Streetbeat News

Stock Prices

ENPH

A significant investor has taken a bearish stance on Enphase Energy (NASDAQ:ENPH), with 66% of recent trades being bearish. The trades range from $130.0 to $260.0 for Enphase Energy over the last 3 months. The current price of ENPH is down -1.69% at $179.56. The next earnings are expected to be released in 13 days.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:19 pm

KBH

LEN

MDC

PHM

TOL

Raymond James analyst Buck Horne has upgraded ratings on several homebuilding stocks due to bullish stance on the industry. He expects strong momentum in the homebuilding industry into H2 FY23. He upgraded Toll Brothers Inc (TOL) to 'Strong Buy' from 'Outperform' with a price target of $100. Lennar Corp (LEN), PulteGroup Inc (PHM), M.D.C. Holdings Inc (MDC), and KB Home (KBH) were upgraded to 'Outperform' with price targets of $150, $93, $55, and $61 respectively.

Portfolio Pulse from Lekha Gupta

July 14, 2023 | 4:17 pm

ACAD

AEHR

FREQ

GLMD

LESL

THRX

US stocks traded higher with Dow Jones gaining over 100 points. Citigroup reported better-than-expected Q2 results with a net revenue of $19.44 billion, beating the consensus of $19.27 billion. Aehr Test Systems, Frequency Therapeutics, and ACADIA Pharmaceuticals saw their shares rise after positive news, while Theseus Pharmaceuticals, Galmed Pharmaceuticals, and Leslie's saw their shares drop due to negative developments. Crude oil traded down 2%.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 4:13 pm

FOX

FOXA

Donald Trump and Ron DeSantis, the two leading candidates in the Republican race for the 2024 presidential nomination, have expressed differing opinions on the upcoming Republican primary debate. Trump, who leads in most Republican-focused polls, has hinted at skipping upcoming debates, a decision criticized by DeSantis. DeSantis has increased his criticism of Trump in recent months, including highlighting Trump's support for the LGBTQ+ community and his failure to deliver on some 2016 campaign promises. The first Republican debate on Aug. 23 will air on Fox News, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA).

Portfolio Pulse from Chris Katje

July 14, 2023 | 4:11 pm

BJRI

Zacks Surprise Trader has reportedly purchased stock in BJ's Restaurants, according to recent news. This could potentially indicate a positive outlook for the company's stock.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 4:10 pm

PRFX

PainReform Ltd. (NASDAQ:PRFX) shares have been volatile, with trading halted multiple times. The company announced a $2.7 million concurrent registered direct offering and private placement. The stock is trending on StockTwits and has seen heavy trading volume. PRFX shares are trading 127.7% higher at $13.09.

Portfolio Pulse from Erica Kollmann

July 14, 2023 | 4:06 pm

A whale investor has taken a bearish stance on Block (NYSE:SQ), with 62% of the spotted trades being bearish. The whale activity indicates a target price range of $50.0 to $85.0 for Block over the last 3 months. The current price of SQ is down -0.67% at $75.69. Truist Securities maintains a Buy rating on Block with a price target of $80.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:04 pm

BKNG

A significant amount of unusual options activity has been detected for Booking Holdings (NASDAQ:BKNG), with a predominantly bearish stance. The majority of the trades are puts, with a total amount of $475,400, and calls amounting to $668,554. The targeted price range for Booking Holdings over the last 3 months is from $2680.0 to $3000.0. Barclays maintains an Overweight rating on Booking Holdings with a price target of $3130, while JMP Securities and Wedbush have downgraded their actions with price targets of $3000 and $3060 respectively.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:04 pm

ORCL

Unusual options activity has been observed for Oracle (NYSE:ORCL), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 24 uncommon options trades for Oracle, with sentiment split between 45% bullish and 54% bearish. The whales have been targeting a price range from $80.0 to $135.0 for Oracle over the last 3 months. The price of ORCL is up 1.46% at $119.16.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:03 pm

APA

BANL

COP

CTRA

DVN

EOG

EQNR

HPK

KOS

NCSM

OXY

VIST

Energy stocks are trading lower as oil prices pull back after a strong week. The stocks mentioned include APA, BANL, COP, CTRA, DVN, EOG, EQNR, HPK, KOS, NCSM, OXY, and VIST.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 4:03 pm