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SPCE

Virgin Galactic Holdings (NYSE:SPCE) has been the subject of 4 analyst ratings in the last three months, showing a shift towards a more bearish outlook with 2 indifferent and 2 somewhat bearish ratings. The average 12-month price target has been lowered to $1.21 from $1.94, indicating a 37.63% decline in expectations. Analysts from Wells Fargo, Susquehanna, and Truist Securities have adjusted their price targets and ratings, reflecting concerns over the company's market performance and financial health.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 8:00 pm

BOOT

JP Morgan analyst Matthew Boss maintains an Overweight rating on Boot Barn Holdings (NYSE:BOOT) and raises the price target from $85 to $115, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:58 pm

HPK

SU

TNK

Shares of companies in the Oil and Gas sector, including HPK, SU, and TNK, are trading higher due to an increase in crude oil prices and a year-over-year rise in China's April crude oil imports.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:52 pm

AXP

Benzinga's options scanner detected unusual options activity on American Express (NYSE:AXP), with over 11 transactions valued at $1,053,955, indicating a bullish sentiment with a price target range of $200-$260. The analysis of volume and open interest for AXP's options shows significant trades, with both calls and puts indicating bullish sentiment. American Express, a global financial institution, is currently trading at $238.53, up by 0.97%, with analysts giving mixed ratings but leaning towards a positive outlook with target prices ranging from $205 to $263.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 7:46 pm

GLD

SLV

Gold and silver prices have increased as Treasury yields have fallen.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:45 pm

ABEV

AZUL

BBD

BRF

GGB

ITUB

US-listed Brazilian stocks are trading lower due to Brazil's Central Bank decision, affecting companies like ABEV, AZUL, BBD, BRF, GGB, and ITUB.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:44 pm

DUOL

Duolingo, Inc. (NASDAQ:DUOL) shares fell 18.07% after reporting Q1 results with EPS of 57 cents, beating estimates by 111.11%, and sales of $167.6 million, exceeding expectations by 1.16%. The company saw a 41% increase in total bookings and a rise in paid subscribers to 7.4 million. Despite positive results and raised full-year revenue guidance, shares dropped to $200.50. Analysts are divided, with Needham raising its price target to $267 and Barclays lowering theirs to $230.

Portfolio Pulse from Vaishali Prayag

May 09, 2024 | 7:38 pm

SCCO

Southern Copper shares are trading higher due to an increase in copper prices.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:36 pm

FCX

Freeport-McMoRan's stock (FCX) is trading higher due to an increase in copper prices.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:35 pm

HUBS

Recent analysis of HubSpot's (NYSE:HUBS) options activity shows a bearish trend with 52% of trades being bearish. The options trades range between $300.0 to $700.0 strike prices, with notable activity in both puts and calls. The current market price of HUBS is $587.14, with a neutral RSI. Analysts have given an average target price of $687.0, with ratings ranging from Buy to Overweight. The next earnings report is expected in 83 days.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 7:31 pm