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ATMP

EINC

TRP

TC Energy Corporation (NYSE:TRP) shareholders have approved the spin-off of its liquids pipeline business into a new company, South Bow Corp. This move aims to reduce TC Energy's debt and allow it to focus on natural gas transportation. South Bow Corp will inherit significant assets, including the Keystone oil pipeline, and will be listed on the Toronto and New York stock exchanges. Analysts have mixed views on South Bow's valuation due to its limited asset base and slower growth projections.

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 5:23 pm

AGIO

Agios Pharmaceuticals shares are trading higher after RBC Capital and Goldman Sachs raised their price targets for the stock. RBC Capital maintained an Outperform rating and increased the price target from $44 to $53, while Goldman Sachs maintained a Neutral rating and raised the price target from $33 to $53.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:22 pm

MRIN

Marin Software Incorporated (NASDAQ:MRIN) shares are trading higher after the company announced upgrades to its Amazon integration, including Sponsored TV, non-endemic advertising, and global access to the Demand-Side Platform (DSP). The stock is experiencing heavy trading volume, nearly five times its average.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 5:20 pm

MRIN

Marin Software Incorporated shares are trading higher after the company announced enhancements to its Amazon integration.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:20 pm

GTES

Gates Industrial shares are trading lower after Barclays maintained an Equal-Weight rating on the stock and lowered its price target from $17 to $16.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:17 pm

CAPR

Capricor Therapeutics (NASDAQ: CAPR) announced positive three-year results from its HOPE-2 open-label extension study with CAP-1002, showing continued benefits for DMD patients. The stock is trading 4.43% higher following the news.

Portfolio Pulse from Dylan Berman

June 04, 2024 | 5:12 pm

BRK

FTXN

OILT

OXY

Occidental Petroleum's subsidiary, TerraLithium, has entered a joint venture with BHE Renewables, a Berkshire Hathaway subsidiary, to develop technology for extracting high-purity lithium from geothermal brine. This partnership aims to leverage both companies' expertise to advance sustainable lithium production. Despite the positive long-term outlook for lithium demand, Occidental Petroleum shares are trading lower today.

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 5:02 pm

ASML

GOOG

PFE

VTR

The CNBC Halftime Report highlighted final trades including Pfizer, ASML Holding, Ventas, and Alphabet Inc. - Class C.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:01 pm

UNH

Deep-pocketed investors have shown a bullish stance towards UnitedHealth Group (NYSE:UNH) through significant options activity. The trading activity suggests a price target between $500 and $520. The stock is currently up 1.74% at $506.11, with RSI indicators hinting at an overbought condition. Analysts have mixed ratings with a consensus target price of $578.0.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:01 pm

EQT

In the last three months, 27 analysts have published ratings on EQT (NYSE:EQT), showing a range of perspectives from bullish to bearish. The average 12-month price target has risen to $42.78, with a high estimate of $60.00 and a low estimate of $27.00. Recent analyst actions include several rating raises and a few lowers, reflecting mixed sentiments. EQT has faced a -28.89% decline in revenue growth and has below-average net margin, ROE, and ROA compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:01 pm