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T

Recent options trading trends for AT&T (NYSE:T) show a predominantly bearish sentiment among investors, with 88% of detected trades being bearish. The trading volume and open interest suggest a price target range of $12.0 to $20.0. Despite this, AT&T's stock is slightly up with a current price of $17.22. Analysts, including one from Wolfe Research, have a more optimistic view, setting an average target price of $21.0 and upgrading the stock to Outperform.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 6:45 pm

ASLN

Piper Sandler released a note on ASLAN Pharmaceuticals, indicating the company's belief in the value and differentiation of its once-monthly subcutaneous Eblasakimab compared to Dupixent, which is administered every other week. This suggests ASLAN Pharmaceuticals is open to partnerships or acquisition based on the unique positioning of Eblasakimab.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 6:45 pm

AAPL

CROX

GOOGL

PFE

SBUX

Redditors at r/ValueInvesting shared their top value stock picks, highlighting Apple Inc (AAPL) for its favorable P/E ratio compared to other tech giants. Alphabet Inc (GOOGL/GOOG), Crocs Inc (CROX), Starbucks Corp (SBUX), and Pfizer Inc (PFE) were also mentioned as undervalued investments based on their current P/E multiples. The discussion reflects a positive sentiment towards these companies, considering them attractive for their growth potential, brand popularity, and valuation.

Portfolio Pulse from Surbhi Jain

March 11, 2024 | 6:42 pm

WING

Significant options activity has been observed for iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist) (NASDAQ:WING), indicating a mixed sentiment among big-money investors, with 60% bearish and 40% bullish positions. The options trades range between $90.0 to $400.0 strike prices, showing unusual volume and open interest trends. Wingstop, mistakenly associated with the ticker WING, is actually a restaurant operator with a growing global presence. The current market performance of WING shows a slight decrease in price, with analysts providing mixed ratings and target prices ranging from $292 to $410.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 6:30 pm

MU

Whales have shown a bearish stance on Micron Technology (NASDAQ:MU), with 59% of detected trades being bearish and 40% bullish. The trading activity suggests a price target range between $50.0 and $140.0. Micron Technology, a major semiconductor company, is currently trading down by -1.76% at $95.9, with an anticipated earnings release in 9 days. Analysts have given an average target price of $112.5, with mixed ratings from firms like Cantor Fitzgerald, Mizuho, Wells Fargo, and Stifel.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 6:30 pm

ACN

Deutsche Bank analyst Bryan Keane maintains a Buy rating on Accenture (ACN) and raises the price target from $377 to $409.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 6:07 pm

CAT

Financial analysis reveals a bearish sentiment among big money traders on CATCo Reinsurance Opportunities Fund Ltd (NYSE:CAT), with a slight majority of options trades showing bearish tendencies. The analysis of options history showed 20 unusual trades, with a projected price target range of $200.0 to $340.0. Caterpillar, the world's largest manufacturer of heavy equipment, is currently trading at $333.79, down by -1.59%, with an RSI indicating it may be approaching overbought territory. Analysts have given mixed ratings with an average target price of $339.0.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 6:01 pm

PYPL

Recent analysis of PayPal Holdings (NASDAQ:PYPL) options activity shows a bearish trend among financial giants, with 52% displaying bearish tendencies versus 47% bullish. The trading activity suggests a price range of $40.0 to $100.0 for PayPal over the next three months. Significant trades include both puts and calls, with a notable bearish sentiment on a $70.00 put sweep. PayPal, known for its electronic payment solutions and owning Venmo, has a current stock price of $58.99, with market experts setting a consensus target price of $62.5.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 6:01 pm

WSM

Williams-Sonoma (NYSE:WSM) has received diverse analyst ratings over the last three months, with a shift towards more bullish sentiments in the recent 30 days. The average 12-month price target for WSM has been raised to $249.43, indicating a 19.69% increase from the previous target. The company's financial performance shows a negative revenue trend but strong profitability metrics such as net margin, ROE, and ROA. Williams-Sonoma's strategic focus includes expanding in the B2B, marketplace, and franchise areas, alongside managing a prudent debt strategy.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 6:01 pm

CHDN

Four analysts have recently provided their ratings on Churchill Downs (NASDAQ:CHDN), with a consensus leaning towards a somewhat bullish outlook. The average 12-month price target is set at $146.25, slightly down from the previous target. Analyst Jordan Bender from JMP Securities has maintained and raised his price target to $150, while Daniel Politzer from Wells Fargo has set a target of $137. Churchill Downs showcases strong financial performance with significant revenue growth, exceptional net margin, and impressive ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 6:00 pm