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MTW

Manitowoc Co (NYSE:MTW) has received indifferent ratings from six analysts in the last quarter, with an average price target of $18.58, implying an upside from the current price of $14.48. The average price target has increased by 0.87% from the previous average of $18.42.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:00 pm

STM

STMicroelectronics (NYSE:STM) has outperformed the market over the past 10 years by 7.72% on an annualized basis, producing an average annual return of 17.28%. If an investor had bought $100 of STM stock 10 years ago, it would be worth $487.29 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:00 pm

APD

Air Products & Chemicals (NYSE:APD) has outperformed the market over the past 20 years by 2.63% on an annualized basis, producing an average annual return of 9.96%. If an investor had bought $100 of APD stock 20 years ago, it would be worth $659.80 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:00 pm

AGCO

Over the past three months, six analysts have published their opinions on AGCO (NYSE:AGCO) stock. The majority of these ratings are bullish, with an average price target of $153.83, compared to the current price of $120.82. This average has increased by 1.2% from the previous average price target of $152.00.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:00 pm

AMAT

AMD

NVDA

Semiconductor stocks are trading lower due to inflation and rate hike concerns. The U.S. is reportedly planning to close the loophole that allowed Chinese companies to access American AI chips, which is also negatively affecting these stocks.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 5:58 pm

UPS

A significant amount of unusual options activity has been detected for United Parcel Service (NYSE:UPS), with a bearish stance being taken by a 'whale' investor. Of the 11 strange trades detected, 45% were bullish and 54% were bearish. The total amount for puts was $351,361 and for calls was $302,782. The price target range for UPS over the last 3 months has been $135.0 to $170.0. Analysts from JP Morgan, TD Cowen, Raymond James, Susquehanna, and HSBC have maintained their ratings on UPS, with price targets ranging from $160 to $200.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:46 pm

BIDU

A significant bearish stance on Baidu (NASDAQ:BIDU) has been observed, with 60% of big-money traders showing bearish sentiment. The mean open interest for Baidu options trades today is 744.78 with a total volume of 2,318.00. The price of BIDU is down -0.87% at $127.01. Bernstein maintains their Outperform rating on Baidu, with a price target of $168.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:46 pm

BABA

CTRYF

DIDIY

DSECF

JEF

SIOLY

SNCNQ

TCEHY

WARFF

Hong Kong and China stocks closed lower due to weak consumer sentiment and property market concerns. Alibaba (BABA) and Tencent (TCEHY) fell more than 3% due to weak consumption demand. JD.com (JD) dropped 10% after Citigroup (C), Daiwa Securities (DSECF), and Jefferies Financial (JEF) cut price and revenue targets for the company. Morgan Stanley (MS) revised its estimates for the Hong Kong property market, downgrading Wharf Holdings (WARFF) and the overall property market. Sino-Ocean Group (SIOLY) defaulted on its bond repayments, while Country Garden Holdings (CTRYF) and Sunac China Holdings (SNCNQ) also fell. Didi Global (DIDIY) is planning a Hong Kong Stock Exchange listing.

Portfolio Pulse from Daniel Harrison

October 13, 2023 | 5:45 pm

IBM

IBM shares are being closely watched due to mentions in a newsletter.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 5:45 pm

ABL

CCG

GOCO

HIPO

During Friday's intraday session, several insurance stocks experienced significant movements. Gainers included Cheche Group (CCG), Hippo Holdings (HIPO), Tian Ruixiang Holdings (TIRX), Allstate (ALL), SelectQuote (SLQT), and Kemper (KMPR). Losers included GoHealth (GOCO), Abacus Life (ABL), Heritage Insurance Hldgs (HRTG), Marpai (MRAI), Root (ROOT), and MBIA (MBI).

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:40 pm