Streetbeat News

Stock Prices

ZS

Zscaler, Inc. (NASDAQ:ZS) has experienced a significant drop in its stock price, falling over 20% in recent days. However, the stock has found support at $156.50, a level that previously acted as support in May and August. This pattern suggests potential for a rally as remorseful sellers may buy back shares, creating a support level.

Portfolio Pulse from Mark Putrino

September 05, 2024 | 5:55 pm

VRNT

Verint Systems Inc. (NASDAQ:VRNT) reported disappointing Q2 results, missing both earnings and sales estimates. The company announced a $200 million stock buyback program. Despite strong AI growth, shares fell 9.1%. Analysts lowered their price targets for Verint.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 5:53 pm

AVAV

AeroVironment shares declined after RBC Capital maintained an Outperform rating but reduced the price target from $230 to $215.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:48 pm

BAX

MDT

Medtronic is recalling certain video laryngoscopes due to battery overheating risks, which could lead to serious health consequences. The FDA has classified this as a serious recall. Baxter International is also recalling certain ventilator components due to potential disconnection issues.

Portfolio Pulse from Vandana Singh

September 05, 2024 | 5:45 pm

ZETA

Zeta Global Holdings shares are trading higher following the announcement of a $204.9 million public offering of 13.2 million Class A common shares at $23.50 per share.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:44 pm

APLD

GIII

NIO

SCVL

YEXT

G-III Apparel Group's shares surged 23.6% after reporting better-than-expected Q2 EPS and issuing strong FY25 guidance. Other stocks like Applied Digital, Yext, and NIO also saw significant gains due to positive financial results and strategic developments.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 5:44 pm

PCVX

Vaxcyte shares are experiencing an upward trend following the company's announcement of a $1.3 billion public offering.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:44 pm

AAPL

Apple's upcoming iPhone 16 event, the Glowtime event, is anticipated to potentially boost Apple's stock, according to Bank of America analyst Wamsi Mohan. Mohan maintains a Buy rating and a $256 price target for Apple, suggesting that the event could mark the start of a new software-driven iPhone upgrade cycle. The stock, which is up 20% year-to-date, could rise if Apple demonstrates compelling features or raises prices.

Portfolio Pulse from Chris Katje

September 05, 2024 | 5:43 pm

PAGS

PagSeguro Digital shares fell after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and reduced its price target from $14 to $6.5.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:43 pm

META

NVDA

BofA Securities analyst Vivek Arya maintains a Buy rating on Nvidia (NVDA) with a $165 price target, citing robust growth opportunities despite headwinds. Nvidia remains a top sector pick, with potential enhanced Buy opportunities due to valuation and upcoming product shipments.

Portfolio Pulse from Anusuya Lahiri

September 05, 2024 | 5:42 pm