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Equity Actions

LNC

Lincoln National (NYSE:LNC) has received mixed analyst ratings over the past three months, with a consensus leaning towards a neutral stance. The average 12-month price target for LNC has been raised to $30.62, indicating a 6.99% increase from the previous target. Analysts from firms including Piper Sandler, Wells Fargo, Evercore ISI Group, Keefe, Bruyette & Woods, JP Morgan, and Jefferies have adjusted their price targets and ratings, reflecting various market conditions and company performance. Lincoln National's financials show a positive revenue trend with a growth rate of 7.75% as of March 31, 2024, a high net margin of 28.87%, and an exceptional ROE of 19.06%, despite a debt-to-equity ratio of 0.95 indicating higher debt levels.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 3:00 pm

SNY

Bank of America and BNP Paribas are set to secure lead roles in the upcoming $20 billion spin-off of Sanofi's business, according to Bloomberg. This move could significantly impact the financial market, particularly for those involved.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 2:56 pm

AAL

An option alert for American Airlines Group (AAL) indicated a significant trading activity with a sweep of 5000 calls at $14.5, priced at $0.061 each, against an open interest of 4217. This activity occurred when the reference stock price was at $14.055.

Portfolio Pulse from Charles Gross

May 06, 2024 | 2:33 pm

NEE

NextEra Energy (NYSE:NEE) has seen a mix of bullish and bearish options trading, with a recent trend showing a bearish stance by significant investors. Analysis of 11 trades reveals a nearly even split between bullish (45%) and bearish (54%) sentiment. The trading activity suggests a price range target of $27.5 to $75.0 for the next three months. Significant trades include both puts and calls, with a notable volume and open interest in options within the $27.5 to $75.0 strike price range. NextEra Energy's current market position shows a trading volume of 1,440,431 and a slight price increase of 0.77%, with a current price of $70.68. Analysts have varying opinions on NEE, with target prices ranging from $67 to $79.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:31 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for May 6th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential price targets for bullish and bearish scenarios for each asset and highlights the importance of monitoring market dynamics, including upcoming Treasury auctions, the Quarterly Loan Officer Survey, and remarks from Federal Reserve members, for trading opportunities.

Portfolio Pulse from RIPS

May 06, 2024 | 2:22 pm

HTZ

Hertz Global Holdings saw significant options trading activity with a sweep of 839 calls for September 20 at a strike price of $6, priced near the ask at $0.65, compared to an open interest of 414. This activity occurred with Hertz's stock reference price at $5.0.

Portfolio Pulse from Charles Gross

May 06, 2024 | 2:18 pm

AFG

Analyst evaluations for American Financial Group (NYSE:AFG) show mixed sentiments with a recent average price target of $134.5, reflecting a 1.64% increase from the previous target. The company faces revenue challenges and below-average net margin but excels in ROE. Analysts from Piper Sandler and Citigroup have updated their ratings and price targets, indicating a nuanced view of AFG's market position and financial health.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:01 pm

D

Recent analysis of Dominion Energy (NYSE:D) by 13 analysts shows a mixed sentiment, with ratings ranging from bullish to bearish. The average 12-month price target is $49.85, up from $48.58, indicating a positive outlook. Analysts' actions include both upgrades and downgrades, reflecting diverse perspectives on the company's performance and market conditions. Dominion Energy's financial indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management are also discussed, providing a comprehensive view of its market position.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:01 pm

ATMU

Analyst ratings for Atmus Filtration Techs (NYSE:ATMU) show a predominantly bullish outlook, with recent adjustments indicating an average 12-month price target of $34.86, an 11.84% increase from the previous target. The company's financials reveal a positive revenue trend with a growth rate of 3.76%, a high net margin of 8.71%, and an exceptional ROE of 60.47%, despite a high debt-to-equity ratio of 7.76.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:00 pm

T

AT&T's (NYSE:T) short interest has increased by 18.55%, with 105.15 million shares sold short, representing 1.47% of its float. It would take about 3.31 days to cover all short positions. This rise in short interest can indicate a bearish market sentiment towards AT&T, although it has less short interest compared to its peers' average of 4.13%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:00 pm