Streetbeat News

Stock Prices

ROP

Oppenheimer has maintained its Outperform rating for Roper Techs (NASDAQ:ROP) and increased its price target from $535.00 to $560.00. This would represent a 13.08% increase from the current share price. Roper Techs is a diversified technology company that has shifted a majority of its business into technology software in mature, niche markets.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:00 pm

DPZ

Domino's Pizza Inc (DPZ) reported 2Q23 U.S. same-store sales growth of +0.1%, lower than Street estimates of +0.4%. Total revenues were $1.02 billion, lower than Street estimates of $1.07 billion. However, adjusted EPS of $3.08 and company-owned operating margins of 18.6% beat Street estimates. Stephens & Co analyst Joshua Long reiterated an Equal-Weight rating on DPZ shares with a price target of $365. DPZ shares are trading higher by 1.56% at $391.43.

Portfolio Pulse from Shivani Kumaresan

July 24, 2023 | 4:58 pm

AEM

AGI

EDVMF

THM

USAU

WRN

In a recent virtual conference by Benzinga, experts discussed the potential for a new 'Supercycle' for gold miners. They highlighted factors such as Fed interest rates, market valuations, geopolitics, ESG, and technological innovation. Imaru Casanova from VanEck, Taylor McKenna from Kopernik Global Investors, and Luke Norman from US Gold Corp. (NYSE:USAU) presented their insights. Casanova identified Endeavor Mining PLC (OTCPK: EDVMF), Alamos Gold Inc. (NYSE:AGI), and Agnico Eagle Mines Ltd (NYSE:AEM) as top stock recommendations. McKenna highlighted Seabridge Gold Inc. (NYSE:SA), International Tower Hill Mines Ltd. (NYSE:THM), and Western Copper and Gold Corp. (NYSE:WRN) as attractive smaller companies. Norman discussed the potential of US Gold Corp. despite its current market discount.

Portfolio Pulse from Piero Cingari

July 24, 2023 | 4:54 pm

ARGX

Argenx shares are trading lower after UBS downgraded the stock from Buy to Neutral but raised its price target from $480 to $570.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 4:53 pm

MRNA

Moderna's stock is trading lower after TD Cowen maintained an Outperform rating but lowered its price target from $175 to $165.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 4:49 pm

A significant amount of unusual options activity has been observed for Morgan Stanley (NYSE:MS), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $80.0 to $110.0 for Morgan Stanley over the last 3 months. The current price of MS is up 1.38% at $95.31. Analysts from JP Morgan, Odeon Capital, Oppenheimer, and BMO Capital have maintained positive ratings on Morgan Stanley, with price targets ranging from $91 to $110.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:46 pm

OXY

A significant amount of unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $23.0 and $67.5. The current price of OXY is up 3.08% at $62.61. Analysts have mixed opinions, with ratings ranging from 'Overweight' to 'Neutral' and price targets between $60 and $75.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:46 pm

AVTBF

DBCCF

HITI

ROMJF

The article discusses the valuation and credit of eighteen U.S. and Canadian cannabis companies with market caps between $20M and $100M. Five of the top-ranked companies by credit quality are Canadian. Avant Brands (OTC:AVTBF), Rubicon Organics (OTC:ROMJF), High Tide (NASDAQ:HITI), and Decibel Cannabis (OTC:DBCCF) are highlighted for their credit quality, liquidity, and leverage. The article suggests that these companies may be good investment opportunities.

Portfolio Pulse from Viridian Capital Advisors

July 24, 2023 | 4:44 pm

AMC

APLD

APPH

KOD

TUP

XXII

US stocks traded higher with the S&P 500 gaining around 0.5%. Energy shares climbed by 2% while health care shares fell by 0.2%. Tupperware Brands Corporation (TUP), AMC Entertainment Holdings (AMC), and Applied Digital Corporation (APLD) saw significant gains. AppHarvest (APPH), Kodiak Sciences Inc. (KOD), and 22nd Century Group (XXII) experienced significant losses. The S&P Global composite PMI fell to 52.0 in July from 53.2 the prior month.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 4:43 pm

HBAN

Shares of Huntington Bancshares Incorporated are trading higher after Raymond James and Stephens & Co raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 4:36 pm