Streetbeat News

Analyst Ratings

CYBN

HC Wainwright & Co. analyst Patrick Trucchio has reiterated a 'Buy' rating on Cybin (AMEX:CYBN) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 3:52 pm

RMNI

Rimini Street (RMNI) has been mentioned in Zacks Blockchain Innovators News Letter. The impact of this mention on the stock's performance is yet to be seen.

Portfolio Pulse from Happy Mohamed

June 30, 2023 | 3:46 pm

PEP

A significant bearish 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 8% bullish and 91% bearish. The whales have been targeting a price range from $180.0 to $185.0 for PepsiCo over the last 3 months. The price of PEP is currently up 0.44% at $184.68, and RSI indicators suggest the stock may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:46 pm

CRM

A significant investor has taken a bearish stance on Salesforce (NYSE:CRM), with 70% of the spotted trades being bearish. The targeted price range for Salesforce over the last 3 months is from $100.0 to $230.0. The current price of CRM is up 1.03% at $212.59. Analysts' price targets range from $153 to $250. The next earnings are expected in 54 days.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:46 pm

CAT

A significant amount of unusual options activity has been detected for Caterpillar (NYSE:CAT), with a majority of investors taking a bearish stance. The trades have targeted a price range of $210.0 to $300.0 for Caterpillar over the last 3 months. The current price of CAT is up 0.6% at $245.72. Tigress Financial has maintained their Buy rating on Caterpillar with a price target of $282, while DA Davidson has downgraded its action to Neutral with a price target of $263.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:46 pm

META

A significant bullish stance has been taken on Meta Platforms (NASDAQ:META) with 46 uncommon options trades spotted, split between 54% bullish and 45% bearish. The whales have been targeting a price range from $115.0 to $400.0 for Meta Platforms over the last 3 months. The price of META is up 2.47% at $288.47. Wells Fargo downgraded its action to Equal-Weight with a price target of $276, while Oppenheimer, UBS, JMP Securities, and Citigroup maintain positive ratings with price targets ranging from $300 to $360.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:31 pm

SHOP

A significant bullish stance has been taken on Shopify (NYSE:SHOP) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is 70% bullish and 30% bearish. The whales have been targeting a price range from $58.0 to $80.0 for Shopify over the last 3 months. Jefferies has maintained their Hold rating on Shopify with a price target of $65, while JMP Securities downgraded its action to Market Outperform with a price target of $70.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:31 pm

AGEN

Agenus (NASDAQ:AGEN) has reported promising data from its Phase 1b trial on the botensilimab and balstilimab combination at the 2023 ESMO World Congress on Gastrointestinal Cancer. The data shows substantial survival benefits for patients with non-MSI-H metastatic colorectal cancer previously resistant to chemotherapy and/or immunotherapy. Agenus is planning to submit its first Biologics License Application to the FDA for patients with non-MSI-H metastatic colorectal cancer.

Portfolio Pulse from Happy Mohamed

June 30, 2023 | 3:21 pm

NVDA

NVIDIA's (NASDAQ:NVDA) short percent of float has fallen 4.92% since its last report, with 27.51 million shares sold short, which is 1.16% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards NVIDIA. Compared to its peers, NVIDIA has less short interest as a percentage of float, with an average of 4.80%.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:15 pm

MU

Micron Technology's (NASDAQ:MU) short percent of float has fallen 17.43% since its last report, with 21.71 million shares sold short, which is 1.99% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Micron has less short interest, with the average for its peer group being 4.76%.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:15 pm