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AMZN

BofA Securities analyst Justin Post reiterated a Buy rating on Amazon (AMZN) with a price target of $174.00. He expects Q3 revenue and profit to be slightly above the street view at $142 billion and $8 billion, respectively. AWS revenue growth is the top Q3 metric, with Q3 beat possible as online spending was up 1% y/y in Q3. For Q4, revenue is expected to be at $169.3 billion versus the $166.5 billion consensus. The two tenets for bulls on Amazon stock in 2024 are AWS acceleration to high teens and NA retail margin improvement to about 5%.

Portfolio Pulse from Shivani Kumaresan

October 23, 2023 | 3:32 pm

TRKA

Troika Media Group reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 3:31 pm

BN

Brookfield (NYSE:BN) has outperformed the market over the past 20 years, producing an average annual return of 12.32%. If an investor had bought $1000 of BN stock 20 years ago, it would be worth $10,243.75 today. The company currently has a market capitalization of $50.02 billion.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:31 pm

BX

A significant bearish stance has been taken on Blackstone (NYSE:BX) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 43% bullish and 56% bearish. The targeted price range for Blackstone over the last 3 months has been $100.0 to $120.0. Analysts from Wells Fargo, BMO Capital, Barclays, HSBC, and Morgan Stanley have maintained their ratings on Blackstone, with price targets ranging from $94 to $120.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:30 pm

BDX

Becton Dickinson (NYSE:BDX) has outperformed the market over the past 20 years by 3.26% on an annualized basis, producing an average annual return of 10.44%. If an investor had bought $100 of BDX stock 20 years ago, it would be worth $723.24 today.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:30 pm

LRCX

A significant amount of unusual options activity has been observed for Lam Research (NASDAQ:LRCX), with both bullish and bearish stances taken by investors. The trades have targeted a price range from $400.0 to $720.0 for Lam Research over the last 3 months. The current price of LRCX is $601.34, up 0.16%. Analysts from B. Riley Securities, JP Morgan, Needham, and UBS have maintained or upgraded their ratings on Lam Research, with price targets ranging from $700 to $800.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:30 pm

NM

Navios Maritime has announced a definitive merger agreement, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 3:30 pm

CCL

Carnival Corp's Form4 filing with the SEC shows that Randall J Weisenburger purchased 100,000 shares of the company's stock at a price of $11.50 per share.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 3:26 pm

MGM

HSBC has initiated coverage on MGM Resorts with a Buy rating and a price target of $49. This has led to a rise in MGM Resorts' shares.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 3:21 pm

ALGS

Aligos Therapeutics has announced $92 million in private placement financing, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 3:20 pm