Streetbeat News

Stock Prices

CATX

Perspective Therapeutics shares are trading higher on abnormally-high volume. There is no company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:04 pm

DASH

DoorDash's stock has been upgraded from Neutral to Buy by Mizuho, with a raised price target from $90 to $105. The company has also expanded its partnership with ALDI for alcohol delivery.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:04 pm

ACI

KR

Instacart is set to go public on Tuesday, with grocery giant Albertsons, a shareholder, likely to profit from the event. Albertsons and Kroger had previously struck stock deals with Instacart, tied to commercial partnerships. Albertsons, with a market capitalization of about $13.5 billion, stands to profit roughly $80 million from its stake.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:04 pm

WORX

Shares of SCWorx are trading higher on abnormally-high volume without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:03 pm

TLRY

Kerrisdale Capital has announced that it is shorting Tilray Brands, a Canadian cannabis company with a market cap of $2.4 billion. Kerrisdale criticizes Tilray for being structurally unprofitable and diluting shareholders. The firm also notes that recent spikes in Tilray's share price are based on misplaced hopes over marijuana rescheduling in the U.S., which would not benefit Tilray as it has no plant-touching operations in the U.S.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:02 pm

MPC

Marathon Petroleum's shares are trading higher following the surge in oil prices above $90 per barrel.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:02 pm

BABA

Alibaba Group Holding Ltd (NYSE:BABA) plans to invest $2 billion in Turkey, following a meeting with President Recep Tayyip Erdogan. Alibaba president Michael Evans expressed confidence in Turkey's economic fundamentals and supports the international expansion of Trendyol, Turkey's largest e-commerce platform. Despite beating earnings expectations last month, Alibaba's shares have underperformed, with a nearly 3% drop over the last month.

Portfolio Pulse from Adam Eckert

September 18, 2023 | 2:01 pm

BA

Boeing (NYSE:BA) has received a mix of bullish and indifferent ratings from 12 analysts over the past quarter. The average price target is $255.83, indicating potential upside from the current price of $206.8908. This average has increased by 6.35% from the previous average price target of $240.56.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:01 pm

NKE

16 analysts have provided ratings for Nike (NYSE:NKE) in the last quarter, with 2 being bullish, 13 somewhat bullish, and 1 bearish. The average 12-month price target for Nike is $129.12, a decrease of 3.93% from the previous average of $134.40.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:01 pm

DBX

Analysts have provided various ratings for Dropbox (NASDAQ:DBX) within the last quarter, with 5 somewhat bullish, 4 indifferent, and 1 somewhat bearish. The average 12-month price target for Dropbox is $30.0, with a high of $35.00 and a low of $22.00. This average price target has increased by 11.11% over the past month.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:01 pm