Streetbeat News

Equity Actions

CMG

A significant number of investors have taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG), with 69% of detected trades showing bearish expectations. The price target range for the company over the last three months has been $1700.0 to $3000.0. Several financial institutions have maintained or downgraded their ratings on the company, with price targets ranging from $2070 to $2375. The company's stock price is currently up 0.35% at $2042.47.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 7:15 pm

VRNOF

Equity research firm Zuanic & Associates has initiated coverage of cannabis company Verano Holdings Corp. (OTC:VRNOF) with an Overweight rating. The firm believes Verano's stock is undervalued given its strong financial metrics, including profitability, cash flow, and balance sheet strength. Verano operates in 13 states with a total addressable market of $13.5 billion, projected to grow to $17.7 billion by 2025. The company also has the highest free cash flow among the 20 Multi-State Operators (MSOs) reviewed.

Portfolio Pulse from Nicolás Jose Rodriguez

November 03, 2023 | 6:34 pm

F

A significant investor has taken a bullish stance on Ford Motor (NYSE:F), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whales have been targeting a price range from $8.0 to $13.0 for Ford Motor over the last 3 months. The price of Ford Motor is up 4.19% at $10.56. Barclays upgraded its action to Overweight with a price target of $14, while Morgan Stanley maintained their Overweight rating with a price target of $15.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 6:15 pm

DIA

IWM

QQQ

SPY

Major indexes are showing positive performance following the release of October jobs data. Investors are also considering the implications of the Federal Reserve's recent rate decision and earnings reports from major US companies.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 6:12 pm

DGII

Conestoga Capital Advisors LLC has reported a 10.5% stake in Digi International, according to a 13G filing with the SEC. The stake was reported as of November 03, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 5:57 pm

ZS

Investor Business Daily SwingTrader has reportedly purchased stock in Zscaler (ZS).

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 5:51 pm

AMC

DIS

GOOGL

META

PARA

RBLX

SIRI

SNAP

TTD

The article reports on significant options activity in the Communication Services sector. The stocks mentioned include Sirius XM Holdings Inc. (SIRI), Alphabet Inc. (GOOGL), Meta Platforms Inc. (META), WBD, Roblox Corporation (RBLX), Snap Inc. (SNAP), The Walt Disney Company (DIS), AMC Entertainment Holdings Inc. (AMC), The Trade Desk Inc. (TTD), and Para Resources Inc. (PARA). The options activity ranges from bullish to bearish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 5:35 pm

TMO

Thermo Fisher Scientific Inc. has indicated in an SEC filing that it expects to identify additional restructuring actions in future periods.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 5:21 pm

OSTK

Hedge fund JAT Capital Management LP is pushing for the ouster of Overstock.com's CEO, according to a filing.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 5:12 pm

LLY

A significant bearish stance has been taken on Eli Lilly (LLY) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 30% bullish and 69% bearish. The whales have been targeting a price range from $300 to $860 for Eli Lilly over the last 3 months. The current price of LLY is down -0.87% at $575.26. Several financial institutions have maintained their positive ratings on Eli Lilly, with price targets ranging from $650 to $722.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:30 pm