Streetbeat News

Stock Prices

HSY

Over the past 3 months, 6 analysts have published their opinion on Hershey (NYSE:HSY) stock. The current average price target for Hershey is $261.5, an increase of 1.59% from the previous average price target of $257.40. The analysts' ratings range from somewhat bullish to indifferent, with no bearish ratings.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:00 pm

INTC

NVDA

NVIDIA's AI GPUs in China are selling at high prices, reaching up to 500,000 yuan/ US $69,000, due to a surge in demand from companies like Alibaba and ByteDance. NVIDIA's monopoly in the AI GPU market has allowed it to set high prices, but the emergence of new competitors like Intel could potentially disrupt this.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 5:56 pm

W

Wedbush has raised its price target on Wayfair's stock to $80, leading to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:54 pm

INTC

NVDA

TSM

Intel Corporation (NASDAQ:INTC) returned to profitability in Q2 2021, posting a net income of $1.5 billion, after its largest ever loss in Q1. Despite a 15% YoY contraction in revenue to $12.9 billion, the results exceeded Refinitiv’s consensus estimate of $12.13 billion. Intel also issued a better-than-expected Q3 guidance. However, the company's turnaround is expected to take time as it tries to catch up to Taiwan Semiconductor Manufacturing Company Limited's (NYSE:TSM) chip-manufacturing capacity by 2026. Intel's CEO acknowledged persistent weakness across all business segments, expected to continue until year-end.

Portfolio Pulse from Upwallstreet

July 28, 2023 | 5:53 pm

WING

Wedbush has downgraded Wingstop's stock to Neutral, leading to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:52 pm

MSFT

SONY

Sony Group Corp's PlayStation 5 console is being offered at a discounted price for the first time in the UK, Ireland, Germany, Austria, and India during PlayStation's Summer Sale. The discount comes amid rumors of a 'slim' version of the PS5 being planned for release, with Microsoft Corp. claiming that the new version of the console will cost around $399.99. Sony recently announced that the PS5 has sold over 40 million units as of July 16, 2023.

Portfolio Pulse from Franca Quarneti

July 28, 2023 | 5:51 pm

AZN

AZNCF

AstraZeneca has released its Q2 earnings and announced the discontinuation of several pipeline programs, including a Phase 2 study for hematological malignancies and a Phase 1 asset in cardiovascular disease. The company cited 'strategic portfolio prioritization' as the reason for these decisions. Despite this, AstraZeneca's CEO expressed optimism about interim data from a key lung cancer drug trial. The company's shares are up 4.36%.

Portfolio Pulse from Vandana Singh

July 28, 2023 | 5:51 pm

ABR

Arbor Realty Trust's shares are trading higher following the release of their Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:47 pm

SGML

Sigma Lithium's shares are experiencing an increase in value due to reports of potential Mergers and Acquisitions (M&A) interest.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:47 pm

ENPH

SEDG

Shares of SolarEdge are trading lower due to weak guidance issued by Enphase, a company in the same sector.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:46 pm