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ESI

BMO Capital Markets analyst Bhavesh Lodaya initiated coverage of Element Solutions Inc (NYSE:ESI) with an Outperform rating and a price target of $23. Lodaya is bullish on the company's diversified offerings, low capital intensity, and high cash flow generation, expecting ESI to benefit from 5G, semiconductors, and EV market growth.

Portfolio Pulse from Lekha Gupta

June 20, 2023 | 6:01 pm

OWLT

Owlet announced FDA clearance for its BabySat pulse oximetry sock for infants, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 6:00 pm

EVGO

In the last quarter, EVgo (NASDAQ:EVGO) received 1 bullish, 3 somewhat bullish, 2 indifferent, and 2 somewhat bearish ratings from 8 analysts. The average price target is $7.89, implying an upside from the current price of $4.31. The average price target has decreased by 17.38% from the previous average of $9.55.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 6:00 pm

BILI

TME

Bilibili (BILI) and Tencent Music Entertainment (TME) shares are trading lower after China's central bank cut its one-year loan prime rate and five-year rate to stimulate economic recovery. The easing measures were not as extensive as anticipated due to concerns regarding the property market.

Portfolio Pulse from Henry Khederian

June 20, 2023 | 6:00 pm

NTES

NetEase Inc (NASDAQ:NTES) shares are trading lower by 2.98% to $95.52 during Tuesday's session, following China's central bank cutting its one-year loan prime rate and five-year rate to stimulate economic recovery. The easing measures were not as extensive as anticipated due to concerns regarding the property market.

Portfolio Pulse from Henry Khederian

June 20, 2023 | 5:59 pm

NIO

NIO Inc's shares are trading lower by 1.22% after China's central bank cut its one-year loan prime rate and five-year rate to stimulate economic recovery. The easing measures were not as extensive as anticipated due to concerns regarding the property market.

Portfolio Pulse from Henry Khederian

June 20, 2023 | 5:59 pm

TSLA

Tesla shares are trading higher after the company was granted two U.S. patents.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 5:57 pm

ENTG

BMO Capital Markets analyst Bhavesh Lodaya initiated coverage of Entegris Inc (NASDAQ:ENTG) with an Outperform rating and a price target of $129. Lodaya sees strong growth prospects for ENTG, driven by its high EBITDA growth, margins, and rising demand for contamination control in AI, AR/VR, and 5G.

Portfolio Pulse from Lekha Gupta

June 20, 2023 | 5:57 pm

BAC

T

AT&T CFO Pascal Desroches reiterated the company's full-year free cash flow target of $16 billion or more for 2023 at the Bank of America C-Suite Technology, Media and Telecommunications Conference. The company is tracking to over 300,000 postpaid phone net additions for Q2 and plans to deploy a generative AI tool for employees. AT&T's 6.97% dividend yield may be attractive for investors, despite its long-term stock price decline and considerable debt load.

Portfolio Pulse from AJ Fabino

June 20, 2023 | 5:50 pm

NVO

Novo Nordisk (NYSE:NVO) has filed lawsuits against medical spas, weight-loss clinics, and wellness clinics for illegally marketing custom-made versions of Ozempic and other medicines for weight loss. The company is increasing Wegovy production to meet demand and has sought court intervention to prevent false advertising and trademark infringement.

Portfolio Pulse from Vandana Singh

June 20, 2023 | 5:49 pm