Streetbeat News

Analyst Ratings

FCX

A significant bullish stance has been taken on Freeport-McMoRan (NYSE:FCX) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 71% bullish and 28% bearish. The whales have been targeting a price range from $33.0 to $65.0 for Freeport-McMoRan over the last 3 months. The current price of FCX is down -1.7% at $41.66. Morgan Stanley has downgraded its action to Equal-Weight with a price target of $38.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 4:15 pm

WMT

A significant amount of unusual options activity has been detected for Walmart (NYSE:WMT), with a bearish stance being taken by a majority of investors. Of the 15 strange trades detected, 53% were bearish and 46% were bullish. The total amount for puts was $463,962 and for calls was $344,997. Whales have been targeting a price range from $140.0 to $230.0 for Walmart over the last 3 months. Several financial firms have given their ratings and price targets for Walmart, with the highest being $210 by Piper Sandler.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 4:15 pm

CBAY

BTIG analyst Julian Harrison maintains a Buy rating on CymaBay Therapeutics (NASDAQ:CBAY) and raises the price target from $18 to $22.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:15 pm

KRT

Lake Street analyst Ryan Meyers maintains a 'Buy' rating on Karat Packaging (NASDAQ:KRT) and raises the price target from $25 to $26.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:13 pm

FORA

Lake Street analyst Eric Martinuzzi has maintained a 'Buy' rating on Forian (NASDAQ:FORA) but lowered the price target from $7 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:12 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, META, and NVDA. The memo provides price levels for these assets based on a proprietary formula that considers price, volume, and options flow. The memo suggests potential breakouts or reversals for these stocks and recommends traders to stay alert and adjust their tactics based on the market's pulse.

Portfolio Pulse from RIPS

August 11, 2023 | 4:11 pm

ARLO

Lake Street analyst Mark Argento has maintained a 'Buy' rating on Arlo Technologies (NYSE:ARLO) and raised the price target from $12 to $14.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:11 pm

LMB

Lake Street analyst Rob Brown maintains a 'Buy' rating on Limbach Holdings (NASDAQ:LMB) and raises the price target from $27 to $42.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:09 pm

WIX

RBC Capital analyst Brad Erickson has reiterated his 'Outperform' rating on Wix.com (NASDAQ:WIX) and maintained a price target of $120.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 4:08 pm

HGBL

Lake Street analyst Mark Argento maintains a 'Buy' rating on Heritage Glb (NASDAQ:HGBL) and raises the price target from $5 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 4:08 pm