Streetbeat News

Stock Prices

MVIS

MicroVision Inc (NASDAQ:MVIS) announced a proposed $75 million public offering of its common stock, with an option for underwriters to purchase an additional $11.25 million in common stock. The company plans to use the net proceeds for general corporate purposes. MicroVision shares are down 110.5% at $5.70.

Portfolio Pulse from Adam Eckert

June 14, 2023 | 1:04 pm

MVIS

MicroVision announced a proposed public offering of common stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:03 pm

SGH

Over the past 3 months, 5 analysts have published their opinion on SMART Global Holdings (NASDAQ:SGH) stock, with 4 bullish and 1 somewhat bullish. The average 12-month price target is $29.8, with a high of $35.00 and a low of $25.00. The average price target has increased by 22.48% over the past month.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 1:02 pm

WEN

In the last quarter, Wendy's (NASDAQ:WEN) received 2 bullish, 1 somewhat bullish, and 3 indifferent ratings from 6 analysts. The average 12-month price target is $25.17, up 0.68% from the previous average of $25.00.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 1:02 pm

SPGI

S&P Global (NYSE:SPGI) has received 7 somewhat bullish analyst ratings in the last quarter, with an average price target of $411.86, implying an upside compared to the current price of $390.56. The average price target has increased by 2.35% over the past month.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 1:01 pm

BPMC

Analysts have provided various ratings for Blueprint Medicines (NASDAQ:BPMC) within the last quarter, with an average price target of $73.0 compared to its current price of $58.3. The average price target has increased by 25.65% over the past month.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 1:01 pm

WETG

WeTrade Group Inc. (NASDAQ: WETG) has launched a large-scale language processing model to increase its technical reserves in the field of artificial intelligence. The model is currently in the trial stage and can handle various language processing tasks.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:01 pm

WLK

Analysts have provided ratings for Westlake (NYSE:WLK) within the last quarter, with an average price target of $120.0, implying upside from the current price of $116.02. The current average has increased by 4.12% from the previous average price target of $115.25.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 1:01 pm

LVO

LiveOne announces updates on PodcastOne's planned spin-out, including strengthening its balance sheet, increasing the special dividend from 12% to ~19%, and repaying $3M of PodcastOne's convertible debt. The S-1 Registration Statement has been declared effective by the SEC, and LiveOne will own ~74% of PodcastOne's outstanding shares post spin-out.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:54 pm

GM

IBM

MS

CNBC's 'Halftime Report Final Trades' featured General Motors (GM), IBM, and Morgan Stanley (MS). GM is buying back shares and investing $632 million in its Fort Wayne Assembly plant. Analysts have a consensus Buy rating on GM. Morgan Stanley has a 3% dividend yield and plans to appoint a new CEO within 12 months. IBM plans to open its first quantum data center in Europe.

Portfolio Pulse from Priya Nigam

June 14, 2023 | 12:54 pm