Streetbeat News

Stock Prices

AMAT

A significant bullish stance has been taken on Applied Mat (NASDAQ:AMAT) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split between 61% bullish and 38% bearish. The whales have been targeting a price range from $135.0 to $155.0 for Applied Mat over the last 3 months. B of A Securities, Mizuho, and Citigroup have all maintained their Buy rating on Applied Mat, with price targets of $165, $152, and $170 respectively.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:47 pm

CMG

A significant number of investors have taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG), with 64% of detected trades being bearish. The price range targeted by these investors over the last 3 months is $1500.0 to $2200.0. The current price of CMG is $1957.0, up 2.33%. Analysts from Morgan Stanley, Wedbush, Truist Securities, TD Cowen, and Keybanc have given their ratings and price targets for CMG.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:47 pm

DIT

Amcon Distributing (AMEX:DIT) has announced a quarterly dividend of 18 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 18 cents lower. Shareholders owning DIT by the end of Wednesday's session are eligible for the dividend, which will be paid out on August 17, 2023.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:46 pm

KT

LIZI

NXST

STCN

UONE

Benzinga Insights has identified five value stocks in the communication services sector that may be worth watching: KT, Lizhi, Steel Connect, Urban One, and Nexstar Media Gr. These stocks were selected based on their low P/E multiples, indicating they may be undervalued. The earnings per share for these companies have shown varied performance, with some increasing and others decreasing.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:46 pm

GE

General Electric Co (GE) announced better-than-expected Q2 results, driven by all three of its segments. However, Oppenheimer analyst Christopher Glynn downgraded the stock from Outperform to Perform, citing valuation concerns. GE shares have risen by 35% since the last upgrade in December 2022.

Portfolio Pulse from Priya Nigam

July 31, 2023 | 2:46 pm

ACRX

ALLR

DVAX

INVA

OGN

The article provides an overview of value stocks in the healthcare sector, highlighting five companies: AcelRx Pharmaceuticals, Innoviva, Allarity Therapeutics, Organon, and Dynavax Technologies. These companies have been identified as undervalued based on their low price-to-earnings (P/E) multiples. The article also provides updates on the companies' Q1 earnings per share and dividend yield (in the case of Organon).

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:45 pm

SN

Trading of SharkNinja shares has been halted due to a circuit breaker being triggered on the downside.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:43 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher after the company announced its highest weekly admissions revenue in company history. This was driven by the releases of 'Barbie' and 'Oppenheimer'. The company also saw strong demand for 'Haunted Mansion', 'Mission: Impossible - Dead Reckoning Part One' and 'Sound Of Freedom'. AMC is set to report second-quarter financial results on Aug 8, with an expected loss of 5 cents per share on revenue of $1.268 billion.

Portfolio Pulse from Adam Eckert

July 31, 2023 | 2:41 pm

BPMC

Wells Fargo has upgraded Blueprint Medicines' stock from Equal-Weight to Overweight, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:41 pm

BAX

Baxter International has issued an Urgent Medical Device Correction for its Spectrum V8 and Spectrum IQ pumps with specific software versions, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:40 pm