Streetbeat News

Analyst Ratings

MAR

Marriott Intl (NASDAQ:MAR) has seen unusual options activity, with a majority of investors taking a bearish stance. Of the 15 strange trades detected, 73% were bearish and 26% bullish. The total amount for puts was $519,908 and for calls, $280,743. Whales have been targeting a price range from $155.0 to $220.0 for Marriott Intl over the last 3 months. The current price of MAR is $202.09, down -0.12%. Analysts from BMO Capital, Barclays, Bernstein, and Wells Fargo have maintained their ratings on Marriott, with price targets ranging from $189 to $222.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:45 pm

PFE

A large investor has taken a bullish stance on Pfizer (NYSE:PFE), with 22 uncommon options trades spotted for the company. The sentiment of these big-money traders is split between 77% bullish and 22% bearish. The whales have been targeting a price range from $35.0 to $43.0 for Pfizer over the last 3 months. BMO Capital and Morgan Stanley have maintained their Outperform and Equal-Weight ratings on Pfizer respectively, with price targets of $44 and $42.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:45 pm

GIS

General Mills's (NYSE:GIS) short percent of float has fallen 4.2% since its last report, indicating a more bullish sentiment towards the stock. The company has 14.67 million shares sold short, which is 2.51% of all regular shares available for trading. Compared to its peers, General Mills has less short interest as a percentage of float, with an average of 4.71%.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:30 pm

SRE

Sempra Energy's (NYSE:SRE) short percent of float has risen 12.99% since its last report, with 2.72 million shares sold short, which is 0.87% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Sempra Energy has less short interest as a percentage of float (1.99%).

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:30 pm

KVUE

Kenvue's (NYSE:KVUE) short percent of float has risen 452.99% since its last report, with 29.45 million shares sold short, which is 14.82% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, increasing short interest can also be bullish for a stock.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:30 pm

SPY

Jeremy Grantham, co-founder of Grantham Mayo Van Otterloo (GMO), expressed skepticism over the Federal Reserve's ability to avoid an impending recession. He compared the post-COVID-19 equity surge to the 2000 tech bubble and suggested that factors such as AI speculation and political economic stimuli have delayed the bubble's burst. Grantham forecasted that the S&P 500's trendline value would be around 3,200 by year-end, over 1,000 points lower than its current level.

Portfolio Pulse from Piero Cingari

August 18, 2023 | 8:25 pm

REGN

Canaccord Genuity analyst John Newman has maintained a 'Hold' rating on Regeneron Pharmaceuticals (NASDAQ:REGN) and kept the price target at $720.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 8:15 pm

SYY

Sysco's (NYSE:SYY) short percent of float has risen 5.08% since its last report, with 9.37 million shares sold short, which is 1.86% of all regular shares available for trading. It would take traders 3.66 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Sysco's peer group average for short interest as a percentage of float is 4.46%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:15 pm

FTNT

Fortinet's (NYSE:FTNT) short percent of float has decreased by 5.84% since its last report, with 9.56 million shares sold short, representing 1.45% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Fortinet has less short interest as a percentage of float, with an average of 5.13%.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:15 pm

UNP

Union Pacific's (NYSE:UNP) short percent of float has risen 27.4% since its last report, with 5.67 million shares sold short, which is 0.93% of all regular shares available for trading. This increase in short interest can indicate a bearish market sentiment towards the stock. However, compared to its peers, Union Pacific has less short interest.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 8:15 pm