Streetbeat News

Stock Prices

AMH

American Homes 4 Rent (NYSE:AMH) has received various analyst ratings in the last quarter, with 2 bullish, 4 somewhat bullish, and 5 indifferent. The average price target is $37.23, slightly above the current price of $37.145. The average price target has increased by 8.38% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:46 am

TTI

Stifel has maintained its Buy rating for Tetra Technologies (NYSE:TTI) and increased its price target from $6.00 to $7.00. This new target represents a potential 39.72% increase from the current share price. Tetra Technologies is a diversified oil and gas services company.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:46 am

MAR

Truist Securities has maintained its Hold rating for Marriott Intl (NASDAQ:MAR) and increased its price target from $213.00 to $221.00. Marriott's shares are currently trading up 0.7% at $206.18 per share. A move to $221.00 would represent a 7.19% increase from the current share price.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:46 am

SWK

Morgan Stanley has maintained its Equal-Weight rating for Stanley Black & Decker (NYSE:SWK) and increased its price target from $90.00 to $99.00. Stanley Black & Decker's shares are currently trading at $103.81, which is 0.16% lower than the previous day.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:46 am

PINS

Pinterest Inc (NYSE:PINS) shares dropped despite reporting a Q2 revenue beat. Analysts from RBC Capital Markets, Roth Capital Partners, Susquehanna, and Benchmark provided mixed reactions. While some praised Pinterest's performance and raised their price targets, others expressed concerns about the platform's user engagement and growth metrics. The stock declined by 4.24% to $27.76.

Portfolio Pulse from Priya Nigam

August 04, 2023 | 11:46 am

RIVN

Rivian Automotive Inc's shares are trading lower by 6.8% due to the downgrade of the long-term credit rating of the United States by Fitch. This downgrade could result in higher interest rates and tightened credit conditions, making it more challenging for Rivian to raise funds. The downgrade also creates a negative sentiment in the financial markets, potentially leading to a reduction in demand for Rivian's shares.

Portfolio Pulse from Henry Khederian

August 04, 2023 | 11:46 am

FIS

Fidelity National Information Services, Inc. (FIS) reported Q2 revenue of $3.746 billion, beating the analyst consensus of $3.700 billion. The company also exceeded the street view of Q2 EPS at $1.55. FIS recorded a non-cash goodwill impairment charge of $6.8 billion related to the Merchant Solutions reporting unit. The company expects Q3 revenues in the range of $3.640 billion-$3.690 billion, versus the consensus of $3.58 billion. FIS shares are trading lower by 1.36% to $60.24.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 11:46 am

EHC

Encompass Health Corporation reported better-than-expected Q2 financial results and issued FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:46 am

LCID

Lucid Group Inc's shares are trading lower by 6.5% due to the downgrade of the long-term credit rating of the United States by Fitch. This downgrade has negatively impacted market sentiment and growth sectors. As an EV startup, Lucid requires significant capital for research and development, and the downgrade may result in higher interest rates and tighter credit conditions, making it more challenging for Lucid to raise funds.

Portfolio Pulse from Henry Khederian

August 04, 2023 | 11:45 am

BGC

BGC Group's shares are trading higher following the company's announcement of better-than-expected Q2 financial results and Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:45 am