Streetbeat News

Assets

GM

A significant amount of unusual options activity has been detected for General Motors (NYSE:GM), with a majority of investors taking a bullish stance. The trades range from $33.0 to $50.0. The price of GM is currently down -0.35% at $39.09. Analysts from Jefferies, Morgan Stanley, Citigroup, Barclays, and Wells Fargo have maintained their ratings on GM, with price targets ranging from $32 to $89.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 4:01 pm

UNH

A significant bearish stance has been taken on UnitedHealth Group (NYSE:UNH) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. Over the last 3 months, the targeted price range for UnitedHealth Group has been between $230.0 and $550.0. The company's stock price is currently up 0.72% at $507.35. Several financial institutions have maintained their ratings on UnitedHealth Group, with price targets ranging from $520 to $580.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 4:01 pm

SPGI

S&P Global Inc.'s shares have risen by 22.22% over the past three months. The company's total debt stands at $11.66 billion, with $10.73 billion in long-term debt and $936.00 million in current debt. After adjusting for $1.40 billion in cash-equivalents, the net debt is $10.26 billion. The company's debt-ratio is 0.19, indicating a moderate level of financial leverage.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:45 pm

PSQH

SSSS

SuRo Capital Corp. is observed to hold a large stake in PSQ Holdings, which is causing the shares of both companies to move higher.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 3:37 pm

UNP

A significant bullish stance has been taken on Union Pacific (NYSE:UNP) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 90% bullish and 10% bearish. The whales have been targeting a price range from $150.0 to $230.0 for Union Pacific over the last 3 months. The price of UNP is up 1.19% at $216.8. Analysts from Morgan Stanley, Benchmark, RBC Capital, B of A Securities, and Citigroup have maintained their ratings on Union Pacific with varying price targets.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:30 pm

KEY

KeyCorp (NYSE:KEY) reported Q2 revenues of $1.595 billion, down 11% YoY, missing estimates of $1.63 billion. EPS of $0.27 also missed the Street view of $0.31. Provision for credit losses jumped 271% to $167 million due to changes in the economic outlook and portfolio activity. Average deposits totaled $142.9 billion, a decrease of 3.1% YoY due to elevated inflation-related spending, changing client behavior due to higher interest rates, and normalization of pandemic-related deposits.

Portfolio Pulse from Nabaparna Bhattacharya

July 20, 2023 | 3:11 pm

UAL

United Airlines executive has stated that the company is comfortable with its current level of liquidity, despite the uncertain macro-economic backdrop.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 3:08 pm

IBM

A significant bearish stance on IBM (NYSE:IBM) has been observed in recent unusual options activity. The sentiment among big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $120.0 to $145.0 for IBM over the last 3 months. The price of IBM is currently up 2.89% at $139.39. Several financial institutions have downgraded their ratings on IBM, with price targets ranging from $135 to $162.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:01 pm

LDOUSD

Cryptocurrency Lido DAO (CRYPTO: LDO) has seen a price increase of 3.94% in the past 24 hours, continuing its positive trend over the past week with a 13.0% gain. The trading volume for the coin has increased 232.0% over the past week, while the overall circulating supply has decreased 0.11%. The current market cap ranking for LDO is #32 at $1.84 billion.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:01 pm

FILUSD

Filecoin's (CRYPTO: FIL) price has increased by 4.51% over the past 24 hours to $4.46. Over the past week, FIL has seen an uptick of over 4.0%, moving from $4.25 to its current price. The trading volume for the coin has increased by 40.0% over the past week while the overall circulating supply of the coin has increased by 0.41% to over 437.25 million.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:00 pm