Streetbeat News

Stock Prices

WFC

Wells Fargo shares are trading higher due to overall market strength on debt ceiling talks.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:08 pm

KVUE

Kenvue shares are trading lower without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:05 pm

DASH

DoorDash shares are trading lower without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:05 pm

JPM

SPY

JPMorgan CEO Jamie Dimon stated that he remains committed to his role, but acknowledges that he cannot continue in the position indefinitely. His intensity and dedication to the company remain unchanged.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:05 pm

IEP

Icahn Enterprises (IEP) shares are down 9.87% to $29.04, possibly due to continued volatility following a recent short seller report by Hindenburg. The report raises concerns about IEP's unsustainable 15.8% dividend yield and claims that IEP units are inflated by 75%+ due to three key reasons.

Portfolio Pulse from Henry Khederian

May 22, 2023 | 7:05 pm

TBI

BMO Capital Markets analyst Jeffrey M. Silber upgraded TrueBlue Inc (NYSE:TBI) to Outperform from Market Perform and increased the price target to $20 from $18. The upgrade follows recent industry data showing commercial staffing decline getting 'less worse' and better than the volume decline in professional staffing.

Portfolio Pulse from Lekha Gupta

May 22, 2023 | 7:04 pm

CYTK

In the last quarter, Cytokinetics (NASDAQ:CYTK) received 20 analyst ratings, with 10 bullish, 8 somewhat bullish, and 2 indifferent. The average 12-month price target for CYTK is $59.1, with a high of $71.00 and a low of $48.00. The average price target has increased by 0.92% over the past month.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 7:03 pm

AMD

NVDA

Leaked prices and specs of AMD's Radeon RX 7600 graphics card suggest it may struggle against Nvidia's GeForce RTX 4060 due to similar pricing and potential performance issues. AMD's response may be revealed at the upcoming Computex 2023 event.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:02 pm

CRUS

In the last quarter, Cirrus Logic (NASDAQ:CRUS) received 2 bullish, 3 somewhat bullish, and 1 indifferent analyst ratings. The company's average 12-month price target is $98.33, down 11.09% from the previous average of $110.60.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 7:02 pm

AMZN

GOOGL

LRCX

MU

SNOW

UBER

UPST

The S&P 500 is attempting to break out of a year-long base, while individual stocks like AMZN, GOOGL, SNOW, UBER, UPST, MU, and LRCX are front-running the index with sideways price action followed by upward moves. The market is focusing on inflation, recession, debt ceiling, and weak market breadth, but opportunities for profit on the long side remain.

Portfolio Pulse from Andrew Moss

May 22, 2023 | 7:01 pm