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Stock Prices

NSC

TD Cowen analyst Jason Seidl downgraded Norfolk Southern (NYSE:NSC) from Outperform to Market Perform while raising the price target from $233 to $236.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:26 pm

SNCE

Trading on the stock of Science 37 Holdings, Inc. (SNCE) has been halted at 7:25 a.m. ET due to pending news. The halt is in place to ensure a fair and orderly market until the pending news is released to the public.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:25 pm

BOOM

Trading for the stock with the symbol BOOM was halted and then resumed at 7:25 AM ET, with updated quotation resumption times following the release of news.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:25 pm

AAPL

AMZN

GOOGL

META

MSFT

QQQ

SPY

U.S. stocks are set for a mixed open as investors await a series of tech earnings and the Federal Reserve meeting. Big tech companies like Microsoft, Alphabet, Amazon, Meta Platforms, and Apple are reporting earnings, with AI-focused firms expected to perform well. Last week, stock indices gained, with the S&P 500 and Dow closing near record levels. The Fed is expected to maintain high rates, with Chair Powell likely to continue a tough stance on inflation. Futures are slightly up, with SPY and QQQ showing modest gains in premarket trading. Stocks like AMD, Boeing, and SoFi are in focus with upcoming earnings, while China Evergrande's liquidation adds to concerns about China's property sector.

Portfolio Pulse from Shanthi Rexaline

January 29, 2024 | 12:23 pm

ALB

TD Cowen analyst David Deckelbaum has downgraded Albemarle (NYSE:ALB) from Outperform to Market Perform and set a price target of $130.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:20 pm

BP

EQNR

NGG

Equinor ASA (NYSE:EQNR) and National Grid PLC (NYSE:NGG) are among the energy companies that have submitted bids to the New York State Energy Research and Development Authority (NYSERDA) for three offshore wind projects. This comes after a challenging period in 2023 with canceled contracts due to inflation, interest rates, and supply chain issues. Equinor recently gained full ownership of Empire Wind and South Brooklyn Marine Terminal from BP PLC (NYSE:BP), enhancing its position in New York's clean energy drive. Equinor expects to begin construction in the first half of this year, with the first power expected in 2026 and commercial operation by 2027.

Portfolio Pulse from Lekha Gupta

January 29, 2024 | 12:18 pm

ENGN

enGene Holdings (NASDAQ:ENGN) reported a significant increase in its annual loss per share to $(151.22), a 241.35% increase from $(44.30) the previous year. However, the company has $81.5M in cash and cash equivalents, which is expected to cover expenses into Q2 2025.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:17 pm

CHH

Barclays analyst Brandt Montour has maintained an Underweight rating on Choice Hotels Intl (NYSE:CHH) but increased the price target from $112 to $114.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:13 pm

SOFI

SoFi shares have risen following the report of Q4 revenues that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:10 pm

NSC

Stifel analyst Benjamin Nolan has downgraded Norfolk Southern (NYSE:NSC) from Buy to Hold and reduced the price target from $250 to $233, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:06 pm