Streetbeat News

Stock Prices

CRC

CRWD

KBH

RL

RUN

Five top Wall Street analysts have made new stock picks. Leo Mariani from Roth MKM reiterated a Buy rating on California Resources Corporation (CRC) with a price target of $56, seeing over 1% upside. Rick Patel from Raymond James initiated coverage on Ralph Lauren Corporation (RL) with an Outperform rating and a price target of $135, seeing around 20% upside. Joseph Osha from Guggenheim maintained a Buy rating on Sunrun Inc. (RUN) and increased the price target to $36, seeing around 179% upside. Rob Owens from Piper Sandler maintained an Overweight rating on CrowdStrike Holdings, Inc. (CRWD) and boosted the price target to $210, seeing around 29% upside. Jay McCanless from Wedbush maintained an Outperform rating on KB Home (KBH) and lowered the price target to $55, seeing around 19% upside.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:18 pm

BPTS

Biophytis and Skyepharma have signed a partnership agreement for the production of regulatory batches of Sarconeos (BIO101), a treatment for severe forms of Covid-19. This has led to an increase in Biophytis' share price.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:17 pm

HRMY

Goldman Sachs analyst Corinne Jenkins has downgraded Harmony Biosciences (NASDAQ:HRMY) from Neutral to Sell and lowered the price target from $40 to $31.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:09 pm

HYMC

Hycroft Mining Holding Corporation (NASDAQ:HYMC) plans to file a request for a hearing before the Nasdaq Hearings Panel to present its plan to regain compliance with Nasdaq's minimum bid price requirement. The company's shares will continue to trade on Nasdaq until the Panel's decision is issued.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:07 pm

TSLA

Tesla shares are falling in premarket trading following three consecutive sessions of losses. Concerns over potential shortfalls in third-quarter deliveries and softness in the Chinese market are contributing to the negative sentiment. Rumors about a production pause at the Giga Texas plant until the end of September are also circulating. Gary Black from Future Fund predicts third-quarter deliveries of 440,000 units, below the consensus estimate of 462,000 units. In premarket trading, Tesla fell 1.49% to $241.23.

Portfolio Pulse from Shanthi Rexaline

September 25, 2023 | 12:06 pm

DATS

KLR

NEWR

SPLK

The article lists four tech stocks that are considered overbought and may collapse this month. These include Splunk Inc. (SPLK), which is being acquired by Cisco (CSCO) for $28 billion, New Relic, Inc. (NEWR), which reported better-than-expected Q1 results and is being acquired by Francisco Partners and TPG for $6.5 billion, Kaleyra, Inc. (KLR), which announced a strategic collaboration with Talisma, and DatChat, Inc. (DATS), which recently announced a 1-for-10 reverse stock split.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:05 pm

JOBY

Joby Aviation, Inc. (NYSE:JOBY) has delivered its first electric vertical take-off and landing (eVTOL) aircraft to Edwards Air Force Base, six months ahead of the expected 2024 delivery date. The delivery is part of Joby's $131 million contract with the Department of Defense (DOD). The aircraft will be used for logistics missions, including cargo and passenger transportation. Joby's work with the DOD represents a total potential contract value of $163 million. A second aircraft is planned to be delivered in early 2024.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:04 pm

BX

H

MEI

STAA

Insiders have recently purchased shares in STAAR Surgical Company (STAA), Blackstone Inc. (BX), Hyatt Hotels Corporation (H), and Methode Electronics, Inc. (MEI). This could indicate confidence in the companies' prospects or that the insiders view the stocks as bargains. However, insider purchases should not be the sole indicator for making investment or trading decisions.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:01 pm

PAGP

Analysts have provided various ratings for Plains GP Holdings (NASDAQ:PAGP) within the last quarter, with 2 bullish, 1 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target for PAGP is $17.1, which has increased by 5.23% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:01 pm

PAA

In the last quarter, Plains All American (NASDAQ:PAA) received mixed analyst ratings. Over the past 3 months, 6 analysts have offered 12-month price targets for the company, with an average price target of $16.75. This average price target has increased by 6.01% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 12:01 pm