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INDI

indie Semiconductor has announced that it expects its Q3 revenue to exceed $60 million. This news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 6:13 pm

PGR

The Progressive Corporation reported stronger-than-expected Q3 earnings, with an adjusted EPS of $2.09, beating the consensus estimate of $1.72. The company's quarterly net premiums increased by 20% Y/Y to $14.89 billion. Following the earnings announcement, analysts from Raymond James and BMO Capital raised their price targets on Progressive.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 6:11 pm

HRMY

Harmony Biosciences' stock is trading higher after a drop on Friday due to Phase 3 INTUNE study data.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 6:05 pm

OSTK

JAT Capital Management has reported a 9.1% stake in Overstock.Com, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 6:01 pm

DDOG

A whale investor has taken a bullish stance on Datadog (NASDAQ:DDOG), with 54% of investors opening trades with bullish expectations and 45% with bearish. The whale has been targeting a price range from $65.0 to $105.0 for Datadog over the last 3 months. Piper Sandler upgraded its action to Overweight with a price target of $115, while UBS and B of A Securities downgraded their actions to Neutral with price targets of $100 and $105 respectively.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 6:01 pm

SPY

USO

The U.S. Energy Information Administration (EIA) has projected a decrease in total shale oil production across all regions in November by approximately 51,000 barrels per day, reaching 9.553 million barrels per day. This is a larger decrease compared to the 45,000 barrels per day fall in October.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 6:01 pm

NKE

A significant amount of unusual options activity has been detected for Nike (NYSE:NKE), with a bearish stance being taken by a majority of investors. Of the 17 strange trades detected, 35% were bullish and 64% were bearish. The total amount for puts was $545,467 and for calls was $695,610. The price target range for Nike over the last 3 months has been between $80.0 and $105.0. The current price of NKE is up 2.57% at $102.48. Several financial institutions have given their ratings and price targets for Nike.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 6:01 pm

SYY

Over the past 3 months, 5 analysts have published their opinion on Sysco (NYSE:SYY) stock. The analysts have an average price target of $85.6 versus the current price of Sysco at $64.4, implying upside. This average price target has increased by 1.9% over the past month.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 6:00 pm

GATX

GATX (NYSE:GATX) has received two somewhat bullish and three indifferent analyst ratings in the last quarter. The average 12-month price target for GATX has increased by 4.09% from $127.00 to $132.2, according to five analysts.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 6:00 pm

EXAS

Over the past 3 months, 9 analysts have published their opinion on Exact Sciences (NASDAQ:EXAS) stock. The average price target for the stock is $98.22, with a high of $121.00 and a low of $80.00. The average price target has increased by 11.98% over the past month.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 6:00 pm