Streetbeat News

Stock Prices

AMLX

Goldman Sachs analyst Corinne Jenkins has upgraded Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) from Neutral to Buy, raising the price target from $45 to $49. Jenkins believes that investor concerns about the ongoing Phase III PHOENIX study are overdone and sees the current stock price as an attractive entry point. She also predicts a more than 60% probability of the PHOENIX trial data demonstrating statistical significance.

Portfolio Pulse from Priya Nigam

July 24, 2023 | 6:01 pm

RETA

Analysts have provided bullish and somewhat bullish ratings for Reata Pharmaceuticals (NASDAQ:RETA) in the last quarter. According to 7 analysts offering 12-month price targets in the last 3 months, Reata Pharmaceuticals has an average price target of $120.0, an increase of 24.48% from the previous average price target of $96.40.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 6:01 pm

NEM

In the last quarter, 4 analysts have provided ratings for Newmont (NYSE:NEM) with 1 being bullish, 2 somewhat bullish, and 1 indifferent. The company has an average 12-month price target of $57.75, a decrease of 3.35% from the previous average price target of $59.75.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 6:00 pm

MSI

Motorola Solns (NYSE:MSI) has outperformed the market over the past 20 years by 21.32% on an annualized basis, producing an average annual return of 29.21%. If an investor had bought $100 of MSI stock 20 years ago, it would be worth $16,736.36 today.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 6:00 pm

MNST

Monster Beverage (NASDAQ:MNST) has outperformed the market over the past 10 years by 8.79% on an annualized basis, producing an average annual return of 19.21%. If an investor had bought $100 of MNST stock 10 years ago, it would be worth $576.44 today.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 6:00 pm

OZK

Bank OZK (NASDAQ:OZK) has received indifferent ratings from six analysts in the last quarter. The 12-month price target for the bank, according to these analysts, is $40.17, with a high of $48.00 and a low of $35.00. This average price target has increased by 5.71% over the past month.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 6:00 pm

LBRDK

Analysts have provided ratings for Liberty Broadband (NASDAQ:LBRDK) within the last quarter, with 2 bullish and 2 indifferent ratings. The average price target is $123.0, implying an upside from the current price of $89.43. The average price target has increased by 3.58% over the past month.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 6:00 pm

GCT

Forbes Newsletter has mentioned GigaCloud Technology (GCT) as a buy recommendation. This could potentially influence investor sentiment and drive the stock price up.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 5:59 pm

C

DB

GM

Shares of General Motors (GM) are trading over 2% higher ahead of the company's Q2 earnings report. Analysts expect earnings of $1.85 per share on revenues of $42.64 billion. Deutsche Bank and Citigroup are optimistic about GM's ability to beat expectations due to efficient pricing action and strong North American pricing. However, Deutsche Bank also noted potential price pressure risk into the second half of 2023 and 2024. Investors are also interested in updates on GM's all-electric Silverado pickup.

Portfolio Pulse from AJ Fabino

July 24, 2023 | 5:52 pm

F

HYMTF

RIVN

TSLA

WKSP

The competition in the electric pickup market is heating up with Tesla's Cybertruck and Ford's F-150 leading the race. Worksport Ltd is planning to enhance its production capabilities with advanced automation and robotics to deliver its SOLIS solar truck tonneau covers by the end of the year. The company has committed to invest $1.5 million over the next 18 months in automation tools. Rivian Automotive's second quarter deliveries nearly tripled, with its shares rising more than 41% this month.

Portfolio Pulse from Upwallstreet

July 24, 2023 | 5:50 pm