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INTU

Intuit Inc's shares are trading higher after several analysts raised their price targets following Q4 results that beat consensus estimates. The company reported Q4 EPS of $1.65, beating the estimate of $1.43, and sales of $2.71 billion, beating the estimate of $2.64 billion. The company also provided FY24 revenue estimates of $15.89 billion-$16.105 billion, higher than the $15.99 billion estimate. Several firms including Oppenheimer, Evercore ISI Group, Credit Suisse, KeyBanc, Piper Sandler, B of A Securities, Stifel, Deutsche Bank, and Goldman Sachs raised their price targets for INTU.

Portfolio Pulse from Lekha Gupta

August 25, 2023 | 7:50 pm

ISRG

Intuitive Surgical shares are trading higher without any company-specific news from today's session.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 7:48 pm

VRT

Vertiv shares are trading higher despite no company-specific news being reported.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 7:46 pm

VZ

A whale investor has taken a bullish stance on Verizon Communications (NYSE:VZ), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $20.0 to $35.0 for Verizon over the last 3 months. The price of VZ is currently down -0.06% at $33.36. Citigroup has maintained their Neutral rating on Verizon, while Oppenheimer and Morgan Stanley have downgraded their actions to Outperform and Overweight respectively.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 7:45 pm

CSCO

A significant amount of unusual options activity has been detected for Cisco Systems (NASDAQ:CSCO), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $25.0 to $65.0 for Cisco Systems over the last 3 months. The current price of CSCO is up 1.1% at $55.84. Several financial institutions have maintained their ratings on Cisco Systems, with price targets ranging from $53 to $59.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 7:45 pm

XPEV

XPeng shares are trading higher despite no company-specific news.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 7:44 pm

SPY

The market on close imbalance is leaning towards the sell-side with $594 million worth of stocks. SPY is mentioned in the context.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 7:32 pm

ABNB

A significant bullish stance has been taken on Airbnb (NASDAQ:ABNB) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $100.0 to $140.0 for Airbnb over the last 3 months. The price of ABNB is up 1.11% at $126.11. Several financial institutions have maintained their ratings on Airbnb, with price targets ranging from $114 to $185.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 7:30 pm

NTES

NetEase (NASDAQ:NTES) has outperformed the market over the past 20 years by 11.81% on an annualized basis, producing an average annual return of 19.36%. If an investor had bought $1000 of NTES stock 20 years ago, it would be worth $34,460.73 today.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 7:30 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) has outperformed the market over the past 15 years, producing an average annual return of 16.26%. If an investor had bought $1000 of ACGL stock 15 years ago, it would be worth $9,651.52 today. The company currently has a market capitalization of $27.90 billion.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 7:30 pm