Streetbeat News

Stock Prices

INFY

Infosys shares are trading lower following the company's worse-than-expected Q1 EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:04 pm

DFS

LYT

NBTX

NCPL

PRFX

TSLA

Several stocks experienced significant movement in pre-market trading. Notable gainers include Lytus Technologies Holdings (LYT), PainReform (PRFX), and Nanobiotix (NBTX), which saw a rise after announcing the first patient was injected in a new Phase 1/2 study. On the other hand, Netcapital (NCPL), Discover Financial Services (DFS), and Tesla (TSLA) were among the losers, with Tesla's operating margin narrowing despite better-than-expected earnings and sales results.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 12:04 pm

SIFY

Sify Technologies (NASDAQ:SIFY) reported Q1 earnings of $0.01 per share, missing the analyst consensus estimate by 37 percent. This is a 68.5 percent decrease from the same period last year. The company also reported quarterly sales of $104.05 million, missing the analyst consensus estimate of $129.70 million by 19.78 percent, but marking a 4.14 percent increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:03 pm

COLB

Columbia Banking System (NASDAQ:COLB) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 3 indifferent ratings. The average price target is $25.83, implying an upside from the current price of $23.55. However, this average has decreased by 5.49% from the previous average price target of $27.33.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 12:01 pm

CPA

Copa Holdings (NYSE:CPA) has received positive analyst ratings in the last quarter, with 5 bullish and 2 somewhat bullish ratings. The average 12-month price target for the company has increased by 9.87% from the previous average, now standing at $148.0.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 12:01 pm

OMCL

In the last quarter, Omnicell (NASDAQ:OMCL) received mixed analyst ratings, with 1 bullish, 2 somewhat bullish, and 1 somewhat bearish. The average 12-month price target for Omnicell over the past 3 months is $73.5, which has increased by 9.7% over the past month.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 12:00 pm

ZION

Over the past 3 months, 13 analysts have published their opinion on Zions Bancorp (NASDAQ:ZION) stock. The company has an average price target of $34.69, a decrease of 5.4% from the previous average price target of $36.67. The majority of analysts are indifferent about the stock, with 10 out of 13 giving it a neutral rating.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 12:00 pm

BSY

Bentley Systems (NASDAQ:BSY) has received a mix of bullish and indifferent analyst ratings in the last quarter. The average price target from these analysts is $53.1, slightly lower than the current price of $53.94. The average price target has increased by 10.88% over the past month.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 12:00 pm

AWI

Armstrong World Industries Inc (NYSE:AWI) has approved an additional $500 million authorization to repurchase shares under the company's existing share repurchase program, increasing the total authorized amount to $1.7 billion. The program is extended through December 31, 2026. The company also declared a cash dividend of $0.254 per share, payable on August 17, 2023. AWI shares closed higher by 1.20% at $74.25 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

July 20, 2023 | 11:53 am

BC

BUD

CCI

CDNS

CVNA

CVX

HAL

NFLX

NVDA

TME

USB

Several analyst forecasts for Thursday have been released. Piper Sandler boosted Netflix's price target from $350 to $440. Citigroup slashed Crown Castle's price target from $162 to $138. Barclays raised NVIDIA's price target from $500 to $600. HSBC cut Tencent Music Entertainment's price target from $8.4 to $7.4. UBS slashed Chevron's price target from $207 to $202. Morgan Stanley boosted Anheuser-Busch InBev's price target from $64 to $68.5. RBC Capital raised Carvana's price target from $9 to $30. B of A Securities increased U.S. Bancorp's price target from $40 to $45. Stifel raised Cadence Design Systems' price target from $210 to $300. Raymond James cut Brunswick's price target from $94 to $90. JP Morgan slashed Halliburton's price target from $50 to $45.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 11:48 am