Streetbeat News

Analyst Ratings

COP

A significant amount of unusual options activity has been observed for ConocoPhillips (NYSE:COP), with a majority of investors taking a bullish stance. Of the 11 strange trades detected, 54% were bullish and 45% were bearish. The total amount for puts was $115,625 and for calls was $741,952. Whales have been targeting a price range from $80.0 to $150.0 for ConocoPhillips over the last 3 months. The current price of COP is up 0.63% at $117.46. Analysts from Mizuho, RBC Capital, Wells Fargo, Truist Securities, and Raymond James have maintained their ratings on ConocoPhillips, with price targets ranging from $130 to $151.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:46 pm

DHI

A significant amount of unusual options activity has been detected for D.R. Horton (NYSE:DHI), with a bearish stance being taken by a majority of investors. Of the 24 strange trades detected, 58% were bearish and 41% were bullish. The total amount for puts was $829,394 and for calls was $505,656. Whales have been targeting a price range from $97.5 to $131.0 for D.R. Horton over the last 3 months. The current price of DHI is $116.44, down -0.05%. Credit Suisse has downgraded its action to Neutral with a price target of $120, while JP Morgan, JMP Securities, BTIG, and Keefe, Bruyette & Woods have maintained their ratings with price targets of $146, $140, $164, and $142 respectively.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:46 pm

HLN

Haleon Inc.'s (NYSE:HLN) shares are currently trading at $8.23, after a 0.96% decrease. Despite a 7.37% decrease over the past month, the stock has increased by 32.18% over the past year. The company's P/E ratio is lower than the Personal Products industry average, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:31 pm

PEP

A significant bullish stance has been taken on PepsiCo (NASDAQ:PEP) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 63% bullish and 36% bearish. The targeted price range for PepsiCo over the last three months has been between $135.0 and $195.0. The current price of PEP is down -0.26% at $177.99, and RSI indicators suggest the stock may be oversold.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:15 pm

BALL

CCK

Ball Corp (NYSE:BALL) has agreed to sell its Aerospace business to BAE Systems for $5.6 billion in cash. The proceeds, along with strong FCF generation through BevCan operations, will be used to further de-lever the company. The deal is seen as a positive move by Mizuho Securities analyst Christopher Parkinson, who reiterated a Neutral rating on BALL shares with a price target of $59. The analyst also suggested that the deal could reignite debate on Crown Holdings Inc's (NYSE:CCK) willingness to divest non-BevCan related businesses.

Portfolio Pulse from Shivani Kumaresan

August 18, 2023 | 5:10 pm

XYL

Stifel analyst Nathan Jones has reiterated a Buy rating on Xylem Inc (NYSE:XYL) shares with a price target of $133. The merger with Evoqua Water Technologies Corp is expected to generate $140 million of cost synergies within three years. Xylem plans to leverage its complementary digital capabilities with Evoqua to build the leading global smart water infrastructure company. Xylem shares are currently trading higher by 0.42% at $99.93.

Portfolio Pulse from Shivani Kumaresan

August 18, 2023 | 5:07 pm

ORCL

A significant amount of unusual options activity has been detected for Oracle (NYSE:ORCL), with a bearish stance being taken by a whale investor. Of the 15 strange trades detected, 46% were bullish and 53% were bearish. The trades included 10 puts worth $1,170,865 and 5 calls worth $220,876. The targeted price range for Oracle over the last 3 months has been $97.5 to $125.0. Piper Sandler has downgraded its action to Overweight with a price target of $130.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:01 pm

LULU

A significant bullish stance has been taken on Lululemon Athletica (NASDAQ:LULU) as evidenced by unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $300.0 to $420.0 for Lululemon Athletica over the last 3 months. Keybanc has maintained their Overweight rating on Lululemon Athletica, with a price target of $425.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:01 pm

RCL

A significant bearish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $55.0 to $105.0 for Royal Caribbean Gr over the last 3 months. The current price of RCL is $100.3, with various experts maintaining positive or equal-weight ratings with price targets ranging from $100 to $132.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:01 pm

DFS

Analysts have provided various ratings for Discover Financial Services (NYSE:DFS) within the last quarter, with 1 bullish, 1 somewhat bullish, and 14 indifferent. The average price target is $115.0, representing an upside from the current price of $93.96. This average is a 2.17% decrease from the previous average price target of $117.55.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:00 pm