Streetbeat News

Stock Prices

SPY

The Federal Reserve's May Beige Book highlights a freight recession, persistent job tightness, and sticky inflation. The transportation services industry and commercial real estate sector face significant challenges, while the labor market remains robust and inflation continues to rise at a slower pace.

Portfolio Pulse from Piero Cingari

May 31, 2023 | 6:30 pm

KSS

Kohl's shares are trading lower due to recent calls for a boycott on social media.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:29 pm

TOL

Credit Suisse analyst Dan Oppenheim reiterated an Outperform rating on Toll Brothers Inc (NYSE:TOL) with a price target of $73. The analyst increased the 2023 and 2024 EPS estimates based on stronger margins, other income, higher deliveries, and recovery in order trends.

Portfolio Pulse from Shivani Kumaresan

May 31, 2023 | 6:28 pm

VKTX

Viking Therapeutics shares are trading higher after Roth MKM assumed coverage on the stock with a Buy rating and a $32 price target.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:27 pm

MNDY

Piper Sander reiterated an Overweight rating on Monday.Com (MNDY) and maintained its $200 price target, causing the stock to trade higher.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:25 pm

FUN

SEAS

SIX

Goldman Sachs initiates coverage on theme park stocks Cedar Fair (FUN), SeaWorld Entertainment (SEAS), and Six Flags Entertainment (SIX) amid post-COVID demand and growth in admissions and in-park spending. Analyst Lizzie Dove gives buy ratings to FUN and SEAS, and a sell rating to SIX.

Portfolio Pulse from AJ Fabino

May 31, 2023 | 6:20 pm

CHS

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Chico's FAS, Inc. (NYSE:CHS) with a price target of $6. The company is moving away from enclosed malls and focusing on lifestyle centers and open-air malls. The analyst estimates EPS of $0.29, total sales growth of 1% Y/Y to $546 million, and gross margin expansion to 41.8%.

Portfolio Pulse from Nabaparna Bhattacharya

May 31, 2023 | 6:20 pm

AAPL

META

Apple is expected to unveil its mixed reality headset, Reality Pro, at the upcoming WWDC event. The device is priced around $3k and runs on a new operating system called xrOS. Analyst Daniel Ives maintains an Outperform rating on Apple with a price target of $205.

Portfolio Pulse from Anusuya Lahiri

May 31, 2023 | 6:18 pm

T

A large bearish position on AT&T (NYSE:T) has been observed, with 70% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $13.0 to $20.0 for AT&T over the last 3 months. RBC Capital downgraded its action to Sector Perform with a price target of $19.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:16 pm

TEAM

Atlassian shares are trading higher after Wells Fargo raised its price target on the stock from $180 to $200.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:15 pm