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Equity Actions

F

A significant bearish stance has been taken on Ford Motor (NYSE:F) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 46% bullish and 53% bearish. The whales have been targeting a price range from $4.35 to $19.35 for Ford Motor over the last 3 months. Analysts from Citigroup, Morgan Stanley, Barclays, Jefferies, and Wells Fargo have maintained their ratings on Ford, with price targets ranging from $11 to $17.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 3:05 pm

PANW

Unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with a bearish stance taken by a large investor. The overall sentiment of these big-money traders is split between 37% bullish and 62% bearish. The price of PANW is down -3.14% at $242.38. Analysts from BTIG, Morgan Stanley, RBC Capital, JP Morgan, and Mizuho have maintained their ratings on PANW, with price targets ranging from $230 to $307.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:50 pm

C

A significant amount of unusual options activity has been observed for Citigroup (NYSE:C), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $40.0 and $57.5. The current price of Citigroup's stock is $47.91, up 2.97%. Analysts from Jefferies, Morgan Stanley, RBC Capital, and Wells Fargo have given varied ratings and price targets for the stock.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:50 pm

NVDA

NVIDIA is reportedly in talks to become an anchor investor in the upcoming Arm IPO, which has led to an increase in NVIDIA's share price.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:46 pm

LPSN

Shares of LivePerson Inc (NASDAQ:LPSN) are trading higher by over 30% following the announcement of the departure of CEO Robert LoCascio, effective December 31, 2023. The company is currently searching for a new CEO. LoCascio will also resign from the board, and Jill Layfield, the Lead Independent Director of the Board, will be appointed as the Board Chair.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 2:44 pm

HLN

Haleon Inc.'s (NYSE:HLN) share price is currently at $8.18, after a 1.30% increase. Over the past month, the stock fell by 0.43%, but increased by 9.73% in the past year. The company's P/E ratio of 26.24 is lower than the Personal Products industry average of 37.21, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:31 pm

ORCL

Investor Business Daily SwingTrader has reportedly purchased Oracle Corporation's stock. This could potentially influence the stock's performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:25 pm

AULT

BANL

HCTI

KPLT

PRFX

RXRX

US stocks traded higher with the Nasdaq Composite surging over 1%. The annual inflation rate in the US eased to 3% in June, the lowest level since March 2021. Healthcare Triangle, Inc. (HCTI), Ault Alliance, Inc. (AULT), and Recursion Pharmaceuticals, Inc. (RXRX) saw their shares rise significantly. Conversely, CBL International Limited (BANL), PainReform Ltd. (PRFX), and Katapult Holdings, Inc. (KPLT) experienced a drop in their share prices.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 2:03 pm

AZTA

Rumors are circulating that Azenta (AZTA) is attracting the attention of an activist investor. This has led to increased watchfulness of Azenta's shares.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:52 pm

ZS

Investors Business Daily has reportedly sold its stock in Zscaler, a cloud-based information security company.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:51 pm