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Analyst Ratings

AMD

ANET

AVGO

MU

NVDA

TSMC

Nvidia Corp. (NASDAQ:NVDA) has been downgraded by New Street Research from buy to neutral due to concerns about overvaluation and demand normalization. Despite a 161% surge this year, the stock is seen as fully valued. The downgrade also highlights positive outlooks for AMD, TSMC, Broadcom, Arista Networks, and Micron Technology.

Portfolio Pulse from Rounak Jain

July 06, 2024 | 4:16 am

MA

Financial giants have shown a bearish trend in options activity for Mastercard (NYSE:MA), with 45% of trades being bearish. The stock is currently trading at $446.07, down by 0.47%. Analysts have set an average target price of $525.0, with Evercore ISI Group maintaining an Outperform rating.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:50 pm

COP

Investors have taken a bullish stance on ConocoPhillips (NYSE:COP) with significant options trades detected. The sentiment is predominantly bullish with a price target range of $100 to $115. The stock is currently trading at $112.55, down by 1.93%.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:49 pm

VKTX

Viking Therapeutics (NASDAQ: VKTX) has seen a surge in options activity, with significant trades indicating a mix of bullish and bearish sentiment. The price range targeted by these trades is between $49.0 and $130.0. The stock is currently trading at $51.8, up 2.64%, with a neutral RSI. Analysts have mixed ratings with a consensus target price of $105.0.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:49 pm

KLAC

Deep-pocketed investors are showing a bullish sentiment towards KLA (NASDAQ:KLAC) with significant options activity. Benzinga's options scanner highlighted 9 extraordinary options activities, with 55% of the sentiment being bullish. The projected price targets for KLAC range from $710 to $980. Analysts have given positive ratings with target prices averaging $912.5.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:17 pm

WMT

Deep-pocketed investors have shown a bearish sentiment towards Walmart (NYSE:WMT) through significant options trading activity. Benzinga's options scanner highlighted 22 extraordinary options activities, with 63% of the sentiment being bearish. The trading activity suggests a price target range of $56.67 to $80.0 for Walmart over the next three months. Analysts have mixed ratings on Walmart, with target prices ranging from $71 to $81.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 7:32 pm

ACN

Whales are showing a bullish stance on Accenture (NYSE:ACN) with 75% of recent options trades being bullish. The price range targeted by these trades is between $250 and $320. Analysts have mixed ratings on Accenture, with price targets ranging from $300 to $400.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 7:32 pm

LULU

Financial giants have shown a bullish interest in Lululemon Athletica (NASDAQ:LULU) through options trading. Analysis reveals 17 unusual trades with a mix of bullish and bearish sentiments. The stock is currently trading at $298.67, with a consensus target price of $410.6 from market experts.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 7:32 pm

INSM

Insmed shares are trading higher after B of A Securities maintained a Buy rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 7:21 pm

AMAT

Recent unusual options activity for Applied Materials (NASDAQ:AMAT) shows a bearish stance from big-money investors, with 54% of trades being bearish. The options activity includes 6 puts and 5 calls, with a total trade amount of $508,152 for puts and $176,380 for calls. The predicted price range for AMAT is between $170.0 and $250.0. Current trading volume is 1,882,117, with the stock price down by -0.54% at $242.0. Analysts have a consensus target price of $290.0, with ratings from B. Riley Securities and Wells Fargo.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 7:03 pm