Streetbeat News

Stock Prices

DIS

A large investor has taken a bullish stance on Walt Disney (NYSE:DIS), with 20 uncommon options trades spotted for the company. The sentiment of these big-money traders is split evenly between bullish and bearish. The trades include 9 puts, totalling $597,803, and 11 calls, totalling $495,029. Whales have been targeting a price range from $60.0 to $115.0 for Walt Disney over the last 3 months. The price of DIS is currently down -0.58% at $80.54.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:15 pm

LLY

A whale investor has taken a bullish stance on Eli Lilly (NYSE:LLY), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale has been targeting a price range from $320.0 to $630.0 for Eli Lilly over the last 3 months. The current price of LLY is down -0.42% at $549.96. Cantor Fitzgerald downgraded its action to Overweight with a price target of $630, Argus Research maintained their Buy rating with a price target of $620, and Morgan Stanley maintained their Overweight rating with a price target of $640.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:15 pm

CTAS

Cintas Corporation reported its Q1 financial results and updated guidance, following which its shares traded lower.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 4:08 pm

BIG

SFIX

The article discusses the use of the Relative Strength Index (RSI) as a technical indicator in stock trading. It highlights how RSI helped avoid a potentially losing trade on Stitch Fix (NASDAQ:SFIX) and identified an opportunity in Big Lots (NYSE:BIG). The RSI indicated that SFIX was oversold, despite other indicators suggesting a bearish outlook. SFIX's stock spiked after mixed earnings, but ended the week flat. BIG, on the other hand, showed a short-lived bounce after poor earnings, presenting a trading opportunity.

Portfolio Pulse from David Pinsen

September 26, 2023 | 4:06 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher after Baird Equity Research reiterated its Outperform rating and designated the company as a 'bullish Fresh Pick'. Baird expects Rivian's Q3 deliveries to beat expectations and sees this as a near-term catalyst for the stock. The firm also highlighted Rivian's improving profit margins and strong consumer demand, particularly for the R1S model.

Portfolio Pulse from Erica Kollmann

September 26, 2023 | 4:04 pm

CTAS

FEMY

IMVT

NEWP

RNAZ

SLNO

UNFI

U.S. stocks traded lower with the Nasdaq Composite falling more than 1%. Cintas Corporation reported better-than-expected earnings for its first quarter and raised its FY24 revenue and EPS outlook. Soleno Therapeutics, Femasys Inc., and Immunovant saw significant stock increases, while TransCode Therapeutics, United Natural Foods, and New Pacific Metals saw decreases. Crude oil moved higher while gold, silver, and copper fell.

Portfolio Pulse from Lisa Levin

September 26, 2023 | 4:04 pm

ETSY

In the last quarter, Etsy (NASDAQ:ETSY) received 20 analyst ratings, with the majority being bullish. The average 12-month price target for Etsy is $111.9, representing a 4.92% decrease from the previous average price target of $117.69.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:01 pm

GKOS

8 analysts have provided ratings for Glaukos (NYSE:GKOS) in the last quarter, with an average price target of $86.0, indicating an upside from the current price of $77.33. The current average has increased by 18.9% from the previous average price target of $72.33.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:01 pm

ESS

Essex Property Trust (NYSE:ESS) has received various analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, and 8 indifferent. The average price target is $253.3, compared to its current price of $215.51, implying an upside. The average price target has increased by 4.0% over the past month.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:00 pm

LYFT

Over the past 3 months, 9 analysts have published their opinion on Lyft (NASDAQ:LYFT) stock. The average price target is $13.33, implying an upside from the current price of $9.92. However, this average has decreased by 22.99% from the previous average price target of $17.31.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:00 pm