Streetbeat News

Stock Prices

OLO

Olo shares surged following the announcement of Q1 financial results that exceeded expectations, along with Q2 and FY24 revenue guidance surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:49 pm

TMCI

Truist Securities analyst Richard Newitter downgraded Treace Medical Concepts (TMCI) from Buy to Hold and reduced the price target from $17 to $7, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:47 pm

EAF

ETST

RVP

Insiders at GrafTech International, Retractable Technologies, and Earth Science Tech have recently made significant stock purchases. These transactions indicate insider confidence in these companies, which could be a positive signal for investors. Retractable Technologies and GrafTech International are listed on the NYSE, with recent insider buys at $1.09 and $1.81 per share respectively. Earth Science Tech, traded on the OTC, saw its CEO purchase shares at $0.10 each. These companies have also reported notable developments, such as financial results and stock repurchase programs.

Portfolio Pulse from Avi Kapoor

May 08, 2024 | 12:44 pm

SPCE

Susquehanna analyst Charles Minervino has maintained a Neutral rating on Virgin Galactic Holdings (SPCE) and lowered the price target from $2 to $1.1.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:44 pm

TWLO

Twilio Inc (NYSE:TWLO) shares dropped after reporting Q1 financial results and providing weaker Q2 guidance than expected. Despite beating Q1 revenue and earnings estimates, the company's Q2 revenue forecast falls short of analyst expectations. Twilio's CEO emphasized ongoing financial discipline and innovation, aiming for re-accelerated growth. Baird analyst William Power maintained a Neutral rating on Twilio but lowered the price target from $70 to $65.

Portfolio Pulse from Adam Eckert

May 08, 2024 | 12:44 pm

SAVE

Susquehanna analyst Christopher Stathoulopoulos has maintained a Negative rating on Spirit Airlines (NYSE:SAVE) and lowered the price target from $4 to $3.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:43 pm

CFLT

CXDO

DDOG

JACK

MCK

NDAQ

OFIX

OXY

Wall Street analysts have updated their price targets and ratings for several US-listed companies, impacting their stock prices. Notably, Datadog's price target was raised from $130 to $140 by Baird with an upgrade to Outperform, despite a recent 11.5% drop in its shares. ZoomInfo Technologies saw a downgrade from Piper Sandler, with a price target cut from $24 to $15, following a 3.6% decline in its shares. Other companies such as MoneyLion, Orthofix Medical, McKesson, Occidental Petroleum, Confluent, Nasdaq, Crexendo, and Jack in the Box also experienced changes in their analyst ratings and price targets.

Portfolio Pulse from Avi Kapoor

May 08, 2024 | 12:43 pm

MAIN

PAYO

Two financial stocks, Payoneer Global Inc. (PAYO) and Main Street Capital Corporation (MAIN), are highlighted as overbought with RSI values above 70, indicating potential short-term performance concerns. PAYO reported strong Q1 results with record revenue and profitability, while MAIN announced strong preliminary Q1 operating results, setting a new record for net asset value per share.

Portfolio Pulse from Avi Kapoor

May 08, 2024 | 12:40 pm

ODD

ODDITY Tech's shares surged following the announcement of Q1 financial results that exceeded expectations, along with Q2 and FY24 EPS guidance surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:38 pm

PAYO

Payoneer's stock price increased following the announcement of their Q1 financial results, which exceeded expectations, and the company's issuance of FY24 revenue guidance that surpassed estimates.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:38 pm