Streetbeat News

Stock Prices

MOD

DA Davidson analyst Matt J. Summerville reiterated a Buy rating on Modine Manufacturing Company (NYSE:MOD) and raised the price target to $43 from $38. The analyst is bullish on the company's growth in data center and EV component markets, with targeted 5-year organic growth CAGRs of 15%-25% and 40%-50%, respectively.

Portfolio Pulse from Nabaparna Bhattacharya

June 23, 2023 | 5:52 pm

CMG

KeyBanc Capital Markets analyst Eric Gonzalez reiterated an Overweight rating on Chipotle Mexican Grill, Inc. (NYSE:CMG) and raised the price target to $2,300 from $2,050. The analyst cites strong premium digital capabilities, unit returns, and sustained traffic momentum as reasons for optimism. Gonzalez also raised the 2Q23 SSS growth estimate from 7% to 7.5% and the full-year SSS growth estimate from 7% to 7.4%.

Portfolio Pulse from Nabaparna Bhattacharya

June 23, 2023 | 5:51 pm

BABA

Alibaba shares are trading lower by 2.13% after the announcement of Eddie Wu succeeding Daniel Zhang as CEO and Joe Tsai becoming the group's chairman. Additionally, Chinese stocks fell this week due to China's central bank cutting its one-year loan prime rate and five-year rate to stimulate economic recovery.

Portfolio Pulse from Henry Khederian

June 23, 2023 | 5:50 pm

NIO

NIO Inc's shares are trading lower by 4.26% amid concerns over China's economic recovery and the country's central bank implementing rate cuts. The easing measures were not as extensive as anticipated due to concerns regarding the property market.

Portfolio Pulse from Henry Khederian

June 23, 2023 | 5:50 pm

PDD

JD.Com and PDD Holdings stocks are trading lower amid concerns over China's economy and recent rate cuts by the central bank. China has implemented its first reduction in key lending benchmarks in 10 months to support a decelerating economic recovery.

Portfolio Pulse from Henry Khederian

June 23, 2023 | 5:46 pm

DIS

PIK

Kidpik Corp (NASDAQ:PIK) collaborates with Walt Disney Co (NYSE:DIS) for the release of Disney+ Original Movie 'World's Best'. The campaign features Kidpik's pre-styled Classic to Cool boxes, with limited-edition boxes available for a one-time purchase starting at $98.

Portfolio Pulse from Shivani Kumaresan

June 23, 2023 | 5:42 pm

AMC

ATVI

GOOG

GOOGL

MANU

META

NFLX

ROKU

SIRI

TMUS

Benzinga's options activity scanner has detected whale activity in 10 communication services stocks, including AMC, META, GOOGL, MANU, NFLX, GOOG, SIRI, TMUS, ATVI, and ROKU. The scanner tracks large transactions and helps traders discover potential big trading opportunities.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:42 pm

ABNB

CROX

LCID

MLCO

NCLH

NIO

NKE

NWL

SONY

TSLA

Benzinga reports whale activity in 10 consumer discretionary stocks, including TSLA, NIO, NWL, NKE, LCID, ABNB, MLCO, CROX, SONY, and NCLH. The article provides details on options activity, including put/call trades, sentiment, expiration dates, strike prices, and total trade prices.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:42 pm

AAPL

AMD

FSLR

INTC

IONQ

IOT

MSFT

NVDA

YOU

Benzinga's options activity scanner has detected whale alerts in the Information Technology sector, including bullish and bearish sentiments for stocks such as AMD, NVDA, INTC, AAPL, IONQ, AI, IOT, YOU, FSLR, and MSFT.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:42 pm

CPS

CRCT

CVNA

GDHG

KMX

LCUT

ODP

PIK

SWBI

TAST

WKHS

XELB

12 consumer discretionary stocks experienced significant price movements during Friday's intraday session, with Kidpik, Smith & Wesson Brands, Golden Heaven Group Hldgs, Lifetime Brands, ODP, and CarMax among the gainers, while Xcel Brands, Carvana, Carrols Restaurant Group, Cooper-Standard Holdings, Cricut, and Workhorse Gr were the losers.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 5:37 pm