Streetbeat News

Assets

DHR

Benzinga's options scanner detected over 13 options trades for Danaher (NYSE:DHR) totaling $345,933. Whales have been targeting a price range from $145.0 to $190.0 for Danaher over the last 3 months. The price of DHR is down -1.55% at $189.04. Major financial institutions maintain positive ratings on Danaher with price targets ranging from $215 to $260.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 6:31 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) has outperformed the market over the past 15 years, producing an average annual return of 28.03%. If an investor had bought $100 of CMG stock 15 years ago, it would be worth $4,077.89 today.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 6:30 pm

BIIB

Biogen (NASDAQ:BIIB) has outperformed the market over the past 15 years, producing an average annual return of 12.42%. If an investor had bought $100 of BIIB stock 15 years ago, it would be worth $575.86 today. The company currently has a market capitalization of $34.40 billion.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 6:30 pm

VWAGY

Volkswagen AG (OTC:VWAGY) has reportedly postponed its decision to select a new location for its fourth gigafactory dedicated to electric vehicle (EV) battery production due to slower-than-expected uptake of EVs in the European market. The company has already selected sites in Germany, Spain, and Canada. The Czech Republic, a contender for the new factory, is opening up its proposed location to other investors due to the delay.

Portfolio Pulse from Shivani Kumaresan

November 01, 2023 | 6:29 pm

FRBK

The Federal Deposit Insurance Corp. (FDIC) has suspended the auction process for Republic First Bancorp Inc. after the bank struck a deal to raise money from investors. The FDIC had sought bids for Republic First last week. The bank, which delisted from the Nasdaq in August, announced it would raise $35 million from a group of investors including George E. Norcross III, Gregory B. Braca and Philip A. Norcross.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:18 pm

SPY

Traders of short-term U.S. interest rates have increased their bets that the Federal Reserve will start cutting rates by June 2024. This could potentially impact the performance of the SPY ETF, which tracks the S&P 500 index.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:04 pm

SPY

Traders of short-term U.S. interest-rate futures see the chance of a further Federal Reserve rate hike this year falling to less than 20%. This could impact the performance of the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:03 pm

CRM

Salesforce (NYSE:CRM) has seen unusual options activity, with a large position indicating a bullish stance. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The options trades include 6 puts totaling $251,340 and 4 calls totaling $4,450,325. The targeted price range for Salesforce over the last 3 months is from $160.0 to $230.0. Truist Securities and Piper Sandler have downgraded their actions to Buy and Neutral respectively, with price targets of $275 and $232.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 6:01 pm

MCD

A significant amount of unusual options activity has been observed for McDonald's (NYSE:MCD), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $220.0 to $265.0 for McDonald's over the last 3 months. The current price of MCD is $261.12, down 0.4%. Several financial institutions have given their ratings and price targets for McDonald's, with the highest being $325 by Stephens & Co.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 6:01 pm

KR

Over the past 20 years, Kroger (NYSE:KR) has outperformed the market by 1.24% on an annualized basis, producing an average annual return of 8.41%. If an investor had bought $100 of KR stock 20 years ago, it would be worth $501.54 today.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 6:00 pm