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Stock Prices

LLY

Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Eli Lilly (NYSE:LLY) and maintained a price target of $630.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 7:31 pm

AMAT

Applied Materials Inc (NASDAQ:AMAT) shares fell after Q4 earnings due to a report of a criminal investigation for potentially avoiding export restrictions to China's SMIC. Analysts from Goldman Sachs, Needham, Mizuho Securities, and Stifel reiterated Buy ratings with price targets ranging from $156 to $180, citing a strong quarter and market share outlook. Concerns over the investigation's impact on valuation and potential US sanctions were noted, but the company's long-term position remains strong with expected growth in foundry/logic and NAND.

Portfolio Pulse from Surbhi Jain

November 17, 2023 | 7:30 pm

AMSWA

BBLG

BKE

CHPT

CYTO

GPS

TWST

The S&P 500 saw a slight increase, with energy shares leading the gains and communication services shares lagging. The Buckle, Inc. (BKE) shares surged over 8% after reporting Q3 earnings that beat EPS estimates but missed on sales. Gap Inc. (GPS) shares also jumped 31% following strong Q3 results. Altamira Therapeutics Ltd. (CYTO) saw a 259% increase after selling a majority stake in a subsidiary. Twist Bioscience Corporation (TWST) shares rose 29% after positive quarterly results. American Software, Inc. (AMSWA) shares fell 10% due to disappointing revenue guidance and a price target cut. Bone Biologics Corporation (BBLG) shares dropped 31% after announcing a priced offering. ChargePoint Holdings, Inc. (CHPT) fell 35% after preliminary results and a CEO transition announcement.

Portfolio Pulse from Lisa Levin

November 17, 2023 | 7:30 pm

AMP

Ameriprise Financial (NYSE:AMP) has delivered an average annual return of 12.55% over the past decade, outperforming the market by 2.92% annually. A $100 investment in AMP stock 10 years ago would be worth $330.35 today. The company's current market capitalization stands at $35.26 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 7:30 pm

INFY

Over the past 20 years, Infosys (NYSE:INFY) has delivered an average annual return of 10.11%, outperforming the market by 2.6% on an annualized basis. A $1000 investment in INFys 20 years ago would be worth $6,867.26 today. Infosys currently has a market capitalization of $71.48 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 7:30 pm

MGM

PENN

MGM Resorts International (MGM) and PENN Entertainment, Inc (PENN) have reached a tentative agreement for a new contract with the Detroit Casino Council, covering 3,700 workers. The five-year deal ends the first casino strike in Detroit's history. The contract aims to provide high-paying jobs with good benefits, addressing inflation and job protections. The unions will continue to strike until the members ratify the settlement. MGM and PENN shares saw a slight decline in the latest trading session.

Portfolio Pulse from Nabaparna Bhattacharya

November 17, 2023 | 7:28 pm

BBWI

Evercore ISI Group analyst Warren Cheng has maintained an In-Line rating on Bath & Body Works (NYSE:BBWI) but has lowered the price target from $40 to $30.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 7:22 pm

IBM

TSLA

Elon Musk's reply to an antisemitic post on Twitter has sparked backlash, drawing criticism from investors, advertisers, and the White House. IBM paused its Twitter advertising, which could impact Tesla's brand and share price. Tesla investor Ross Gerber and Citron Research expressed concerns over Musk's behavior affecting Tesla negatively. The EU is also targeting Twitter over misinformation, with Musk considering removing the platform from Europe.

Portfolio Pulse from Chris Katje

November 17, 2023 | 7:18 pm

WMT

Evercore ISI Group analyst Greg Melich has maintained an Outperform rating on Walmart (NYSE:WMT) but has reduced the price target from $187 to $177.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 7:17 pm

WSM

Evercore ISI Group analyst Greg Melich has maintained an In-Line rating on Williams-Sonoma (NYSE:WSM) and increased the price target from $160 to $175. This adjustment reflects a positive outlook on the company's stock value.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 7:14 pm