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HD

A significant bearish stance has been taken on Home Depot (NYSE:HD) by a whale investor. Out of the 10 unusual trades detected, 90% were bearish and 10% bullish. The total amount for puts was $141,980 and for calls was $496,088. The targeted price range for Home Depot over the last 3 months has been $180.0 to $315.0. The current price of HD is up 0.27% at $300.02. HSBC has downgraded its action to Hold with a price target of $365, while Telsey Advisory Group and Truist Securities maintain their Market Perform and Buy ratings respectively.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 7:18 pm

RGLD

BMO Capital Markets analyst Jackie Przybylowski has reiterated the Market Perform rating on Royal Gold, Inc (NASDAQ:RGLD), raising the price target to $139 from $137. The company's Q3 2023 Stream Segment Sales beat the analyst's estimates in terms of gold, copper, and overall gold equivalent stream ounces sold. The analyst views ongoing debt repayment and exposure to resource growth as key catalysts for the company.

Portfolio Pulse from Nabaparna Bhattacharya

October 11, 2023 | 7:14 pm

AAPL

Piper Sandler analyst Harish V. Kumar maintains an Overweight rating on Apple Inc (AAPL) with a price target of $220. According to Piper Sandler's Taking Stock with Teens Fall 2023 survey, Apple's share of smartphone ownership remains near record highs. The survey also shows strong results for Apple's other hardware metrics, with 34% of teens owning an Apple Watch and 72% owning AirPods. Kumar projects Q4 revenue of $88.89 billion and FY23 revenue of $382.67 billion.

Portfolio Pulse from Anusuya Lahiri

October 11, 2023 | 7:12 pm

ATO

Mizuho analyst Gabriel Moreen has reiterated a Buy rating on Atmos Energy Corporation (NYSE:ATO), but lowered the price target to $131 from $137 due to industry headwinds. The EPS estimate for FY24 is $6.42/share, implying a 6.1% growth, which is at the lower end of ATO's 6%-8% growth target. This is primarily due to sustained exogenous headwinds, particularly O&M inflation. ATO shares are trading higher by 0.70% to $111.58.

Portfolio Pulse from Nabaparna Bhattacharya

October 11, 2023 | 7:12 pm

ABT

MDT

Shares of Medtronic plc. (NYSE:MDT) and Abbott Laboratories (NYSE:ABT) are trading lower after the U.S. Food and Drug Administration (FDA) established a Digital Health Advisory Committee. The committee will explore issues related to digital health technologies and will be fully operational in 2024. At the time of publication, shares of MDT were down 4.86% at $72.48 while shares of ABT were down 5.13% at $92.55.

Portfolio Pulse from Ryan Gustafson

October 11, 2023 | 7:08 pm

NFLX

Piper Sandler analyst Matt Farrell maintained a Neutral rating on Netflix Inc (NASDAQ:NFLX) and lowered the price target from $440 to $400 ahead of Q3 earnings. Farrell cited concerns over margins and leadership changes, particularly the departure of the advertising business leader. He also noted potential price increases on ad-free plans and the continuation of the paid-sharing roll-out. Morgan Stanley analyst Benjamin Swinburne also maintained an Equal-Weight rating on Netflix and lowered the price target from $450 to $430.

Portfolio Pulse from Anusuya Lahiri

October 11, 2023 | 7:07 pm

BCO

NCR

NCR Corporation's shares are trading higher following reports of a potential merger of its ATM business with Brink's Co., despite Brink's denying the speculation. NCR's CEO, Michael D. Hayford, is also retiring following the successful separation of NCR into NCR Atleos and NCR Voyix. The stock experienced above-average trading volume.

Portfolio Pulse from Ryan Gustafson

October 11, 2023 | 7:02 pm

GS

A significant bullish stance has been taken on Goldman Sachs Gr (NYSE:GS) as indicated by unusual options activity. The sentiment among big-money traders is split between 54% bullish and 45% bearish. Whales have been targeting a price range from $290.0 to $425.0 for Goldman Sachs Gr over the last 3 months. The price of GS is up 0.55% at $316.5. Analysts from Oppenheimer, Citigroup, Morgan Stanley, and JMP Securities have maintained their ratings on Goldman Sachs Gr with price targets ranging from $329 to $450.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 7:01 pm

BCDA

Over the past 3 months, 4 analysts have published their opinion on BioCardia (NASDAQ:BCDA) stock, all of them being bullish. The average price target is $6.5, implying significant upside from the current price of $0.3976. However, this average has decreased by 27.78% from the previous average price target of $9.00.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 7:00 pm

EXEL

14 analysts have provided ratings for Exelixis (NASDAQ:EXEL) in the last quarter, with an average price target of $25.64, indicating an upside from the current price of $21.57. The average price target has increased by 7.6% over the past month.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 7:00 pm