Streetbeat News

Stock Prices

PNC

PNC shares are trading lower due to mixed Q1 financial results, indicating a potential short-term negative impact on the stock.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:55 pm

TSLA

Tesla shares are trading lower due to reports of a 10% global workforce reduction and the departure of two executives.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:55 pm

URI

Goldman Sachs analyst Jerry Revich maintains a Buy rating on United Rentals (NYSE:URI) and raises the price target from $718 to $790, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:54 pm

KMX

Traders are circulating an unconfirmed rumor that an activist investor may be targeting CarMax (KMX), potentially influencing the company's future direction and stock performance.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:51 pm

TSLA

UNH

UnitedHealth reported strong earnings, boosting its stock and positively impacting the healthcare sector. Meanwhile, Tesla's stock continues to decline, affecting the broader market.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:51 pm

REVG

Goldman Sachs analyst Jerry Revich has maintained a Sell rating on REV Group (NYSE:REVG) but raised the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:49 pm

PALI

Palisade Bio shares have resumed trading, indicating a potential shift in market dynamics for the company.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:49 pm

BAC

BNED

CLDI

DYNT

PACB

PALI

WISA

U.S. stocks showed mixed performance with the Dow Jones gaining over 100 points, while NASDAQ and S&P 500 fell. Bank of America reported better-than-expected earnings, with several companies experiencing significant stock movements. Health care shares rose, whereas real estate shares fell. Global markets and economic indicators also showed varied trends.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 1:48 pm

LMT

Lockheed Martin (NYSE:LMT) has seen unusual options activity, indicating a mixed sentiment among big-money investors, with 46% bullish and 53% bearish. The activity includes 15 notable options trades, with a focus on a price range of $455.0 to $600.0. The largest trades observed were mostly calls, with one significant bearish call sweep. Lockheed Martin, a leading defense contractor, is currently trading at $454.81, slightly up by 0.38%, with an anticipated earnings release in 7 days. JP Morgan has upgraded the stock to Overweight with a target price of $518.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 1:46 pm

PLTR

Deep-pocketed investors have shown a bearish sentiment towards Palantir Technologies (NYSE:PLTR), with a significant move in options trading. Benzinga's tracking revealed 9 extraordinary activities, with a majority being bearish despite a mix of calls and puts. The targeted price range is $17.0 to $34.0. The current market status shows PLTR's price at $21.71, down by -0.86%, with an anticipated earnings release in 20 days. An analyst from Monness, Crespi, Hardt downgraded the stock to Sell with a target price of $20.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 1:46 pm