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GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years by 4.82% on an annualized basis, producing an average annual return of 12.02%. If an investor had bought $100 of GILD stock 20 years ago, it would be worth $970.51 today.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 5:30 pm

PSA

Public Storage (NYSE:PSA) has outperformed the market over the past 20 years by 2.45% on an annualized basis, producing an average annual return of 9.64%. If an investor had bought $100 of PSA stock 20 years ago, it would be worth $630.08 today.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 5:30 pm

ACCD

OMAB

ORTX

SP

Several stocks experienced significant movement in Thursday's mid-day session. Orchard Therapeutics plc (ORTX) shares climbed 97.7% after agreeing to be acquired by Japan's Kyowa Kirin. SP Plus Corporation (SP) shares gained 47.5% after Metropolis Technologies announced it will acquire the company. Accolade Inc (ACCD) shares fell 9.9% after the company reported second-quarter results. Grupo Aeroportuario del Centro Norte (OMAB) shares dipped 39.6%.

Portfolio Pulse from Lisa Levin

October 05, 2023 | 5:23 pm

BABA

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CAOYF

EGRNF

SNCNF

TCOM

Citigroup has raised its growth forecast for China to 5% for 2023, citing improved retail sales and industrial production. This news, along with the approved restructuring of Sunac China Holdings Limited's debt, lifted Hong Kong stocks. However, most stocks failed to hold onto the gains. Alibaba and Trip.com rose in the morning session but ended around 0.5% lower. JD Logistics Inc. ended the day 0.7% higher, while Sunac's shares ended the day 6.3% higher. China Aoyuan Group Limited and China Evergrande Group Limited declined by 2.2% and 11%, respectively.

Portfolio Pulse from Daniel Harrison

October 05, 2023 | 5:08 pm

BECN

RBC Capital analyst Mike Dahl has upgraded Beacon Roofing Supply Inc (NASDAQ:BECN) from Sector Perform to Outperform, raising the price target from $91 to $94. Dahl is bullish due to strong residential roofing market fundamentals, lean inventories, and a robust growth outlook for Q4 FY23 and Q1 FY24. He also increased sales and EBITDA estimates for FY23 and FY24. However, he expressed concerns about the non-residential sector for FY24.

Portfolio Pulse from Lekha Gupta

October 05, 2023 | 5:05 pm

SHLS

Shoals Technologies Group's stock has been downgraded from Outperform to Market Perform by Northland Capital Markets, which also lowered its price target from $26 to $18. This has led to a decrease in the trading price of Shoals Technologies Group shares.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 5:03 pm

RUN

Keybanc has maintained an Overweight rating on Sunrun's stock but lowered its price target from $24 to $21. This has led to a decrease in Sunrun's share price.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 5:01 pm

AZO

Analysts have provided ratings for AutoZone (NYSE:AZO) within the last quarter, with 3 bullish, 4 somewhat bullish, and 1 indifferent. The average price target is $2803.25, implying an upside from the current price of $2497.12. The average price target has increased by 0.85% over the past month.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 5:01 pm

ST

In the last quarter, Sensata Technologies (NYSE:ST) received one bullish and three indifferent analyst ratings. The company's average 12-month price target is $46.75, representing a 10.1% decrease from the previous average price target of $52.00.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 5:00 pm

CMCSA

Comcast (NASDAQ:CMCSA) has outperformed the market over the past 15 years by 1.18% on an annualized basis, producing an average annual return of 12.17%. If an investor had bought $100 of CMCSA stock 15 years ago, it would be worth $526.98 today.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 5:00 pm