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Stock Prices

AMZN

Morgan Stanley has predicted a potential 20-60% upside for Amazon (AMZN) shares. This suggests a significant potential for growth in the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:24 pm

CORR

CorEnergy Infrastructure Trust, Inc. (CORR) has received a notice from the New York Stock Exchange (NYSE) regarding its non-compliance with continued listing standards. The company is now subject to the procedures and requirements of the NYSE, which could potentially lead to delisting if compliance is not regained.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:22 pm

SMTC

Semtech Corporation (SMTC) has projected its Q3 earnings per share (EPS) to be between $(0.22) and $(0.09), which is lower than the estimated $0.11. The company also expects its revenue to be between $190M and $210M, falling short of the estimated $247.68M.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:21 pm

LVS

Las Vegas Sands's (NYSE:LVS) short percent of float has fallen 7.24% since its last report, with 9.98 million shares sold short, which is 2.69% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Las Vegas Sands has less short interest.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 8:15 pm

BIDU

Baidu's (NYSE:BIDU) short percent of float has fallen 3.33% since its last report, with 4.02 million shares sold short, which is 1.45% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Baidu's short interest as a percentage of float is lower than its peer group average of 6.39%.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 8:15 pm

ON

Piper Sandler analyst Harsh V. Kumar reaffirmed an Overweight rating on ON Semiconductor Corp (NASDAQ:ON) with a price target of $135. Despite macroeconomic challenges, Kumar believes ON is on track to perform well due to its strong position in Silicon Carbide (SiC) and growth in other automotive products. ON has $20 billion in long-term supply agreements, $11 billion of which are related to SiC products. The company is on track to exit this year with roughly $1 billion of SiC revenues and expects the SiC business operating income to exceed corporate operating income by the end of 2025.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 8:15 pm

ALL

Allstate's (NYSE:ALL) short percent of float has risen 4.2% since its last report, with 3.22 million shares sold short, which is 1.24% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a stock. However, compared to its peers, Allstate has less short interest as a percentage of float, with an average of 1.62%.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 8:15 pm

EPRT

Essential Properties Realty Trust, Inc. has announced a public offering of 8.7 million shares of its common stock. The proceeds from the offering will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:15 pm

ARM

ARM Holdings is set to price its initial public offering (IPO) at $52 per share, according to the Wall Street Journal.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:10 pm

RLGT

Radiant Logistics (AMEX:RLGT) reported Q4 earnings of $0.14 per share, beating the analyst consensus estimate of $0.12 by 16.67%. However, this is a 65% decrease from last year's earnings. The company's quarterly sales of $232.22 million missed the analyst consensus estimate of $250.87 million by 7.43%, marking a 41.74% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:09 pm