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PYPL

PayPal Holdings (NASDAQ:PYPL) has seen unusual options activity, with a large bullish position appearing in the options history. The overall sentiment of these big-money traders is split between 56% bullish and 43% bearish. The price of PYPL is down -1.01% at $62.16. Several financial institutions have maintained their positive ratings on PayPal, with price targets ranging from $77 to $90.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:31 pm

DIS

A significant amount of unusual options activity has been observed for Walt Disney (NYSE:DIS), with a majority of investors taking a bearish stance. The targeted price range for Disney's stock over the last three months has been between $85.0 and $160.0. The current price of DIS is down by 0.88% at $90.95. Analysts from Wells Fargo, Morgan Stanley, Evercore ISI Group, and Rosenblatt have maintained their positive ratings on Disney, while Atlantic Equities has downgraded its rating to Underweight.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:31 pm

IMPP

Imperial Petroleum Inc's (NASDAQ:IMPP) shares fell by 34.7% after the company announced the pricing of approximately $17 million of its units in a registered direct offering at a price of $2 per unit. The company also reported Q2 earnings of $1.46 per share and $59.04 million in sales, a 420% increase over the same period last year.

Portfolio Pulse from Henry Khederian

August 11, 2023 | 2:31 pm

KZR

Kezar Life Sciences reported a year-over-year decrease in Q2 EPS results, leading to a drop in its share price. Additionally, Wells Fargo downgraded the stock from Overweight to Equal-Weight, and HC Wainwright lowered its price target from $19 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 2:31 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) has outperformed the market over the past 10 years by 6.18% on an annualized basis, producing an average annual return of 16.53%. If an investor had bought $100 of CMG stock 10 years ago, it would be worth $458.17 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:30 pm

UNP

Union Pacific (NYSE:UNP) has outperformed the market over the past 10 years by 1.02% on an annualized basis, producing an average annual return of 11.37%. If an investor had bought $1000 of UNP stock 10 years ago, it would be worth $2,901.70 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:30 pm

DIS

Walt Disney Co's shares are trading lower by 1.85% despite reporting better-than-expected third-quarter EPS results. The company's revenue of $22.33 billion indicated a 4% YoY increase but fell short of the Street's consensus estimate. The EPS for the same period was $1.03, surpassing the Street's consensus estimate of 97 cents per share. The company's operating income was flat YoY, with an 11% increase in the Parks segment and an 18% decrease in the Media segment.

Portfolio Pulse from Henry Khederian

August 11, 2023 | 2:30 pm

SPY

The SPDR S&P 500 ETF Trust (SPY) fell on Friday following the release of the latest Producer Price Index (PPI) data, which showed a 0.8% annualized increase, bouncing back from its revised 0.2% in June and exceeding the expected 0.7% hike. Economists suggest that the PPI report underscores the Federal Reserve's hesitance in claiming success in its inflation containment strategies. Despite July's acceleration, the PPI grew just 0.85% over the year, and business input costs have cooled off notably in July.

Portfolio Pulse from AJ Fabino

August 11, 2023 | 2:29 pm

CANO

Jefferies analyst Brian Tanquilut has downgraded Cano Health (NYSE:CANO) from Buy to Hold.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 2:26 pm

OUST

Ouster reported better-than-expected Q2 financial results and issued Q3 revenue guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 2:24 pm