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Stock Prices

UBER

A significant bullish stance has been taken on Uber Technologies (NYSE:UBER) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split between 56% bullish and 43% bearish. The whales have been targeting a price range from $25.0 to $60.0 for Uber over the last 3 months. Several financial institutions have maintained their positive ratings on Uber, with price targets ranging from $50 to $75.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:45 pm

WMT

A significant bearish stance on Walmart (NYSE:WMT) has been observed through unusual options activity. The sentiment among big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $125.0 to $155.0 for Walmart over the last 3 months. Morgan Stanley has downgraded its action to Overweight with a price target of $160.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:45 pm

AMRN

AQMS

CVNA

HROW

PBLA

SEV

US stocks traded mixed with the Nasdaq Composite moving lower. U.S. crude oil inventories declined less than projected. Harrow Health, Panbela Therapeutics, and Carvana saw their shares rise after positive news, while Sono Group, Amarin Corporation, and Aqua Metals saw their shares drop due to negative developments.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 6:38 pm

JPM

Goldman Sachs Group Inc's Q2 earnings fell short of expectations with a 60% YoY drop, marking its worst quarterly profits since the early stages of the pandemic in 2020. The bank's profit drop was primarily due to its retrenchment from consumer businesses and declining real estate investments. Despite the slump, CEO David Solomon remained optimistic about the bank's strategic decisions and the potential recovery of investment banking and mergers and acquisitions.

Portfolio Pulse from AJ Fabino

July 19, 2023 | 6:33 pm

UPS

A significant bearish stance has been taken on United Parcel Service (NYSE:UPS) as indicated by unusual options activity. The sentiment among big-money traders is 75% bearish and 25% bullish. Whales have been targeting a price range from $165.0 to $210.0 for UPS over the last 3 months. Morgan Stanley has downgraded UPS to Underweight with a price target of $100.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:31 pm

NKE

QQQ

SPY

TSLA

Benzinga's experiment, 'Is ChatGPT A Better Financial Advisor?' is in its tenth week. The AI-curated portfolio, which started with a hypothetical $10,000, is compared against leading U.S. equity funds. The portfolio's performance is competitive, with Tesla Inc (NASDAQ:TSLA) being the top performer, up 76.86% since the position was opened. The biggest laggard is AT&T Inc (NYSE:T), with shares down 12.52% since the position was taken.

Portfolio Pulse from AJ Fabino

July 19, 2023 | 6:26 pm

CVX

A significant investor has taken a bearish stance on Chevron (NYSE:CVX), with 54% of investors opening trades with bearish expectations. The whales have been targeting a price range from $150.0 to $185.0 for Chevron over the last 3 months. The price of CVX is up 0.62% at $154.7. Citigroup, Raymond James, Mizuho, and Morgan Stanley have maintained their ratings on Chevron with price targets of $170, $200, $205, and $197 respectively.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:15 pm

MRNA

A whale investor has taken a bearish stance on Moderna (NASDAQ:MRNA), with 80% of the spotted trades being bearish. The whales have been targeting a price range from $90.0 to $135.0 for Moderna over the last 3 months. HSBC has downgraded its action to Reduce with a price target of $97, while UBS upgraded its action to Buy with a price target of $191. Morgan Stanley has maintained their Equal-Weight rating on Moderna, with a price target of $128.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:15 pm

ENPH

A significant amount of unusual options activity has been detected for Enphase Energy (NASDAQ:ENPH), with a bearish stance being taken by a majority of investors. Whales have been targeting a price range from $125.0 to $490.0 for Enphase Energy over the last 3 months. The company's stock price is currently up 0.75% at $185.43. Analysts from Barclays, Oppenheimer, Goldman Sachs, Truist Securities, and B. Riley Securities have provided their ratings and price targets for the company.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:15 pm

STZ

Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating on Constellation Brands Inc (STZ) with a price target of $290. The company has entered into an information-sharing agreement with Elliott Investment Management L.P. and appointed two new independent directors. The analyst believes the collaboration with Elliott could accelerate the re-rating and increase the probability of a short-term bull-case for STZ. The agreement is seen as a step to improve governance and distance the company from its historical poor capital allocation.

Portfolio Pulse from Shivani Kumaresan

July 19, 2023 | 6:13 pm