Streetbeat News

Stock Prices

FCNCA

Atlantic Equities has initiated coverage on First Citizens BancShares with an Overweight rating and a price target of $1,775. This has led to an increase in the trading of the company's shares.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 5:08 pm

NCLH

Shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) are trading higher by 7.2% amid broader strength in cruise stocks. This follows Carnival Corporation's Q2 financial results and guidance, which exceeded analyst expectations. Carnival's adjusted FY23 EBITDA is projected to surpass the previously guided range, despite an estimated unfavorable impact from fuel price and currency. NCLH has a 52-week high of $21.30 and a 52-week low of $10.47.

Portfolio Pulse from Henry Khederian

June 28, 2023 | 5:07 pm

ANY

Sphere 3D Corp. (NASDAQ:ANY) has announced a 1-for-7 share consolidation, also known as a reverse stock split, which was approved by shareholders on June 23, 2023. The company's shares will begin trading on a post-consolidation basis on the NASDAQ Capital Market from June 29, 2023. The move is intended to increase the per share trading price of Sphere 3D's common shares to satisfy the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 5:04 pm

AREB

ASTS

KLR

NERV

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Minerva Neurosciences surged 46.2% after announcing a $20 million private placement. Kaleyra jumped 38.3% after Tata Communications announced plans to acquire the company. Among the losers, American Rebel Holdings fell 31.4% after announcing a 1-for-25 reverse stock split. AST SpaceMobile shares fell 29.3% after the company announced pricing of an upsized offering of Class A common stock.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 5:04 pm

DVN

Unusual options activity has been observed for Devon Energy (NYSE:DVN), with a large position indicating a bullish stance. The sentiment among these big-money traders is 77% bullish and 22% bearish. The targeted price range for Devon Energy over the last 3 months is $35.0 to $60.0. The current price of DVN is up 0.63% at $47.62. Analysts from Mizuho, Piper Sandler, and Goldman Sachs have given buy ratings with price targets of $65, $71, and $58 respectively.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:04 pm

ORCL

A significant number of investors have taken a bearish stance on Oracle (NYSE:ORCL), with 57% of recent trades being bearish and 42% bullish. The total amount for puts is $1,273,872 and for calls is $335,385. Whales have been targeting a price range from $105.0 to $130.0 for Oracle over the last 3 months. The current price of ORCL is $117.54, down 0.25%. Analysts from Citigroup, Evercore ISI Group, Goldman Sachs, Barclays, and UBS have maintained neutral ratings on Oracle, with price targets ranging from $106 to $120.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:03 pm

LEA

Morgan Stanley has maintained its Equal-Weight rating for Lear Corporation (NYSE:LEA) and increased its price target from $135.00 to $140.00. Lear's shares are currently trading at $140.07, down 0.38% over the last 24 hours. Lear is a leading automotive seating and electrical systems manufacturer, with GM and North America being its largest customer and regional market.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:02 pm

META

Citigroup has maintained its Buy rating for Meta Platforms (NASDAQ:META) and increased its price target from $315.00 to $360.00. Despite this, Meta's shares have fallen by 0.88% over the last 24 hours, currently trading at $284.53 per share. A move to $360.00 would represent a 26.52% increase from the current share price.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:01 pm

LSXMA

Deutsche Bank has maintained its Buy rating for Liberty SiriusXM Gr (NASDAQ:LSXMA) but lowered its price target from $58.00 to $57.00. The current share price is $31.55, and a move to $57.00 would represent an 80.64% increase. Liberty SiriusXM Gr provides subscription-based satellite radio services in the US and Canada.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:01 pm

ES

BMO Capital has maintained its Market Perform rating for Eversource Energy (NYSE:ES) but lowered its price target from $87.00 to $74.00. Eversource Energy's shares are currently trading down 1.87% at $69.98 per share. A move to $74.00 would represent a 5.74% increase from the current share price.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:01 pm