Streetbeat News

Stock Prices

LULU

Financial analysts have observed a bullish sentiment in the options trading for Lululemon Athletica (NASDAQ:LULU), with 58% of trades being bullish. The analysis highlighted a focus on a price range between $440.0 and $490.0 for LULU, based on unusual trading activity. The company, known for its athletic apparel and accessories, has seen its stock price increase by 1.02% to $448.0. Analyst opinions on LULU are mixed, with a downgrade from Needham to Buy at a target price of $525 and a downgrade from Exane BNP Paribas to Underperform with a target price of $415.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:45 pm

NVDA

Needham analyst Quinn Bolton has maintained a Buy rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $600 to $850, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:42 pm

BZFD

DPRO

ETSY

LRHC

RIVN

Etsy shares fell by around 8% after reporting mixed Q4 financial results, missing earnings estimates but beating sales forecasts. Other stocks showed significant movements, with La Rosa Holdings, BuzzFeed, and Monopar Therapeutics among the top gainers, while Draganfly, Greenbrook TMS, and Synaptogenix led the losers. Notable movements were also seen in companies like Rivian Automotive, Lucid Group, and Sunnova Energy due to various announcements and financial results.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 6:38 pm

DHI

ITB

LEN

TOL

The U.S. housing market shows signs of recovery as existing home sales jump in January, with Toll Brothers Inc reporting strong results. Despite a slump in 2023 due to high mortgage rates, sales improved in the final quarter. The National Association of Realtors reported a rise in home sales to an annual rate of four million in January. However, mortgage applications fell by 10.6% in the week ending Feb. 16, as mortgage rates began to rise again. Shares of Toll Brothers, D.R. Horton Inc, Lennar Corporation, and the iShares U.S. Home Construction ETF saw gains.

Portfolio Pulse from Neil Dennis

February 22, 2024 | 6:37 pm

ISRG

Deep-pocketed investors have shown a bearish sentiment towards Intuitive Surgical (NASDAQ:ISRG), as revealed by Benzinga's tracking of public options records. The analysis of options activity indicates a divided sentiment among investors, with a significant lean towards bearishness. The trading activity suggests a price range target of $310.0 to $450.0 for ISRG over the next three months. Additionally, professional analysts have provided an average price target of $431.4 for ISRG, with ratings ranging from Overweight to Buy.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:30 pm

FN

Over the past decade, Fabrinet (NYSE:FN) has significantly outperformed the market, yielding an average annual return of 26.69%. A $1000 investment in FN 10 years ago would now be worth $10,761.58. Fabrinet's market capitalization stands at $7.12 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:30 pm

MA

Over the past 5 years, Mastercard (NYSE:MA) has outperformed the market with an annualized return of 15.97%, growing a $1000 investment to $2,103.62. The company's market capitalization stands at $432.56 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:30 pm

AGRX

Agile Therapeutics Inc (NASDAQ:AGRX) shares surged during Thursday's trading session, with a volume of 9.91 million compared to its average of 78.141K. The company announced the immediate exercise of warrants to purchase up to 3.89 million shares at a reduced price of $1.25 per share, expecting gross proceeds of approximately $4.8 million. Additionally, new unregistered warrants to purchase up to 7,785,144 shares at $1.00 per share will be issued. AGRX shares rose 2.80% to $1.02, with a premarket peak at $2.68.

Portfolio Pulse from Vandana Singh

February 22, 2024 | 6:26 pm

NVDA

Bernstein analyst Stacy Rasgon maintains an Outperform rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $700 to $1000.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:25 pm

GRAM

Glass House Brands CEO Kyle expressed optimism about California's future in the cannabis industry, highlighting the state's potential once regulatory constraints are removed. He noted the current challenges faced by retailers and brands in the cannabis market, advising investors to be cautious. Kyle also suggested that businesses relying on indoor cultivation and a large number of stores might need to reconsider their models to stay competitive.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:19 pm