Streetbeat News

Stock Prices

RUN

Analysts have provided various ratings for Sunrun (NASDAQ:RUN) within the last quarter, with 2 bullish, 1 somewhat bullish, and 5 indifferent. The average 12-month price target for Sunrun is $27.0, representing a 9.12% decrease from the previous average price target of $29.71.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 12:00 pm

DAL

DKNG

DPZ

GPOR

HOOD

META

NFLX

PANW

PPC

UBER

Several companies have had their price targets adjusted by various analysts. Gulfport Energy, Uber, Robinhood, Pilgrim's Pride, Mastercard, Palo Alto Networks, Delta Air Lines, DraftKings, Netflix, Domino's Pizza, and Meta Platforms all saw changes in their price targets, with most maintaining their current ratings. The majority of these companies saw their shares rise in pre-market trading or at close on Wednesday.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 11:59 am

BGI

EBET

GNLN

The article lists three consumer stocks that are currently oversold and could present buying opportunities. These include Birks Group Inc. (BGI), Greenlane Holdings, Inc. (GNLN), and EBET, Inc. (EBET). Birks Group reported a 2.9% growth in comparable store sales for the year ended March 25, 2023, despite economic headwinds. Greenlane Holdings recently announced a $4 million public offering. EBET, Inc. received a limited waiver of some financial covenants until June 30, 2023.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 11:58 am

FAST

Fastenal Company (NASDAQ:FAST) reported Q2 sales growth of 5.9% Y/Y to $1.88 billion, slightly missing the consensus of $1.89 billion. The company's gross profit margin contracted to 45.5% from 46.5% a year ago due to a less favorable customer and product mix and higher overhead expenses. Q2 EPS of $0.52 missed the consensus of $0.53. The company declared a dividend per share of $0.35. FAST shares are trading lower by 2.93% at $57.01 premarket.

Portfolio Pulse from Lekha Gupta

July 13, 2023 | 11:51 am

MITT

WMC

AG Mortgage Investment Trust (MITT) has submitted an offer to acquire Western Asset Mortgage Capital Corporation (WMC) for an implied price of $9.88 per share.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:46 am

ASAN

JEQ

NVCT

Insiders have recently purchased shares in Asana, Inc. (ASAN), Nuvectis Pharma, Inc. (NVCT), and Aberdeen Japan Equity Fund Inc (JEQ). ASAN's CEO acquired 160,000 shares following better-than-expected Q1 results and positive FY24 EPS guidance. NVCT's 10% owner bought 10,000 shares after FDA clearance of NXP900 IND. JEQ's Director purchased 1,500 shares after being appointed to the Board of Directors.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 11:39 am

DFLI

Dragonfly Energy announced that it will be awarded a new US patent, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:36 am

USO

OPEC has increased its 2023 global oil-demand growth forecasts by 100,000 barrels per day (B/D) to 2.4 million B/D. The organization also predicts strong oil demand growth in 2024, largely due to Asian economies.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:35 am

CAG

Conagra Brands (NYSE:CAG) reported Q4 adjusted earnings of $0.62 per share, beating the analyst consensus estimate of $0.59 by 5.08%. However, this is a 4.62% decrease from the same period last year. The company's quarterly sales of $2.97 billion missed the analyst consensus estimate of $2.99 billion by 0.57%, but it's a 2.16% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:32 am

VSAT

Viasat reported an unexpected event during the deployment of a reflector that may impact the performance of its ViaSat-3 Americas satellite. This news has led to a decrease in Viasat's share price.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:31 am