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DKNG

DraftKings Inc (NASDAQ:DKNG) shares are trading higher following positive analyst coverage. BofA Securities analyst Shaun Kelley upgraded DraftKings from a Neutral rating to a Buy rating and raised the price target to $35. Benchmark analyst Mike Hickey also maintained DraftKings with a Buy rating and raised the price target from $26 to $32. The stock has already risen more than 150% year-to-date.

Portfolio Pulse from Adam Eckert

July 12, 2023 | 1:04 pm

LI

XPEV

The weekly sales data chart released by Li Auto, showing it sold 7,900 units in the 28th week of 2023, has been questioned by some employees of XPENG Motors. NIO and Tengshi were also mentioned in the chart with sales of 3,100 and 2,500 units respectively. This is not the first time Li Auto's sales data has been disputed.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:02 pm

QTWO

Over the past 3 months, 12 analysts have published their opinion on Q2 Holdings (NYSE:QTWO) stock. The company has an average price target of $30.75, representing a 8.97% decrease from the previous average price target of $33.78.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:01 pm

SQSP

Analysts have provided various ratings for Squarespace (NYSE:SQSP) within the last quarter, with the majority being indifferent. According to 13 analysts offering 12-month price targets in the last 3 months, Squarespace has an average price target of $32.08, which has increased by 14.57% over the past month.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:01 pm

BIDU

Baidu Inc.'s shares have increased by 12.97% in the past three months. The company's total debt stands at $12.14 billion, with $9.16 billion in long-term debt and $2.98 billion in current debt. After adjusting for $7.71 billion in cash-equivalents, the net debt is $4.43 billion. Baidu's total assets are $56.69 billion, making the debt-ratio 0.21. Debt is an important factor in a company's capital structure and contributes to its growth.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:00 pm

RXST

RxSight (NASDAQ:RXST) has received 4 bullish and 2 indifferent analyst ratings in the last quarter. The average price target is $26.0, which is lower than the current price of $30.77. The average price target has increased by 22.64% over the past month.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:00 pm

AVB

Over the past 3 months, 8 analysts have published their opinion on AvalonBay Communities (NYSE:AVB) stock. The average price target for AVB has increased by 5.65% from the previous average price target of $186.88 to $197.44. The ratings are generally positive with 2 bullish, 1 somewhat bullish, and 5 indifferent ratings.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:00 pm

JEF

Analysts have provided mixed ratings for Jefferies Financial Gr (NYSE:JEF) in the last quarter, with 1 somewhat bullish, 1 indifferent, and 2 somewhat bearish. The company has an average 12-month price target of $33.75, which has increased by 7.72% over the past month.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:00 pm

CYBR

HACK

IHAK

MSFT

Microsoft Corp (NASDAQ:MSFT) has reported a breach by China-based hacking group, Storm-0558, into email accounts linked to Western European government agencies. The breach, which remained undetected for about a month, affected approximately 25 organizations. Microsoft discovered the breach in mid-June and has since notified the affected customers and completed mitigation efforts. The company is also partnering with the Department of Homeland Security's cyber defense agency to address the breach. MSFT shares traded higher by 1% at $335.81 premarket on the last check Wednesday.

Portfolio Pulse from Anusuya Lahiri

July 12, 2023 | 12:59 pm

DAL

Delta Air Lines, Inc. (NYSE:DAL) is expected to report higher Q2 earnings of $2.37 per share, up from $1.44 per share a year ago. The company's revenue is projected to be $14.45 billion. Delta Air shares rose 0.4% to close at $48.66 on Tuesday. Several analysts have recently updated their price targets for the company, with most predicting an upside.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 12:58 pm