Streetbeat News

Stock Prices

NKE

Recent options trading trends in Nike (NYSE:NKE) show a bullish sentiment among financial giants, with 54% of traders being bullish. The options trades indicate a price window of $65.0 to $155.0 for Nike. The stock is currently down 2.27% at $80.38, with a consensus target price of $90.0 from market experts.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 7:00 pm

ABBV

Analysts have varied ratings for AbbVie (NYSE:ABBV), with recent evaluations showing a bullish trend. The average 12-month price target has increased to $208.09, reflecting a 6.22% rise. AbbVie shows strong financial performance with high net margins and ROE, but faces challenges with high debt levels.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 7:00 pm

WTRG

Analysts have mixed views on Essential Utilities (NYSE:WTRG) with recent evaluations showing a bullish trend. The average 12-month price target has increased to $44.8, indicating a positive outlook. Despite a slight revenue decline, the company maintains strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 7:00 pm

AVGO

Broadcom (NASDAQ:AVGO) has significantly outperformed the market over the past 5 years, with an annualized return of 44.42%. A $1000 investment in AVGO 5 years ago would now be worth $6,431.04, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 7:00 pm

LTCUSD

Litecoin's price has decreased by 3.58% in the last 24 hours, continuing a weekly decline of 2.0%. Trading volume has dropped by 22.0%, while circulating supply increased slightly. Litecoin's market cap is ranked #26 at $4.87 billion.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 7:00 pm

DRIV

GM

China and South Korea are making significant advancements in EV battery technology. China's Dalian Institute developed stable, cost-effective ORAMs for AOFBs, while South Korea's LG Chem introduced a fire-prevention layer for EV batteries. These innovations could enhance EV adoption.

Portfolio Pulse from Stjepan Kalinic

October 07, 2024 | 6:58 pm

DIS

Walt Disney Company shares fell on Monday as Florida braces for Hurricane Milton, a Category 5 storm. Disney World in Orlando may face closures, impacting revenue. The storm could lead to significant evacuations and damage, affecting Disney's operations.

Portfolio Pulse from Vaishali Prayag

October 07, 2024 | 6:53 pm

BTCUSD

ETHUSD

JPMorgan analysts predict a positive October for Bitcoin, citing historical trends and potential catalysts like options trading on spot Bitcoin ETFs. Ethereum's upcoming upgrade is seen as a structural improvement. The crypto market remains sensitive to macro factors.

Portfolio Pulse from Ivan Crnogatić

October 07, 2024 | 6:49 pm

PYPL

Significant options activity has been detected for PayPal Holdings (NASDAQ:PYPL), with a majority of investors showing a bullish sentiment. This unusual activity suggests potential upcoming movements in PYPL's stock price, with a targeted range of $45 to $100. The current stock price is $79.82, and the next earnings report is due in 23 days.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 6:45 pm

CON

Concentra Group Holdings shares fell after B of A Securities downgraded the stock from Buy to Neutral and reduced its price target from $30.5 to $24.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 6:45 pm