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CSCO

A significant bullish stance has been taken on Cisco Systems (NASDAQ:CSCO) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 63% bullish and 36% bearish. Whales have been targeting a price range from $52.5 to $60.0 for Cisco Systems over the last 3 months. Several experts have maintained their positive ratings on Cisco Systems, with price targets ranging from $58 to $65.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 6:32 pm

SBUX

A significant investor has taken a bearish stance on Starbucks (NASDAQ:SBUX), with 54% of the investors opening trades with bearish expectations. The majority of the spotted trades are puts, totaling $427,944, while calls total $163,890. Whales have been targeting a price range from $90.0 to $102.0 for Starbucks over the last 3 months. The current price of SBUX is down -1.27% at $95.61.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 6:32 pm

ABT

A significant bearish stance has been taken on Abbott Laboratories (NYSE:ABT) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 70% bearish and 30% bullish. The whales have been targeting a price range from $80.0 to $110.0 for Abbott Laboratories over the last 3 months. The current price of ABT is up 1.05% at $101.94.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 6:32 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has been trading mostly flat, showing strength compared to the general market. The cryptocurrency has settled into a falling channel pattern, indicating a bearish short-term trend but potential bullishness in the future. Shiba Inu has resistance above at $0.00000793 and at $0.00000856 and support below at $0.00000738 and at $0.00000694.

Portfolio Pulse from Melanie Schaffer

September 06, 2023 | 6:26 pm

FICO

Raymond James analyst Patrick O'Shaughnessy initiated coverage on Fair Isaac Corp (FICO) with an Outperform rating and a price target of $1,007. The analyst sees further upside for FICO's shares and expects strong execution in the Software segment to boost long-term revenue and margin. FICO's efforts to provide free FICO scores to consumers have boosted its brand. The company's focus on transitioning its Software business to a SaaS-based revenue model is seen as a growth driver.

Portfolio Pulse from Lekha Gupta

September 06, 2023 | 6:26 pm

CRGO

Oppenheimer analysts initiated coverage on Freightos Ltd (NASDAQ:CRGO) with an Outperform rating and a price target of $5. They believe the company is well-positioned to benefit from the freight industry's transition towards digitization. The analysts also noted that Freightos' current cash position of $61 million is sufficient to fund the business through break-even. CRGO shares are trading higher by 4.8% at $2.83.

Portfolio Pulse from Lekha Gupta

September 06, 2023 | 6:23 pm

LEN

A significant bullish stance has been taken on Lennar (NYSE:LEN) as evidenced by unusual options activity. The sentiment among these big-money traders is split between 54% bullish and 45% bearish. Whales have been targeting a price range from $90.0 to $120.0 for Lennar over the last 3 months. Goldman Sachs has maintained their Buy rating on Lennar, with a price target of $142.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 6:16 pm

CAT

A significant amount of unusual options activity has been detected for Caterpillar (NYSE:CAT), with a mix of bullish and bearish stances. Of the 10 strange trades detected, 50% were bullish and 50% were bearish. The total amount for puts was $226,709 and for calls was $211,925. Whales have been targeting a price range from $250.0 to $300.0 for Caterpillar over the last 3 months. The current price of CAT is down -0.31% at $280.75.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 6:16 pm

SAFE

B. Riley Securities analyst Matt Howlett reiterated a Buy rating on Safehold Inc. (NYSE:SAFE), but lowered the price target to $40 from $44 due to challenges in the general CRE sector and expected lower near-term transaction volume. Howlett also revised down EPS estimates for FY23 and FY24, and introduced an FY25 estimate of $1.75. Despite these challenges, the analyst views 4Q23 as a potential inflection point for originations and expects SAFE's annual origination volume to exceed $1 billion in 2024.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2023 | 6:15 pm

AZN

JNJ

Johnson & Johnson's unit Janssen released topline results from the Phase 3 MARIPOSA-2 study evaluating Rybrevant regime versus chemotherapy alone, showing significant improvement in progression-free survival. The study enrolled patients with advanced or metastatic EGFR exon 19 deletions or L858R substitution NSCLC after disease progression on or after AstraZeneca's Tagrisso. JNJ shares are down 1.33% at $158.54.

Portfolio Pulse from Vandana Singh

September 06, 2023 | 6:11 pm