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Stock Prices

SQSP

Baird analyst Vikram Kesavabhotla upgraded Squarespace (NYSE:SQSP) from Neutral to Outperform and increased the price target from $30 to $39.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 11:05 am

M

Macy's Inc (NYSE:M) stock is surging due to a revised takeover bid of $24.00 per share in cash from Arkhouse Management Co. LP and Brigade Capital Management, LP, representing a 33.3% premium over its March 1, 2024, closing price. This follows Macy's rejection of an initial offer and comes amid a board challenge from Arkhouse. Macy's Q4 revenue declined 1.4% YOY, and the company plans to close 150 locations by 2026.

Portfolio Pulse from Shivani Kumaresan

March 04, 2024 | 11:02 am

QDEL

UBS analyst John Sourbeer downgraded QuidelOrtho (NASDAQ:QDEL) from Neutral to Sell and reduced the price target from $70 to $42, indicating a bearish outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 11:01 am

DASH

RBC Capital analyst Brad Erickson upgraded DoorDash (DASH) from Sector Perform to Outperform and increased the price target from $130 to $175. This upgrade reflects a positive outlook on DoorDash's future performance in the market.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:56 am

BP

Jefferies analyst Giacomo Romeo upgraded BP (NYSE:BP) from Hold to Buy and increased the price target from $38.6 to $42.3, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:50 am

BROS

Piper Sandler analyst Brian Mullan upgrades Dutch Bros (NYSE:BROS) from Neutral to Overweight and raises the price target from $32 to $37.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:47 am

DECK

PLTR

SMCI

Palantir Technologies, Inc. (PLTR) saw a decline in premarket trading, while Super Micro Computer, Inc. (SMCI) experienced a surge due to the latest S&P indices rebalancing. Palantir was excluded from the S&P 500 Index, whereas Super Micro and Deckers Outdoor Corp. (DECK) were included. This inclusion typically benefits stocks as it necessitates purchases by index funds, enhancing trading volume and liquidity.

Portfolio Pulse from Shanthi Rexaline

March 04, 2024 | 10:25 am

BONKUSD

FLOKIUSD

PEPEUSD

SHIBUSD

Memecoins like Shiba Inu (SHIB), PEPE, Floki (FLOKI), and BONK have seen a 3000% surge in trading volumes over the past week, according to Santiment. PEPE, an Ethereum-based memecoin, soared over 370%, while Bonk and Floki also experienced significant price increases. This rally coincides with Bitcoin's rise to $65,000, boosting the total market cap of the top 100 meme coins by 30% to $52 billion.

Portfolio Pulse from Mehab Qureshi

March 04, 2024 | 10:16 am

NSC

UBS analyst Thomas Wadewitz upgraded Norfolk Southern (NYSE:NSC) from Neutral to Buy and increased the price target from $238 to $302.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:14 am

GPOR

Keybanc analyst Tim Rezvan has maintained an Overweight rating on Gulfport Energy (NYSE:GPOR) and increased the price target from $143 to $160.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:11 am