Streetbeat News

Stock Prices

HUBG

Stifel analyst J. Bruce Chan has reaffirmed a Buy rating on Hub Group (NASDAQ:HUBG) and increased the price target from $99 to $104, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 3:39 pm

RXO

Jeffrey Kauffman, an analyst at Vertical Research, has downgraded RXO (NYSE:RXO) from Buy to Hold and set a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 3:37 pm

FWRD

Stifel analyst J. Bruce Chan has maintained a Hold rating on Forward Air (NASDAQ:FWRD) but has reduced the price target from $81 to $80.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 3:37 pm

R

Vertical Research analyst Jeffrey Kauffman downgraded Ryder System (NYSE:R) from Buy to Hold and set a price target of $120.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 3:35 pm

HWM

MODG

MP

TDG

TOST

Jim Cramer, on CNBC's 'Mad Money Lightning Round,' expressed his views on several stocks. He recommended buying Topgolf Callaway Brands Corp. (MODG) at $14, was hesitant on Toast, Inc. (TOST) until they make money, suggested holding MP Materials Corp. (MP) despite lacking a catalyst, praised Howmet Aerospace Inc. (HWM), and suggested a stock split for TransDigm Group Incorporated (TDG) to make it recommendable. Stock movements were also noted with MODG slightly up, TOST gaining, MP and HWM falling, and TDG slightly up on Tuesday.

Portfolio Pulse from Avi Kapoor

January 10, 2024 | 3:35 pm

BTCUSD

ETHUSD

Bitcoin's price fell below $45,000 after a false start on ETF approval due to a hacked SEC tweet. Analysts from QCP Capital and K33 Research suggest that an actual ETF approval may not significantly impact Bitcoin's price as it might be already priced in. They also note potential changes in market dynamics, such as reduced volatility and influence of crypto whales, and impacts on the futures market. Ethereum's standing in relation to Bitcoin is also discussed.

Portfolio Pulse from Murtuza Merchant

January 10, 2024 | 3:31 pm

USO

The EIA reported a weekly distillates stock build of 6.528 million barrels, significantly higher than the expected build of 2.382 million barrels. This unexpected increase in distillate inventories could suggest lower demand or higher production, potentially impacting fuel prices and related stocks.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 3:30 pm

SPY

UNG

USA gasoline inventories saw a significant increase with a build of 8.029 million, surpassing the estimated build of 2.489 million.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 3:30 pm

CTSH

Over the past 20 years, Cognizant Tech Solns (NASDAQ:CTSH) has produced an average annual return of 12.89%, outperforming the market. A $1000 investment in CTSH 20 years ago would be worth $10,985.49 today. The company currently has a market cap of $36.68 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 3:30 pm

SPY

UNG

USO

The EIA reported a weekly build in distillates stocks of 6.528 million barrels, significantly higher than the estimated build of 2.382 million barrels.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 3:30 pm