Streetbeat News

Stock Prices

ONON

Over the past 3 months, 13 analysts have published their opinion on On Holding (NYSE:ONON) stock. The analysts have an average price target of $37.54 versus the current price of On Holding at $27.5, implying an upside. This current average represents a 1.21% decrease from the previous average price target of $38.00.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 8:00 pm

PK

Analysts have provided various ratings for Park Hotels & Resorts (NYSE:PK) within the last quarter, with 1 bullish, 2 somewhat bullish, and 5 indifferent. The average price target is $14.5, implying an upside from the current price of $13.66. This average has decreased by 2.03% from the previous average price target of $14.80.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 8:00 pm

LOW

RBC Capital Markets analyst Steven Shemesh initiated coverage on Lowe's Companies, Inc. (NYSE:LOW) with a Sector Perform rating and a price target of $194. Shemesh expects Lowe's sales mix to result in underperformance in the near term due to worsening consumer backdrop. The analyst has a bearish view on home improvement due to higher interest rates, inflation, and shifting consumer spending towards services. Consequently, he estimates comp sales and EPS of -3.5% and $13.29 in FY23 and -0.3% and $13.84 in FY24.

Portfolio Pulse from Lekha Gupta

November 07, 2023 | 7:58 pm

LCID

Lucid Group, Inc (NASDAQ:LCID) is set to release its Q3 earnings after the markets close on Tuesday. The stock was trading slightly lower ahead of the event. In Q2, Lucid reported a loss of 40 cents per share on revenue of $150.9 million, missing the Street estimate. For Q3, analysts estimate a loss of 35 cents per share on revenues of $192.72 million. Lucid's delivery numbers for Q3 were below analyst expectations, which could impact the company's top and bottom lines.

Portfolio Pulse from Melanie Schaffer

November 07, 2023 | 7:56 pm

AAPL

GOOG

GOOGL

MSFT

OpenAI, backed by Microsoft Corp (NASDAQ:MSFT), is reportedly paying its engineers an average of $925,000 per year, outpacing salaries at tech giants like Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL). The high salaries are driven by the growing demand for AI roles. OpenAI's valuation has also been increasing, recently reaching close to $80 billion.

Portfolio Pulse from Adam Eckert

November 07, 2023 | 7:55 pm

DWAC

SPY

Shares of Digital World Acquisition Corp (DWAC) moved higher after a poll showed former President Trump leading in key states. The White House responded by advising to take such polls with a grain of salt.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:54 pm

CCJ

Trading of Cameco Corporation's shares has been halted due to pending code news.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:50 pm

TBLA

Benchmark analyst Mark Zgutowicz has reiterated a Buy rating on Taboola.Com Ltd. (NASDAQ:TBLA) with a price target of $6. The company is set to release its Q3 results on November 8. Zgutowicz is particularly interested in updates on Yahoo! advertiser migration, core platform yield visibility, commerce-driven revenue expectations, and the financial impact of the Middle East conflict. He also expects to gain insight into customer concentration and the financial impact of likely regional ad campaign pauses. The analyst expects revenues of $338.4 million, with EBITDA of $(16.4) million for the quarter.

Portfolio Pulse from Nabaparna Bhattacharya

November 07, 2023 | 7:49 pm

WBD

Benchmark analyst Matthew Harrigan reiterated a Buy rating on Warner Bros. Discovery, Inc (NASDAQ:WBD) and lowered the price target from $26 to $24. Harrigan is confident of WBD’s current stock price level, which severely discounts the value of WBD’s global franchises, especially the studio and HBO. The analyst projects Q3 revenue of $9.96 billion versus the consensus of $10.04 billion.

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 7:45 pm

AXGN

Axogen, a medical technology company, reported mixed Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:40 pm