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Stock Prices

BSX

Boston Scientific Inc.'s stock (NYSE:BSX) has increased by 4.88% over the past month and by 25.38% over the past year. The company's P/E ratio of 88.83 is higher than the Health Care Equipment & Supplies industry average of 72.65, which could indicate that the stock is overvalued. However, the P/E ratio should not be used in isolation for investment decisions, as other factors such as industry trends and business cycles can also impact a company's stock price.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 5:00 pm

BKH

RBC Capital has maintained its Sector Perform rating for Black Hills (NYSE:BKH) but lowered its price target from $68.00 to $61.00. Black Hills shares are currently trading at $53.42, down 0.39% over the last 24 hours. A move to $61.00 would represent a 14.19% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 5:00 pm

FWONK

Rosenblatt has maintained its Buy rating for Liberty Formula One Group (NASDAQ:FWONK) and increased its price target from $81.00 to $82.00. Despite the shares trading down 0.82% over the last 24 hours, the new price target represents a 23.68% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 5:00 pm

AAPL

Apple Inc. is set to unveil a new iPhone with a USB-C charging port on September 12, 2023, in compliance with European Union regulations. Despite a 13% drop in stock price to $171, Apple's stock has shown resilience, bouncing back by 10% and closing at $189.70 on September 5, 2023.

Portfolio Pulse from Zaheer Anwari

September 06, 2023 | 4:58 pm

HKIT

Trading of Hitek Global shares has resumed.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 4:57 pm

ZS

Zscaler Inc (NASDAQ:ZS) reported better-than-expected fiscal Q4 results with a 43% YoY increase in revenue to $455.01 million, beating the consensus estimate of $430.42 million. The company also reported quarterly earnings of 64 cents per share, surpassing analyst estimates of 49 cents per share. Following the announcement, several analysts increased their price targets on Zscaler. Despite the positive results, Zscaler shares fell 3.8% to trade at $156.54 on Wednesday.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 4:50 pm

ASAN

Asana Inc's (ASAN) stock plummeted after Q2 earnings release. Analysts from Piper Sandler, Oppenheimer, JMP Securities, RBC Capital Markets, and KeyBanc Capital Markets provided mixed reviews. While some praised Asana's cost containment efforts and potential for growth, others pointed out the company's decelerating revenue growth and weak leading indicators. Asana's shares declined by 12.94% to $18.84.

Portfolio Pulse from Priya Nigam

September 06, 2023 | 4:47 pm

WFC

A significant amount of unusual options activity has been detected for Wells Fargo (NYSE:WFC), with a majority of investors taking a bearish stance. Of the 13 strange trades detected, 69% were bearish and 30% bullish. The total amount for puts was $1,123,527 and for calls, $595,040. Whales have been targeting a price range from $35.0 to $52.5 for Wells Fargo over the last 3 months. The current price of WFC is down -2.15% at $40.65.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:47 pm

BX

A significant bullish stance on Blackstone (NYSE:BX) has been observed through unusual options activity. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The targeted price range for Blackstone over the last 3 months is from $105.0 to $115.0. The current price of BX is down -0.38% at $107.83. Morgan Stanley has downgraded its action to Overweight with a price target of $125.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:46 pm

SNAP

Snap Inc. (NYSE:SNAP) shares are trading lower on heavy volume, pulling back after gaining more than 6% over the last five days. More than 23.1 million shares have been traded in the session, compared to the stock's 100-day average of 26.436 million shares. 7.8% of available shares are being sold short.

Portfolio Pulse from Erica Kollmann

September 06, 2023 | 4:45 pm