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TGT

WMT

Target Corp (TGT) reported a decline in quarterly sales after the Pride month backlash, even as rival Walmart (WMT) smashed Q2 estimates. Analysts have mixed views on Target's future, with some maintaining an Outperform rating while others hold a more cautious stance. Factors affecting Target's performance include backlash against its Pride merchandising, softening in discretionary spending, and lower price increases in essential categories.

Portfolio Pulse from Priya Nigam

August 17, 2023 | 4:07 pm

PLCE

Children's Place reported better-than-expected Q2 financial results and issued Q3 and FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 4:07 pm

BRK

TLT

US long-term Treasury yields have reached their highest levels in over a decade, unsettling investors. The 10-year Treasury note’s yield reached 4.30% and the 30-year Treasury yield climbed to 4.41%. The iShares 20+ Year Treasury Bond ETF (NYSE:TLT) has lost 8% over the past month. Renowned investors Warren Buffett and Bill Ackman have adopted contrasting strategies in response to these changes. Berkshire Hathaway Inc. (NYSE:BRK) held $103.89B worth of short-term Treasuries in its balance sheet at the end of the first quarter.

Portfolio Pulse from Piero Cingari

August 17, 2023 | 4:06 pm

LC

LDI

RKT

SPY

UWMC

U.S. 30-year mortgage rates have surged to 7.09%, the highest level since 2002. This could impact companies in the mortgage industry.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 4:02 pm

AUTL

Autolus Therapeutics shares are trading higher after Truist Securities maintained a Buy rating on the stock and raised its price target from $6 to $9.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 4:02 pm

ADTX

Aditxt, Inc. (NASDAQ:ADTX) has announced a 1-for-40 reverse stock split effective at the open of trading on August 18, 2023. The move is primarily intended to bring the company into compliance with Nasdaq's minimum bid price requirement. Post-split, the company will have approximately 190,319 shares of common stock issued and outstanding.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 4:01 pm

SLN

Silence Therapeutics (NASDAQ:SLN) has received 6 analyst ratings in the last quarter, with 1 being bullish and 5 somewhat bullish. The average price target is $21.0, compared to the current price of $6.29, implying an upside. The average price target has increased by 5.0% over the past month.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 4:00 pm

HRB

Over the past 3 months, 5 analysts have published their opinion on H&R Block (NYSE:HRB) stock. The average price target for H&R Block has increased by 17.54% from the previous average price target of $32.67 to $38.4. The analysts' opinions are mixed with 3 somewhat bullish and 2 bearish.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 4:00 pm

IGMS

IGM Biosciences (NASDAQ:IGMS) has received various analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 2 indifferent. Over the past 3 months, 5 analysts have offered 12-month price targets for IGM Biosciences, with an average price target of $20.4, a 2.86% decrease from the previous average price target of $21.00.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 4:00 pm

PYCR

Over the past 3 months, 10 analysts have published their opinion on Paycor HCM (NASDAQ:PYCR) stock. The average price target is $28.9, implying an upside from the current price of $21.33. The current average has decreased by 3.67% from the previous average price target of $30.00.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 4:00 pm