Streetbeat News

Stock Prices

HSY

Hershey Inc. (NYSE:HSY) is trading at $184.85, down 0.44%. Over the past month, the stock fell by 4.39%, and by 2.86% over the past year. Its P/E ratio of 20.56 is lower than the Food Products industry average of 34.02, suggesting potential undervaluation or weak growth prospects.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 6:00 pm

PLD

Prologis shares declined following a downgrade by Goldman Sachs from Buy to Neutral, with a reduced price target from $142 to $132.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 5:58 pm

CMA

Comerica (NYSE:CMA) reported better-than-expected Q3 earnings, with adjusted earnings of $1.37 per share against estimates of $1.16. Despite this, shares fell 3.9% to $62.41. Analysts have adjusted their price targets, with most raising them, reflecting a mixed sentiment.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 5:56 pm

NCI

Neo-Concept International Group's shares were halted due to a circuit breaker after a significant drop, but the stock has since surged by 42.4%.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 5:55 pm

HLN

JNJ

KVUE

PG

Kenvue Inc. (NYSE:KVUE) shares rose on Monday after reports that activist investor Starboard Value acquired a significant stake in the company, aiming to boost its stock price. Starboard may push for the sale of Kenvue's skin, healthcare, and beauty division. Kenvue's stock has underperformed compared to competitors like Haleon and Proctor & Gamble.

Portfolio Pulse from Dylan Berman

October 21, 2024 | 5:54 pm

SPY

Neel Kashkari from the Federal Reserve suggests that an increase in the budget deficit could lead to higher interest rates. He also comments on the limited legitimate use of cryptocurrencies, implying most transactions are related to illegal activities.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 5:46 pm

T

VZ

Verizon and AT&T are set to release their Q3 earnings, with Verizon expected to report $1.18 EPS and $33.43 billion in revenue, and AT&T expected to report 57 cents EPS and $30.44 billion in revenue. Both companies have shown significant stock recoveries this year. Verizon's recent spectrum acquisition and wireless tower deals may boost its growth, while AT&T's strong labor agreements and stock momentum are noteworthy.

Portfolio Pulse from Surbhi Jain

October 21, 2024 | 5:45 pm

SPY

Neel Kashkari from the Federal Reserve indicated that an increase in the budget deficit could lead to higher interest rates. This statement suggests potential impacts on the broader market, including ETFs like SPY, which track the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 5:43 pm

VEON

VEON Ltd. received a strategic roadmap from shareholder Shah Capital to enhance shareholder value. VEON's board and management have reviewed and welcomed the suggestions, which include improving market valuation and leveraging strengths in emerging markets. VEON is committed to sustainable growth and optimizing its capital structure.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 5:43 pm

SLB

Schlumberger (NYSE:SLB) reported mixed Q3 results with revenue growth but missed consensus estimates. Despite challenges, adjusted EPS exceeded expectations. Analysts have lowered their price targets for SLB, reflecting cautious sentiment.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 5:42 pm