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IONQ

IonQ shares are trading higher due to rumors of the stock being mentioned in a newsletter.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:25 pm

SOI

Solaris Oilfield Infrastructure reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:21 pm

OKYO

OKYO Pharma has announced a new agreement with Tufts Medical Center to conduct a 40-patient open-label clinical trial evaluating the efficacy and safety of OK-101 in patients with neuropathic corneal pain. This has led to a rise in OKYO Pharma's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:19 pm

CSCO

A significant amount of unusual options activity has been detected for Cisco Systems (NASDAQ:CSCO), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $45.0 to $55.0 for Cisco Systems over the last 3 months. The company's stock price is currently down by 1.77% at $52.06. Analysts have mixed opinions, with JP Morgan upgrading its action to Overweight with a price target of $62, while B of A Securities, Citigroup, and Exane BNP Paribas have downgraded their actions.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:15 pm

UPS

A significant bullish stance has been taken on United Parcel Service (NYSE:UPS) as evidenced by unusual options activity. The options scanner at Benzinga spotted 12 uncommon trades, split evenly between bullish and bearish sentiment. The trades included 4 puts amounting to $326,060 and 8 calls amounting to $2,875,317. The targeted price range for UPS over the last 3 months has been $175.0 to $200.0. Meanwhile, Morgan Stanley has downgraded UPS to Underweight with a price target of $100.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:15 pm

F

Ford Motor Company has recalled 870,000 F-150 trucks in the US due to a potential wiring issue that could activate the electric parking brake. The recall covers F-150 trucks from 2021 through 2023 equipped with a single exhaust system. Ford has received 918 warranty claims and three field reports for the wire chafing condition in North America. The company's shares are trading lower by 4.5% to $13.12.

Portfolio Pulse from Nabaparna Bhattacharya

July 28, 2023 | 5:14 pm

TRP

TD Securities has downgraded TC Energy (NYSE:TRP) from Buy to Hold and lowered the price target from $62 to $50. The downgrade was announced by analyst Linda Ezergailis.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:14 pm

TREE

LendingTree's stock is trading higher after Needham maintained a Buy rating on the stock and increased the price target from $20 to $27.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:14 pm

IMO

Imperial Oil Ltd (AMEX:IMO) reported a sharp decline in Q2 2023 earnings, with EPS of C$1.15, down from C$3.63 a year ago. Net income also fell to C$675 million from C$2.41 billion due to lower commodity prices and increased planned turnaround activity. Total revenue was C$11.8 billion, down from C$17.3 billion. The company renewed its share repurchase program, allowing the purchase of up to 5% of outstanding shares over the next 12 months. Despite the decline in earnings, IMO shares are trading higher by 5.04% at $54.15.

Portfolio Pulse from Lekha Gupta

July 28, 2023 | 5:12 pm

AVTR

RETA

TNXP

UFAB

The article lists the stocks that gained and lost the most during Friday's mid-day trading session. Among the gainers were Unique Fabricating, Reata Pharmaceuticals, and Bluejay Diagnostics, while the losers included Tonix Pharmaceuticals, Sleep Number Corporation, and Femasys Inc. Avantor shares fell by 9.9% due to worse-than-expected Q2 financial results.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 5:07 pm