Streetbeat News

Stock Prices

IMGN

ImmunoGen shares have resumed trading after a temporary halt. The resumption of trading allows investors to buy and sell ImmunoGen stock once again.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:00 pm

COST

Over the last 3 months, 25 Wall Street analysts have provided ratings for Costco Wholesale (NASDAQ:COST), with an average price target of $597.6, representing an upside from the current price of $587.38. The consensus among these analysts is leaning towards bullish, with 6 bullish, 16 somewhat bullish, and 3 indifferent ratings. There have been no bearish or somewhat bearish ratings. The current average price target has increased by 4.17% from the previous target of $573.69.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:00 pm

LSCC

Over the past 3 months, 11 Wall Street analysts have published their opinions on Lattice Semiconductor (NASDAQ:LSCC), with 6 giving a bullish rating, 3 somewhat bullish, and 2 indifferent. The average 12-month price target for LSCC is $83.18, with a high of $110.00 and a low of $70.00, representing a 16.46% decrease from the previous target of $99.57.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:00 pm

ALLY

Over the last quarter, 8 analysts have provided ratings for Ally Financial (NYSE:ALLY), with an average price target of $32.5, representing an implied upside from the current price of $29.07. The distribution of ratings includes 2 bullish, 2 somewhat bullish, 3 indifferent, 1 somewhat bearish, and 0 bearish. The current average price target has decreased by 5.33% from the previous average of $34.33. Analysts typically update their ratings quarterly based on company performance, financial statements, and insider communications.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:00 pm

KIRK

Kirkland's Inc (NASDAQ:KIRK) reported Q3 FY23 sales of $116.4 million, below the consensus of $121.0 million. The adjusted EPS loss of $(0.45) was better than the expected $(0.53) loss. Comparable same-store sales decreased by 9.2%, with e-commerce sales down 8.5% Y/Y. Gross profit margin improved to 26.3% from 25.0% due to better merchandise margin. Adjusted EBITDA loss widened to $(3.2) million from $(1.7) million Y/Y. The company has $5.8 million in cash and $62.0 million in debt. Interim CEO Ann Joyce expects improved profitability in Q4 and a return to historical average adjusted EBITDA margin. Kirkland's stock has lost 26.1% YTD but is trading up 7.82% at $2.62 in premarket.

Portfolio Pulse from Anusuya Lahiri

November 30, 2023 | 12:59 pm

OKTA

TD Cowen analyst Shaul Eyal has downgraded Okta (NASDAQ:OKTA) from Outperform to Market Perform and reduced the price target from $100 to $74, indicating a more cautious view on the stock's future performance.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:51 pm

IP

KALU

KRO

The article discusses three high-yielding dividend stocks in the materials sector, as rated by Wall Street's most accurate analysts according to Benzinga's Analyst Stock Ratings. Kronos Worldwide, Inc. (KRO) has a dividend yield of 8.68% but recently reported a net loss, leading to mixed analyst ratings and price target cuts. Kaiser Aluminum Corporation (KALU) offers a 5.34% dividend yield, but faced downbeat sales in the third quarter, with analysts maintaining Neutral and Buy ratings. International Paper Company (IP) has a 5.17% dividend yield and reported third-quarter sales that missed consensus, resulting in adjusted price targets and maintained ratings.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 12:49 pm

OKTA

Wells Fargo analyst Andrew Nowinski has downgraded Okta (NASDAQ:OKTA) from Overweight to Equal-Weight and reduced the price target from $80 to $70.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:49 pm

IMGN

Immunogen shares are set to resume trading at 8:00 A.M. ET after a halt.

Portfolio Pulse from Charles Gross

November 30, 2023 | 12:46 pm

GOOG

GOOGL

HOOD

Robinhood Markets, Inc. (NASDAQ:HOOD) is planning to launch its online investment app in the U.K. in early 2024, offering 6,000 U.S. stocks and 24-hour trading. This marks Robinhood's third attempt at international expansion after previous setbacks. The company faced challenges in the U.S., including fines and scrutiny over its practices. Robinhood will not offer payment-for-order-flow in the U.K. and plans to generate revenue through other services. Ark Fintech Innovation ETF purchased Robinhood shares, while Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) sold all its remaining shares. HOOD shares were up 3.25% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 30, 2023 | 12:46 pm