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Stock Prices

LLY

Analysts' ratings for Eli Lilly (NYSE:LLY) over the last quarter show a range of sentiments from bullish to bearish. The average 12-month price target has increased by 5.3% to $955.64. Key analysts have raised their price targets, reflecting positive expectations for the company's performance.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 12:00 pm

BNS

KEY

KeyCorp (NYSE:KEY) shares are trading higher after announcing a strategic minority investment agreement with The Bank of Nova Scotia (NYSE:BNS). Scotiabank will invest approximately $2.8 billion in KeyCorp, acquiring about 14.9% of common stock at $17.17 per share. This investment is expected to boost KeyCorp’s CET1 capital ratio and tangible book value per share, and enhance profitability and capital strength. The initial purchase is expected to close by the end of August, with the additional purchase anticipated in the first quarter of 2025.

Portfolio Pulse from Lekha Gupta

August 12, 2024 | 11:59 am

RVNC

Trading for RVNC was halted at 7:55:00 a.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:55 am

NKLA

TSLA

Nikola CEO Steve Girsky expressed confidence in the company's hydrogen fuel cell trucks over battery electric trucks, citing better performance in certain conditions. Nikola reported strong Q2 sales and production growth, despite recalling some battery electric trucks. Tesla's Semi truck is set to start production by 2025, with CEO Elon Musk remaining skeptical about hydrogen fuel cells.

Portfolio Pulse from Anan Ashraf

August 12, 2024 | 11:54 am

DIS

GRPN

Insiders have recently purchased shares in Walt Disney, ZoomInfo Technologies, and Groupon, indicating their confidence in these companies. Notable trades include Disney's Director buying $999,994 worth of shares, ZoomInfo's CEO acquiring $12.7 million worth of shares, and Groupon's Director purchasing $159,150 worth of shares.

Portfolio Pulse from Avi Kapoor

August 12, 2024 | 11:51 am

HOOD

Robinhood shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight, citing the recent pullback as an entry point.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:34 am

ABEO

Abeona Therapeutics reported a Q2 EPS of $(0.26), beating the estimate of $(0.36). The company also reported a cash balance of $123 million.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:33 am

BTCUSD

A former Bank of Japan board member predicts that the central bank will delay further interest rate hikes until 2024, prioritizing market stability. This follows a significant rate hike in July, which impacted the Japanese yen and risk assets like Bitcoin.

Portfolio Pulse from Murtuza Merchant

August 12, 2024 | 11:33 am

PSTV

Plus Therapeutics presented data on its ReSPECT-LM trial of Rhenium Obisbemeda in leptomeningeal disease at the 2024 Society for NeuroOncology/American Society for Clinical Oncology CNS Metastases Conference.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:32 am

BLDP

GOLD

KEY

MNDY

QQQ

SPY

WMT

Nasdaq and S&P 500 futures climbed after a volatile week, with traders focusing on upcoming inflation data and retail earnings from Home Depot and Walmart. KeyCorp shares rose due to Scotiabank's minority stake purchase, while Hawaiian Electric fell after raising a going concern warning. Ballard Power Systems, Barrick Gold, and Monday.com are set to report earnings. The VIX held below 21, and geopolitical tensions rose with Hezbollah's rocket attacks on Israel.

Portfolio Pulse from Shanthi Rexaline

August 12, 2024 | 11:31 am