Streetbeat News

Stock Prices

SYNA

Analysts have provided mixed ratings for Synaptics (NASDAQ:SYNA) in the latest quarter, with 2 bullish, 1 somewhat bullish, and 1 indifferent rating. The average 12-month price target has decreased to $91.25 from $111.25. Analysts have lowered their price targets, reflecting concerns over Synaptics's financial performance, including a decline in revenue growth and below-industry-average profitability metrics.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 7:00 pm

VITL

Vital Farms (NASDAQ:VITL) has been analyzed by 4 analysts in the last quarter, showing a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 12.49% to $41.25. Key analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance. Vital Farms has shown strong financial metrics, including a 24.13% revenue growth rate, a 12.86% net margin, and a low debt-to-equity ratio of 0.11.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 7:00 pm

DOCS

Doximity, Inc. (NYSE:DOCS) shares surged over 35% after reporting better-than-expected Q1 FY2024 financial results, including a 17% YoY revenue increase to $126.68 million and adjusted EPS of 28 cents. The company also issued strong revenue guidance for Q2 and FY2024, leading to several analyst upgrades and price target increases.

Portfolio Pulse from Vaishali Prayag

August 09, 2024 | 6:57 pm

VRTX

Investors have taken a bearish stance on Vertex Pharmaceuticals (NASDAQ:VRTX) based on recent options trading data. Benzinga's options scanner identified 8 transactions, with 75% being bearish. Analysts have mixed ratings, with price targets ranging from $376 to $600.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:45 pm

XOM

The options market shows a mixed sentiment towards Exxon Mobil (NYSE:XOM), with a slight bearish tilt. Analysis reveals 14 unusual trades, with 42% bullish and 50% bearish. The price target is between $105.0 and $135.0. Current stock price is $118.67, up 0.66%.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:45 pm

BTCUSD

Prominent cryptocurrency analyst Benjamin Cowen predicts an impending 'death cross' for Bitcoin, which he believes could lead to a short-term rally rather than a decline. He advises investors to watch the 50-day SMA around $62,000 as a key level for Bitcoin's next moves. Historical patterns and broader economic factors are crucial for long-term trends.

Portfolio Pulse from Khyathi Dalal

August 09, 2024 | 6:41 pm

ANTX

BLND

DOCS

ITI

MMAT

VEV

U.S. stocks traded mixed with the Nasdaq Composite gaining over 50 points. Crude oil prices rose, and the number of active U.S. oil rigs increased by three. Blend Labs, Doximity, and Iteris shares surged following positive financial results and acquisition news, while AN2 Therapeutics, Vicinity Motor, and Meta Materials saw significant declines due to negative developments.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 6:38 pm

NFLX

Netflix Inc (NASDAQ:NFLX) is dealing with a significant security breach that led to the leak of episodes from several upcoming shows. The breach, which also affected Crunchyroll, has caused concern among fans and the streaming community. Netflix is working to remove the leaked content and address the situation.

Portfolio Pulse from Franca Quarneti

August 09, 2024 | 6:34 pm

NDAQ

TNA

TZA

Nasdaq has proposed stricter delisting processes for companies that fall out of compliance with listing standards, potentially impacting penny stocks. This could affect Direxion's leveraged ETFs, TNA and TZA, which track the Russell 2000 index. TNA and TZA have seen significant price fluctuations recently.

Portfolio Pulse from Joshenomoto@benzinga.com

August 09, 2024 | 6:34 pm

HQY

HealthEquity (NASDAQ:HQY) has outperformed the market over the past 10 years with an average annual return of 13.13%, surpassing the market by 2.62% annually. A $100 investment in HQY 10 years ago would now be worth $360.33. The article highlights the impact of compounded returns on long-term investment growth.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 6:31 pm