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MELI

A significant amount of unusual options activity has been detected for MercadoLibre (NASDAQ:MELI), with a bearish stance being taken by a majority of investors. Of the 16 strange trades detected, 56% were bearish and 43% were bullish. The total amount for puts was $352,695 and for calls was $195,946. Whales have been targeting a price range from $1020.0 to $1600.0 for MercadoLibre over the last 3 months. The company's stock price is currently down -0.61% at $1388.12. Analysts have mixed opinions, with New Street Research and UBS maintaining a Buy rating, while Wedbush has downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:01 pm

EXTR

Extreme Networks (NASDAQ:EXTR) has received 9 analyst ratings in the last quarter, with 6 being bullish, 1 somewhat bullish, and 2 indifferent. The average price target is $33.78, indicating an upside from the current price of $24.565. The average price target has increased by 31.85% over the past month.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

CLAR

Over the past 3 months, 4 analysts have published their opinion on Clarus (NASDAQ:CLAR) stock. The analysts have an average price target of $12.0 versus the current price of Clarus at $7.32, implying upside. This current average represents a 20.0% decrease from the previous average price target of $15.00.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

MRK

ONCT

HC Wainwright has upgraded Oncternal Therapeutics Inc (NASDAQ:ONCT) to Buy from Neutral with a price target of $2. The upgrade follows promising preclinical results from blood cancer investigations. However, Oncternal's shares are down 3.11% at $0.34. Merck & Co Inc (NYSE:MRK) also presented initial results from the Phase 2 waveLINE-004 trial of zilovertamab vedotin, a ROR1-targeted ADC that Merck acquired for approximately $2.8B in 2020.

Portfolio Pulse from Vandana Singh

September 18, 2023 | 7:00 pm

GD

General Dynamics (NYSE:GD) has received four somewhat bullish ratings and one indifferent rating from analysts in the last quarter. The average 12-month price target for the company, according to five analysts, is $254.4, an increase of 2.27% from the previous average price target of $248.75.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

ELP

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 20 years, producing an average annual return of 9.15%. If an investor had bought $100 of ELP stock 20 years ago, it would be worth $549.70 today. The company currently has a market capitalization of $27.06 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

ATOMUSD

In the past 24 hours, the price of Cosmos Hub (CRYPTO: ATOM) has risen by 3.73% to $7.28, continuing its positive trend over the past week with a 14.0% gain. The coin's trading volume has also increased by 2.0% over the past week, along with a 0.3% increase in circulating supply, bringing it to 292.59 million. The current market cap ranking for ATOM is #30 at $2.13 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

CB

Over the past 20 years, Chubb (NYSE:CB) has outperformed the market by 2.26% on an annualized basis, producing an average annual return of 9.98%. If an investor had bought $100 of CB stock 20 years ago, it would be worth $671.86 today.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

BCHUSD

Bitcoin Cash's (CRYPTO: BCH) price has risen 3.37% to $216.46 in the past 24 hours, continuing its positive trend over the past week with a 19.0% gain. The trading volume for the coin has increased 78.0% over the past week, while the overall circulating supply of the coin has decreased 0.03%. The current market cap ranking for BCH is #18 at $4.23 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

AR

Analysts have provided bullish ratings for Antero Resources (NYSE:AR) within the last quarter, with 7 bullish and 4 indifferent ratings. The average price target is $31.64, implying an upside from the current price of $26.355. This average has increased by 0.6% from the previous average price target of $31.45.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm