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MDT

Medtronic shares are trading lower following the establishment of a Digital Health Advisory Committee by the FDA. The impact of this committee on Medtronic's operations is yet to be determined.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 6:06 pm

SPY

The Federal Open Market Committee (FOMC) minutes indicate that officials are concerned that the autoworkers' strike could increase inflation and suppress economic activity, posing a new risk to the economic outlook. They believe it is 'critical' to maintain a sufficiently restrictive policy to achieve the inflation target.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 6:02 pm

ABT

Abbott's shares are trading lower possibly due to the establishment of a Digital Health Advisory Committee by the FDA.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 6:02 pm

HES

A significant bullish stance has been taken on Hess (NYSE:HES) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 60% bullish and 40% bearish. The whales have been targeting a price range from $135.0 to $190.0 for Hess over the last 3 months. Analysts from UBS, Morgan Stanley, Piper Sandler, and Mizuho have maintained their positive ratings on Hess with price targets ranging from $166 to $210.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 6:01 pm

CRWD

A large bearish position on CrowdStrike Holdings (NASDAQ:CRWD) has been noticed, with 71% of big-money traders being bearish. The whales have been targeting a price range from $140.0 to $250.0 for CrowdStrike Holdings over the last 3 months. The price of CRWD is up 1.3% at $186.24. Wedbush, Scotiabank, Goldman Sachs, Jefferies, and Macquarie have maintained their ratings on CrowdStrike Holdings.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 6:01 pm

BAC

Bank of America (BAC) has seen unusual options activity, with 14 strange trades detected. Half of the investors opened trades with bullish expectations and half with bearish. Whales have been targeting a price range from $24.0 to $35.0 for BAC over the last 3 months. The price of BAC is down -0.28% at $26.93. Analysts from Oppenheimer, Morgan Stanley, Piper Sandler, and RBC Capital have maintained or adjusted their ratings and price targets for BAC.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 6:01 pm

SPY

The Federal Open Market Committee (FOMC) minutes reveal that the latest meeting took place before the recent surge in bond yields. The majority of officials viewed the economic path as uncertain, with risks stemming from rising energy prices, banking strains, and a slowdown in China.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 6:01 pm

IRTC

iRhythm Technologies (NASDAQ:IRTC) has received 6 bullish and 3 somewhat bullish ratings in the last quarter. The company has an average price target of $133.0, a decrease of 10.14% from the previous average price target of $148.00.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 6:00 pm

SCI

Service Corp Intl (NYSE:SCI) has received four somewhat bullish analyst ratings in the last quarter, with no bearish or indifferent ratings. The average 12-month price target for the stock is $72.5, representing a 7.64% decrease from the previous average price target of $78.50.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 6:00 pm

KO

In the last quarter, Coca-Cola (NYSE:KO) received 1 bullish and 6 somewhat bullish ratings from analysts. The company has an average 12-month price target of $69.43, a decrease of 1.22% from the previous average price target of $70.29.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 6:00 pm