Streetbeat News

Stock Prices

COF

SNAP

TGT

Insiders at Snap Inc., The Home Depot, Target Corporation, and Capital One Financial have recently sold shares of their companies. Snap's CFO sold shares amid a small number of layoffs and company reorganization. Home Depot's SVP-Finance, CAO & Controller sold shares after reporting strong Q3 results. Target's Executive Officer sold shares also following better-than-expected Q3 results. Capital One Financial's Director sold shares after the company reported positive Q3 financials. Insider sales can indicate various sentiments and should not be the sole basis for investment decisions.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 12:48 pm

PXS

Pyxis Tankers (NASDAQ:PXS) reported Q3 earnings of $0.26 per share, surpassing the $0.19 estimate, and sales of $11.10M, exceeding the $8.25M estimate. However, these figures represent a decrease from the same period last year, with earnings down 38.1% and sales down 34.71%.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:46 pm

UUU

Universal Security (AMEX:UUU) reported a significant decrease in Q2 earnings and sales year-over-year, with EPS dropping to $(0.08) from $0.09 and sales falling to $3.72M from $5.86M.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:37 pm

ALZN

Alzamend Neuro Inc (NASDAQ:ALZN) has received a 'Study May Proceed' letter from the FDA to initiate a Phase 2A clinical study of AL001 for major depressive disorder (MDD). The company's CEO, Stephan Jackman, highlighted the potential of AL001 as a next-generation lithium product that may not require routine therapeutic drug monitoring, which could be a significant improvement for MDD treatments. Alzamend's Phase IIA study of AL001 in Alzheimer's patients indicated a benign safety profile. The first patient for the MDD study is expected to be dosed in Q1 2024. ALZN shares closed at $1.69 on Friday.

Portfolio Pulse from Vandana Singh

November 20, 2023 | 12:31 pm

MSFT

NVDA

QQQ

SPY

U.S. stock futures indicate a positive start to the week, with attention on Nvidia's earnings and Microsoft's AI team changes. Energy stocks may rise with oil prices, while bond yields are slightly up. The S&P 500 is close to its record high, with LPL Financial suggesting a new high is possible. SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket gains. Microsoft and Boeing stocks are up in premarket trading, while Agilent Technologies and Zoom Video are set to report earnings. Oil prices and Bitcoin are up, while Asian markets are mixed and European stocks show mixed performance.

Portfolio Pulse from Shanthi Rexaline

November 20, 2023 | 12:25 pm

SKWD

Raymond James analyst C. Gregory Peters has reaffirmed a Strong Buy rating on Skyward Specialty (NASDAQ:SKWD) and increased the price target from $30 to $36.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:23 pm

GGB

B of A Securities analyst Caio Ribeiro downgraded Gerdau (NYSE:GGB) from Buy to Neutral and reduced the price target from $5.6 to $5.1.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:15 pm

Boeing's stock (BA) has seen an increase in its trading price following an upgrade from Deutsche Bank, which changed its recommendation from Hold to Buy.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:12 pm

AAP

GDRX

KLIC

META

NVDA

Wall Street analysts with high accuracy rates have made recent stock picks with varying price targets. Stifel's Mark Kelley sees a 21% surge in Meta Platforms (META), while Wells Fargo's Zachary Fadem predicts an 18% upside for Advance Auto Parts (AAP) despite a recent loss. JP Morgan's Doug Anmuth maintains a Neutral rating on GoodRx (GDRX) with an 11% upside, and Wedbush's Matt Bryson reiterates an Outperform rating on NVIDIA (NVDA) with a 22% upside. B. Riley Securities' Craig Ellis maintains a Neutral rating on Kulicke and Soffa (KLIC) with an 11% upside after strong earnings.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 12:12 pm

MSFT

Microsoft's stock is trading higher following the announcement that CEO Satya Nadella has appointed Sam Altman and Greg Brockman to lead a new advanced AI research team.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:11 pm