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Stock Prices

NOGN

Alliance Global Partners analyst Brian Kinstlinger has downgraded Nogin (NASDAQ:NOGN) from Neutral to Sell, indicating a negative outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:18 pm

IP

International Paper (IP) shares are trading higher following a positive industry report on Packaging Corp., which indicated an increase in linerboard and semi-chem medium prices, suggesting a favorable market environment for paper and packaging companies.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:18 pm

BIDU

Susquehanna analyst Shyam Patil has maintained a Positive rating on Baidu (NASDAQ:BIDU) but has lowered the price target from $175 to $150.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:11 pm

PKG

Packaging Corp. (PKG) shares are trading higher following the announcement of a price increase for linerboard and semi-chem medium to its customers.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:10 pm

CHH

WH

Choice Hotels International, Inc. (CHH) is actively pursuing an $8 billion acquisition of Wyndham Hotels & Resorts, Inc. (WH), having bought shares in the open market to gain a shareholder position. Choice plans to nominate directors to Wyndham's board and is preparing a tender offer for Wyndham's shares. Wyndham has been resistant but is open to discussions if its concerns are addressed. Choice previously made a public offer of $90 per share after a private $80-per-share bid was rejected. CHH's stock dropped by 0.83% to $113.19.

Portfolio Pulse from Shivani Kumaresan

November 27, 2023 | 5:09 pm

PINS

Pinterest shares are trading higher following a Buy rating initiation and a $48 price target from New Street Research.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:07 pm

DPZ

Domino's Pizza (DPZ) stock is trading higher following an upgrade in price target from $410 to $430 by TD Cowen.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:05 pm

AMT

CCI

SBAC

XHB

XLRE

The U.S. housing market in October 2023 showed mixed signals with a 5.6% decrease in new single-family home sales from September, but a 17.7% increase year-over-year. Median sales prices stood at $409,300, and inventory at 439,000. Building permits rose by 1.8% from the previous month. Real estate stocks had varied responses, with the Real Estate Select Sector SPDR Fund (XLRE) up by 0.4% and the SPDR S&P Homebuilders ETF (XHB) down by 0.3%. Crown Castle Inc. (CCI), SBA Communications Corporation (SBAC), and American Tower Corporation (AMT) saw share increases.

Portfolio Pulse from Piero Cingari

November 27, 2023 | 5:04 pm

CNI

Shares of Canadian National Railway (CNI) are trading lower following a downgrade by Deutsche Bank from 'Buy' to 'Hold'. Additionally, Deutsche Bank reduced its price target for CNI from $125 to $121.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:03 pm

ROKU

Roku's stock is experiencing an uptick following an upgrade from Neutral to Buy by Cannonball Research, which also set a new price target of $116.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:01 pm