Streetbeat News

Stock Prices

NXPI

NXP Semiconductors (NASDAQ:NXPI) has outperformed the market over the past 10 years by 8.62% on an annualized basis, producing an average annual return of 18.15%. If an investor had bought $100 of NXPI stock 10 years ago, it would be worth $516.38 today.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 9:00 pm

GFL

Over the past 3 months, 4 analysts have published their opinion on GFL Environmental (NYSE:GFL) stock. The average price target is $47.5, representing a 6.86% decrease from the previous average price target of $51.00. The ratings are predominantly bullish.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 9:00 pm

AVTBF

Canadian cannabis company Avant Brands Inc. reported its Q3 2023 financial results, with net revenue of CA$6.5 million ($4.8 million), up 64% YoY but down 18.75% sequentially. The company also reported its 5th consecutive quarter of positive cash flow from operations. The company's stock closed 1.13% higher at $0.13 per share.

Portfolio Pulse from Nina Zdinjak

October 17, 2023 | 8:53 pm

CVS

A significant amount of unusual options activity has been detected for CVS Health (NYSE:CVS), with a majority of investors taking a bearish stance. Of the 11 strange trades detected, 63% were bearish and 36% bullish. The total amount for the 8 puts was $418,270 and for the 3 calls was $102,097. Whales have been targeting a price range from $70.0 to $90.0 for CVS Health over the last 3 months. Evercore ISI Group upgraded its action to Outperform with a price target of $83.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 8:45 pm

TFC

A significant investor has taken a bearish stance on Truist Financial Corp (NYSE:TFC), with 59% of recent trades being bearish. The investor has been targeting a price range of $25.0 to $32.5 for Truist over the last 3 months. However, the stock is currently up 3.0% at $29.87, and RSI indicators suggest it may be approaching overbought. Analysts from Keefe, Bruyette & Woods, Morgan Stanley, and Raymond James have given the stock Outperform and Equal-Weight ratings, with price targets ranging from $34 to $40.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 8:45 pm

SLB

A significant amount of unusual options activity has been observed for Schlumberger Limited (NYSE:SLB), with a mix of bullish and bearish expectations. Whales have been targeting a price range from $48.0 to $67.5 for SLB over the last 3 months. The price of SLB is currently up 1.33% at $60.24. Analysts from Raymond James and Citigroup maintain their 'Buy' rating on SLB with price targets of $68 and $70 respectively, while Societe Generale downgraded its action to 'Buy' with a price target of $81.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 8:45 pm

DMK

DMK Pharmaceuticals received a notice from Nasdaq on October 11, stating that the company's common stock is subject to delisting unless the company requests a hearing before a panel in a timely manner.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:41 pm

LBRT

Liberty Energy Inc. (NYSE:LBRT) has announced a 40% increase in its quarterly cash dividend from $0.05 to $0.07 per share. The dividend will be paid on December 20, 2023 to holders of record as of December 6, 2023. The increase is in response to significant growth in per share earnings and cash generating abilities from the company's business transformation over the last three years.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:36 pm

SPY

USO

The American Petroleum Institute (API) reported a weekly crude oil stock draw of 4.383 million barrels, which is more than the estimated draw of 1.267 million barrels. This is a significant change from the prior week's build of 12.940 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:35 pm

EIS

The ongoing Israel-Hamas conflict has resulted in a significant loss of life, with a recent Israeli strike on a Gaza hospital causing approximately 200 to 300 deaths. The situation has led to international condemnation and a three-day mourning period declared by the Palestinian Authority. The conflict has also impacted Israeli-related stocks, with the iShares MSCI Israel ETF (NYSE:EIS) falling for the fifth consecutive day. The Israeli shekel has halted a six-day losing streak against the dollar.

Portfolio Pulse from Piero Cingari

October 17, 2023 | 8:32 pm