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Stock Prices

NKE

Nike Inc (NYSE:NKE) reported Q3 results that exceeded expectations but announced a low single-digit revenue decline for the first half of fiscal 2025, leading to a bearish outlook. The stock has been underperforming, down 26% over the past year and 14.3% year-to-date. Technical indicators such as MACD, RSI, and Bollinger Bands signal a strong downward trend and selling pressure. Despite surpassing Q3 expectations, the revised revenue projections have negatively impacted investor sentiment.

Portfolio Pulse from Surbhi Jain

March 22, 2024 | 3:48 pm

C

Analysis of Citigroup's (NYSE:C) options trading reveals a bearish sentiment among financial giants, with 56% showing bearish tendencies and a focus on a price band between $30.0 and $85.0. The trading volume and open interest indicate liquidity and investor interest in this range. Citigroup's current stock price is $61.05, down by -0.46%, with an RSI indicating it may be overbought. Analyst ratings suggest a consensus target price of $74.67, with Goldman Sachs and Oppenheimer showing optimism.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:45 pm

DAL

Deep-pocketed investors have shown a bearish sentiment towards Delta Air Lines (NYSE:DAL), with a significant move in options trading detected by Benzinga. The trading activity suggests a target price range of $35.0 to $60.0 for DAL over the next 3 months. The majority of the activity is bearish, with a notable volume in call options being interpreted as bearish due to the nature of the trades. Delta Air Lines's stock is slightly down by -0.07%, with an analyst from UBS issuing a Buy rating and a price target of $59.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:45 pm

LPLA

LPL Financial's shares are trading lower following the release of their monthly activity report for February 2024.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:45 pm

BBY

JP Morgan analyst Christopher Horvers upgraded Best Buy Co (NYSE:BBY) from Neutral to Overweight and increased the price target from $89 to $101.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:41 pm

SCCO

Goldman Sachs analyst Thiago Ojea has maintained a Sell rating on Southern Copper (NYSE:SCCO) but raised the price target from $61 to $82.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:41 pm

AAPL

AI

AMD

DWAC

LULU

NKE

NVDA

RDDT

TSLA

TSM

The top 10 trending stocks on WallStreetBets as of March 22, 2024, include DWAC, NVDA, TSLA, AAPL, RDDT, NKE, LULU, AMD, TSM, and AI, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:41 pm

PSX

Goldman Sachs analyst Neil Mehta maintains a Buy rating on Phillips 66 (NYSE:PSX) and raises the price target from $152 to $174.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:39 pm

DERM

Journey Medical's shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:39 pm

MPC

Goldman Sachs analyst Neil Mehta maintains a Buy rating on Marathon Petroleum (NYSE:MPC) and raises the price target from $175 to $211.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:36 pm