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TVTX

Analysts have provided various ratings for Travere Therapeutics (NASDAQ:TVTX) within the last quarter, with a majority being bullish. The average price target for Travere Therapeutics over the next 12 months is $27.9, a 23.41% decrease from the previous average price target of $36.43.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:00 pm

ODD

ODDITY Tech Ltd (NASDAQ:ODD) is set to go public on July 19, with shares expected to be priced between $32.00 and $34.00. The company, which aims to transform the global beauty and wellness market, has an insider lock-up period of 180 days ending on January 15, 2024.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:00 pm

PLD

Prologis, Inc. (NYSE:PLD) reported Q2 rental and other revenues of $1.65 billion, up 50.7% YoY, but missed estimates of $1.69 billion. The company's core funds from operations per diluted share was $1.83 for Q2, higher than $1.11 a year ago. The company raised FY23 guidance and expects core FFO attributable to common stockholders to be in the range of $5.56 to $5.60. PLD shares are trading higher by 1.07% to $129.35 in the premarket.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2023 | 3:00 pm

WMG

Warner Music Group has announced a licensing deal with TikTok, which will lead to the joint development of additional and alternative economic models. This news has led to an increase in Warner Music Group's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:56 pm

RKLB

Rocket Lab has successfully launched seven satellites for NASA and commercial constellation operators, and also successfully recovered the rocket's booster. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:51 pm

T

AT&T Inc (NYSE:T) shares are trading higher after a significant drop due to a downgrade from Citigroup. The downgrade was due to potential risks related to lead sheathed cables. Despite this, options traders are making bullish bets on AT&T ahead of its upcoming earnings report. The company is set to report second-quarter financial results on July 26.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 2:50 pm

WFC

Wells Fargo & Co (NYSE:WFC) shares are trading higher by 1.2% to $45.28 on Tuesday morning, following better-than-expected Q2 results last week. The stock is also gaining amid positive earnings results from peer banks, including Bank of America, which reported a 19% YoY net income growth for Q2 of FY23.

Portfolio Pulse from Henry Khederian

July 18, 2023 | 2:49 pm

JPM

A new report by JP Morgan Chase (NYSE:JPM) reveals that the median American now has more money in their bank account than before the pandemic, even when adjusting for inflation. However, account balances are at their lowest point in over three years, indicating a return to pre-pandemic levels. J.P. Morgan's shares have climbed almost 5% in the last five trading sessions and 2.4% on Monday alone, following better-than-expected quarterly results. The report also shows that median cash balances for all income groups were 10 to 15 percent higher by the end of March 2023, compared to March 2019.

Portfolio Pulse from Natan Ponieman

July 18, 2023 | 2:49 pm

BWA

ON

ON Semiconductor Corp (ON) has signed a deal with BorgWarner Inc (BWA) to expand their strategic collaboration for silicon carbide (SiC) for a total lifetime deal value of over $1 billion. BWA plans to integrate ON's EliteSiC 1200 V and 750 V power devices into their VIPER power modules. ON will offer high-performance EliteSiC technology supporting the EV traction market and successful adoption in high-volume automotive applications.

Portfolio Pulse from Lekha Gupta

July 18, 2023 | 2:49 pm

IWM

UPST

Upstart Holdings Inc’s (NASDAQ:UPST) stock traded up by about 3% on Tuesday morning, following a strong Monday where it traded higher by more than 10%. The stock has increased by more than 200% in the last six months. The stock is also trading higher amid overall strength in small-caps. The iShares Russell 2000 ETF (NYSE:IWM), which tracks 2000 of small-cap companies in the United States, was outperforming all major indices Tuesday morning.

Portfolio Pulse from Aaron Bry

July 18, 2023 | 2:49 pm