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APTV

Citigroup has maintained its Buy rating for Aptiv (NYSE:APTV) and increased its price target from $150.00 to $155.00. Aptiv's shares are currently trading down 0.71% at $108.45 per share. A move to $155.00 would represent a 42.92% increase from the current share price. Aptiv's largest customers are General Motors and Stellantis, each contributing roughly 9% of 2022 revenue, followed by Ford and Volkswagen, each at 8%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 5:00 pm

DGX

KEYS

LYV

CNBC's final trades segment mentioned DGX, KEYS, and LYV. No specific details about these companies were provided in the article.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 4:59 pm

BLK

Citi analyst Christopher Allen has maintained a positive long-term outlook for BlackRock, Inc. (NYSE:BLK) despite mixed Q2 results. The company reported a 1% Y/Y decline in Q2 revenue to $4.46 billion, slightly below consensus. However, adjusted EPS rose 26% Y/Y to $9.28, beating consensus. Lower G&A expenses were a significant positive for the quarter. Morgan Stanley analyst Mike Cyprys maintained BlackRock with an Overweight and raised the price target from $881 to $888.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 4:58 pm

CATC

Piper Sandler analyst Mark Fitzgibbon has downgraded Cambridge (NASDAQ:CATC) from Overweight to Neutral, while maintaining the price target at $65.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 4:54 pm

VZ

Verizon Communications has launched an investigation into potential lead contamination related to its old phone cables. The company's shares are trading higher following the announcement.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 4:48 pm

ENVX

Enovix Corp (NASDAQ:ENVX) announced the general availability of its IoT and wearable cell, which has a capacity advantage of up to double compared to current market products. The company's CEO expects custom cell development to be a major revenue driver in 2024 and beyond. Last month, Enovix received a purchase order from the U.S. Army for commercial cells for Conformal Wearable Batteries. The company's shares are up nearly 55% over the last month and more than 80% since the start of the year.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 4:45 pm

MDT

Medtronic Plc (NYSE:MDT) has recalled certain implantable cardioverter defibrillators (ICDs) and cardiac resynchronization therapy defibrillators (CRT-Ds) due to a risk of low or no energy output during high voltage therapy. The FDA has classified this as a Class I recall, the most serious type. The recall impacts around 350k devices manufactured after 2017. Medtronic has reported 28 incidents and 22 injuries related to this issue. MDT shares are down 0.95% at $85.89.

Portfolio Pulse from Vandana Singh

July 18, 2023 | 4:44 pm

BOH

CBU

GS

LPLA

Bank stocks are trading higher following strong earnings reports from multiple companies in the sector.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 4:40 pm

ZM

Zoom has announced partnerships with Anthropic AI and OpenAI, and is expanding its AI approach with Meta's new, open LLaMA2 model. This news has led to an increase in Zoom's share price.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 4:40 pm

SPY

Tom Lee from Fundstrat predicts that the S&P 500 will trade well above all-time highs this year, possibly reaching 5,000. He believes that strong earnings and lower inflation are key factors for this to happen. He also anticipates a 0.25% rate hike from the Federal Reserve, which he thinks the market has already priced in. The SPDR S&P 500 ETF Trust (NASDAQ:SPY), which tracks the S&P 500 index, is up more than 2.2% over the last week and more than 18% for the year.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 4:34 pm