Streetbeat News

Stock Prices

LVS

A significant bullish stance has been taken on Las Vegas Sands (NYSE:LVS) by a large investor, as indicated by a big position in the company's options. The sentiment among these big-money traders is split, with 54% bullish and 45% bearish. The whales have been targeting a price range from $28.0 to $55.0 for Las Vegas Sands over the last 3 months. Morgan Stanley has maintained their Overweight rating on Las Vegas Sands, with a price target of $68.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 6:32 pm

BHP

A significant bullish stance has been taken on BHP Group (NYSE:BHP) as evidenced by a large position in the company's options. The sentiment among these big-money traders is split between 63% bullish and 36% bearish. The whales have been targeting a price range from $35.0 to $70.0 for BHP Group over the last 3 months. The price of BHP is currently down -2.67% at $55.94.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 6:32 pm

DRI

MURF

SEEL

SPLK

TVTX

US stocks traded lower with the Dow Jones falling around 200 points. Darden Restaurants Inc reported better-than-expected earnings for its first quarter with sales growth of 11.6% YoY to $2.73 billion. Murphy Canyon Acquisition Corp. shares shot up 39% after stockholder approval of the proposed combination with Conduit Pharmaceuticals. Cisco Systems agreed to acquire Splunk for $157 per share in cash. Travere Therapeutics shares dropped 41% after announcing topline two-year confirmatory secondary endpoint results from its Phase 3 PROTECT Study. Seelos Therapeutics was down 38% after announcing a $4.5 million registered direct offering of common stock and warrants to purchase common stock.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 6:30 pm

ANET

Arista Networks's (NYSE:ANET) short percent of float has risen 15.45% since its last report, with 3.56 million shares sold short, which is 1.42% of all regular shares available for trading. This increase in short interest can indicate a bearish market sentiment towards the stock. However, compared to its peers, Arista Networks has less short interest as a percentage of float, with an average of 6.81%.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 6:15 pm

GILD

Gilead Sciences's (NYSE:GILD) short percent of float has fallen 6.82% since its last report, indicating a more bullish sentiment towards the stock. The company has 18.25 million shares sold short, which is 1.64% of all regular shares available for trading. Compared to its peers, Gilead Sciences has less short interest.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 6:15 pm

BUD

Anheuser-Busch InBev's (NYSE:BUD) short percent of float has fallen 7.41% since its last report, with 4.29 million shares sold short, which is 0.25% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the company. Compared to its peers, Anheuser-Busch InBev has less short interest.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 6:15 pm

BHP

CGA

CRKN

FCX

JHX

LTHM

MLM

VALE

Materials companies' shares are trading lower due to overall market weakness following a rise in Treasury yields after the FOMC statement. The lower-than-expected weekly initial jobless claims data could encourage more rate hikes.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 6:11 pm

BNP

COTY

US beauty and fragrance company, Coty Inc., is planning a Paris listing that could occur in the coming weeks. The company has engaged BNP Paribas SA and Citigroup Inc. to facilitate the deal. Coty is considering raising fresh capital from the listing.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 6:03 pm

TECK

Analysts have provided bullish and somewhat bullish ratings for Teck Resources (NYSE:TECK) in the last quarter, with no bearish or indifferent ratings. The average 12-month price target for Teck Resources is $55.0, a decrease of 1.79% from the previous average price target of $56.00.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 6:00 pm

MAR

Over the past 3 months, 15 analysts have published their opinion on Marriott Intl (NASDAQ:MAR) stock. The average price target is $216.73, implying an upside from the current price of $196.74. The average price target has increased by 9.5% over the past month.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 6:00 pm