Streetbeat News

Stock Prices

CSCO

Recent options trading trends indicate a bearish sentiment among big-money investors towards Cisco Systems (NASDAQ:CSCO), with 50% of trades being bearish. The options activity suggests a focus on a price range between $45.0 and $52.5. Despite this, some analysts maintain a positive outlook with price targets up to $58.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:00 pm

FCX

Analysts have mixed ratings for Freeport-McMoRan (NYSE:FCX), with a recent average price target of $57.5, up from $55.75. The company shows strong revenue growth but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:00 pm

WFC

Investors are taking a bullish stance on Wells Fargo (NYSE:WFC) as significant options trades have been spotted, with 72% of the sentiment being bullish. The options activity suggests a focus on a price range between $40.0 and $60.0. The stock is currently trading at $56.12, up 1.42%, with a neutral RSI. An analyst from Morgan Stanley maintains an Overweight rating with a target price of $68.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:00 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has significantly outperformed the market over the past 20 years, with an annualized return of 12.27%. A $100 investment in IDXX 20 years ago would now be worth $987.53, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:00 pm

CSGP

CoStar Group (NASDAQ:CSGP) has significantly outperformed the market over the past 15 years, with an average annual return of 21.67%. A $1000 investment in CSGP 15 years ago would now be worth $18,821.15, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:00 pm

DGLY

Digital Ally shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 3:59 pm

FLYE

Fly-E Group shares are trading lower following the release of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 3:58 pm

FTXN

OILT

OXY

WES

Occidental Petroleum (NYSE:OXY) has announced a $3 billion debt reduction in Q3 2024, driven by strong cash flow and divestitures. The company aims to meet 85% of its $4.5 billion debt reduction target. OXY shares rose 0.51% following the news.

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 3:58 pm

PANW

Palo Alto Networks (NASDAQ:PANW) is set to report its fiscal Q4 earnings, with expectations of $1.41 EPS on $2.162 billion revenue. The company has exceeded estimates in the last three quarters. Analysts have adjusted their price targets, mostly upwards, with ratings ranging from Neutral to Outperform. PANW shares rose 2.02% ahead of the earnings report.

Portfolio Pulse from Adam Eckert

August 19, 2024 | 3:52 pm

DIS

FOX

FOXA

FUBO

WBD

A judge's injunction halting a sports streaming joint venture between Disney, Warner Bros. Discovery, and Fox is seen as a victory for FuboTV. Analysts suggest this could kill the Venu platform, benefiting FuboTV. FuboTV's CEO celebrated the ruling, highlighting the company's growth and commitment to its streaming model.

Portfolio Pulse from Chris Katje

August 19, 2024 | 3:51 pm