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Stock Prices

UPS

A significant amount of unusual options activity has been observed for United Parcel Service (NYSE:UPS), with a split sentiment of 50% bullish and 50% bearish among big-money traders. The options trades have targeted a price range from $160.0 to $220.0 for UPS over the last 3 months. The current price of UPS is $179.37, down by 0.65%. Several financial institutions have maintained or downgraded their ratings on UPS, with price targets ranging from $185 to $195.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 8:46 pm

LLY

A significant amount of unusual options activity has been observed for Eli Lilly (NYSE:LLY), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $200 to $600 for Eli Lilly over the last 3 months. The current price of LLY is up 0.89% at $526.23. Major financial institutions like Morgan Stanley, Citigroup, JP Morgan, Wells Fargo, and Jefferies have maintained positive ratings on Eli Lilly, with price targets ranging from $525 to $615.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 8:46 pm

ANET

Arista Networks (NYSE:ANET) has seen a mix of bullish and bearish trades, with 45% of investors opening trades with bullish expectations and 55% with bearish. Whales have been targeting a price range from $150.0 to $210.0 for Arista Networks over the last 3 months. The stock is currently down -1.66% at $177.46. Wells Fargo, Morgan Stanley, Needham, Keybanc, and Argus Research have maintained their ratings on Arista Networks with price targets ranging from $185 to $225.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 8:46 pm

FOX

FOXA

RUM

Fox Corp's Business unit has been selected to broadcast the second debate of the 2024 Republican presidential primary, solidifying its position as the host for the party’s initial two debates. The first debate will take place on Aug. 23 in Milwaukee and will air on Fox News, and will also be exclusively livestreamed on Rumble Inc.

Portfolio Pulse from AJ Fabino

August 09, 2023 | 8:45 pm

AVTA

Avantax has revised its FY23 revenue outlook from a range of $750M-$758M to a narrower range of $753M-$756M. The consensus estimate stands at $755.33M. The company also projects an adjusted EPS of $1.22-$1.30.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:45 pm

RAMP

LiveRamp Holdings has projected its FY24 revenue to be between $620M-$630M, which is an increase of 4%-6% compared to the estimated $614.71M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:44 pm

MRUS

Merus N.V. (NASDAQ:MRUS), a clinical-stage oncology company, has announced a proposed underwritten public offering of its common shares. The size and amount of the offering have not been disclosed. The company plans to use the net proceeds from the offering to advance the clinical development of its product candidates, for preclinical research and technology development, and for working capital and general corporate purposes. Jefferies, BofA Securities, Guggenheim Securities and William Blair are acting as joint book-running managers for the offering.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:44 pm

SHWZ

Medicine Man Technologies (OTC:SHWZ) reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.06) by 150%. This is a 162.5% decrease over earnings of $0.24 per share from the same period last year. The company also reported quarterly sales of $42.38 million, missing the analyst consensus estimate of $45.00 million by 5.83%. This is a 4.27% decrease over sales of $44.26 million the same period last year.

Portfolio Pulse from saritha@benzinga.com

August 09, 2023 | 8:39 pm

AOSL

Alpha and Omega Semiconductor (AOSL) has projected its Q1 revenue to be around $180M, with a possible deviation of $10M. This estimate surpasses the previous expectation of $172.93M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:39 pm

GRTX

Trading of Galera Therapeutics' shares will resume at 5:00 p.m. ET.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 8:38 pm