Streetbeat News

Stock Prices

TGT

Target Corp (NYSE:TGT) has declared a quarterly dividend of $1.10 per common share, a 1.9% increase from the prior dividend of $1.08. The dividend is payable on September 10, 2023, and marks the 52nd consecutive year of annual dividend increases.

Portfolio Pulse from Shivani Kumaresan

June 15, 2023 | 12:17 pm

VGK

The European Central Bank (ECB) has raised its benchmark refinancing rate to 4.00%, according to Reuters. This may impact the Vanguard FTSE Europe ETF (VGK).

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:16 pm

AAVEUSD

USDTUSD

Tether's stablecoin USDT experienced a temporary de-pegging as the Curve 3Pool became imbalanced, with USDT's balance surging to over 70%. This resulted in USDT trading at around $0.997. The imbalance may be due to direct attacks on Tether or whales attempting to harm Curve positions by shorting USDT on AAVE.

Portfolio Pulse from Murtuza Merchant

June 15, 2023 | 12:15 pm

ZEV

Lightning eMotors (NYSE:ZEV) announced the production launch of its next-generation GM-based Lightning ZEV4 work trucks, offering multiple vehicle types for various applications. The company has accelerated ZEV4 production to meet customer demands for Class 4 school buses and shuttle buses. The Lightning ZEV4 model comes with 120 kWh batteries, 241 horsepower, 790 lb-ft of torque, and up to 130 miles of range. State and federal funding programs in the US and Canada are available to help offset the cost of fleet vehicle electrification.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:12 pm

ACN

ALGT

AMD

BHG

DPZ

ESPR

GLW

KSS

SPSC

VSTM

WRN

Several analysts have updated their price targets and ratings for multiple US-listed companies, including Accenture, Domino's Pizza, Allegiant Travel, Advanced Micro Devices, Corning, Verastem, Bright Health Group, Kohl's Corporation, SPS Commerce, Western Copper and Gold, and Esperion Therapeutics.

Portfolio Pulse from Lisa Levin

June 15, 2023 | 12:10 pm

HNNMY

H&M reported a 6% YoY growth in Q2 FY23 sales to SEK57.6 billion, with sales in local currencies remaining flat. Unfavorable weather conditions impacted sales in several large markets, while June has started well. Analysts expect warmer weather to help Q3 sales.

Portfolio Pulse from Shivani Kumaresan

June 15, 2023 | 12:09 pm

AIXI

Xiao-I Corporation (NASDAQ:AIXI), a leading cognitive AI enterprise in China, has launched a US subsidiary, Xiao-I Plus Inc., as part of its global expansion strategy.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:07 pm

PI

Impinj (NASDAQ:PI) has received 7 bullish and 1 somewhat bullish ratings from analysts in the last quarter, with an average price target of $132.25, indicating an upside from the current price of $103.76. The average price target has decreased by 5.15% from the previous average of $139.43.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 12:07 pm

PRO

8 analysts have rated Pros Holdings (NYSE:PRO) with an average price target of $35.62, implying an upside from the current price of $30.21. The average price target has increased by 4.76% over the past month.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 12:06 pm

SPSC

Over the past 3 months, 5 analysts have published their opinion on SPS Commerce (NASDAQ:SPSC) stock, with an average price target of $169.8, implying downside compared to the current price of $179.42. The average price target has increased by 8.15% over the past month.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 12:06 pm