Streetbeat News

Stock Prices

WYNN

Wynn Resorts, Ltd (NASDAQ:WYNN) stock experienced a Golden Cross, indicating a bullish run, with a 15.5% increase year-to-date. This uptrend is supported by a recovery in the gaming market, strong performance in Las Vegas and Macau properties, favorable macroeconomic conditions, and positive consumer spending trends. Analyst consensus rates WYNN as a Buy, with price targets between $107 to $128, highlighting strong financial results and strategic event-driven revenue as key drivers for continued momentum into FY24.

Portfolio Pulse from Surbhi Jain

March 01, 2024 | 1:19 pm

PRME

Prime Medicine (NASDAQ:PRME) reported Q4 earnings with an EPS of $-0.72, missing estimates by -41.0%. Revenue remained unchanged from the previous year. Despite missing EPS estimates last quarter, PRME's share price increased by 18.0% the following day.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 1:15 pm

ACIW

ADSK

AVPT

BBWI

DELL

FLYW

HRL

SOUN

VEEV

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies, leading to varied stock price movements on Thursday. Notable adjustments include increases in price targets for Veeva Systems, SoundHound AI, Bath & Body Works, Dell Technologies, Flywire Corporation, Hormel Foods, Autodesk, ACI Worldwide, and AvePoint. Meanwhile, Zscaler's price target was reduced, and Flywire Corporation was downgraded from Overweight to Equal-Weight by Morgan Stanley.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 1:14 pm

NTAP

NetApp, Inc. (NASDAQ:NTAP) exceeded third-quarter financial expectations, posting adjusted earnings of $1.94 per share against estimates of $1.69 and sales of $1.61 billion versus expected $1.591 billion. CEO George Kurian highlighted record profitability and a modern approach to data storage as key drivers. Fourth-quarter earnings are projected between $1.73 to $1.83 per share, with net revenues expected to be between $1.585 billion to $1.735 billion. Following the report, NetApp shares rose 1.2%, and analysts from Barclays, Evercore ISI Group, and TD Cowen raised their price targets for NTAP.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 1:12 pm

FSR

REAL

In Friday's pre-market session, several consumer discretionary stocks showed significant movement. Notably, J-Long Group, Sweetgreen, and RealReal experienced substantial gains, attributed to recent earnings reports for Sweetgreen and RealReal. Conversely, Fisker, REE Automotive, and Jakks Pacific were among the notable losers, with Fisker and Jakks Pacific's declines also linked to their latest earnings reports.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 1:10 pm

ADIL

BIVI

HUMA

SCLX

In Friday's pre-market session, several healthcare stocks showed significant movement. Adial Pharmaceuticals, BioVie, Bone Biologics, Y-mAbs Therapeutics, Cardiff Oncology, and Biodesix experienced notable gains, with increases ranging from 17.53% to 76.0%. On the downside, Scilex Holding, Humacyte, Gritstone Bio, Precision BioSciences, Vivani Medical, and DermTech saw declines between 16.41% and 35.7%. The movements were largely attributed to recent Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 1:09 pm

BYU

DCFC

GWAV

NXU

SIDU

TGLS

In Friday's pre-market session, several industrials stocks showed significant movement. Notably, Nxu, Baiyu Holdings, and Greenwave Tech Solutions experienced substantial gains, while Sidus Space, Tritium DCFC, and Royalty Management Holdings faced notable declines. Tecnoglass's stock also decreased following their Q4 earnings release.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 1:09 pm

DELL

MINM

SOUN

In Friday's pre-market session, several Information Technology stocks showed significant movement. Minim, MMTEC, Dell Technologies, Everbridge, NetApp, and Navitas Semiconductor were among the gainers, with Minim leading by surging 67.4%. On the downside, SoundHound AI, Inuvo, WeTrade Group, Ascent Solar Technologies, Mobix Labs, and Zscaler experienced declines, with SoundHound AI dropping 18.9%. The movements were largely influenced by recent earnings reports.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 1:09 pm

AINC

Ashford Inc. (NYSE:AINC) announced that the NYSE American has accepted its compliance plan for continued listing, following a notification of non-compliance with listing standards related to stockholders' equity. The company has until June 20, 2025, to regain compliance, subject to quarterly reviews. Failure to meet the standards may result in delisting.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:05 pm

DAVA

Endava (NYSE:DAVA) has been analyzed by 7 analysts, showing a mix of bullish and indifferent sentiments. The average 12-month price target is $72.14, slightly up from $72.00. Analyst actions include both raises and lowers in ratings and price targets, reflecting changing market dynamics and company performance. Endava faces challenges with a -3.95% revenue decline, below-average net margin, ROE, and ROA, but maintains a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 1:01 pm