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Stock Prices

VIV

Morgan Stanley analyst Cesar Medina downgraded Telefonica Brasil (NYSE:VIV) from Overweight to Equal-Weight and set a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:50 am

CINT

Morgan Stanley analyst Cesar Medina downgraded CI&T (NYSE:CINT) from Overweight to Equal-Weight and reduced the price target from $6 to $5.5.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:48 am

CVS

CVS Health will reaffirm its full-year 2024 earnings guidance, maintaining its GAAP diluted EPS at a minimum of $7.26 and its adjusted EPS at a minimum of $8.50, which is slightly below the estimated $8.59.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:48 am

PCTY

Jefferies analyst Samad Samana has downgraded Paylocity Holding (NASDAQ:PCTY) from Buy to Hold and reduced the price target from $240 to $180.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:45 am

NIO

XPEV

Brian Gu, Vice Chairman and Co-president of XPeng Inc., has high hopes for the X9 model, calling it a 'game-changer' for the EV industry. The X9, a seven-seater EV, launched on Jan. 1 in China, is priced between $50,360 and $58,760. XPeng's November 2023 deliveries hit a record of 20,041 vehicles, a 245% increase YoY. However, XPeng's stock suffered when Alibaba announced a sell-off of its shares. XPeng competes with other Chinese EV makers like Nio, Huawei, and Zeekr, and plans to introduce driver-assist technology in China and Europe by 2024.

Portfolio Pulse from Benzinga Neuro

January 05, 2024 | 11:36 am

RTX

RTX Corp (NYSE:RTX) has appointed Phil Jasper as the President of its Raytheon subsidiary. Jasper, succeeding Wesley D. Kremer who will retire at the end of Q1 2024, will report to RTX's President and COO Christopher T. Calio. Jasper previously led Collins Aerospace's Mission Systems and has been instrumental in integrating RTX's connected battlespace solutions. Additionally, Troy Brunk, Heather Robertson, and Nathan Boelkins have been named to leadership roles within Collins Aerospace. RTX shares closed slightly lower at $85.41.

Portfolio Pulse from Shivani Kumaresan

January 05, 2024 | 11:36 am

HUT

Hut 8 Corp reported that as of December 2023, it has produced a total of 453 Bitcoin. The company also stated that it holds a total of 9,195 Bitcoin on its balance sheet, highlighting that it possesses one of the largest self-mined Bitcoin reserves among publicly traded companies.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:36 am

PAYC

Jefferies analyst Samad Samana has downgraded Paycom Software (NYSE:PAYC) from Buy to Hold and set a price target of $195.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:32 am

FHB

Wells Fargo analyst Jared Shaw has downgraded First Hawaiian (NASDAQ:FHB) from Equal-Weight to Underweight and set a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:30 am

OZK

WFC

Wells Fargo analyst Jared Shaw has downgraded Bank OZK from Equal-Weight to Underweight and set a price target of $41. The downgrade suggests a bearish outlook on the bank's stock by Wells Fargo.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:29 am