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Stock Prices

JNJ

Johnson & Johnson (JNJ) has received positive feedback from analysts following a strong Q2 performance, particularly in its Medtech business. Credit Suisse analyst Trung Huynh has increased the price target for JNJ to $175 from $170, maintaining a Neutral rating. The company has also lifted its FY23 guidance due to strong Medtech sales growth. JNJ shareholders will soon have the opportunity to exchange their shares for Kenvue shares. Despite ongoing talc litigation, analysts remain optimistic about JNJ's future.

Portfolio Pulse from Vandana Singh

July 21, 2023 | 5:32 pm

BBIG

IPG

SCHL

SIRI

During Friday's intraday session, several communication services stocks experienced significant movement. Vinco Ventures, Scholastic, 9F, Treasure Global, Spark Networks, and Cuentas saw increases, with Scholastic's rise following a Q4 earnings release. Conversely, Lytus Technologies Hldgs, FingerMotion, Interpublic Group of Cos, Sirius XM Holdings, Fangdd Network Group, and Starbox Group Hldgs experienced decreases, with Interpublic's drop following a Q2 earnings report.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:31 pm

FRTX

MNK

QNRX

RDHL

During Friday's intraday session, several healthcare stocks experienced significant movements. Quoin Pharmaceuticals, Fresh Tracks Therapeutics, LifeMD, Biodexa Pharmaceuticals, bluebird bio, and Fortress Biotech saw their stocks rise by 36.1%, 33.54%, 26.34%, 23.71%, 18.8%, and 15.92% respectively. On the other hand, Redhill Biopharma, Mallinckrodt, Aceragen, BioSig Technologies, Avinger, and Novan saw their stocks decline by 23.8%, 16.21%, 15.08%, 14.34%, 14.29%, and 13.52% respectively.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:31 pm

GFAI

KSCP

During Friday's intraday session, several industrials stocks experienced significant movements. Guardforce AI Co (GFAI), Dragonfly Energy Hldgs (DFLI), Matson (MATX), Hyzon Motors (HYZN), Azul (AZUL), and Asia Pacific Wire & Cable (APWC) saw their shares rise, with GFAI leading the gainers with a 32.3% increase. On the other hand, Knightscope (KSCP), Shengfeng Development (SFWL), Microvast Holdings (MVST), Alta Equipment Group (ALTG), FiscalNote Holdings (NOTE), and Markforged Holding (MKFG) saw their shares fall, with KSCP leading the losers with a 16.0% decrease.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:31 pm

AIXI

BTDR

DTST

FOXO

HOLO

ONDS

PGY

RGTI

SASI

SGMA

UTME

UUU

During Friday's intraday session, several information technology stocks experienced significant movement. UTime, Ondas Holdings, Sigmatron International, XIAO-I, Data Storage, and Universal Security were among the gainers, with increases ranging from 7.12% to 21.0%. On the other hand, Sigma Additive Solutions, MicroCloud Hologram, Rigetti Computing, Pagaya Techs, Bitdeer Technologies, and FOXO Technologies saw decreases ranging from 8.61% to 34.8%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:30 pm

AMZN

GOOG

META

MSFT

SPY

President Biden delivered remarks on artificial intelligence, potentially mentioning companies such as Amazon (AMZN), Google (GOOG, GOOGL), Meta Platforms (META), Microsoft (MSFT), and the SPDR S&P 500 ETF (SPY).

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 5:23 pm

NVDA

NVIDIA Corporation (NASDAQ:NVDA) stock fell after forming a bearish triple top pattern at the new all-time high of $480.88. The retracement from all-time highs was likely because Nvidia’s relative strength index (RSI) was trending above 70%, which put the stock into overbought territory. The stock market also appears to be attempting to price in a hawkish tone from the Fed and that, paired with big tech earnings season, could cause volatility to increase.

Portfolio Pulse from Melanie Schaffer

July 21, 2023 | 5:22 pm

TJX

A significant amount of unusual options activity has been detected for TJX Companies (NYSE:TJX), with a bearish stance being taken by a majority of investors. Of the 10 strange trades detected, 60% were bearish and 40% bullish. The total amount for the 2 puts was $74,242 and for the 8 calls was $375,604. Whales have been targeting a price range from $70.0 to $95.0 for TJX Companies over the last 3 months. Piper Sandler has downgraded its action to Overweight with a price target of $110, while Loop Capital has upgraded its action to Buy with a price target of $95.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:19 pm