Streetbeat News

Stock Prices

ETSY

Etsy shares are trading lower due to weakness in the broader retail sector after Foot Locker cut its financial outlook and US debt limit talks stalled.

Portfolio Pulse from Bill Haddad

May 19, 2023 | 7:00 pm

TSLA

Tesla is offering discounts of over $1,300 on some Model 3 cars in its U.S. inventory, potentially indicating an attempt to boost sales.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:51 pm

MUFG

Mitsubishi UFJ Financial Group (MUFG) shares are trading lower as the stock pulls back following recent strength.

Portfolio Pulse from Bill Haddad

May 19, 2023 | 6:50 pm

MRVL

A large bearish position on Marvell Tech (NASDAQ:MRVL) has been spotted, with 57% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $37.5 to $60.0 for Marvell Tech over the last 3 months. Oppenheimer downgraded its action to Outperform with a price target of $70.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:46 pm

INTC

A whale has taken a bearish stance on Intel (NASDAQ:INTC) with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $27.0 to $35.0 for Intel over the last 3 months. Analysts have mixed ratings on Intel, with price targets ranging from $17 to $36.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:45 pm

BBY

Telsey Advisory Group analyst Joseph Feldman maintained a Market Perform rating on Best Buy (NYSE:BBY) with a price target of $81. He expects Q1 results to show a sales decline of 10.1% to $9.6 billion and EPS of $1.24, down 20.8% YoY, due to challenging macro trends, high inflation, and rising interest rates.

Portfolio Pulse from Nabaparna Bhattacharya

May 19, 2023 | 6:44 pm

NHWK

Zacks Small-Cap Research has set a $10 price valuation for NightHawk Biosciences (NHWK), a biotechnology company focused on developing novel therapeutics.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 6:36 pm

WMS

Oppenheimer analyst Bryan F. Blair reiterates an Outperform rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target to $115 from $108. The company is well-positioned to navigate end-market weakness and leverage the recovery in construction demand, with growth strategies across new geographies.

Portfolio Pulse from Nabaparna Bhattacharya

May 19, 2023 | 6:35 pm

GM

A whale has taken a bullish stance on General Motors (NYSE:GM) with 64% of investors opening trades with bullish expectations and 35% with bearish. Whales have been targeting a price range of $25 to $40 for GM over the last 3 months. The stock is currently down 0.78% at $32.65, with RSI indicators suggesting a neutral position.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:31 pm

CME

CME Group (NASDAQ:CME) has outperformed the market over the past 20 years, producing an average annual return of 14.6% and a current market capitalization of $65.32 billion. An investment of $100 in CME stock 20 years ago would be worth $1,525.37 today.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 6:30 pm