Streetbeat News

Stock Prices

NNDM

Nano Dimension has announced that it has resumed its share repurchase plan, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 5:19 pm

PFE

A whale investor has taken a bullish stance on Pfizer (NYSE:PFE), with 80% of the investors opening trades with bullish expectations and 20% with bearish. The whale has been targeting a price range from $30.0 to $35.0 for Pfizer over the last 3 months. The price of PFE is currently down -0.96% at $33.66. Cantor Fitzgerald and Truist Securities have downgraded their actions to Overweight and Buy respectively, with price targets of $75 and $62.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:17 pm

PXD

A significant bullish stance has been taken on Pioneer Natural Resources (NYSE:PXD) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 70% bullish and 30% bearish. Whales have been targeting a price range from $230.0 to $240.0 for Pioneer Natural Resources over the last 3 months. Mizuho and Jefferies have maintained their Buy and Hold ratings on PXD respectively.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:17 pm

MA

A large bearish position has been taken on Mastercard (NYSE:MA), with 60% of big-money traders showing bearish sentiment. The price target for Mastercard over the last 3 months has been between $390.0 to $500.0. JP Morgan, Mizuho, and Jefferies have maintained their ratings on Mastercard with price targets of $510, $435, and $475 respectively.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:17 pm

RL

Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on Ralph Lauren Corporation (NYSE:RL) with an unchanged price target of $155. The analyst remains bullish on RL due to strong momentum in China, a disciplined approach to long-term growth, and a focus on under-penetrated categories. Despite ongoing macro challenges, the analyst believes that RL has the right strategies in place to deliver accelerated topline growth.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2023 | 5:14 pm

AZO

Morgan Stanley analyst Simeon Gutman reiterated an Overweight rating on AutoZone Inc (NYSE:AZO) but lowered the price target from $2,835 to $2,750. The analyst predicts that AutoZone's store expansion will drive market share gains. He expects a solid bounce-back in Q1 FY24 and forecasts +3.1% comps, ~30 basis points of gross margin expansion and ~$145.50 in EPS for FY24. In FY25, he models a ~3% comp, ~10 basis points of gross margin contraction and ~$160.60 in EPS.

Portfolio Pulse from Shivani Kumaresan

September 20, 2023 | 5:11 pm

RLMD

Relmada Therapeutics Inc (NASDAQ:RLMD) announced positive results from the Phase 3 trial of REL-1017 in patients with Major Depressive Disorder (MDD). The trial showed rapid, clinically meaningful, and sustained improvements in depressive symptoms and associated functional impairment. The drug was well-tolerated with low rates of adverse events. The news led to a 7.53% increase in RLMD shares.

Portfolio Pulse from Vandana Singh

September 20, 2023 | 5:06 pm

AZUL

Goldman Sachs has upgraded Azul's stock from Neutral to Buy and raised its price target from $14.9 to $18.3. This has resulted in Azul shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 5:03 pm

AZUL

Goldman Sachs analyst Bruno Amorim has upgraded the rating for Azul SA (NYSE:AZUL) from Neutral to Buy, raising the price target from $14.90 to $18.30. Despite the company's shares declining by around 35% over the past three months, Amorim believes Azul is poised for EBITDA expansion going into 2024. The analyst cites the company's ability to pass on higher jet fuel prices to tariffs and the rational state of the main markets in the region as reasons for the upgrade.

Portfolio Pulse from Priya Nigam

September 20, 2023 | 5:02 pm

SCS

Steelcase reported better-than-expected Q2 financial results and issued Q3 and FY24 EPS guidance above estimates. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 5:02 pm