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AMD

CAMT

COHR

LITE

MRVL

MTSI

NVDA

BofA analyst Vivek Arya has made several changes to his ratings and price targets for semiconductor companies. He upgraded Camtek Ltd (CAMT) to Buy and raised the price target to $50 from $30. He downgraded Coherent Corp (COHR) and MACOM Technology Solutions Holdings, Inc (MTSI) to Neutral, raising their price targets to $55 and $72 respectively. Lumentum Holdings Inc (LITE) was downgraded to Underperform with a price target of $50. Arya also raised price targets for Nvidia Corp (NVDA), Marvell Technology, Inc (MRVL), and ON Semiconductor Corp (ON). However, he reduced Advanced Micro Devices, Inc's (AMD) price target to $130 from $135.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 8:00 pm

AGCO

AGCO (NYSE:AGCO) has received a mix of bullish and indifferent ratings from analysts in the last quarter. The average 12-month price target for AGCO has increased by 6.37% from $147.60 to $157.00, according to 6 analysts. No bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:00 pm

PXD

Pioneer Natural Resources (NYSE:PXD) has received various analyst ratings in the last quarter, with 4 bullish, 3 somewhat bullish, 1 indifferent, and 2 somewhat bearish. The average 12-month price target for the company, according to 10 analysts, is $265.7, a 2.1% decrease from the previous average of $271.40.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:00 pm

MDB

MSFT

MongoDB, Inc. (NASDAQ:MDB) announced an expansion of its multiyear strategic partnership with Microsoft (NASDAQ:MSFT) by integrating the Atlas application into Azure. This collaboration aims to enhance the customer experience of MongoDB Atlas running on Azure. Following the announcement, MongoDB's shares rose by 3.92%.

Portfolio Pulse from Ryan Gustafson

July 18, 2023 | 7:58 pm

CMA

Comerica Incorporated (CMA) shares are trading higher by 3.5% amid positive earnings results from several banks. The company's second-quarter earnings report is expected on Friday, with an anticipated EPS of $1.86 on revenue of $902.75 million. Bank of America, a peer bank, reported a 19% YoY net income growth for Q2 FY23.

Portfolio Pulse from Henry Khederian

July 18, 2023 | 7:57 pm

GRPN

Groupon (GRPN) has seen a significant option alert for August 18 $7 calls. A total of 1857 contracts were traded at $1.15, compared to an open interest of 3994 contracts. The company is expected to announce its earnings on August 7 after the market closes. The reference price is $6.76.

Portfolio Pulse from Charles Gross

July 18, 2023 | 7:56 pm

ABCB

CFG

CVBF

FHB

GNTY

HMST

OZK

SFBS

TCBI

TFC

UMBF

WTFC

Financial services stocks are trading higher following strong bank earnings.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:53 pm

ICAD

Icad has signed a strategic commercial agreement with Radiology Partners, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:52 pm

SPY

The market on close imbalance is leaning towards the buy-side with $4.5 billion. This indicates a higher demand for stocks at the close of the market, which could potentially drive up prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:52 pm

WEC

WEC Energy Group Inc. (NYSE:WEC) is currently trading at $88.34, after a 1.32% decrease. Over the past month, the stock fell by 1.88%, and in the past year, by 8.02%. The company's price-to-earnings (P/E) ratio is lower than the aggregate P/E ratio of the Multi-Utilities industry, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:45 pm