Streetbeat News

Stock Prices

FLYW

Analyst ratings for Flywire (NASDAQ:FLYW) have shown diverse outlooks, ranging from bullish to bearish over the last three months. Recent updates indicate a positive trend, with an average 12-month price target of $33.00, reflecting a 6.04% increase from the previous target of $31.12. Analysts from firms including Citigroup, Morgan Stanley, UBS, Goldman Sachs, RBC Capital, Truist Securities, JP Morgan, and Deutsche Bank have adjusted their ratings and price targets, generally showing optimism towards Flywire's future performance. Flywire's financials reveal a revenue growth of 37.63% over the past 3 months, with a market capitalization below industry averages, a net margin of 1.28%, ROE of 0.16%, ROA of 0.12%, and a debt-to-equity ratio of 0.0.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 6:00 pm

DIA

GLD

IWM

QQQ

SPY

The Federal Reserve has decided to leave the interest rate unchanged, impacting various sectors and investment vehicles. This decision is likely to influence the performance of major ETFs such as DIA, GLD, IWM, QQQ, and SPY in the short term.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 6:00 pm

MSFD

MSFT

MSFU

Microsoft Corporation (NASDAQ:MSFT) is trading slightly higher, approaching its all-time high ahead of the Federal Reserve meeting. It's favored by investors on the r/investing subreddit for its cross-industry dominance and growth potential. The market's reaction to the Fed's policy statement could influence Microsoft's stock direction. Bullish traders can use Direxion Daily MSFT Bull 1.5X Shares (NASDAQ:MSFU) and bearish traders have Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) as options.

Portfolio Pulse from Melanie Schaffer

March 20, 2024 | 5:54 pm

BAC

JPM

RDDT

Reddit, Inc. (NYSE:RDDT) is expected to price its IPO at the top of the target range of $31 to $34 per share or higher, with 22 million shares offered. The IPO is led by Morgan Stanley, Goldman Sachs, JPMorgan Chase & Co., and Bank of America Corp. It's oversubscribed by up to five times, indicating strong interest. Reddit has also reserved 8% of its IPO shares for 'super users' and retail investors.

Portfolio Pulse from Erica Kollmann

March 20, 2024 | 5:54 pm

SOUN

SoundHound AI's stock (SOUN) trades lower following a downgrade by Cantor Fitzgerald from Overweight to Underweight, with a reduced price target from $5.8 to $4.9.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 5:45 pm

RGF

The Real Good Food shares dropped following a downgrade by B. Riley Securities from Buy to Neutral, with a price target reduction from $6 to $0.50.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 5:37 pm

BAX

BIIB

CVS

DHR

HCA

IBRX

LLY

NVO

TMO

VKTX

Today's session highlighted significant options activity in the Health Care sector, with notable trades on stocks like BAX, VKTX, CVS, LLY, IBRX, NVO, BIIB, DHR, HCA, and TMO. The activity ranged from bearish to bullish sentiments, involving both put and call options with varying expiration dates and strike prices. This options activity could indicate traders' expectations for these stocks' future movements.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:35 pm

AMZN

CZR

GES

PDD

PLNT

RIVN

TSLA

YUMC

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable movements in stocks like RIVN, CZR, TSLA, PDD, PLNT, AMZN, GES, F, YUMC, and HD. The activity ranged from bullish to bearish sentiments, involving both call and put options across various expiration dates and strike prices. This could indicate potential trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:35 pm

AMD

CSCO

DOCN

MSFT

MSTR

NVDA

SMCI

TSM

WOLF

Today's session highlighted significant whale activity in the options market for 10 Information Technology stocks, indicating potential trading opportunities. The activity involved both call and put options with varying sentiments across stocks like NVDA, AMD, MU, SMCI, WOLF, DOCN, MSFT, TSM, MSTR, and CSCO. These movements suggest traders are actively positioning in anticipation of future price movements.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:35 pm

WORX

SCWorx shares are experiencing an increase in trading volume and price without any fundamental company-specific news. The stock's activity has been highlighted on social media.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 5:32 pm