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Stock Prices

GS

Goldman Sachs shares are trading higher without any company-specific news.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:53 pm

STAA

STAAR Surgical's slow U.S. adoption has led William Blair to downgrade the company from Outperform to Market Perform. The analyst believes that 10%+ penetration is achievable in the U.S., but it will take more time and investment than anticipated. STAAR's shares are down 5.12% at $51.99.

Portfolio Pulse from Vandana Singh

June 07, 2023 | 6:53 pm

FARM

Farmer Brothers announced an agreement to sell its Northlake, TX Coffee facility to TreeHouse for $100 million, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:51 pm

RCRT

Recruiter.com announced an agreement to purchase fintech assets GoLogiq, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:48 pm

CSCO

Unusual options activity has been observed in Cisco Systems (NASDAQ:CSCO), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 16 uncommon options trades, with 87% being bearish. The targeted price range for Cisco Systems over the last 3 months is $42.5 to $52.5.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 6:47 pm

AMZN

GOOG

GOOGL

NVDA

SNOW

Piper Sandler analyst Thomas Champion maintains an Overweight rating on Amazon.com Inc (NASDAQ:AMZN) and raises the price target from $130 to $150. He predicts that Amazon's proprietary silicon strategy may boost AWS growth and performance. The recent Nvidia Corp (NASDAQ:NVDA) print indicates a historic demand shift towards AI computing, with Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google searches and Reddit data showing strong interest in AWS AI offerings.

Portfolio Pulse from Anusuya Lahiri

June 07, 2023 | 6:46 pm

AUR

Aurora Innovation shares are trading higher after Canaccord Genuity initiated coverage on the stock with a Buy rating and a $5 price target.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:43 pm

CIEN

Needham analyst Alex Henderson reiterated a Buy rating on Ciena Corporation (NYSE:CIEN) and lowered the price target to $60 from $70. The company's strong demand and improving supply chain are expected to result in double-digit growth, GM expansion, and significant operating leverage. Ciena is also expected to execute large buybacks, providing additional support for its stock.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 6:41 pm

AI

AMD

AMZN

GOOGL

MRVL

MSFT

NFLX

NVDA

AI has become a central point of interest for investors, driving valuations and market trends. C3.ai Inc's shares have soared more than 223% this year, while Nvidia Corporation's stock value more than doubled. Hedge funds are investing in tech giants like Microsoft, Alphabet, and Nvidia, with Microsoft being the preferred choice due to its $13 billion investment in OpenAI.

Portfolio Pulse from AJ Fabino

June 07, 2023 | 6:40 pm

BASE

Couchbase shares are trading lower after the company issued Q2 guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:40 pm