Streetbeat News

Stock Prices

IMGN

STRO

Oppenheimer analysts have initiated coverage on Sutro Biopharma Inc (STRO) with an Outperform rating and a price target of $10, indicating a potential upside of around 200%. The analysts view Sutro as a unique clinical-stage company pioneering the development of next-generation antibody-drug conjugates (ADCs). The company's lead asset, luveltamab tazivibulin (luvelta), is a promising ADC for platinum-resistant ovarian cancer (PROC), potentially gaining a competitive edge over ImmunoGen Inc's (IMGN) Elahere.

Portfolio Pulse from Vandana Singh

October 06, 2023 | 6:05 pm

DIS

Walt Disney Co (NYSE:DIS) shares are trading higher after Bernstein initiated coverage on the company with an Outperform rating and a $103 price target. The rise in Disney's stock is also attributed to a decrease in Treasury yields, which makes it cheaper for companies to borrow money. This can reduce Disney's interest expenses when raising capital for new projects, acquisitions, or debt refinancing. Lower interest rates can also boost consumer spending on Disney's products and services.

Portfolio Pulse from Henry Khederian

October 06, 2023 | 6:04 pm

AMD

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading higher amid a rebound in tech stocks and a pullback in Treasury yields. Lower competition from fixed-income investments can drive up demand for stocks. High growth and technology stocks like AMD are often sensitive to changes in interest rates. A pullback in yields can support higher valuations for growth stocks.

Portfolio Pulse from Henry Khederian

October 06, 2023 | 6:03 pm

WEC

WEC Energy Group (NYSE:WEC) has outperformed the market over the past 20 years, producing an average annual return of 8.59%. If an investor had bought $1000 of WEC stock 20 years ago, it would be worth $5,190.98 today.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 6:01 pm

IPG

Over the past 3 months, 6 analysts have published their opinion on Interpublic Gr of Cos (NYSE:IPG) stock. The company has an average price target of $39.5, a decrease of 6.69% from the previous average price target of $42.33. The ratings include 2 bullish, 1 somewhat bullish, and 3 indifferent.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 6:00 pm

FRO

In the last quarter, Frontline (NYSE:FRO) received indifferent ratings from 4 analysts. The company's average 12-month price target is $18.05, a decrease of 5.99% from the previous average price target of $19.20.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 6:00 pm

OWL

Blue Owl Cap (NYSE:OWL) has received positive analyst ratings in the last quarter, with one bullish and four somewhat bullish ratings. The average 12-month price target for the company has increased by 9.76% from the previous average, now standing at $17.2.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 6:00 pm

HAS

Over the past 3 months, 7 analysts have published their opinion on Hasbro (NASDAQ:HAS) stock. The company has an average price target of $84.57, up by 9.26% from the previous average price target of $77.40. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 6:00 pm

SKWD

Skyward Specialty (NASDAQ:SKWD) has received various analyst ratings in the last quarter, with 1 bullish, 3 somewhat bullish, and 2 indifferent. The average 12-month price target for the company, according to 6 analysts, is $29.83, an increase of 6.54% from the previous average of $28.00.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 6:00 pm

BLK

BlackRock Inc.'s (NYSE:BLK) share price increased by 1.30% in the current market session, reaching $648.63. Despite a 6.08% decrease over the past month, the stock has risen by 18.90% over the past year. The company's P/E ratio of 18.7 is lower than the Capital Markets industry average of 40.77, suggesting that the stock may be undervalued or have weaker growth prospects.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 6:00 pm