Streetbeat News

Stock Prices

MRO

Marathon Oil Corp (MRO) shares are trading higher by 7.24% due to the Israel-Hamas conflict which is causing oil supply uncertainty. The conflict has resulted in casualties and a halt in the transport of supplies, including fuel. Marathon Oil, being an energy company, is sensitive to changes in oil prices. The conflict could potentially disrupt oil transportation routes, impacting the global oil supply chain and driving up oil prices, which could benefit Marathon Oil.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 7:11 pm

JNJ

A significant amount of unusual options activity has been observed for Johnson & Johnson (NYSE:JNJ), with a majority of investors taking a bearish stance. Of the 16 strange trades detected, 62% were bearish and 37% bullish. The total amount for puts was $448,053 and for calls, $315,293. Whales have been targeting a price range from $135.0 to $175.0 for Johnson & Johnson over the last 3 months. The current price of JNJ is up 0.58% at $158.55. Cantor Fitzgerald and RBC Capital have downgraded their actions with price targets of $215 and $178 respectively.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:01 pm

TGT

A whale investor has taken a bullish stance on Target (NYSE:TGT), with 64% of investors opening trades with bullish expectations and 35% with bearish. The mean open interest for Target options trades today is 1135.46 with a total volume of 2,446.00. The price of TGT is up 0.4% at $105.44. Stifel, B of A Securities, and Truist Securities have maintained their Hold rating on Target, while HSBC downgraded its action to Hold.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:01 pm

MMM

In the last quarter, 3M (NYSE:MMM) received 8 analyst ratings, with 5 being indifferent and 3 somewhat bearish. The average price target for 3M is $106.25, which is higher than its current price of $88.8595, implying an upside. The average price target has increased by 4.86% over the past month.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:00 pm

HALO

Halozyme Therapeutics (NASDAQ:HALO) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $58.14, indicating a potential upside from the current price of $37.13. The average price target has increased by 6.35% from the previous average of $54.67.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:00 pm

VFC

V.F. Corporation (NYSE:VFC) shares are trading lower, down 17.31% over the past month despite a short boost at the end of September. The stock's downtrend may have been in sympathy with Nike's gains after reporting Q1 financial results. The stock also has elevated levels of short interest, with 6.78% of shares currently sold short.

Portfolio Pulse from Ryan Gustafson

October 09, 2023 | 7:00 pm

SCHW

In the last quarter, Charles Schwab (NYSE:SCHW) received mostly bullish and somewhat bullish ratings from analysts. The company has an average 12-month price target of $73.2, which has increased by 5.64% over the past month.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:00 pm

DOGEUSD

Dogecoin's price has fallen 3.83% to $0.06 in the past 24 hours, continuing its negative trend over the past week with a 5.0% loss. The trading volume for the coin has fallen 17.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.19%. The current market cap ranking for DOGE is #10 at $8.32 billion.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:00 pm

MGY

Analysts have provided ratings for Magnolia Oil & Gas (NYSE:MGY) within the last quarter, with 2 bullish and 2 indifferent ratings. The average price target is $26.75, implying an upside from the current price of $22.76. The average price target has increased by 1.9% over the past month.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:00 pm

LINKUSD

Chainlink's (CRYPTO: LINK) price has fallen 5.15% to $7.3 over the past 24 hours, continuing its negative trend over the past week with a 3.0% loss. The trading volume for the coin has fallen 16.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.49%. The current market cap ranking for LINK is #19 at $4.07 billion.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 7:00 pm