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UNH

UnitedHealth Group Incorporated (NYSE:UNH) reported Q2 FY23 sales of $92.9 billion, up almost 16% Y/Y, beating the consensus of $91 billion. Adjusted EPS of $6.14 increased 14% Y/Y, surpassing the consensus of $6.01. Options markets are implying a move of +/-3.5% by the end of Friday. UBS maintained UnitedHealth Group with a Neutral and lowered the price target from $550 to $510, while Wells Fargo maintained the stock with an Overweight and cut the price target from $616 to $561.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 2:12 pm

NET

Investor Business Daily SwingTrader has reportedly purchased stock in Cloudflare, a web-infrastructure and website-security company.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 2:10 pm

BLK

C

ERIC

JPM

META

MSFT

NOK

NVO

UNH

WFC

Hollywood studios propose using AI replicas of actors. Meta Platforms' Threads app sees a decline in engagement. Citigroup, UnitedHealth, Wells Fargo, JPMorgan Chase, and BlackRock deliver strong Q2 earnings. Nokia and Ericsson shares drop after Q2 earnings. Roivant Sciences in talks with Roche for a potential $7B drug deal. WHO labels aspartame as a possible carcinogen. Microsoft and Activision Blizzard consider UK rights divestiture to appease regulators. Nissan plans to invest in Renault's EV unit. Novo Nordisk's weight-loss drug to be launched in Germany.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 2:09 pm

LLY

Eli Lilly and Company (LLY) announced its plans to acquire Versanis Bio. This news has led to an increase in Lilly's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:07 pm

PRFX

Trading of PainReform's shares has resumed.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 2:04 pm

UBER

A significant bullish stance has been taken on Uber Technologies (NYSE:UBER) by an unknown entity, with 75% of big-money traders being bullish and 25% bearish. The price target for Uber is estimated to be between $25.0 and $52.5 based on the volume and open interest on these contracts. The price of UBER is up 1.18% at $46.18. Several financial institutions have maintained their positive ratings on Uber, with price targets ranging from $50 to $75.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:03 pm

AVGO

A significant amount of unusual options activity has been detected for Broadcom (NASDAQ:AVGO), with a majority of investors taking a bullish stance. The trades range from $600.0 to $940.0 for Broadcom over the last 3 months. Deutsche Bank, Mizuho, and Truist Securities have maintained their Buy ratings on Broadcom, with price targets of $905, $840, and $942 respectively.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:03 pm

BABA

A whale investor has taken a bullish stance on Alibaba Group Holding (NYSE:BABA), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale has been targeting a price range from $84.0 to $140.0 for Alibaba over the last 3 months. The price of BABA is currently down -2.07% at $94.61. Bernstein and Benchmark have downgraded their actions on Alibaba, while B of A Securities and Loop Capital have maintained their Buy rating.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:03 pm

ABBV

Over the past 3 months, 5 analysts have given their opinion on AbbVie (NYSE:ABBV) stock, with 2 being bullish and 3 somewhat bullish. The average price target is $179.4, implying an upside from the current price of $135.15. However, this average has decreased by 2.37% from the previous average price target of $183.75.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:01 pm

CASY

Casey's General Stores (NASDAQ:CASY) has received 14 analyst ratings in the last quarter, with 6 being bullish, 3 somewhat bullish, and 5 indifferent. The average 12-month price target for the company is $269.5, a 1.19% decrease from the previous average of $272.75.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:01 pm