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Analyst Ratings

ALLR

Allarity Therapeutics (NASDAQ:ALLR) announced the publication of its clinical validation of a novel drug-specific DRP®-companion diagnostic (CDx) for dovitinib in the peer-reviewed journal PLOS ONE. The DRP®-Dovitinib CDx was able to identify a subgroup of advanced renal cell carcinoma (RCC) patients that have improved clinical benefit from treatment with dovitinib. The DRP®-Dovitinib CDx is a complex transcriptomic signature comprising 58 mRNA biomarkers that are collectively predictive of tumor response to the drug. Dovitinib is currently being advanced by Allarity in an ongoing Phase 1b clinical study exploring the potential synergy of dovitinib and stenoparib for the treatment of advanced solid tumors, including ovarian cancer.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 8:13 pm

PLNT

Planet Fitness (NYSE:PLNT) has received various analyst ratings in the last quarter, with 2 bullish, 5 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target for the company, according to 9 analysts, is $75.89, representing a 9.92% decrease from the previous average price target of $84.25.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 8:00 pm

DOW

A significant investor has taken a bullish stance on Dow (NYSE:DOW), with 70% of recent trades being bullish and 30% bearish. The total amount for put options is $145,825 and for call options is $319,480. The targeted price range for Dow over the last 3 months is from $30.0 to $100.0. The current price of DOW is down -0.97% at $54.7, and the next earnings are expected in 55 days.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 7:47 pm

WMT

Unusual options activity has been observed for Walmart (NYSE:WMT), with a bearish stance taken by a large investor. The options scanner at Benzinga spotted 11 uncommon trades, with a split sentiment of 45% bullish and 54% bearish. The whales have been targeting a price range from $140.0 to $165.0 for Walmart over the last 3 months. Major financial institutions have maintained their positive ratings on Walmart, with price targets ranging from $170 to $190.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 7:47 pm

AVGO

A significant number of investors have taken a bearish stance on Broadcom (NASDAQ:AVGO), with 60% of detected trades showing bearish expectations. Whales have been targeting a price range from $550.0 to $1110.0 for Broadcom over the last 3 months. The price of AVGO is up 0.64% at $895.59. Piper Sandler and Susquehanna have maintained their Overweight and Positive ratings on Broadcom, respectively, while Rosenblatt downgraded its action to Buy.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 7:47 pm

DPZ

KO

PEP

Cathie Wood, founder of Ark Invest, warns of looming deflation in an interview with Benzinga. She expects interest rates to fall and highlights that many companies are showing little to no nominal growth. She uses Domino's Pizza, PepsiCo, and Coca-Cola as examples of companies experiencing negative unit growth due to price increases. Wood also mentions rising consumer delinquencies and the potential impact on the economy.

Portfolio Pulse from AJ Fabino

August 30, 2023 | 7:31 pm

DVN

Unusual options activity has been observed for Devon Energy (NYSE:DVN), with a bearish stance taken by a large investor. The sentiment among these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $45.0 to $60.0 for Devon Energy over the last 3 months. Several financial institutions have maintained their ratings on Devon Energy, with price targets ranging from $55 to $79.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 7:31 pm

LMT

A significant bearish stance has been taken on Lockheed Martin (NYSE:LMT) by a large investor, as observed in the publicly available options history. The overall sentiment of these big-money traders is split between 24% bullish and 75% bearish. The whales have been targeting a price range from $390.0 to $455.0 for Lockheed Martin over the last 3 months.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 7:16 pm

VZ

A significant bearish stance has been taken on Verizon Communications (NYSE:VZ) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $31.0 to $42.0 for Verizon Communications over the last 3 months. Morgan Stanley, Citigroup, and Oppenheimer have given price targets of $44, $40, and $43 respectively.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 7:16 pm

BIG

Loop Capital analyst Anthony Chukumba maintains a 'Hold' rating on Big Lots (NYSE:BIG) and raises the price target from $6 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 7:06 pm