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Stock Prices

PANW

Unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with a large position indicating a bullish stance. The sentiment among these big-money traders is split evenly between bullish and bearish. The targeted price range for PANW over the last 3 months is from $220.0 to $450.0. The current price of PANW is down -1.53% at $236.23. Several financial institutions have maintained their positive ratings on PANW, with price targets ranging from $250 to $295.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:33 pm

XOM

A significant bullish stance has been taken on Exxon Mobil (NYSE:XOM) with 21 uncommon options trades spotted. The sentiment of these big-money traders is split between 57% bullish and 42% bearish. Whales have been targeting a price range from $100.0 to $135.0 for Exxon Mobil over the last 3 months. Mizuho maintains their Buy rating on Exxon Mobil with a price target of $139, while Redburn Partners upgraded its action to Neutral with a price target of $105.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:32 pm

QCOM

A significant bullish position has been taken on Qualcomm (NASDAQ:QCOM), as observed from publicly available options history. The sentiment among big-money traders is split 50-50 between bullish and bearish. The whales have been targeting a price range from $95.0 to $130.0 for Qualcomm over the last 3 months. The current price of QCOM is down -1.98% at $110.52. Wells Fargo maintains an Underweight rating on Qualcomm with a price target of $100, while Keybanc, Rosenblatt, and Mizuho have downgraded their actions to Overweight and Buy with price targets of $145 and $140 respectively.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:32 pm

MCD

McDonald's (NYSE:MCD) has outperformed the market over the past 20 years by 5.42% on an annualized basis, producing an average annual return of 13.12%. If an investor had bought $1000 of MCD stock 20 years ago, it would be worth $11,892.12 today.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:30 pm

QCOM

Over the past 20 years, Qualcomm (NASDAQ:QCOM) has outperformed the market by 1.0% on an annualized basis, producing an average annual return of 8.7%. If an investor had bought $1000 of QCOM stock 20 years ago, it would be worth $5,154.12 today.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:30 pm

DISH

SATS

TMUS

DISH Network Corp's stock is trading higher amid reports of the company winning government backing in its bid to purchase airwaves from T-Mobile US Inc. EchoStar Corp, which Dish wants to merge with, is also trading higher. U.S. antitrust regulators have urged a judge to extend the deadline to purchase airwaves from T-Mobile US to alleviate the financial strain on Dish. The Justice Department has proposed extending Dish's deadline to April 1, allowing them more time to complete the $3.5 billion purchase.

Portfolio Pulse from Anusuya Lahiri

September 19, 2023 | 3:28 pm

CART

Instacart's initial public offering (IPO) is indicating a price of $41.50 per share on 1.1 million shares, which is significantly higher than its IPO price of $30 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:26 pm

CMG

Chipotle Mexican Grill Inc. may need to increase its prices when California's $20 per hour minimum wage law comes into effect. The company is considering various strategies to offset the increased labor costs.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:26 pm

ASTS

T

VOD

AST SpaceMobile, Inc (ASTS) stock is trading higher after the company successfully made the first-ever 5G connection for voice and data between an unmodified smartphone and a satellite in space. The test was conducted using AT&T Inc (T) spectrum and AST SpaceMobile's BlueWalker 3 test satellite. The call was placed from Hawaii to a Vodafone Group Plc (VOD) engineer in Spain. The company also broke its previous space-based cellular broadband data session record by achieving a download rate of approximately 14 Mbps.

Portfolio Pulse from Anusuya Lahiri

September 19, 2023 | 3:23 pm

CART

Instacart's initial public offering (IPO) is indicating a price of $41.20 per share on 1.1 million shares, significantly higher than its IPO price of $30 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:23 pm