Streetbeat News

Analyst Ratings

IHS

Blackwells Capital has issued a letter calling for a reconstitution of the board of IHS Holding, leading to a rise in IHS Holding's shares.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 2:59 pm

XOM

A 'death cross' has formed on Exxon Mobil's (NYSE:XOM) chart, which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day average, suggesting a potential change in the long-term trend. Exxon Mobil's past and upcoming earnings expectations were also discussed.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:48 pm

U

A 'golden cross' has formed on the chart of Unity Software (NYSE:U), which could indicate a bullish trend for the stock. This occurs when the 50-day moving average crosses above the 200-day moving average. Unity Software is currently trading around $44.51. However, seasoned investors don't blindly trade Golden Crosses, but use it as a signal to start considering long positions based on other factors.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:48 pm

COF

A 'golden cross' has formed on the chart of Capital One Financial (NYSE:COF), which could be a bullish sign for the stock. This occurs when the 50-day moving average crosses above the 200-day moving average, indicating a potential upward trend. However, seasoned investors use this as a signal to start considering long positions based on other factors, such as price levels and company fundamentals.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:48 pm

ARMK

A 'golden cross' has formed on Aramark's (NYSE:ARMK) chart, which could be bullish for the stock. This occurs when the 50-day moving average crosses above the 200-day moving average, indicating a potential upward trend. Aramark's past and upcoming earnings expectations also show positive results.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:48 pm

SEDG

A 'death cross' has formed on the chart of SolarEdge Technologies (NASDAQ:SEDG), which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day moving average, suggesting a possible change in the long-term trend. The company's past and upcoming earnings expectations are also provided.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:48 pm

KHC

A 'death cross' has formed on Kraft Heinz's (NASDAQ:KHC) chart, which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day average. Seasoned investors use this as a signal to start considering short positions. Kraft Heinz's past and upcoming earnings expectations are also provided.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:47 pm

BABA

A significant bearish stance has been taken on Alibaba Group Holding (NYSE:BABA) by a large investor, as indicated by unusual options trades. The sentiment among these big-money traders is split, with 33% bullish and 66% bearish. Whales have been targeting a price range from $80.0 to $140.0 for Alibaba over the last 3 months. Bernstein, Loop Capital, and Benchmark have given price targets of $98, $135, and $180 respectively.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:47 pm

SCHW

A significant amount of unusual options activity has been detected for Charles Schwab (NYSE:SCHW), with a bearish stance being taken by a majority of investors. Of the 22 strange trades detected, 45% were bullish and 54% were bearish. The total amount for puts was $938,980 and for calls was $706,145. Whales have been targeting a price range from $30.0 to $90.0 for Charles Schwab over the last 3 months. The current price of SCHW is down -0.16% at $57.05. Morgan Stanley downgraded its action to Equal-Weight with a price target of $68, while Wolfe Research and Jefferies maintained their Outperform and Buy ratings respectively, with price targets of $60 and $64.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:46 pm

EOG

Unusual options activity has been observed for EOG Resources (NYSE:EOG), with a bearish stance taken by a large investor. The sentiment among these big-money traders is split between 31% bullish and 68% bearish. The whales have been targeting a price range from $105.0 to $145.0 for EOG Resources over the last 3 months. Piper Sandler maintains an Overweight rating on EOG Resources with a price target of $155, while Goldman Sachs downgraded its action to Neutral with a price target of $130.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:46 pm