflecting their reactions to recent developments. Financially, IGT shows positive revenue growth, strong net margin, ROE, and ROA, and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 4:00 pm

MCHP

17 analysts have provided varied opinions on Microchip Technology (NASDAQ:MCHP) over the past quarter, with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $102.41, reflecting a 10.97% rise from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, with several raising their targets. Despite some financial challenges, including a decline in revenue growth and lower ROE and ROA compared to industry averages, Microchip Technology maintains strong profitability with a net margin of 11.67%.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 4:00 pm

PJT

PJT Partners (NYSE:PJT) has been analyzed by four analysts, revealing mixed sentiments. The average 12-month price target is $115.25, with a high of $132.00 and a low of $93.00. Recent ratings include 'Neutral', 'Market Perform', and 'Sell'. PJT Partners has shown strong revenue growth but faces challenges in net margin.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 4:00 pm