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Stock Prices

STZ

Constellation Brands (NYSE:STZ) has outperformed the market over the past 20 years by 7.93% on an annualized basis, producing an average annual return of 15.9%. If an investor had bought $1000 of STZ stock 20 years ago, it would be worth $18,754.94 today.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:30 pm

DAL

Shares of Delta Air Lines, Inc. (NYSE:DAL) are trading lower by 2.19% to $46.44, in sympathy with Alaska Air, which fell after reporting Q2 earnings and guiding 0-3% topline growth in Q3. Alaska Air reported a 7% YoY increase in operating revenue, surpassing consensus estimates, and an adjusted EPS of $3.00, outperforming the previous year's $2.19.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 5:29 pm

AMD

AMZN

META

MSFT

Raymond James analyst Srini Pajjuri reiterated a Strong Buy on AMD with a price target of $145.00, viewing any near-term pullback as a buying opportunity. Despite potential risks to AMD's 3Q outlook, Pajjuri expects an acceleration starting in 4Q driven by broadening Genoa and Bergamo CPU ramps, cyclical PC recovery, and El Capitan supercomputer. AMD's Gen AI GPU (MI300X) is on track to launch in 4Q and appears well-suited for internal inferencing workloads at Hyperscalers. AMD is believed to be working with Microsoft, Meta Platforms, and Amazon, with potential for significant revenues in 2024.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 5:19 pm

URI

United Rentals (NYSE:URI) has seen unusual options activity, with 70% of investors taking a bearish stance. Whales have been targeting a price range from $290.0 to $500.0 for United Rentals over the last 3 months. The price of URI is up 0.33% at $451.68. UBS, Keybanc, Goldman Sachs, and Citigroup have maintained their Buy or Overweight ratings on United Rentals, with price targets ranging from $500 to $527.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:16 pm

DASH

A significant bullish stance has been taken on DoorDash (NYSE:DASH) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is 70% bullish and 30% bearish. Whales have been targeting a price range from $65.0 to $105.0 for DoorDash over the last 3 months. Jefferies has maintained their Underperform rating on DoorDash, with a price target of $65.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:16 pm

SNAP

A significant number of Snap Inc.'s $16 call options expiring on Friday were purchased near the ask price. The volume of these options was 1315, compared to an open interest of 5369. The reference price was $12.46.

Portfolio Pulse from Charles Gross

July 25, 2023 | 5:14 pm

T

AT&T Inc (NYSE:T) shares traded lower after Jim Cramer discouraged investors from investing in the company, citing poor management. Citigroup analyst Michael Rollins maintained a Neutral rating for AT&T and raised the price target from $16 to $17, reflecting the 'uncertain risks' from the industry's legacy use of lead-sheathed cabling. Rollins' price target also includes a scenario estimate for possible lead-based cabling remediation of ~$8.5 billion.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 5:12 pm

DOW

Dow Inc reported a Q2 FY23 sales decline of 27.1% YoY to $11.42 billion, beating the consensus of $11.27 billion. Adjusted EPS was $0.75, above the consensus of $0.70. The company's return to shareholders totaled $743 million in the quarter, including $493 million in dividends and $250 million in share repurchases. DOW shares are trading higher by 2.45% at $53.84.

Portfolio Pulse from Akanksha Bakshi

July 25, 2023 | 5:11 pm

ALK

AURC

ELBM

HGEN

INPX

The article lists the stocks that gained and lost the most in Tuesday's mid-day session. Among the gainers, Aurora Acquisition Corp. (AURC) jumped 192% to $30.54, Inpixon (INPX) gained 117% to $0.33 after agreeing to merge with XTI Aircraft Company, and Electra Battery Materials Corporation (ELBM) shot up 71.5% to $2.11 after extending and expanding its battery grade cobalt supply agreement with LG Energy Solution. Among the losers, Humanigen, Inc. (HGEN) fell 75.1% to $0.0476 as it anticipates not being able to continue as a going concern and is exploring all restructuring options, including bankruptcy, and Alaska Air Group, Inc. (ALK) fell 9.3% to $48.38 after reporting Q2 financial results and issuing Q3 and FY23 guidance.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 5:11 pm

KMB

Kimberly-Clark's shares are trading lower after the company reported mixed Q2 results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:07 pm