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CSCO

A significant bearish stance has been taken on Cisco Systems (NASDAQ:CSCO) by a large investor, as observed in the options history. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $45.0 to $65.0 for Cisco Systems over the last 3 months. The current price of CSCO is $56.51, down by 0.28%. Various financial institutions have maintained their ratings on Cisco Systems with price targets ranging from $56 to $63.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 4:16 pm

AVGO

A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $260.0 to $1220.0 for Broadcom over the last 3 months. The current price of AVGO is down -0.93% at $849.57. Several experts have maintained their Buy or Outperform ratings on Broadcom, with price targets ranging from $950 to $1000.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 4:15 pm

LMT

Lockheed Martin Corp (NYSE:LMT) could face a delay in receiving over $800 million in payments until June as it awaits approval for software crucial to its advanced F-35 fighter jet. The Pentagon has decided to withhold $7 million per aircraft until the new software receives validation. The software upgrade is necessary to fully utilize new cockpit hardware, enabling the jet to carry more precise weapons and gather enhanced information on enemy aircraft and air defenses. Lockheed Martin is continuing production of F-35s while working on finalizing the software and hardware integration.

Portfolio Pulse from Anusuya Lahiri

September 11, 2023 | 4:12 pm

ETHUSD

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Analytics firm IntoTheBlock predicts a potential $3 billion sell-off in the cryptocurrency market, linked to FTX's upcoming offloading of vast crypto holdings. This comes amidst traditional finance institutions introducing crypto-based products, such as Grayscale's Bitcoin Trust and ARK Invest's filing to introduce the first spot Ethereum ETF. However, these announcements have not significantly impacted Ethereum's price. The report also notes that Ethereum's price is being held within a tight range due to a substantial concentration of holdings close to its current value.

Portfolio Pulse from Murtuza Merchant

September 11, 2023 | 4:10 pm

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VIRC

U.S. stocks traded higher with the Nasdaq Composite gaining around 80 points. Virco Mfg. Corporation's shares jumped around 12% after reporting better-than-expected Q2 earnings. NovaBay Pharmaceuticals, Crinetics Pharmaceuticals, and Avantax shares also surged. SigmaTron International, Tenon Medical, and Granite Ridge Resources shares dropped.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 4:03 pm

IHS

In the last quarter, IHS Holding (NYSE:IHS) received 5 somewhat bullish ratings from analysts. The company has an average 12-month price target of $17.2, a decrease of 25.22% from the previous average price target of $23.00.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 4:01 pm

CRWD

Unusual options activity has been observed for CrowdStrike Holdings (NASDAQ:CRWD), with a large position appearing on publicly available options history. The sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $130.0 to $200.0 for CrowdStrike Holdings over the last 3 months. The price of CRWD is up 1.98% at $171.42. Several experts have given their ratings and price targets for the company.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 4:01 pm

SUI

In the last quarter, Sun Communities (NYSE:SUI) received 5 analyst ratings, with 1 being bullish and 4 somewhat bullish. The company has an average 12-month price target of $151.2, a decrease of 2.45% from the previous average price target of $155.00.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 4:01 pm

PANW

A significant number of investors have taken a bearish stance on Palo Alto Networks (NASDAQ:PANW), with 81% of detected trades indicating bearish expectations. The price target for the company, based on volume and open interest, ranges from $190.0 to $270.0. The current price of PANW is $251.14, up 0.97%, but RSI indicators suggest the stock may be overbought. Analysts from Raymond James, UBS, Evercore ISI Group, BTIG, and Stifel have maintained their ratings on the company, with price targets ranging from $250 to $280.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 4:00 pm

PTON

Over the past 3 months, 14 analysts have published their opinion on Peloton Interactive (NASDAQ:PTON) stock. The average price target is $9.21, implying an upside from the current price of $5.49. This represents a 33.02% decrease from the previous average price target of $13.75.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 4:00 pm