Streetbeat News

Stock Prices

F

GM

STLA

The ongoing United Auto Workers (UAW) strike against Ford Motor Co (F), General Motors (GM), and Stellantis N.V. (STLA) has raised concerns about potential car price hikes. Analysts estimate potential price increases of $3,000 to $5,000 for electric vehicles (EVs) from these automakers. However, Wells Fargo analyst Colin Langan calculated a smaller difference, roughly $1.9 billion annually, or approximately $300 per North American vehicle sold. Ford and GM shares have declined by over 17% and 15% since labor issues began in July, while Stellantis stock has risen by 7%.

Portfolio Pulse from Ramakrishnan M

October 02, 2023 | 9:10 pm

SQNS

Sequans Communications has entered into a securities purchase agreement with 272 Capital Master Fund. Under the agreement, Sequans will issue an aggregate of 2.1 million American Depositary Shares (ADSs) at $2.83 per ADS.

Portfolio Pulse from Charles Gross

October 02, 2023 | 9:02 pm

PFG

In the last quarter, Principal Finl Gr (NASDAQ:PFG) received 7 indifferent and 1 somewhat bearish analyst ratings. The average 12-month price target for the company, according to 8 analysts, is $76.75, an increase of 1.94% from the previous average price target of $75.29.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:00 pm

LLY

Over the past 3 months, 26 analysts have published their opinion on Eli Lilly (NYSE:LLY) stock. The average price target for Eli Lilly has increased by 17.64% from the previous average price target of $484.89 to $570.42. The majority of the analysts are bullish on the stock.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:00 pm

RUN

Analysts have provided various ratings for Sunrun (NASDAQ:RUN) within the last quarter, with 3 bullish, 4 somewhat bullish, and 2 indifferent. The average price target is $29.33, implying an upside from the current price of $11.26. This average has decreased by 4.37% from the previous average price target of $30.67.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:00 pm

SPWR

Analysts have provided various ratings for SunPower (NASDAQ:SPWR) within the last quarter, with 2 bullish, 2 somewhat bullish, 7 indifferent, and 4 somewhat bearish. The average 12-month price target for SunPower is $11.47, a decrease of 22.45% from the previous average price target of $14.79.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:00 pm

DLA

Delta Apparel, Inc. (AMEX:DLA) shares traded higher in after-hours session following the announcement of an unsolicited offer to purchase its Salt Life business. The company's Board of Directors has engaged Baird as its financial advisor to review strategic options for the Salt Life business. The decision regarding the potential transaction remains subject to approval by the Delta Apparel Board of Directors.

Portfolio Pulse from Ryan Gustafson

October 02, 2023 | 9:00 pm

PLD

Prologis (NYSE:PLD) has outperformed the market over the past 10 years, producing an average annual return of 11.31%. If an investor had bought $100 of PLD stock 10 years ago, it would be worth $290.14 today. The company currently has a market capitalization of $101.16 billion.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:00 pm

COP

Over the past 3 months, 15 analysts have published their opinion on ConocoPhillips (NYSE:COP) stock. The majority of these ratings are bullish, with an average price target of $137.2, a high of $160.00 and a low of $120.00. The average price target has increased by 0.94% over the past month.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:00 pm

MAR

Marriott Intl (NASDAQ:MAR) has outperformed the market over the past 15 years by 6.44% on an annualized basis, producing an average annual return of 16.6%. If an investor had bought $100 of MAR stock 15 years ago, it would be worth $895.34 today.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:00 pm