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Stock Prices

GM

In the last quarter, General Motors (NYSE:GM) received 2 bullish, 4 somewhat bullish, and 5 indifferent analyst ratings. Over the past 3 months, 11 analysts have offered 12-month price targets for GM, with an average price target of $49.0, a high of $85.00, and a low of $37.00. The current average price target is unchanged from the previous one.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 4:00 pm

RIVN

TSLA

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are surging after Wedbush raised its price target from $25 to $30. The stock has seen a significant increase over the last five sessions and the last 30 days, possibly due to strong Q2 deliveries and a charging partnership with Tesla, Inc. (NASDAQ:TSLA). RIVN's trading volume has also exceeded its 100-day average, and it has a high short interest with over 16% of available shares being sold short.

Portfolio Pulse from Erica Kollmann

July 07, 2023 | 3:58 pm

TSLA

Tesla, Inc (NASDAQ:TSLA) is currently trading flat and consolidating on below-average-volume, suggesting a possible bull flag pattern. The pattern indicates a potential rise of about 18%, which could push Tesla's stock price towards $322. However, bearish traders may see the stock continue downwards within the channel for a short period. Tesla has resistance above at $285.83 and $300.90 and support below at $271.71 and $254.98.

Portfolio Pulse from Melanie Schaffer

July 07, 2023 | 3:55 pm

XOM

A whale investor has taken a bearish stance on Exxon Mobil (NYSE:XOM), with 54% of the investors opening trades with bearish expectations. The whale has been targeting a price range from $90.0 to $115.0 for Exxon Mobil over the last 3 months. The price of XOM is up 0.1% at $103.03, with RSI indicators suggesting the stock may be approaching oversold. Next earnings are expected to be released in 21 days.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:50 pm

SLB

A whale investor has taken a bearish stance on Schlumberger Limited (NYSE:SLB), with 55% of the investors opening trades with bearish expectations. The whale has been targeting a price range from $47.5 to $67.5 for SLB over the last 3 months. The price of SLB is currently up 5.28% at $51.72. The next earnings are expected to be released in 14 days.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:50 pm

JD

A whale investor has taken a bullish stance on JD.com (NASDAQ:JD), with 54% of investors opening trades with bullish expectations and 45% with bearish. The whale has been targeting a price range from $25.0 to $45.0 for JD.com over the last 3 months. The price of JD is currently up 3.67% at $35.33. The next earnings are expected to be released in 46 days.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:50 pm

NVDA

QCOM

TXN

Bernstein analyst Stacy Rasgon has provided an overview of the semiconductor sector, noting a 40% increase in semiconductor stocks year-to-date in 2023. The analyst highlighted AI as a key driver of this growth. However, concerns were raised about non-AI data centers and the automotive semiconductor segment. Rasgon also provided ratings and price targets for several semiconductor stocks, including Nvidia, Qualcomm, and Texas Instruments.

Portfolio Pulse from Chris Katje

July 07, 2023 | 3:48 pm

LCID

Lucid Group Inc's (LCID) shares are trading higher by 4.8% to $7.42, rebounding after Thursday's weakness. The rise is attributed to better-than-expected U.S. jobs data, which could lead to further rate hikes. Higher interest rates can increase the cost of capital for electric vehicle companies like Lucid, impacting their ability to secure favorable terms for raising funds and potentially leading to higher component prices.

Portfolio Pulse from Henry Khederian

July 07, 2023 | 3:47 pm

TSM

A whale investor has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM), with 80% of the investors opening trades with bullish expectations and 20% with bearish. The whale has been targeting a price range from $90.0 to $105.0 for TSM over the last 3 months. The price of TSM is up 1.39% at $100.79. Susquehanna has maintained their Positive rating on TSM, with a price target of $128.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:34 pm

ORCL

Unusual options activity has been observed for Oracle (NYSE:ORCL), with a large position indicating a bullish stance. The activity includes 10 uncommon options trades, split between 60% bullish and 40% bearish. The targeted price range for Oracle over the last 3 months is from $110.0 to $160.0. The current price of ORCL is down -0.4% at $114.99. Analysts from UBS, Deutsche Bank, Mizuho, Citigroup, and Evercore ISI Group have maintained their ratings on Oracle, with price targets ranging from $120 to $150.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 3:34 pm