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Stock Prices

KLAC

KLA Corp's shares are trading higher by around 5% after the company reported strong Q4 FY23 results, beating consensus on both revenues and adjusted EPS. The company also provided a positive outlook for Q1 FY24. Several analysts, including those from Wells Fargo, JP Morgan, Barclays, Stifel, TD Cowen, and Susquehanna, raised the price target for KLAC.

Portfolio Pulse from Lekha Gupta

July 28, 2023 | 6:51 pm

BAC

A significant number of investors have taken a bearish stance on Bank of America (NYSE:BAC), with 71% of detected trades being bearish. The targeted price range for BAC over the last 3 months is $23.0 to $35.0. The current price of BAC is $31.9, down by 0.16%. Analysts from Oppenheimer, RBC Capital, Morgan Stanley, and BMO Capital have given various price targets, with the highest being $52 by Oppenheimer.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:46 pm

TMO

A significant bearish stance has been taken on Thermo Fisher Scientific (NYSE:TMO) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The whales have been targeting a price range from $530.0 to $620.0 for TMO over the last 3 months. Analysts from Wells Fargo, Baird, Credit Suisse, JP Morgan, and Morgan Stanley have given various ratings and price targets for TMO.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:45 pm

MA

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Analysts from Raymond James, Wells Fargo, BMO Capital, and Baird have maintained an Outperform rating on Mastercard Inc (NYSE:MA) and raised their price targets, following the company's solid 2Q results. The company's outlook for the year and 3Q guide were also reiterated. Mastercard's stock is currently trading at a discount to its historical relative P/E, making it a favorable bet according to analysts.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 6:31 pm

FTNT

Over the past 10 years, Fortinet (NASDAQ:FTNT) has outperformed the market by 23.22% on an annualized basis, producing an average annual return of 33.55%. If an investor had bought $1000 of FTNT stock 10 years ago, it would be worth $18,129.41 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:30 pm

GFS

GLOBALFOUNDRIES Inc. (NASDAQ:GFS) has seen a 1.35% increase in the current market session, with its share price at $62.29. Despite a 3.55% decrease over the past month, the stock has increased by 14.21% over the past year. The company's P/E ratio of 22.35 is lower than the industry average of 77.74, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:30 pm

SE

Sea (NYSE:SE) has outperformed the market over the past 5 years by 24.95% on an annualized basis, producing an average annual return of 35.1%. If an investor had bought $1000 of SE stock 5 years ago, it would be worth $4,684.13 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:30 pm

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TNXP

U.S. stocks traded higher with the Nasdaq Composite gaining around 250 points. Colgate-Palmolive Company reported better-than-expected Q2 earnings with a sales growth of 7.5% YoY to $4.82 billion. Business First Bancshares, Reata Pharmaceuticals, and Roku also reported upbeat quarterly results. However, Tonix Pharmaceuticals, Sleep Number Corporation, and Eos Energy Enterprises saw a drop in their shares.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 6:30 pm

TXRH

Wedbush analyst Nick Setyan reiterated a Buy rating on Texas Roadhouse Inc (NASDAQ:TXRH) with a price target of $123. The analyst increased Q3 same-store sales (SSS) growth estimate to 9.0% from 6.0% and the 2023 SSS growth estimate to 9.5% from 8.4%. The analyst views TXRH’s value proposition and operational initiatives as the primary drivers of SSS growth. The analyst decreased the 2023 EPS estimate slightly to $4.72 from $4.74. TXRH shares are trading lower by 2.06% at $109.91.

Portfolio Pulse from Shivani Kumaresan

July 28, 2023 | 6:19 pm

AXP

A significant bearish stance has been taken on American Express (NYSE:AXP) as indicated by unusual options activity. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $135.0 to $170.0 for American Express over the last 3 months. Several experts have downgraded their ratings on AXP, with price targets ranging from $146 to $203.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:16 pm