Streetbeat News

Stock Prices

LLY

Eli Lilly's shares are trading lower possibly due to a report indicating that most patients using weight loss drugs, similar to those produced by the company, stop within a year.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:39 pm

MVST

Microvast has announced the expansion of its Colorado energy division to a new facility in Windsor, Colorado. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:39 pm

CRBU

Truist Securities has initiated coverage on Caribou Biosciences with a Buy rating and a $23 price target, leading to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:38 pm

HSAI

Hesai Group's shares are trading higher on above-average volume without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:37 pm

HVT

Benchmark analyst Michael Legg initiated coverage on Haverty Furniture Companies Inc (HVT) with a Buy rating and a price target of $41. The analyst believes that HVT's strong sales during COVID, improved margins due to internal initiatives, positive migration trends in key states, and a debt-free balance sheet with significant free cash flow make it an attractive investment. The company's stock is currently trading higher by 3.9% at $31.94.

Portfolio Pulse from Shivani Kumaresan

July 11, 2023 | 7:37 pm

SDA

SunCar Technology shares are trading lower without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:36 pm

BA

Boeing Company (NYSE:BA) shares are trading higher after the company announced its Q2 2023 program deliveries across its commercial and defense operations. The company delivered a total of 136 commercial airplanes in Q2, bringing the year-to-date total to 266. The stock has risen 59.18% since the start of the year.

Portfolio Pulse from Ryan Gustafson

July 11, 2023 | 7:33 pm

ECON

SPY

The market on close imbalance is leaning towards the buy-side with $23M. This could potentially impact the overall market sentiment and specifically the ETFs mentioned in the article, ECON and SPY.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:32 pm

MMM

A significant investor has taken a bullish stance on 3M (NYSE:MMM), with 60% of the investors opening trades with bullish expectations and 40% with bearish. The investor has been targeting a price range from $100.0 to $115.0 for 3M over the last 3 months. The price of MMM is up 4.32% at $101.39. Morgan Stanley, Wells Fargo, Barclays, Citigroup, and DA Davidson have maintained their ratings on 3M.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 7:32 pm

MPC

A significant bearish stance has been taken on Marathon Petroleum (NYSE:MPC) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 90% bearish and 10% bullish. The whales have been targeting a price range from $110.0 to $130.0 for Marathon Petroleum over the last 3 months. Wells Fargo and Barclays have maintained their Equal-Weight and Overweight ratings on Marathon Petroleum, respectively, with price targets of $120 and $132.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 7:32 pm