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GPC

Genuine Parts (NYSE:GPC) is set to release its latest quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $2.34. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. The stock is currently trading at $167.27, up 17.56% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:00 pm

SLG

SL Green Realty (NYSE:SLG) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 indifferent, and 1 somewhat bearish. Over the past 3 months, 4 analysts have offered 12-month price targets for SL Green Realty, with an average price target of $29.25, a high of $50.00, and a low of $21.00. The average price target has increased by 24.47% over the past month.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:00 pm

MKTX

MarketAxess Holdings (NASDAQ:MKTX) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $1.57. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. However, the stock has been down 3.82% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:00 pm

PEGA

Over the past 3 months, 12 analysts have published their opinion on Pegasystems (NASDAQ:PEGA) stock. The average price target for Pegasystems has increased by 13.32% from the previous average price target of $47.14 to $53.42.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:00 pm

BMY

Analysts have provided mixed ratings for Bristol-Myers Squibb (NYSE:BMY) in the last quarter, with 2 bullish, 4 indifferent, and 3 somewhat bearish. The average 12-month price target for the company is $67.78, a decrease of 0.57% from the previous average of $68.17.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:00 pm

META

Truist Securities analyst Youssef Squali has maintained a Buy rating on Meta Platforms Inc (NASDAQ:META) and raised the price target from $265 to $340. The analyst is positive on Meta due to a recovery in ad spending and positive user engagement. The company's focus on operating efficiencies and investment in AI/ML are also seen as positive. However, despite initial success, Threads, Meta's new platform, has seen a decrease in daily users and time spent per user.

Portfolio Pulse from Anusuya Lahiri

July 19, 2023 | 5:53 pm

T

AT&T has addressed concerns about lead exposure, asserting that it has maintained a safe working environment for decades. The company clarified that less than 10% of its footprint is lead-sheathed, and a small minority will need to be removed. The cost of removal is not expected to exceed $20k per mile, with the total exposure estimated to be between $2 billion and $20 billion. The company's shares traded higher by 8.36% following the announcement. However, AT&T has been downgraded to Hold from Buy by Argus analyst Joseph Bonner due to potential environmental risks.

Portfolio Pulse from Anusuya Lahiri

July 19, 2023 | 5:47 pm

NKLA

Nikola Corp's shares are trading lower by 1.98% to $2.47, potentially due to profit-taking after a 79% rally over the past five sessions. The stock's recent strength is attributed to its popularity among high short interest stocks. Nikola's stock surged last week following the announcement of an agreement with BayoTech, which includes the acquisition of up to 50 Nikola Class 8 fuel cell electric vehicles over five years.

Portfolio Pulse from Henry Khederian

July 19, 2023 | 5:46 pm

WAL

Wedbush has maintained an Outperform rating on Western Alliance Bancorporation and raised its price target from $45 to $50. This has led to a rise in the trading of Western Alliance Bancorporation shares.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 5:45 pm

CNFR

FANH

HALL

LMND

During Wednesday's intraday session, insurance stocks saw significant movement. Gainers included Lemonade (LMND), Conifer Holdings (CNFR), Marpai (MRAI), Conifer Holdings, Inc. - Senior Unsecured Notes (CNFRL), Reliance Global Group (RELI), and Trupanion (TRUP). Losers included Hallmark Financial Servs (HALL), Fanhua (FANH), Crawford (CRD), Vericity (VERY), Kingsway Financial Servs (KFS), and Waterdrop (WDH).

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:40 pm