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Stock Prices

ICLR

Barclays has maintained an Overweight rating on ICON's stock and increased its price target from $250 to $280. This has led to a rise in ICON's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:56 pm

WPC

W. P. Carey reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:51 pm

DJIA

The Dow Jones Industrial Average (DJIA) ended its 13-day winning streak with a drop of 237.40 points, or 0.67%, on Thursday. Despite this, the DJIA has shown overall growth, surging by 6.39% year-to-date. However, it lags behind the S&P 500's 17.87% increase and the Nasdaq Composite's 40.05% gains. The DJIA has seen a strong performance in July, with a rise of over 3%.

Portfolio Pulse from Zaheer Anwari

July 28, 2023 | 6:51 pm

KLAC

KLA Corp's shares are trading higher by around 5% after the company reported strong Q4 FY23 results, beating consensus on both revenues and adjusted EPS. The company also provided a positive outlook for Q1 FY24. Several analysts, including those from Wells Fargo, JP Morgan, Barclays, Stifel, TD Cowen, and Susquehanna, raised the price target for KLAC.

Portfolio Pulse from Lekha Gupta

July 28, 2023 | 6:51 pm

BAC

A significant number of investors have taken a bearish stance on Bank of America (NYSE:BAC), with 71% of detected trades being bearish. The targeted price range for BAC over the last 3 months is $23.0 to $35.0. The current price of BAC is $31.9, down by 0.16%. Analysts from Oppenheimer, RBC Capital, Morgan Stanley, and BMO Capital have given various price targets, with the highest being $52 by Oppenheimer.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:46 pm

TMO

A significant bearish stance has been taken on Thermo Fisher Scientific (NYSE:TMO) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The whales have been targeting a price range from $530.0 to $620.0 for TMO over the last 3 months. Analysts from Wells Fargo, Baird, Credit Suisse, JP Morgan, and Morgan Stanley have given various ratings and price targets for TMO.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:45 pm

MA

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Analysts from Raymond James, Wells Fargo, BMO Capital, and Baird have maintained an Outperform rating on Mastercard Inc (NYSE:MA) and raised their price targets, following the company's solid 2Q results. The company's outlook for the year and 3Q guide were also reiterated. Mastercard's stock is currently trading at a discount to its historical relative P/E, making it a favorable bet according to analysts.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 6:31 pm

FTNT

Over the past 10 years, Fortinet (NASDAQ:FTNT) has outperformed the market by 23.22% on an annualized basis, producing an average annual return of 33.55%. If an investor had bought $1000 of FTNT stock 10 years ago, it would be worth $18,129.41 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:30 pm

GFS

GLOBALFOUNDRIES Inc. (NASDAQ:GFS) has seen a 1.35% increase in the current market session, with its share price at $62.29. Despite a 3.55% decrease over the past month, the stock has increased by 14.21% over the past year. The company's P/E ratio of 22.35 is lower than the industry average of 77.74, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:30 pm

SE

Sea (NYSE:SE) has outperformed the market over the past 5 years by 24.95% on an annualized basis, producing an average annual return of 35.1%. If an investor had bought $1000 of SE stock 5 years ago, it would be worth $4,684.13 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 6:30 pm