Streetbeat News

Stock Prices

DAY

Dayforce shares are trading higher following BMO Capital's decision to maintain an Outperform rating and increase the price target from $70 to $80.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:29 pm

SCI

Service Corp International (NYSE:SCI) reported better-than-expected Q3 earnings per share, leading analysts to raise their price targets. Despite missing sales estimates, the company saw stable profits and positive impacts from a new marketing agreement. SCI shares rose slightly following the news.

Portfolio Pulse from Avi Kapoor

November 01, 2024 | 6:28 pm

BMY

Bristol Myers Squibb (BMY) reported Q3 revenues of $11.89 billion, surpassing expectations. Growth was driven by its Growth Portfolio and Eliquis. Analysts are cautious about the new schizophrenia treatment, KarXT (Cobenfy), with significant revenue expected post-2025. BMY stock is down 1.91%.

Portfolio Pulse from Vandana Singh

November 01, 2024 | 6:25 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are experiencing volatility due to the upcoming 2024 U.S. presidential election. The stock surged in October due to a short squeeze but is currently down 11.3%. Speculation about a potential merger with Elon Musk's X (formerly Twitter) has not been confirmed.

Portfolio Pulse from Vaishali Prayag

November 01, 2024 | 6:25 pm

COP

IEO

OILT

ConocoPhillips reported mixed Q3 results with an EPS beat but revenue miss. The company increased its dividend by 34% and raised its FY24 production outlook. Analysts are optimistic about future free cash flow and stock buybacks, with a Buy rating and $138 price target from Truist Securities. ConocoPhillips' shares are down 1.66% at $107.71.

Portfolio Pulse from Lekha Gupta

November 01, 2024 | 6:02 pm

AAPL

AMZN

INTC

QQQ

SPY

TEAM

XLU

XLY

Tech stocks surged on Friday, led by Amazon's strong earnings, but the S&P 500 is set for a second weekly decline. Amazon shares rose over 6%, boosting the tech sector. The Nasdaq 100 outperformed the S&P 500. Economic data showed weak job growth, but the unemployment rate remained steady. Major ETFs like SPY, DIA, and QQQ saw gains, while XLY outperformed and XLU lagged. Notable stock movers included Apple, Intel, and Atlassian.

Portfolio Pulse from Piero Cingari

November 01, 2024 | 6:01 pm

CIFR

Cipher Mining (NASDAQ:CIFR) has been evaluated by 11 analysts over the past three months, with a majority holding bullish views. The average 12-month price target has increased to $7.64, indicating positive sentiment. Analysts have maintained or raised their ratings, reflecting confidence in the company's performance. Cipher Mining is an emerging technology company in the Bitcoin mining sector, showing solid revenue growth and strong financial health despite challenges.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 6:01 pm

THG

Hanover Insurance Group (NYSE:THG) has received mixed analyst ratings over the past three months, with a positive shift in average price targets. Analysts have set a 12-month average price target of $165.57, up 4.6% from the previous target. The company's financial health shows challenges in profitability and asset utilization, with a high debt-to-equity ratio indicating financial risk.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 6:01 pm

X

United States Steel (NYSE:X) has seen a 4.9% increase in short interest, with 16.74 million shares sold short, representing 7.5% of its float. This is higher than its peers' average of 4.39%. The increase in short interest suggests bearish sentiment but could also indicate a potential bullish opportunity.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 6:00 pm

GE

GE Aero's short interest has increased by 6.32%, with 10.89 million shares sold short, representing 1.01% of its float. This is lower than its peers' average short interest of 3.17%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 6:00 pm