Streetbeat News

Analyst Ratings

DG

A significant bullish stance has been taken on Dollar General (NYSE:DG) as evidenced by unusual options activity. The activity was split between 50% bullish and 50% bearish, with 3 puts and 7 calls. The total amount for puts was $226,144 and for calls was $286,021. The price range targeted by these 'whales' over the last 3 months is from $135.0 to $175.0. The price of DG is currently up 4.29% at $171.96.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:16 pm

LOW

A significant bearish stance has been taken on Lowe's Companies (NYSE:LOW) by a large investor, as indicated by a large position in options. The sentiment among big-money traders is split, with 35% bullish and 64% bearish. The targeted price range for Lowe's over the last 3 months is $210.0 to $310.0. Argus Research, Truist Securities, and Wedbush have maintained their respective ratings on Lowe's.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:16 pm

GE

A significant bearish stance has been taken on General Electric (NYSE:GE) as evidenced by unusual options activity. Benzinga's options scanner spotted 12 uncommon options trades for GE, with a split sentiment of 41% bullish and 58% bearish. The targeted price range for GE over the last 3 months is from $80.0 to $120.0. The current price of GE is up 1.3% at $116.21. Several financial institutions have maintained their positive ratings on GE, with price targets ranging from $105 to $135.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:16 pm

PI

Impinj reported its Q2 financial results, which led to a decrease in its share price. Needham maintained a Buy rating on the stock but lowered its price target from $145 to $85.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:14 pm

META

Meta Platforms, Inc. (NASDAQ:META) reported better-than-expected Q2 results and issued strong guidance, leading to a rise in its stock. Q2 revenue was $32 billion, up 11% YoY, beating the consensus estimate of $31.12 billion. EPS was $2.98, surpassing the estimate of $2.91. The company also reported a 5% growth in Facebook Daily Active Users. Several analysts upgraded their ratings and price targets for Meta following the financial report.

Portfolio Pulse from Erica Kollmann

July 27, 2023 | 5:09 pm

PGY

B. Riley Securities has initiated coverage on Pagaya Technologies with a Buy rating and a price target of $4. The news has led to an increase in the trading of Pagaya Technologies' shares.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 5:09 pm

AMAT

LRCX

Shares of Applied Materials, Inc. (AMAT) are trading higher by 7.7% following strong Q4 financial results from Lam Research. Lam Research reported adjusted earnings of $5.98 per share, surpassing the analyst consensus estimate of $5.07 by 17.95%. However, this represents a 32.28% decrease compared to earnings of $8.83 per share from the same period last year. The company also reported quarterly sales of $3.21 billion, exceeding the analyst consensus estimate of $3.13 billion by 2.46%.

Portfolio Pulse from Henry Khederian

July 27, 2023 | 5:07 pm

UNP

Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on Union Pacific (NYSE:UNP) and raised the price target from $168 to $182.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 5:05 pm

TMO

Morgan Stanley analyst Tejas Savant has maintained an 'Overweight' rating on Thermo Fisher Scientific (NYSE:TMO) and raised the price target from $620 to $640.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 5:04 pm

F

A significant amount of unusual options activity has been observed for Ford Motor (NYSE:F), with a mix of bullish and bearish stances. The majority of the trades are puts, with a total amount of $1,953,493, and the rest are calls, amounting to $742,925. The price target range for Ford Motor over the last 3 months has been between $10.0 and $16.35. The company's stock price is currently up 2.19% at $13.97. Analysts from Wells Fargo, Morgan Stanley, Barclays, Citigroup, and Jefferies have maintained their ratings on Ford Motor.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:03 pm