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UNH

A significant investor has taken a bearish stance on UnitedHealth Group (NYSE:UNH), with 90% of recent trades being bearish. The price target for the company over the last three months has been between $430.0 and $540.0. The current price of UNH is down -0.87% at $505.83. Cantor Fitzgerald and HSBC have downgraded their actions to Overweight and Hold respectively, with price targets of $591 and $540.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:30 pm

MS

A significant bullish stance has been taken on Morgan Stanley (NYSE:MS) as indicated by unusual options activity. The sentiment among big-money traders is split between 63% bullish and 36% bearish. Whales have been targeting a price range from $65.0 to $100.0 for Morgan Stanley over the last 3 months. Oppenheimer maintains an Outperform rating on Morgan Stanley with a price target of $100, while RBC Capital and HSBC have downgraded their actions with price targets of $90 and $99 respectively.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:30 pm

AMZN

Amazon is facing a lawsuit from the Federal Trade Commission and 17 states for allegedly exploiting its monopoly power against rivals. The suit claims that Amazon's tactics prevent rivals from growing and emerging by stifling competition on price, product selection, and quality. The company's practices, including anti-discounting measures and conditioning sellers' 'Prime' eligibility on costly fulfillment services, are said to limit competitors' ability to compete effectively. The FTC and state partners seek a permanent injunction to stop Amazon's unlawful conduct and restore competition in the market.

Portfolio Pulse from Anusuya Lahiri

September 26, 2023 | 5:29 pm

NTNX

Nutanix is hosting its Investor Day 2023, with traders circulating mentions of strong guidance. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 5:25 pm

DMK

DMK Pharmaceuticals has been granted a Canadian patent titled 'An Opioid For Use To Reduce And/Or Treat Drug Addiction.' This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 5:25 pm

GS

A significant amount of bearish options activity has been observed for Goldman Sachs Gr (NYSE:GS), with 81% of investors opening trades with bearish expectations. The total amount for puts is $1,228,440 and for calls is $517,649. Whales have been targeting a price range from $245.0 to $335.0 for Goldman Sachs Gr over the last 3 months. The current price of GS is down -1.32% at $324.51. Citigroup, HSBC, JMP Securities, and Oppenheimer have maintained their ratings on Goldman Sachs Gr with price targets ranging from $380 to $450.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:16 pm

DHI

A significant amount of bearish options activity has been observed for D.R. Horton (NYSE:DHI), with 58% of investors opening trades with bearish expectations. The majority of the trades are puts, totaling $690,514, compared to calls totaling $76,800. Whales have been targeting a price range from $101.0 to $115.0 for D.R. Horton over the last 3 months. Citigroup maintains a Buy rating on D.R. Horton with a price target of $140, while Wedbush has downgraded its action to Neutral with a price target of $115.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:16 pm

PGNY

Traders are circulating unconfirmed newsletter picks about Progyny (PGNY).

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 5:03 pm

IBM

CNBC's Halftime Report discussed International Business Machines (IBM) in their final trades segment.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 5:01 pm

SIBN

Over the past 3 months, 7 analysts have published their opinion on SI-BONE (NASDAQ:SIBN) stock. The analysts have an average price target of $31.14 versus the current price of SI-BONE at $20.55, implying an upside. The current average has increased by 6.17% from the previous average price target of $29.33.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:01 pm