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Stock Prices

CAT

A whale investor has taken a bullish stance on Caterpillar (NYSE:CAT), with 70% of the investors opening trades with bullish expectations. The whale has been targeting a price range from $260.0 to $310.0 for Caterpillar over the last 3 months. The price of CAT is currently down -0.37% at $279.9. RSI indicators suggest that the stock may be approaching overbought. The next earnings are expected to be released in 37 days.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:16 pm

VITL

Vital Farms Inc (NASDAQ:VITL) has updated its long-term financial targets, forecasting annual net revenue of more than $1 billion by the end of fiscal year 2027. The company also expects a gross margin of at least 35% of net revenue by FY2027 and an adjusted EBITDA Margin in the range of 12% to 14%. For FY23, the company reaffirmed its revenue outlook of more than $465 million and expects Adjusted EBITDA of more than $35 million.

Portfolio Pulse from Shivani Kumaresan

September 19, 2023 | 4:15 pm

USDCUSD

USDTUSD

Tether (CRYPTO: USDT) has approved $1 billion to enhance short-term USDT liquidity on the Tron network. This is an authorization, not an issuance, and the funds will be used to cater to imminent issuance demands and chain swaps within the Tron ecosystem. Tether's market value surpassed the $83 billion mark in 2023, with a minting of approximately $16 billion in USDT since the year's start. Meanwhile, the market cap of Circle's (CRYPTO: USDC) stablecoin has dropped from $50 billion to $26 billion.

Portfolio Pulse from Murtuza Merchant

September 19, 2023 | 4:12 pm

DTCK

Trading of Davis Commodities shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:04 pm

BRDS

Trading of Bird Global shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:03 pm

AMZN

Josh Brown, a regular CNBC contributor, announced live on the network that he has purchased more shares of Amazon.com (AMZN).

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:02 pm

AMC

AMC Entertainment Holdings Inc's shares have been declining, adding to significant losses over the last month. The drop followed a 10-to-1 reverse stock split and the conversion of preferred equity shares into common stock. The company also entered into an agreement to sell up to 40 million shares of common stock in an offering program. Despite raising approximately $325.5 million of new equity capital, the stock has continued to trend lower and is now down more than 66% in the last month. AMC has lost more than 90% of its market value over the last year, despite a resurgence in box office numbers.

Portfolio Pulse from Adam Eckert

September 19, 2023 | 4:01 pm

GTLS

Analysts have provided various ratings for Chart Industries (NYSE:GTLS) within the last quarter, with 3 bullish, 3 somewhat bullish, and 4 indifferent ratings. The average 12-month price target for Chart Industries is $188.1, which has increased by 13.7% over the past month.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:01 pm

EXR

Extra Space Storage (NYSE:EXR) has outperformed the market over the past 15 years, producing an average annual return of 15.33%. If an investor had bought $1000 of EXR stock 15 years ago, it would be worth $8,102.61 today.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:01 pm

SPLK

Over the past 3 months, 28 analysts have published their opinion on Splunk (NASDAQ:SPLK) stock. The company has an average price target of $124.21, an increase of 5.87% from the previous average price target of $117.32. The majority of the analysts are bullish or somewhat bullish on the stock.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:00 pm