Streetbeat News

Stock Prices

AZZ

NEOG

PEP

SAR

PepsiCo, Saratoga Investment Corp., Neogen Corporation, PagerDuty, and AZZ Inc. are stocks to watch on Tuesday. PepsiCo and Saratoga reported positive Q3 earnings, leading to a rise in their pre-market shares. Neogen's shares fell after reporting its latest quarterly earnings. PagerDuty announced a proposed private placement of $350 million of convertible senior notes, leading to a decline in its shares. AZZ is expected to post quarterly earnings after the closing bell.

Portfolio Pulse from Lisa Levin

October 10, 2023 | 12:37 pm

AKRO

Akero Therapeutics reported a 36-week analysis of its Phase 2b SYMMETRY study evaluating the efficacy and safety of its lead product candidate efruxifermin. Following the news, the company's shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:36 pm

BLDP

Ballard Power Systems (NASDAQ:BLDP) has received multiple purchase orders for 177 hydrogen fuel cell engines from Solaris Bus & Coach. The orders include the supply of fuel cell engines for the largest announced deployment of a fleet of fuel cell city buses in Europe, with 127 Solaris fuel cell buses to be deployed in Bologna, Italy. Ballard also received orders for a further 50 modules to power Solaris fuel cell buses in Germany and Italy. Initial deliveries are expected in 2023, with the remainder to ship from 2024 through 2026.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:34 pm

JNJ

SOPA

Society Pass Inc. (NASDAQ:SOPA) plans to spin out its digital advertising ecosystem, Thoughtful Media Group Inc, and its online travel platform, NusaTrip Inc, into new publicly-traded companies via Nasdaq IPOs in 2024. The company believes this will unlock shareholder value as investors can more clearly evaluate the performance and future potential of these profitable businesses. The CEO of SoPa, Raynauld Liang, noted that this action follows the leads of Johnson & Johnson and Kellogg's spinning out operating subsidiaries.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:31 pm

SWKS

Citigroup has downgraded Skyworks' stock from Neutral to Sell and reduced its price target from $116 to $87. This has resulted in Skyworks' shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:30 pm

Unity Software has announced a CEO transition, which has led to its shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:28 pm

Hyatt Hotels' shares are trading higher following the announcement that the company will join the S&P MidCap 400.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:27 pm

SPY

USO

The Saudi Cabinet, following the OPEC+ Joint Ministerial Monitoring Committee (JMMC), has expressed its support for efforts to stabilize oil markets, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:26 pm

ATHX

Trading of Athersys shares has been temporarily halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 12:25 pm

ACAD

GLW

GOOGL

HOG

NEP

NTST

QRVO

RRC

SWKS

TSCO

Several analyst forecasts were released on Tuesday, with price target changes and rating adjustments for multiple companies. JP Morgan increased ACADIA Pharmaceuticals' price target and upgraded the stock, while Raymond James, Citigroup, and UBS cut price targets for Tractor Supply, Harley-Davidson, and NextEra Energy Partners respectively. Wells Fargo boosted Alphabet's price target, and B of A Securities raised Electronic Arts' price target and upgraded the stock. Citigroup lowered Skyworks Solutions' price target and downgraded the stock, while Mizuho raised Range Resources' price target. Citigroup cut Qorvo's price target and downgraded the stock, and B of A Securities slashed NETSTREIT's price target and downgraded the stock.

Portfolio Pulse from Lisa Levin

October 10, 2023 | 12:23 pm