Streetbeat News

Stock Prices

MNST

Monster Beverage (NASDAQ:MNST) has outperformed the market over the past 10 years, producing an average annual return of 19.09%. If an investor had bought $100 of MNST stock 10 years ago, it would be worth $595.53 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:30 pm

BGS

B&G Foods Inc's shares have dropped by around 11% following a downgrade by Piper Sandler analyst Michael S. Lavery from Neutral to Underweight, with a lowered price target of $8 from $14. The downgrade is due to the company's Q3 US measured retail sales declining by 11.5%, below analysts' expectations. Lavery also noted the risk of trade inventory de-loading due to lower volumes and the impact of retailers adjusting shelf space. BGS's new shares worth $75 million in Q3 have led to FY24 EPS dilution of $0.07, and debt payment and refinancing added a $0.17 hit to FY24 EPS.

Portfolio Pulse from Lekha Gupta

October 04, 2023 | 5:17 pm

AEP

American Electric Power Inc.'s (NASDAQ:AEP) stock price is currently at $72.88, marking a 0.10% increase. However, the stock has fallen by 4.79% over the past month and by 13.95% over the past year. The company's P/E ratio is lower than the aggregate P/E of the Electric Utilities industry, which could indicate that the stock is undervalued.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:15 pm

RELX

Goldman Sachs has upgraded its rating for Relx PLC (NYSE:RELX) from Neutral to Buy, raising the price target from £30.46 to £34.05. The firm believes that Relx is well positioned on generative AI to strengthen its existing data and IP competitive advantage. The application of GenAI across the company’s product suite could accelerate revenue growth, particularly in Legal with Lexis+ AI, leading to margin expansion.

Portfolio Pulse from Priya Nigam

October 04, 2023 | 5:03 pm

SPWR

SunPower Corporation's shares hit a new 52-week low of $5.23 per share. Truist Securities analyst Jordan Levy maintained a Hold rating for the company and lowered the price target from $10 to $6. SunPower's shares have fallen more than 15% over the last five days and 27% for the month. The company is expected to release its third-quarter financial reports on Nov. 1.

Portfolio Pulse from Erica Kollmann

October 04, 2023 | 5:02 pm

COST

FANG

OKE

WMT

CNBC's Halftime Report discussed final trades involving ONEOK, Walmart, Costco Wholesale, and Diamondback Energy. The specific details of the trades were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 5:01 pm

OVV

Over the past 3 months, 14 analysts have published their opinion on Ovintiv (NYSE:OVV) stock. The average price target for Ovintiv is $50.57, with a high of $67.00 and a low of $38.00. This average price target has increased by 1.87% over the past month.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:01 pm

HD

Analysts have provided ratings for Home Depot (NYSE:HD) within the last quarter, with a total of 23 ratings. The average price target is $346.52, implying an upside from the current price of $293.0. This average has increased by 5.71% from the previous average price target of $327.79.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:00 pm

FOUR

Citigroup has maintained its Buy rating for Shift4 Payments (NYSE:FOUR) but lowered its price target from $85.00 to $70.00. Shift4 Payments' shares are currently trading at $53.06, up 0.25% over the last 24 hours. A move to $70.00 would represent a 31.93% increase from the current share price.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:00 pm

TFII

BMO Capital has maintained its Market Perform rating for TFI International (NYSE:TFII) but lowered its price target from $130.00 to $127.00. TFI International's shares are currently trading at $124.99, and a move to $127.00 would represent a 1.61% increase.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:00 pm