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Stock Prices

WWD

Truist Securities analyst Michael Ciarmoli has maintained a Hold rating on Woodward (NASDAQ:WWD) and increased the price target from $136 to $143, as reported on January 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:44 pm

CALX

Calix, Inc. shares dropped following the company's announcement of Q1 adjusted EPS and revenue guidance that fell short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:44 pm

CLF

Cleveland-Cliffs Inc (NYSE:CLF) stock is trading lower after reporting Q4 financial results that fell short of expectations. The company missed revenue estimates with $5.11 billion against the expected $5.15 billion and reported an adjusted earnings loss of 5 cents per share, compared to the estimated loss of 4 cents per share. Despite the weak quarter, the company had a strong year with healthy steel demand and expects to reduce steel unit costs and increase shipment volumes in 2024. A conference call is scheduled to discuss the results.

Portfolio Pulse from Adam Eckert

January 30, 2024 | 1:44 pm

IWM

QQQ

SPY

Historical data over the last 20 years shows February to be a flat month for stocks, with the S&P 500 averaging a 0.2% gain. The SPDR S&P 500 Trust (SPY) reflects this trend. The NYSE Composite has had mixed results, averaging a slight loss. The Nasdaq 100, represented by the Invesco QQQ Trust (QQQ), has seen a 0.2% average gain, while the iShares Russell 2000 ETF (IWM) has outperformed with a 0.6% average gain in February. Seasonality is backward-looking and does not guarantee future performance.

Portfolio Pulse from Cory Mitchell

January 30, 2024 | 1:43 pm

HONE

HarborOne Bancorp (NASDAQ:HONE) reported a Q4 2023 adjusted EPS of $(0.17), significantly missing the analyst consensus estimate of $0.15. Quarterly sales were $29.69M, also falling short of the $30.24M estimate, marking a 24.23% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:43 pm

MSCI

MSCI's stock price is on the rise following the release of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:42 pm

ALK

BA

EADSF

Boeing Co (NYSE:BA) is set to report Q4 earnings on Jan. 31 with expectations of a negative 74 cents EPS and $21.12 billion in revenues. The company's stock trades at a discount compared to Airbus SE (OTCPK:EADSF), partly due to supply chain issues and the Alaska Airlines (NYSE:ALK) incident. Analysts will focus on Boeing's AI integration in supply chain management and production targets. Consensus analyst ratings on Boeing stock are a Buy with a price target of $216.41. Boeing's stock closed slightly lower at $205.19.

Portfolio Pulse from Surbhi Jain

January 30, 2024 | 1:42 pm

GM

During a conference call, GM's CEO acknowledged that the growth pace for electric vehicles (EVs) has slowed, leading to some uncertainty. The company plans to adjust production to match demand.

Portfolio Pulse from Charles Gross

January 30, 2024 | 1:41 pm

GM

General Motors (GM) stock is trading higher following the release of their Q4 financial results, which surpassed expectations. Additionally, GM provided an adjusted EPS guidance for 2024 that is above analyst estimates, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:41 pm

FFIV

F5 Networks, Inc. (FFIV) stock is trading higher following the announcement of their Q1 financial results, which surpassed market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:38 pm