Streetbeat News

Stock Prices

BAC

Financial giants have made significant bullish moves on Bank of America (NYSE:BAC) options, with notable trades indicating a price window of $32.0 to $42.0. The stock is currently trading at $39.77, up by 0.24%, with an upcoming earnings report in 41 days. Analysts have mixed views, with a target price of $37.0.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:01 pm

GME

Market whales have taken a bearish stance on GameStop (NYSE:GME) options, with 37% of trades being bearish and only 12% bullish. The major market movers are focusing on a price range between $20.0 and $30.0. Currently, GME is trading at $28.11, up by 6.08%, but analysts have a low average target price of $7.0.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:01 pm

SPY

The ISM Non-Manufacturing Employment Index for May came in at 47.1, slightly below the expected 47.2 and higher than the previous month's 45.9.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:01 pm

KLAC

In the last three months, 17 analysts have published ratings on KLA (NASDAQ:KLAC), with a mix of bullish and bearish perspectives. The average 12-month price target has increased to $741.65, reflecting an 8.76% rise from the previous average. Analysts have recently raised their price targets, indicating positive sentiment despite a recent revenue decline.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:01 pm

ASO

21 analysts have recently published ratings on Academy Sports (NASDAQ:ASO), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $78.71, reflecting a 5.44% increase from the previous average. Analysts have made various adjustments to their ratings and price targets, indicating a positive outlook for the company.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:00 pm

NFLX

Netflix (NASDAQ:NFLX) has significantly outperformed the market over the past 20 years, with an annualized return of 28.52%. A $100 investment in NFLX 20 years ago would be worth $15,124.50 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:00 pm

VEEV

Veeva Systems (NYSE:VEEV) has significantly outperformed the market over the past 10 years, delivering an average annual return of 23.62%. A $100 investment in VEEV 10 years ago would now be worth $828.19. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:00 pm

CNM

Over the past three months, 10 analysts have evaluated Core & Main (NYSE:CNM), with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased by 12.65% to $57.7. Key analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance. Core & Main is a specialty distributor in the water, wastewater, storm drainage, and fire protection sectors, with notable revenue growth but challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:00 pm

SPY

TUR

Mehmet Şimşek, the Minister of Finance of Turkey, announced that Turkey has no plans to tax profits on stocks and cryptocurrencies. This decision could have implications for both local and international investors in Turkish markets.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:59 pm

BTCUSD

ETHUSD

The latest 10x Research report by Markus Thielen suggests that Bitcoin may not reach a new all-time high this month due to risks associated with Ethereum's market behavior. Despite positive macroeconomic indicators, Ethereum's declining fees and historical performance in June could drag Bitcoin down.

Portfolio Pulse from Murtuza Merchant

June 05, 2024 | 1:58 pm