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Stock Prices

WEC

B of A Securities analyst Julien Dumoulin-Smith downgraded WEC Energy Group (NYSE:WEC) from Neutral to Underperform and reduced the price target from $84 to $78, indicating a bearish outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:32 pm

CAG

Conagra Brands (NYSE:CAG) reported Q2 adjusted earnings per share (EPS) of $0.71, surpassing the consensus estimate of $0.68 by 4.41%. However, the EPS represents a 12.35% decline from the previous year's $0.81. Quarterly sales were $3.21 billion, falling short of the $3.24 billion estimate by 0.87% and marking a 3.17% decrease from last year's $3.31 billion.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:31 pm

AAPL

ALL

AMD

AXP

EFX

FIVE

MDB

MRK

MUSA

Several top Wall Street analysts have updated their price targets and ratings for various US-listed companies. Notable changes include upgrades for Murphy USA, American Express, Allstate, Equifax, Five Below, Merck, AMD, and Micron Technology, with increased price targets. Conversely, Apple and MongoDB received downgrades with reduced price targets. These adjustments reflect the analysts' latest views on these stocks' potential performance.

Portfolio Pulse from Avi Kapoor

January 04, 2024 | 12:31 pm

ADCT

ADC Therapeutics announced it has regained compliance with NYSE continued listing standards and will be removed from the NYSE's noncompliant issuers list.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:21 pm

AMD

CALM

INTC

MDB

QQQ

SPY

WBA

U.S. stock futures are slightly higher, with investors focusing on labor market reports after hawkish Fed minutes dampened hopes for early rate cuts. Small-cap stocks and crude oil prices are in the spotlight, while bond yields have risen. Analysts from Morgan Stanley and Carson Group provided insights, suggesting no rate cuts until at least June and noting a weak Santa Claus Rally as a potential warning for market performance. In premarket trading, SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) saw slight gains, while individual stocks like AMD, INTC, CALM, MU, and MDB moved on analyst actions or company news. European stocks advanced, Asian markets declined, and cryptocurrencies traded lower.

Portfolio Pulse from Shanthi Rexaline

January 04, 2024 | 12:21 pm

LOW

Barclays analyst Seth Sigman has maintained an Equal-Weight rating on Lowe's Companies (NYSE:LOW) and increased the price target from $203 to $229.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:18 pm

KYMR

Kymera Therapeutics highlighted its immunology strategy and emerging pipeline of oral degraders targeting immuno-inflammatory diseases during its R&D Day. The company is advancing first-in-class oral degraders, including KT-621, KT-294, and KT-474 (SAR444656), which are expected to enter Phase 1 clinical trials in the second half of 2024 and first half of 2025, respectively. KT-474 is anticipated to complete enrollment in Phase 2 studies in Q4 2024, with results expected in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:15 pm

Barclays analyst Seth Sigman has upgraded Home Depot (NYSE:HD) from Equal-Weight to Overweight and increased the price target from $325 to $372, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:14 pm

TFC

B of A Securities analyst Ebrahim Poonawala has upgraded Truist Financial Corporation (NYSE:TFC) from Neutral to Buy and set a price target of $43.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:12 pm

FND

Barclays analyst Seth Sigman has maintained an Underweight rating on Floor & Decor Holdings (NYSE:FND) but increased the price target from $66 to $75.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:12 pm