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CMG

Options trading activity for Chipotle Mexican Grill (NYSE:CMG) indicates a bearish sentiment among traders, with 68% of the unusual trades being bearish. The trades include 10 puts and 56 calls, with a focus on a price range between $900 and $3100. The largest trades observed were mostly calls with bearish sentiment, except for one bullish put trade. Chipotle is a leading fast-casual restaurant chain with $8.6 billion in sales in 2022. CMG's stock price is slightly up, with RSI indicators suggesting it may be approaching overbought territory. Analysts from Raymond James and RBC Capital maintain an Outperform rating with target prices of $2450 and $2425, respectively.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 6:16 pm

GBTG

Citigroup analyst Peter Christiansen has upgraded Global Business Travel (GBTG) from Neutral to Buy and increased the price target from $7.5 to $8. The upgrade suggests a positive outlook on GBTG's stock performance.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:14 pm

SPY

UNG

USO

The latest US Baker Hughes Rig Count shows a slight decrease to 623 from 626 in the previous count. The number of rotary oil rigs has also decreased to 501 from 503, while the number of gas rigs remained unchanged at 119.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:09 pm

SPY

Federal Reserve Bank of Atlanta President Raphael Bostic commented that the risks in the economy are now 'fairly balanced'. He also mentioned that he would not 'make too much' of the market actions since the Fed's policy meeting earlier this week. His statement suggests a neutral stance on the immediate economic outlook and a cautious approach to interpreting market reactions to Fed policy decisions.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:08 pm

BA

Boeing's stock (BA) is trading higher following UBS's decision to maintain a Buy rating and increase the price target from $275 to $315. This endorsement from UBS suggests confidence in Boeing's future performance and may influence investor sentiment positively.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:07 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB), a decentralized meme token, has been experiencing a bullish trend with a 14% increase over the past month. Currently ranked 16th by market cap, SHIB's price is at $0.00000971. Changelly predicts a short-term increase to $0.00001072 by Dec. 16, 2023, and substantial long-term growth, with a potential peak at $0.0001609839 by 2030. Despite the optimism, investors are reminded of the crypto market's volatility and the need for thorough research.

Portfolio Pulse from Murtuza Merchant

December 15, 2023 | 6:05 pm

CRWD

BMO Capital analyst Keith Bachman has maintained an Outperform rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $238 to $270.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:04 pm

TSLA

Guggenheim analyst Ronald Jewsikow has maintained a Sell rating on Tesla (NASDAQ:TSLA) but increased the price target from $125 to $132.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:03 pm

C

GBCI

SHW

On CNBC's Halftime Report, experts shared their final trades, highlighting Glacier Bancorp, Citigroup, and The Sherwin-Williams Co as stocks to watch. These recommendations provide insights into potential stock movements based on the analysts' perspectives.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:01 pm

MOR

MorphoSys (NASDAQ:MOR) has received 5 analyst ratings in the last quarter, with 4 being somewhat bullish and 1 indifferent. The average price target is $11.29, representing an implied upside from the current price of $9.35. This target has increased by 37.01% from the previous target of $8.24. Analysts rate stocks typically once a quarter and provide insights on financial performance and forecasts.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 6:00 pm