Streetbeat News

Stock Prices

MDB

Whales are showing a bullish stance on MongoDB (NASDAQ:MDB) with 45% of options trades being bullish. The major market movers are focusing on a price band between $210 and $330. MongoDB's stock is currently up by 4.14% at $245.1, but RSI readings suggest it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:01 pm

BNTX

MRK

MRNA

Moderna and BioNTech are focusing on personalized cancer vaccines using mRNA technology to counteract declining COVID-19 vaccine sales. Despite promising developments, high costs and production challenges raise concerns about scalability and affordability.

Portfolio Pulse from Vandana Singh

August 29, 2024 | 4:01 pm

ARKB

BTC

ETHA

ETHE

FETH

GBTC

Bitcoin has surged to $61,000, with experts analyzing pre-election patterns and ETF flows. Ethereum also saw gains, with notable inflows into Ethereum spot ETFs. In contrast, Bitcoin spot ETFs experienced significant outflows. Analysts highlight historical election-related price patterns for Bitcoin.

Portfolio Pulse from Murtuza Merchant

August 29, 2024 | 4:01 pm

COO

Six analysts have recently shared their views on Cooper Companies (NASDAQ:COO), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $117.5, indicating positive sentiment. Cooper Companies, a major player in the eyecare industry, has shown strong financial performance with impressive revenue growth and profitability metrics.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:01 pm

NTAP

In the past three months, 16 analysts have provided ratings on NetApp (NASDAQ:NTAP), with a mix of bullish and bearish views. The average 12-month price target has increased to $134.06, with a high of $155.00 and a low of $110.00. Analysts have been adjusting their ratings and price targets, reflecting their views on NetApp's market performance. The company has shown strong financial metrics, such as a net margin of 17.45% and an ROE of 27.2%, but faces challenges with a high debt-to-equity ratio of 2.31.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:00 pm

CMC

Commercial Metals (NYSE:CMC) has significantly outperformed the market over the past 5 years, with an average annual return of 28.97%. A $1000 investment in CMC 5 years ago would now be worth $3,568.06, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:00 pm

RPM

RPM International (NYSE:RPM) has delivered an impressive annualized return of 13.85% over the past 15 years, outperforming the market by 1.81%. A $1000 investment in RPM 15 years ago would now be worth $7,096.36, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:00 pm

CMS

Over the past three months, analysts have shown varied sentiments towards CMS Energy, with recent ratings indicating a shift towards more bullish outlooks. The average 12-month price target has increased by 5.14% to $67.29. Analysts have raised their price targets, reflecting positive financial indicators such as revenue growth and strong net margins, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:00 pm

OKTA

Okta reported strong Q2 results, beating revenue and earnings expectations. However, analysts have mixed reactions, with some cutting price targets due to concerns over decelerating growth in subscription revenue and cRPO. Despite positive execution in enterprise deals, Okta's shares fell 16.51% amid concerns about future growth.

Portfolio Pulse from Priya Nigam

August 29, 2024 | 4:00 pm

AFRM

SQ

Block, Inc. (NYSE:SQ) shares are trading higher as Affirm Holdings, Inc. (NASDAQ:AFRM) reports strong quarterly results, boosting sentiment in the Buy Now, Pay Later sector. Affirm's revenue grew nearly 50% year-over-year, and it provided upbeat guidance. UBS analyst Rayna Kumar maintained a Buy rating on Block but lowered the price target from $100 to $92. Block shares are up 5.24% at $68.07.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 3:58 pm