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CNXA

Connexa Sports Technologies' shares are trading higher without any company-specific news.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 5:07 pm

SBUX

TD Cowen analyst Andrew M. Charles has downgraded Starbucks Corp (NASDAQ:SBUX) from Outperform to Market Perform and lowered the price target from $117 to $107. The downgrade is due to increasing concerns about Starbucks' performance in China, which is expected to account for 16% of 2025E EBIT. The analyst sees the risk that China headwinds are likely to get stronger rather than weaker, and highlighted low-priced competition that is gaining share, with aggressive discounts that are poised to persist for the next 2+ years.

Portfolio Pulse from Shivani Kumaresan

September 19, 2023 | 5:06 pm

CCG

Cheche Group Inc. (NASDAQ:CCG) shares are trading lower after gaining nearly 2000% at its intraday high on Monday. This follows the completion of their business combination with Prime Impact Acquisition and commencement of trading on the Nasdaq under the symbol CCG. The company offers AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle manufacturers, and green auto insurance innovations.

Portfolio Pulse from Erica Kollmann

September 19, 2023 | 5:01 pm

CRM

Salesforce (NYSE:CRM) has seen unusual options activity, with a mix of bullish and bearish trades. The trades range from $160.0 to $320.0, with a total of 2 puts and 8 calls. The price of CRM is currently down -0.53% at $213.86. Several financial institutions have maintained their ratings on Salesforce, with price targets ranging from $220 to $280.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:01 pm

CART

Josh Brown announced on CNBC that he has sold his shares in Instacart. The ticker symbol CART may have been mentioned in the discussion.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 5:01 pm

MRVL

A significant bearish stance has been taken on Marvell Tech (NASDAQ:MRVL) by a large investor, as indicated by a large position in options. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $55.0 to $80.0 for Marvell Tech over the last 3 months. The price of MRVL is currently down -1.78% at $53.8. Several analysts have maintained or downgraded their ratings on Marvell Tech with price targets ranging from $65 to $100.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:01 pm

LGND

Over the past 3 months, 4 analysts have published their opinion on Ligand Pharmaceuticals (NASDAQ:LGND) stock. The company has an average price target of $123.25, up by 2.71% from the previous average price target of $120.00. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:00 pm

HL

HC Wainwright & Co. has maintained its Buy rating for Hecla Mining (NYSE:HL) but lowered its price target from $9.25 to $9.00. Hecla Mining's shares are currently trading down 4.18% at $4.01 per share. A move to the new price target would represent a 124.16% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:00 pm

TVTX

Evercore ISI Group has maintained its Outperform rating for Travere Therapeutics (NASDAQ:TVTX) and raised its price target to $30.00. The new price target represents a 128.66% increase from the current share price. Travere Therapeutics, a biopharmaceutical company, is focused on developing therapies for rare kidney, liver, and metabolic diseases.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:00 pm

CTRA

Mizuho has maintained its Buy rating for Coterra Energy (NYSE:CTRA) and raised its price target to $42.00, a 52.64% increase from the current share price. Coterra Energy's shares are currently trading down 1.38% at $27.52 per share. Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:00 pm