Streetbeat News

Stock Prices

WES

Over the past 3 months, 9 analysts have published their opinion on Western Midstream (NYSE:WES) stock. The average price target is $30.89, implying an upside from the current price of $26.445. This represents a 7.6% decrease from the previous average price target of $33.43.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:01 pm

SPY

The USA CB Consumer Confidence for August is reported at 106.1, which is lower than the estimated 116.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 2:01 pm

TRGP

Over the last quarter, Targa Resources (NYSE:TRGP) received 7 analyst ratings, with 4 being bullish, 3 somewhat bullish, and none being indifferent, somewhat bearish, or bearish. The company has an average 12-month price target of $102.43, a decrease of 0.79% from the previous average price target of $103.25.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:01 pm

AVGO

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 5 years by 22.57% on an annualized basis, producing an average annual return of 31.46%. If an investor had bought $1000 of AVGO stock 5 years ago, it would be worth $3,937.09 today.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:01 pm

CHWY

Chewy (NYSE:CHWY) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $-0.05. The company's past performance shows it beat EPS by $0.24 last quarter, leading to a 21.57% increase in share price the next day. However, the stock has been down 23.54% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:00 pm

AAPL

ABBV

AMGN

AMZN

AZN

BMY

GLD

GOOG

JNJ

META

MRK

MSFT

NVDA

NVO

NVS

QQQ

SLV

SPY

TSLA

USO

The stock market is awaiting new economic data, including job openings, consumer confidence, and employment change. Medicare has released a list of 10 drugs for price reduction, impacting companies like Bristol-Myers Squibb, Johnson & Johnson, Merck, AstraZeneca, Novartis, Amgen, AbbVie, and Novo Nordisk. Tesla is activating a large NVIDIA cluster for self-driving training. Amazon's CEO warns remote workers about a shift back to office work. Negative money flows are observed in Amazon, Tesla, Nvidia, Microsoft, Alphabet, Meta Platforms, and Apple, while mixed flows are seen in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

August 29, 2023 | 1:58 pm

HKIT

Shares of Hitek Global Inc. were halted on a circuit breaker to the upside, but then resumed trading and are now down by 33.5%.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 1:58 pm

PSA

Truist Securities analyst Ki Bin Kim maintains a 'Buy' rating on Public Storage (NYSE:PSA) but has lowered the price target from $320 to $305.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 1:57 pm

SJM

J.M. Smucker Company (NYSE:SJM) reported a 4% YoY decline in Q1 FY24 sales to $1.805 billion, missing the analyst consensus of $1.84 billion. However, its adjusted EPS of $2.21 beat the consensus estimate of $2.04. The company's gross profit increased 19% YoY to $654.8 million and the operating income increased 69% to $303.5 million. The company also repurchased approximately 2.4 million of its common shares for $372 million in Q1. The company raised its FY24 adjusted EPS guidance from $9.20 - $9.60 to $9.45 - $9.85.

Portfolio Pulse from Shivani Kumaresan

August 29, 2023 | 1:52 pm

BABA

MAR

On CNBC's 'Halftime Report Final Trades', analysts recommended Goldman Sachs, Boeing, Alibaba, and Marriott. Goldman Sachs missed earnings estimates but beat revenue consensus. Boeing is preparing to restart plane deliveries in China despite recent warnings of delivery delays. Alibaba was recommended as a great entry point, with its stock trading higher along with iShares China Large-Cap ETF and KraneShares CSI China Internet ETF. Marriott International announced new appointments to its Asia Pacific leadership team.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 1:51 pm