Streetbeat News

Earnings

DHI

Smart money investors have shown a significant interest in D.R. Horton (NYSE:DHI) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 9 unusual trades, indicating a split sentiment with 44% bullish and 55% bearish. The trades focus on a price target range between $135.0 and $170.0. D.R. Horton, a leading US homebuilder, has seen its stock price slightly decrease by -0.3%, with an upcoming earnings report. Analyst opinions vary, with target prices ranging from $130 to $191.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 8:01 pm

VLTO

Analyst ratings for Veralto (NYSE:VLTO) show varied sentiments, with recent adjustments reflecting a bullish outlook. The average 12-month price target is $95.43, marking an 11.61% increase from the previous target. Analyst actions include ratings upgrades and new price targets, indicating positive expectations for Veralto's performance. The company's financials demonstrate strong market position, revenue growth, and efficient cost management, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 8:01 pm

UNH

UnitedHealth Group (NYSE:UNH) reported better-than-expected Q1 revenue and earnings, despite a cyberattack on its subsidiary Change Healthcare. Adjusted EPS was $6.91, beating the consensus of $6.62, with revenues increasing to $99.8 billion. Analysts from Piper Sandler, Truist, and Goldman Sachs have raised their price targets and maintained positive ratings, citing controlled growth strategy, strong core trends, and financial flexibility.

Portfolio Pulse from Vandana Singh

April 17, 2024 | 7:54 pm

BNO

JBHT

KNX

SMH

UAL

USO

Semiconductor and freight stocks declined, while oil prices fell due to an inventory build. Conversely, airline stocks rose, buoyed by strong earnings reported by United Airlines.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:50 pm

NEE

NextEra Energy (NYSE:NEE) has seen significant options trading activity, with a bullish sentiment among high-rolling investors, as reported by Benzinga. The options data reveals a preference for calls over puts, indicating a target price range between $57.5 and $70.0. The company's stock is currently up by 1.15% at $62.41, with an anticipated earnings release in 6 days. Analysts have provided mixed reviews, with an average target price of $73.0, but varying ratings from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 7:46 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has seen a bearish trend in options trading, with a significant portion of investors betting against the stock. The trading activity suggests a price target range of $105 to $160. The company, a specialty retailer, is currently trading up by 1.55% at $117.69, with an anticipated earnings release in 35 days. An analyst from Argus Research maintains a Buy rating with a target price of $130.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 7:46 pm

EGP

FR

PLD

REXR

TRNO

Shares of industrial REITs are trading lower following Prologis's announcement of a reduced 2024 FFO (Funds From Operations) outlook. This has negatively impacted the stock prices of companies in the sector.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:44 pm

JNJ

Johnson & Johnson (NYSE:JNJ) reported Q1 adjusted EPS of $2.71, up 12.4% YOY, beating consensus of $2.64, with sales of $21.38 billion, up 2.3% YOY. Cantor Fitzgerald remains positive, maintaining an Overweight rating with a price target of $215, citing underappreciated potential in products like Taris and Carvykti. Goldman Sachs highlighted variances in pharmaceutical performance, with Stelara and Xarelto underperforming, but noted strong growth in the Multiple myeloma franchise with Darzalex. JNJ shares slightly down at $144.26.

Portfolio Pulse from Vandana Singh

April 17, 2024 | 7:37 pm

IP

Recent analyst evaluations of International Paper (NYSE:IP) show a mix of bullish and indifferent sentiments, with an average 12-month price target of $40.67, reflecting a slight increase from the previous target. The company, a major player in the packaging and cellulose fibers market, has seen a -10.36% decline in revenue growth and faces challenges in profitability and asset utilization. Despite these challenges, its debt management is viewed positively.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 7:01 pm

EFSH

1847 shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:00 pm