Streetbeat News

Stock Prices

IGT

In the last quarter, 4 analysts have given bullish or somewhat bullish ratings to Intl Game Tech (NYSE:IGT), with an average price target of $44.5, implying an upside from the current price of $29.97. This average price target represents a 3.26% decrease from the previous average price target of $46.00.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 8:00 pm

IEX

In the last quarter, IDEX (NYSE:IEX) received 4 bullish analyst ratings. The company's average 12-month price target has increased by 6.3% from $234.00 to $248.75. No bearish or indifferent ratings were observed.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 8:00 pm

FSR

TSLA

Fisker Inc's shares fell 3.6% to $5.72 on Thursday without any specific company news. This decline is part of a broader trend in the electric vehicle (EV) industry, influenced by Tesla Inc's underwhelming third-quarter financial results. Tesla's performance can affect market sentiment towards the entire EV sector, potentially leading to a decline in Fisker's stock price as investors reevaluate their positions.

Portfolio Pulse from Henry Khederian

October 19, 2023 | 7:55 pm

BAC

Bank of America Corp (BAC) shares are trading lower by 1% to $27.04. The company exceeded expectations in its Q3 FY23 results, reporting a 10% YoY increase in net income to $7.8 billion, with EPS at $0.90, surpassing the consensus estimate of $0.81. Revenue also exceeded expectations, rising 3% YoY to $25.32 billion. The bank's net interest income grew by 4% YoY to $14.4 billion, driven by rising interest rates and strong loan growth.

Portfolio Pulse from Henry Khederian

October 19, 2023 | 7:48 pm

SLB

The short percent of float for Schlumberger Limited (NYSE:SLB) has risen by 4.05% since its last report, with 21.90 million shares sold short. This represents 1.54% of all regular shares available for trading. Short interest can act as an indicator of market sentiment towards a stock. An increase in short interest can signal that investors have become more bearish. However, SLB's peer group average for short interest as a percentage of float is 5.61%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 7:45 pm

ORLY

O'Reilly Automotive's (NYSE:ORLY) short percent of float has risen 18.42% since its last report, with 1.07 million shares sold short, which is 1.8% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, O'Reilly Automotive's short interest as a percentage of float is less, with an average of 12.69%.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 7:45 pm

ENOV

Enovis Corporation (NYSE:ENOV) shares are trading lower after the company announced a proposed private offering of $400 million of convertible senior notes and issued preliminary third-quarter results. The company plans to use a portion of the proceeds from the offering to fund the acquisition of LimaCorporate S.p.A. Preliminary Q3 results show revenues expected to be between $414 and $418 million, an increase of roughly 8 to 9% from the same period last year.

Portfolio Pulse from Ryan Gustafson

October 19, 2023 | 7:38 pm

POOL

Pool Corporation reported a year-over-year decrease in Q3 EPS results and revised its FY23 guidance downwards, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 7:38 pm

BLNK

CHPT

GOEV

HYZN

PEV

TSLA

WKHS

Shares of EV and charging stocks are trading lower following worse-than-expected Q3 financial results from Tesla.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 7:35 pm

NNDM

Nano Dimension Ltd (NASDAQ:NNDM) has received court approval for its $200 million share repurchase plan. The company is now authorized to repurchase stock in open market transactions, privately negotiated transactions, or through other legal methods. The buyback plan does not obligate Nano Dimension to repurchase any specific number of shares. The company's shares were up 9.27% at $2.71 at the time of publication.

Portfolio Pulse from Adam Eckert

October 19, 2023 | 7:35 pm