Streetbeat News

Stock Prices

BABA

BEKE

GOTU

HTHT

JD

PDD

TAL

Chinese stocks are trading lower in anticipation of the upcoming National People's Congress, affecting companies like BABA, BEKE, GOTU, HTHT, JD, PDD, and TAL.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:48 pm

OSK

DA Davidson analyst Michael Shlisky upgraded Oshkosh (NYSE:OSK) from Neutral to Buy and increased the price target from $122 to $130.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:46 pm

CHE

Chemed (NYSE:CHE) has seen its short percent of float increase by 3.02% since the last report, with 441 thousand shares sold short, representing 3.41% of available shares. This indicates a bearish sentiment among investors, although it's not a definitive predictor of stock movement. Chemed's short interest is below its peer group average of 10.07%, suggesting less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:45 pm

AMR

Alpha Metallurgical's (NYSE:AMR) short interest has increased to 10.98% of its float, indicating a rise of 6.81% since the last report. With 1.19 million shares sold short, it would take about 5.4 days to cover these positions. This rise in short interest suggests a more bearish market sentiment towards AMR compared to its peers, where the average short interest is 3.97%. However, high short interest can sometimes be bullish, as covering short positions can drive the stock price up.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:45 pm

AB

AllianceBernstein Holding (NYSE:AB) has seen a 6.67% increase in its short percent of float since the last report, with 1.08 million shares sold short, representing 0.96% of available shares. This indicates a bearish market sentiment towards AB, although it has less short interest compared to its peers' average of 2.67%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:45 pm

DASH

LYFT

UBER

Lyft, Inc (NASDAQ:LYFT) and DoorDash, Inc (NASDAQ:DASH) stocks rose after RBC Capital upgraded their stock ratings and price targets, citing improved execution and potential for growth. Analyst Brad Erickson raised Lyft's price target from $17 to $23 and DoorDash's from $130 to $175. Erickson highlighted Lyft's scale and marketplace efficiency, and DoorDash's resilience in order growth and potential partnerships, including with Lyft, as key factors for the upgrades.

Portfolio Pulse from Anusuya Lahiri

March 04, 2024 | 5:43 pm

TTEC

TTEC Holdings shares are trading lower following a downgrade by Barrington Research from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:43 pm

AMZN

EVER

META

MTCH

ROKU

UBER

JPMorgan's analyst team highlighted top internet tech stocks with significant upside potential. Large-cap picks include Amazon (AMZN), Meta Platforms (META), and Uber Technologies (UBER). Small and mid-cap picks with over 50% upside are Match Group (MTCH), Roku (ROKU), and EverQuote (EVER), each with a strong investment thesis based on market position, growth potential, and recovery in specific sectors.

Portfolio Pulse from Surbhi Jain

March 04, 2024 | 5:41 pm

DWAC

SPY

Former President Donald J. Trump is giving remarks at Mar-a-Lago, which is being live-streamed. The event may have implications for certain stocks, notably DWAC and SPY, depending on the content of his speech.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:41 pm

ACIC

AMBC

RELI

WDH

In Monday's intraday session, the insurance industry saw significant movements with Reliance Global Group, Crawford, Trupanion, Intl General Insurance, and Cheche Group among the gainers, while Waterdrop, Ambac Financial Group, Maiden Holdings, American Coastal, SelectQuote, and Citizens were the losers. Notable changes were observed in stock prices, with some companies releasing their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:40 pm