Streetbeat News

Stock Prices

AAP

Advance Auto Parts reported lower than expected Q3 financial results and reduced its annual revenue and EPS outlook, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:53 am

JMIA

Jumia Technologies (NYSE:JMIA) reported Q3 sales of $44.90M, missing the consensus estimate of $46.17M by 2.75% and marking an 11.07% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:51 am

BJ

DG

DLTR

M

TGT

Retail store stocks are up following Target's better-than-expected Q3 results and holiday plans to offer over 10K items, including exclusives and many under $25.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:48 am

CHGG

Chegg, Inc. has announced a new $150 million accelerated share repurchase (ASR) agreement to buy back its shares, signaling confidence in the company's future and potentially increasing its earnings per share by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:48 am

AAP

Advance Auto Parts (AAP) reported a significant Q3 earnings miss with EPS of $(0.82), compared to the expected $1.45, marking a 142.71% decrease from the previous year. However, sales slightly exceeded expectations at $2.72B versus the estimated $2.68B, a 2.94% increase from the prior year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:45 am

TGT

Target Corporation's stock is trading higher following the release of their third-quarter financial results, which surpassed expectations. The company is preparing for the holiday season by offering over 10,000 items, with a focus on exclusive products and many options priced below $25.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:41 am

SKIN

Jefferies analyst Ashley Helgans has downgraded Beauty Health (NASDAQ:SKIN) from Buy to Hold and significantly reduced the price target from $11 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:40 am

ENR

RBC Capital analyst Nik Modi downgraded Energizer Holdings (ENR) from Outperform to Sector Perform and reduced the price target from $40 to $38.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:37 am

MT

ArcelorMittal SA (NYSE:MT) announced its entry into the additive manufacturing market as a steel powder supplier with plans to build an industrial-scale inert gas atomiser in Aviles, Spain. The facility, expected to start production in January 2024, will have an initial annual capacity of 1000 tonnes and aims to meet the high standards of the AdM industry. The company's recent Q3 FY23 earnings surpassed consensus estimates, and its shares saw a premarket increase of 2.55%.

Portfolio Pulse from Lekha Gupta

November 15, 2023 | 11:36 am

TGT

Target Corporation plans to offer over 10,000 new products for the upcoming holiday season, with a focus on affordability by pricing thousands of items under $25. The range will include many Target-exclusive products, aiming to attract more customers and drive sales during the critical holiday shopping period.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:34 am