Streetbeat News

Stock Prices

Goldman Sachs analyst Kate McShane has maintained a Sell rating on Foot Locker (NYSE:FL) but increased the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:40 pm

CRWD

Goldman Sachs analyst Gabriela Borges has reaffirmed a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $195 to $222.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:39 pm

DTI

MPC

NRT

PFIE

SND

Benzinga Insights has identified 5 value stocks in the energy sector based on low P/E ratios, indicating potential undervaluation. Profire Energy (PFIE), Drilling Tools Intl (DTI), North European Oil (NRT), Marathon Petroleum (MPC), and Smart Sand (SND) have P/E multiples ranging from 2.45 to 8.95. Recent earnings reports show mixed results, with some companies reporting increased earnings per share (EPS) and others reporting decreases. Dividend yields have also varied, with some companies showing a decrease in yield.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:39 pm

FIVE

Five Below, Inc. (NASDAQ:FIVE) exceeded Q3 earnings and sales expectations, reporting earnings of 26 cents per share and sales of $736.40 million, against consensus estimates of 23 cents and $725.38 million, respectively. The company forecasts Q4 net sales between $1.32 billion and $1.35 billion, and full-year net sales between $3.54 billion and $3.57 billion. Following the earnings report, Wells Fargo, Citigroup, and Telsey Advisory Group raised their price targets for Five Below, with the stock rising 2.2% to $70.77.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 2:34 pm

BTCUSD

ETHUSD

Bitcoin and Ethereum experienced losses, with Bitcoin falling below the $38,000 threshold and Ethereum staying above $2,000. The U.S. personal consumption expenditure price index was flat month-over-month in October, with annual core PCE inflation easing to 3.5%. The global crypto market cap declined by 0.7% over 24 hours. IOTA was the top gainer, while Sei was the biggest loser among cryptocurrencies.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 2:33 pm

BLK

Goldman Sachs analyst Alexander Blostein has reaffirmed a Buy rating on BlackRock (NYSE:BLK) and increased the price target from $719 to $793.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:33 pm

USO

OPEC+ has reportedly reached a consensus on reducing oil output, according to Reuters citing two sources. This decision could potentially affect global oil supply and prices.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:30 pm

FRO

Frontline Plc (NYSE:FRO) reported a slight revenue decline in Q3 FY23 but beat revenue consensus estimates. However, the company missed adjusted EPS expectations and anticipates lower spot TCEs in Q4. Frontline also announced the purchase of 24 VLCCs, expecting to increase its tanker footprint by over 30%. Despite positive operating cash flow and a declared dividend, FRO shares dropped by 7.27% in premarket trading.

Portfolio Pulse from Akanksha Bakshi

November 30, 2023 | 2:30 pm

ABT

BUD

CTLT

RIOT

STZ

VSH

Jim Cramer, on CNBC's 'Mad Money Lightning Round,' recommended buying Vishay Intertechnology (VSH), Abbott Laboratories (ABT), and Moelis & Company (MC) citing their current low prices and high quality. He advised against investing in Riot Platforms (RIOT), suggesting owning Bitcoin directly instead, and recommended selling Anheuser-Busch InBev (BUD) in favor of buying Constellation Brands (STZ). Cramer also recommended staying away from Catalent (CTLT). The article includes recent price actions of these stocks.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 2:26 pm

DIS

Nelson Peltz is seeking two seats on Disney's board, as reported live on CNBC. Following the news, Disney's shares moved higher.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:26 pm