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XOM

Benzinga's options scanner detected over 18 options trades for Exxon Mobil (NYSE:XOM) totaling $716,031. Whales have been targeting a price range from $100.0 to $135.0 for Exxon Mobil over the last 3 months. The price of XOM is up 0.95% at $116.03. Mizuho, RBC Capital, Morgan Stanley, and Redburn Partners have maintained or adjusted their ratings and price targets for Exxon Mobil.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 4:16 pm

PDD

A significant number of investors have taken a bearish stance on PDD Holdings (NASDAQ:PDD), with 72% of detected trades being bearish. The whales have been targeting a price range from $92.0 to $110.0 for PDD Holdings over the last 3 months. Despite this, several financial institutions including Bernstein, Goldman Sachs, Benchmark, Barclays, and JP Morgan have maintained positive ratings on PDD Holdings, with price targets ranging from $115 to $140.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 4:16 pm

STLA

TSLA

WKSP

The United Auto Workers union is expanding its strike against General Motors and Stellantis, potentially impacting dealership operations. The strike could benefit Tesla, as it may widen the gap between Tesla and its rivals. Worksport Ltd announced a long-term supply agreement for its solar charging covers for electric pickup trucks, potentially bringing in $16 million in annual sales. The strike could also result in increased costs for General Motors, Stellantis, and Ford, potentially making their business models unsustainable. Toyota could also benefit from the strike due to its nonunionized workforce.

Portfolio Pulse from Upwallstreet

September 25, 2023 | 4:16 pm

AT&T Inc. (NYSE:T) shares are trading slightly lower due to concerns about future rate hikes following last Wednesday's FOMC statement and lower-than-expected initial jobless claims data. The company's substantial debt and heavy investments in network infrastructure could lead to higher interest expenses if the Federal Reserve signals future interest rate hikes. This could reduce AT&T's profitability and potentially strain its finances. The company's stock is also known for its dividend payments, which could become less attractive compared to fixed-income investments like bonds when interest rates rise.

Portfolio Pulse from Henry Khederian

September 25, 2023 | 4:13 pm

BCLI

BPTS

GWH

MORF

RNAZ

SCYX

U.S. stocks traded mostly higher with the Nasdaq Composite trading higher. Energy shares rose by 1.1% while utilities shares fell by 0.8%. TransCode Therapeutics, ESS Tech, and Biophytis saw their shares rise due to positive news. SCYNEXIS, Brainstorm Cell Therapeutics, and Morphic Holding saw their shares drop due to negative news.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 4:12 pm

MFG

MUFG

SMFG

Japanese stocks are trading lower following the Bank of Japan's decision to maintain short-term interest rates at -0.1% and continue with a loose monetary policy.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 4:12 pm

PFE

Pfizer has announced plans to intermittently distribute extra inventory not necessary for maintaining emergency order process to wholesalers and distributors. The first shipments of 13 medicines in production on the lines that have restarted are anticipated in Q4.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 4:09 pm

AFMD

Over the past 3 months, 6 analysts have published their opinion on Affimed (NASDAQ:AFMD) stock. The company has an average price target of $6.33, a decrease from the previous average price target of $8.00. The analysts' ratings are split between bullish and somewhat bullish, with no bearish or indifferent ratings.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 4:01 pm

SHCO

In the last quarter, Soho House (NYSE:SHCO) received three bullish ratings from analysts, with an average price target of $8.62, indicating potential upside from the current price of $6.83. The average price target has increased by 17.6% over the past month.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 4:00 pm

DRI

Analysts have provided various ratings for Darden Restaurants (NYSE:DRI) within the last quarter, with the majority being somewhat bullish. The average 12-month price target for Darden Restaurants is $173.15, representing a 2.68% decrease from the previous average price target of $177.91.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 4:00 pm