Streetbeat News

Equity Actions

CVX

SLB

Stephanie Link announced live on CNBC that she has purchased more shares of Chevron (CVX) and Schlumberger (SLB).

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:18 pm

GS

A significant bullish stance has been taken on Goldman Sachs Gr (NYSE:GS) as indicated by unusual options activity. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The big players have been eyeing a price window from $315.0 to $370.0 for Goldman Sachs Gr during the past quarter. JMP Securities downgraded its rating to Market Outperform, setting a price target of $440. Oppenheimer continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $447.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:16 pm

FTNT

META

Stephanie Link announced on CNBC that she has purchased more shares of Fortinet and Meta Platforms.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:04 pm

TRP

TC Energy Corp (NYSE:TRP) reported Q3 2023 earnings of 74 cents per share, beating the consensus of 71 cents, and sales of $2.94 billion, exceeding the estimate of $2.75 billion. The company's comparable EBITDA rose 7% Y/Y to C$2.6 billion. The company also announced the appointment of John E. Lowe as board chairperson effective Jan. 1, 2024, and the completion of the sale of 40% of non-controlling equity interest in the Columbia Gas and Columbia Gulf systems for cash proceeds of C$5.3 billion ($3.9 billion).

Portfolio Pulse from Lekha Gupta

November 08, 2023 | 4:58 pm

C

Citigroup (NYSE:C) has seen unusual options activity, with 54% of traders showing bullish tendencies and 45% bearish. The big players have been eyeing a price window from $30.0 to $55.0 for Citigroup during the past quarter. The price of C is currently down -0.33% at $41.82. Analysts from BMO Capital, Piper Sandler, and Oppenheimer maintain Outperform and Neutral ratings on Citigroup with target prices of $66, $45, and $82 respectively.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:46 pm

JD

A significant bullish stance has been taken on JD.com (NASDAQ:JD) by a large investor, as indicated by a large position appearing in publicly available options history. The overall sentiment of these big-money traders is split between 63% bullish and 36% bearish. The major market movers are focusing on a price band between $25.0 and $40.0 for JD.com. Barclays, UBS, and Goldman Sachs maintain a positive rating on JD.com, while Bernstein and Morgan Stanley have revised their ratings downward.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:46 pm

CVX

A financial giant has made a bearish move on Chevron (NYSE:CVX), with 75% of traders showing bearish tendencies. The big players have been eyeing a price window from $105.0 to $165.0 for Chevron during the past quarter. The price of CVX is down -0.97% at $143.01. Several financial institutions have given their ratings and price targets for Chevron, with the highest being $201 by Morgan Stanley.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:31 pm

NUE

Nucor Inc.'s (NYSE:NUE) share price is currently at $152.58, after a 0.75% increase. Despite a 1.47% fall over the past month, the stock has risen by 9.75% over the past year. The company's P/E ratio of 7.66 is lower than the Metals & Mining industry average of 14.7, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:15 pm

K

KLG

Kellanova (formerly Kellogg Company) reported Q3 2023 results with net sales of $3.94 billion, beating the analyst consensus estimate of $3.62 billion. The company completed the separation of its North America cereal business, resulting in two independent companies, Kellanova and WK Kellogg Co. Kellanova provided guidance for Q4 2023, expecting revenue of $3.10 billion and adjusted EPS of $0.73 - $0.76. Kellanova's shares are trading higher by 1.73% at $51.78.

Portfolio Pulse from Shivani Kumaresan

November 08, 2023 | 4:14 pm

NCLH

Norwegian Cruise Line (NCLH) has revealed that prior to the Israel conflict, about 7% of its capacity in Q4 of 2023 and 4% of its capacity for FY24 were allocated to visit the Middle East.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:08 pm