Streetbeat News

Stock Prices

CLSK

CleanSpark, Inc. (NASDAQ:CLSK) stock is trading higher by over 11% as Bitcoin reaches new 52-week highs, influenced by various catalysts including the election of a pro-cryptocurrency Argentine president, a DOJ settlement with Binance, and the anticipation of a spot Bitcoin ETF. CleanSpark's trading volume has surpassed its 100-day average, and the stock is trading above its 50-day moving average, nearing its 52-week high.

Portfolio Pulse from Erica Kollmann

November 24, 2023 | 5:19 pm

CLSK

COIN

MARA

Bitcoin (BTC) reached a new 52-week high of $38,392.79, driven by several catalysts including Argentina's election of a pro-cryptocurrency president, a DOJ settlement with Binance, and anticipation of BlackRock's spot Bitcoin ETF approval. Crypto-related stocks such as CleanSpark Inc. (CLSK), Coinbase Global Inc. (COIN), and Marathon Digital Holdings Inc. (MARA) moved higher alongside Bitcoin.

Portfolio Pulse from Erica Kollmann

November 24, 2023 | 5:17 pm

EMR

Emerson Electric Inc. (NYSE:EMR) saw a slight drop of 0.40% in the current market session to $88.48, with a modest increase over the past month but a decline over the past year. The company's P/E ratio is lower than the industry average, which could indicate either undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:15 pm

EADSY

Thai Airways International Pcl is planning a major fleet expansion by acquiring up to 90 aircraft from Airbus SE (OTC:EADSY) and Boeing Co (NYSE:BA). The order includes up to 80 twin-aisle jets and negotiations for leasing around a dozen narrowbody aircraft. The deliveries are expected to start in 2026, with Thai Airways potentially acquiring up to 40 Boeing 787 Dreamliners. Boeing shares saw a slight decrease of 0.15% to $217.38.

Portfolio Pulse from Shivani Kumaresan

November 24, 2023 | 5:08 pm

CIG

B of A Securities has downgraded Cia Energetica DE Minas (NYSE:CIG) from its previous rating to Neutral, adjusting the price target from $3.20 to $2.60. CIG's shares have fallen 3.95% in the last 24 hours to $2.19. The new price target suggests an 18.72% upside potential. Cia Energetica DE Minas is a Brazilian power company with operations in Brazil and Chile, generating revenue mainly from electricity sales.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

TCBI

RBC Capital has maintained its Sector Perform rating for Texas Capital Bancshares (NASDAQ:TCBI) but lowered its price target from $66.00 to $61.00. TCBI shares are currently trading at $54.30, and the new price target suggests a potential upside of 12.34%. Texas Capital Bancshares is a secured lender operating mainly in Texas' major metropolitan areas.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

BRBR

Truist Securities has reaffirmed its Buy rating on BellRing Brands (NYSE:BRBR) and increased its price target from $45.00 to $55.00. BellRing Brands' stock is currently trading at $50.71, and the new price target suggests an 8.46% upside potential. BellRing Brands offers nutrition products through brands like Premier Protein, Dymatize, and PowerBar, distributed across various channels.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

AEO

Morgan Stanley has maintained its Underweight rating for American Eagle Outfitters (NYSE:AEO) and reduced its price target from $14.00 to $13.00. AEO's shares are currently trading at $16.75, and the new price target suggests a potential decline of 22.39%. American Eagle Outfitters is a retailer with the majority of its revenue from the U.S., operating both physical stores and an online business.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

ALLT

Needham has reaffirmed its Buy rating on Allot (NASDAQ:ALLT) but reduced its price target from $4.00 to $2.50. Despite the lower target, the new price still suggests a significant upside of 83.82% from the current share price of $1.36. Allot Ltd provides network intelligence and security solutions and is utilized by service providers and enterprises globally.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

AMZN

BITF

CUEN

FLJ

ICLK

IMPL

IRBT

U.S. stocks showed mixed performance with the Dow Jones gaining, while the NASDAQ and S&P 500 fell slightly. Energy shares surged, but communication services shares declined. The U.S. services PMI rose to 50.8, indicating expansion. FLJ Group announced an acquisition agreement, boosting its shares by 68%. iRobot shares increased by 33% as Amazon's acquisition is close to EU approval. iClick Interactive also rose after a merger deal. Conversely, Impel Pharmaceuticals, Cuentas, and Bitfarms shares fell following various company-specific news. Oil prices edged lower, while gold and silver rose.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 4:56 pm