Streetbeat News

Stock Prices

FITB

Fifth Third Bancorp (NASDAQ:FITB) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.83. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $27.93, down 17.26% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 4:00 pm

NXT

Over the last quarter, NEXTracker (NASDAQ:NXT) has received a mix of bullish and indifferent ratings from 7 analysts. The company's average 12-month price target has increased by 5.0% from $40.00 to $42.00.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 4:00 pm

HIW

Highwoods Props (NYSE:HIW) has received five analyst ratings in the last quarter, with one somewhat bullish and four indifferent. The average price target is $23.0, which is lower than the current price of $25.95, implying a downside. This average has decreased by 8.91% from the previous average price target of $25.25.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 4:00 pm

HUN

Analysts have provided mixed ratings for Huntsman (NYSE:HUN) in the last quarter, with 2 somewhat bullish, 4 indifferent, and 1 somewhat bearish. The company has an average 12-month price target of $27.57, representing a 4.27% decrease from the previous average price target of $28.80.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 4:00 pm

TGL

VCIG

Treasure Global Inc (TGL) and VCI Global Limited (VCIG) have entered into a collaboration agreement to develop an AI-powered travel platform for travelers in Malaysia. The platform will function as a portable concierge app, providing real-time travel recommendations. TGL will produce the software platform and provide maintenance, with VCIG paying a service fee of $1 million. The profits will be shared on a 50:50 basis. TGL shares are currently trading lower by 2.05%.

Portfolio Pulse from Shivani Kumaresan

July 19, 2023 | 3:40 pm

AMRN

Amarin Corporation announced a restructuring plan to reduce operating costs by $40 million annually, focusing on maintaining Vascepa as a cost-effective option, redesigning its commercial infrastructure in Europe, and exploring additional partnerships. The company also reported preliminary Q2 earnings with product revenue of $65 million, below the consensus of $80.36 million. Amarin appointed Patrick Holt as President and CFO. The company's shares are down 21.7% in premarket trading.

Portfolio Pulse from Vandana Singh

July 19, 2023 | 3:39 pm

PRGO

Strategic Wealth Partners CEO Mark Tepper mentioned Perrigo Company plc (PRGO) as his top pick during a live interview on Fox Business.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:36 pm

CRM

Salesforce has announced the general availability and pricing for GPT-powered features for sales and service, secured through Einstein GPT Trust Layer. This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 3:35 pm

MS

Morgan Stanley's shares rose after reporting strong quarterly results. Analysts from UBS and Oppenheimer maintained positive ratings, with price targets of $105 and $110 respectively. The bank's revenue beat was spread across investment banking, trading and other lines, and was further helped by a lower effective tax rate. Net new assets grew by a strong 8%, despite a challenging environment.

Portfolio Pulse from Priya Nigam

July 19, 2023 | 3:34 pm

AEM

Agnico Eagle Mines Inc. (NYSE:AEM) has seen its shares decrease by 4.19% over the past three months. The company's total debt stands at $1.22 billion, with net debt at $682.49 million after adjusting for cash-equivalents. The company's debt-ratio is 0.17, indicating a relatively low level of financial leverage. Debt is an important factor in a company's capital structure and can contribute to its growth, but also carries risks such as the potential for default on loans.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:30 pm