Streetbeat News

Stock Prices

SPY

The ISM Manufacturing New Orders Index for August decreased to 44.6 from 47.4 in the previous month, indicating a contraction in new manufacturing orders.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:00 pm

SPY

The ISM Manufacturing Employment Index for August increased to 46.0 from 43.4 in the previous month, indicating a slower contraction in manufacturing employment.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:00 pm

MCO

Moody's (NYSE:MCO) has received diverse analyst ratings over the past quarter, with a mix of bullish and indifferent sentiments. The average 12-month price target has increased to $473.42, with a high of $514.00 and a low of $392.00. Analysts have adjusted their ratings and price targets, reflecting evolving market conditions and company performance. Moody's has shown strong financial performance with significant revenue growth, high net margin, and strong ROE and ROA, but has a higher debt-to-equity ratio than industry averages.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:00 pm

SPY

The USA construction spending for July decreased by 0.3%, missing the estimated increase of 0.1% and matching the prior month's decrease of 0.3%.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:00 pm

LYFT

In the past three months, 30 analysts have rated Lyft (NASDAQ:LYFT), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 12.83% to $16.3. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Lyft's financial metrics, such as revenue growth and net margin, surpass industry averages, indicating strong financial health.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:00 pm

SPY

The ISM Manufacturing Prices Index for August rose to 54.0, surpassing the estimated 52.1 and the previous month's 52.9. This indicates an increase in manufacturing prices, which could impact inflation expectations and market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:00 pm

OLN

Olin Corporation (NYSE:OLN) has been evaluated by 13 analysts over the past three months, with a range of opinions from bullish to bearish. The average 12-month price target has decreased by 14.89% to $52.77. Analysts have adjusted their ratings and price targets, reflecting a cautious outlook on Olin's future performance. Despite a decline in revenue growth, Olin maintains strong profitability and effective financial management.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:00 pm

SPY

The ISM Manufacturing PMI for August was reported at 47.2, slightly below the estimated 47.5 and above the prior 46.8. This indicates a contraction in the manufacturing sector, which could impact market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:00 pm

CNFR

Conifer Holdings shares rose following the sale of its insurance agency operations for $45 million and the appointment of Brian Roney as CEO.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:54 pm

CNFR

Conifer Holdings shares resumed trading after a circuit breaker halt. This indicates significant volatility in the stock, which could be due to various factors such as market conditions or company-specific news.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:53 pm