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Stock Prices

CRWD

Morgan Stanley has maintained an Overweight rating on CrowdStrike's stock and increased its price target from $163 to $178. This has led to a rise in CrowdStrike's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:31 pm

BA

A significant bearish stance on Boeing (NYSE:BA) has been observed in the options market. Benzinga's options scanner spotted 25 uncommon options trades for Boeing, with a sentiment split between 44% bullish and 56% bearish. The targeted price range for Boeing over the last 3 months is from $150.0 to $280.0. Analysts' ratings vary, with JP Morgan and Wells Fargo maintaining an Overweight rating, while Morgan Stanley and RBC Capital have downgraded their ratings.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:31 pm

QCOM

A significant bullish stance on Qualcomm (NASDAQ:QCOM) has been observed through unusual options activity. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The whales have been targeting a price range from $115.0 to $135.0 for Qualcomm over the last 3 months. Currently, QCOM's price is up 1.71% at $131.69. Wolfe Research has downgraded its action to Outperform with a price target of $145, while Susquehanna maintains a Positive rating with the same price target.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:31 pm

ACAX

FOXO

FWAC

ON

SILC

UFAB

YELL

U.S. stocks traded slightly higher with the Dow Jones gaining around 20 points. ON Semiconductor Corporation (NASDAQ:ON) reported upbeat Q2 results, beating market expectations. Yellow Corporation (NASDAQ:YELL) shares shot up 97% after reportedly terminating its operations. Shares of FOXO Technologies Inc. (NYSE:FOXO) and Fifth Wall Acquisition Corp. III (NASDAQ:FWAC) also rose significantly. However, shares of Unique Fabricating, Inc. (NASDAQ:UFAB), Alset Capital Acquisition Corp. (NASDAQ:ACAX), and Silicom Ltd. (NASDAQ:SILC) fell.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 2:31 pm

SIRI

Sirius XM Holdings' stock is trading higher following an upgrade from Sell to Neutral by Seaport Global.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:31 pm

SPY

The Dallas Fed Manufacturing Business Index for July is reported at -20, which is better than the estimated -26.3 and the prior figure of -23.2.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:30 pm

GD

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.06% on an annualized basis, producing an average annual return of 9.06%. If an investor had bought $100 of GD stock 20 years ago, it would be worth $569.91 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:30 pm

PGR

Over the past 10 years, Progressive (NYSE:PGR) has outperformed the market by 6.66% on an annualized basis, producing an average annual return of 17.09%. If an investor had bought $100 of PGR stock 10 years ago, it would be worth $483.35 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:30 pm

YELL

Trading of Yellow Corp's shares has resumed.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:29 pm

CRM

Shares of Salesforce Inc (NYSE:CRM) dipped after Morgan Stanley downgraded the stock from Overweight to Equal Weight, setting a $278 price target. The downgrade is due to exhaustion of near-term catalysts and uncertainties surrounding the impact of Generative AI on growth. However, the new price target, up from $251, indicates bullish metrics ahead.

Portfolio Pulse from AJ Fabino

July 31, 2023 | 2:27 pm