Streetbeat News

Stock Prices

BKNG

A significant bullish stance has been taken on Booking Holdings (NASDAQ:BKNG) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $2650.0 to $3600.0 for Booking Holdings over the last 3 months. Argus Research has downgraded its action to Buy with a price target of $3677, while DA Davidson maintains a Neutral rating with a price target of $3400.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 2:46 pm

RIVN

Rivian Automotive's stock has been upgraded from Neutral to Buy by UBS, with a new price target of $24. This has resulted in the shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 2:45 pm

BKE

BVH

DKS

GPK

MCFT

The article provides an overview of value stocks in the consumer cyclical sector, highlighting MasterCraft Boat Hldgs (MCFT), Bluegreen Vacations (BVH), Buckle (BKE), Dick's Sporting Goods (DKS), and Graphic Packaging Holding (GPK). It discusses their P/E ratios, recent earnings per share, and dividend yields. The article suggests that these stocks may be undervalued and could rebound, but also notes the risk that this may not happen.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 2:43 pm

CCSI

SCSC

SURG

UMC

The article provides an overview of value stocks in the technology sector, highlighting five companies: ScanSource (SCSC), Consensus Cloud Solutions (CCSI), Surgepays (SURG), United Microelectronics (UMC), and Daqo New Energy (DQ). The companies are considered undervalued based on their low P/E multiples. The article also provides recent earnings per share data and dividend yield for UMC.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 2:41 pm

AKAM

Akamai Technologies is being mentioned in a newsletter, which could potentially influence the stock's performance.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 2:32 pm

EIS

Sirens were heard in northern Israel, warning of possible incoming rockets, according to Reuters citing the Israeli Military. The news may indirectly affect the iShares MSCI Israel ETF (EIS).

Portfolio Pulse from Bill Haddad

October 10, 2023 | 2:29 pm

AGPPY

CHVKF

CTRYF

LGFRY

SIOLY

SOLLY

SZENF

Two-thirds of Chinese property developers have defaulted on their offshore debt over the past year, with China SCE Group Holdings Ltd. being the latest. Country Garden Holdings Limited (OTC:CTRYF) is seeking to renegotiate debt terms with its offshore bondholders after missing a debt repayment. Only 14 out of 54 major developers have not defaulted yet, including Agile Group Holdings Ltd. (OTC:AGPPY), Shui On Land Ltd. (OTC:SOLLY), China Vanke Co. Ltd (OTC:CHVKF), Seazen Group Ltd. (OTC:SZENF), Sino-Ocean Group Holding Ltd. (OTC:SIOLY), and Longfor Group Holdings Ltd. (OTC:LGFRY).

Portfolio Pulse from Daniel Harrison

October 10, 2023 | 2:29 pm

VLRS

Volaris has revised its FY23 revenue guidance downwards from a range of $3.2B-$3.4B to approximately $3.2B.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 2:28 pm

EIS

Hamas has fired hundreds of rockets towards Ashkelon, Israel, according to CNN. The news may have implications for the iShares MSCI Israel Capped ETF (EIS).

Portfolio Pulse from Bill Haddad

October 10, 2023 | 2:28 pm

AKRO

Akero Therapeutics Inc (NASDAQ:AKRO) reported a 36-week analysis of SYMMETRY, a 96-week Phase 2b study of efruxifermin (EFX) in patients with compensated cirrhosis due to nonalcoholic steatohepatitis (NASH). The drug was not statistically significant in improving liver scarring without worsening of NASH, causing shares to tumble. However, statistically significant rates of NASH resolution and improvements in non-invasive liver injury and fibrosis markers were observed in EFX-treated groups.

Portfolio Pulse from Vandana Singh

October 10, 2023 | 2:28 pm