Streetbeat News

Stock Prices

TSCO

Stephens & Co. analyst Daniel Imbro downgraded Tractor Supply (NASDAQ:TSCO) from Overweight to Equal-Weight and set a price target of $240.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:28 pm

AAL

American Airlines Group Inc (AAL) stock rose 3.5% to $14.09, likely in response to United Airlines Holdings Inc's positive Q4 financial results, which exceeded analyst expectations. United Airlines reported earnings of $2 per share against a consensus estimate of $1.70, and sales of $13.60 billion, slightly above the $13.54 billion estimate. This positive performance by a peer in the airline industry appears to have had a sympathetic effect on AAL's stock.

Portfolio Pulse from Henry Khederian

January 23, 2024 | 2:28 pm

CMCSA

NFLX

TKO

Netflix Inc. has secured a $5 billion, 10-year exclusive rights deal with WWE, starting January 2025, to stream 'Raw' and other WWE content globally. This marks a strategic shift for Netflix into live programming. TKO Group Holdings, WWE's parent company, saw a 22% surge in premarket trading, while Netflix shares were up 2%. The deal is expected to expand WWE's reach and provide Netflix with a dedicated fan base for live viewing.

Portfolio Pulse from Piero Cingari

January 23, 2024 | 2:26 pm

Verizon Communications Inc (NYSE:VZ) reported Q4 FY23 results with a slight sales decline but beat consensus estimates on both revenue and adjusted EPS. Wireless service revenue grew, driven by TracFone ownership, a premium Unlimited strategy, and pricing actions. The company saw significant postpaid phone and broadband net additions, with the consumer segment showing improved EBITDA margin. Verizon's FY24 outlook projects wireless service revenue growth and an adjusted EPS in line with consensus estimates. VZ shares rose 3.46% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

January 23, 2024 | 2:26 pm

IGC

IGC Pharma announced preclinical trial data indicating that its drug candidate TGR-63 has shown efficacy in reducing plaque associated with Alzheimer's disease. This breakthrough could have significant implications for the treatment of Alzheimer's, a condition currently with limited effective interventions.

Portfolio Pulse from Charles Gross

January 23, 2024 | 2:21 pm

OMIC

Goldman Sachs analyst Matthew Sykes has maintained a Neutral rating on Singular Genomics Systems (NASDAQ:OMIC) but has reduced the price target from $0.95 to $0.85.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:20 pm

CAKE

JP Morgan analyst John Ivankoe downgraded Cheesecake Factory (NASDAQ:CAKE) from Neutral to Underweight and set a price target of $33.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:19 pm

AAPL

AMD

BABA

CORN

DWAC

NFLX

NVDA

PYPL

TSLA

Swaggy Stocks has identified the top 10 trending stocks on WallStreetBets as of January 23, 2024. The list includes DWAC, TSLA, NVDA, AMD, NFLX, BABA, AI, PYPL, AAPL, and CORN.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:18 pm

BLMN

JP Morgan analyst John Ivankoe downgraded Bloomin' Brands (NASDAQ:BLMN) from Overweight to Neutral and set a price target of $26.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:17 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has agreed to sell its 2006-built Panamax dry bulk vessel, the m/v Artemis, for $12.99 million before commissions. The sale is to an unaffiliated third party and is expected to be completed by March 8, 2024. Following the sale, Diana Shipping's fleet will consist of 39 dry bulk vessels with a combined carrying capacity of approximately 4.5 million dwt and a weighted average age of 10.59 years.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:17 pm