Streetbeat News

Stock Prices

MLM

Martin Marietta Materials (NYSE:MLM) has seen a 15.67% decrease in its short percent of float since its last report, with 619 thousand shares currently sold short. This represents 1.13% of all regular shares available for trading. The short interest for Martin Marietta Materials is lower than its peer group average of 1.74%.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:15 pm

BEKE

Shares of KE Holdings are trading higher due to optimism about an end to regulatory crackdowns in China, which is boosting Chinese tech stocks.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 7:09 pm

SHEL

A significant bullish stance has been taken on Shell (NYSE:SHEL) by a large investor or institution, as indicated by a large position appearing on publicly available options history. The overall sentiment of these big-money traders is split between 62% bullish and 37% bearish. The whales have been targeting a price range from $55.0 to $70.0 for Shell over the last 3 months. Wells Fargo has maintained their Overweight rating on Shell, with a price target of $77.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:08 pm

AMD

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading higher by 0.48% to $115.13, despite a lack of company-specific news. The stock's movement may be influenced by broader market trends, including softer-than-expected inflation data and strong financial results from Delta. AMD has a 52-week high of $132.83 and a 52-week low of $54.57.

Portfolio Pulse from Henry Khederian

July 13, 2023 | 7:06 pm

EWRE

FRI

IYR

USRT

A report by the McKinsey Global Institute predicts that office occupancy in large urban centers will not return to pre-pandemic levels for decades. The report examined 17 “superstar” cities across six countries and found that the pandemic-induced shifts in work behavior, coupled with advancements in technology, have drastically changed how employees engage with their workspaces. This has led to reduced walking traffic for store fronts in urban centers, lending to a rise in online shopping. The firm modeled two scenarios for 2030: one moderate and one severe. In the moderate scenario, the median city will have 13% less demand for office space by 2030. The drop in demand climbs to as much as 38% in the severe scenario for some cities. This can lead to a drop in the total value of office space in large cities of between 26% from 2019 to 2030 in the moderate scenario, to a 42% drop in value in the severe one.

Portfolio Pulse from Natan Ponieman

July 13, 2023 | 7:05 pm

KIM

Kimco Realty (NYSE:KIM) has received mixed analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish. The average 12-month price target for the company is $21.33, representing an 11.13% decrease from the previous average price target of $24.00.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:01 pm

RSI

Analysts have provided ratings for Rush Street Interactive (NYSE:RSI) within the last quarter, with 1 bullish and 3 somewhat bullish ratings. The average price target is $7.0, implying an upside from the current price of $3.78. This represents a 12.5% decrease from the previous average price target of $8.00.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:01 pm

DVA

Over the past 3 months, 6 analysts have published their opinion on DaVita (NYSE:DVA) stock. The company has an average price target of $103.67 with a high of $115.00 and a low of $96.00. The average price target has increased by 15.41% over the past month. Most analysts are indifferent about the stock.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:01 pm

RVLV

In the last quarter, Revolve Gr (NYSE:RVLV) received mixed analyst ratings with 4 bullish, 2 somewhat bullish, 4 indifferent, and 2 somewhat bearish. The company's average 12-month price target is $21.83, representing a 19.45% decrease from the previous average price target of $27.10.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:01 pm

ETHUSD

Ethereum's (CRYPTO: ETH) price has risen 5.16% to $1,986.25 over the past 24 hours, continuing its positive trend over the past week with a 5.0% gain. However, the trading volume for the coin has fallen 22.0% over the past week, and the overall circulating supply of the coin has decreased 0.43% to 120.21 million. The current market cap ranking for ETH is #2 at $238.80 billion.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:01 pm