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CVX

A significant amount of unusual options activity has been detected for Chevron (NYSE:CVX), with a bearish stance being taken by a majority of investors. Of the 25 strange trades detected, 56% were bearish and 44% bullish. The total amount for puts was $805,648 and for calls was $873,540. Whales have been targeting a price range from $120.0 to $175.0 for Chevron over the last 3 months. The current price of CVX is down -2.59% at $152.26. Piper Sandler maintains an Overweight rating on Chevron with a price target of $188.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 6:01 pm

PTGX

Protagonist Therapeutics (NASDAQ:PTGX) has received positive analyst ratings in the last quarter, with 3 bullish and 2 somewhat bullish ratings. The company has an average 12-month price target of $37.4, which has increased by 33.57% over the past month.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 6:01 pm

LLAP

Analysts have provided mostly bullish ratings for Terran Orbital (NYSE:LLAP) in the last quarter, with 4 bullish and 1 somewhat bearish. The average 12-month price target for the company is $6.97, a decrease of 12.88% from the previous average of $8.00.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 6:01 pm

MLM

In the last quarter, Martin Marietta Materials (NYSE:MLM) received a mix of bullish and indifferent ratings from 6 analysts. The average price target is $447.33, indicating a potential upside from the current price of $440.83. This average has increased by 4.93% from the previous average price target of $426.33.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 6:00 pm

WW

Over the past 3 months, 5 analysts have published their opinion on WW International (NASDAQ:WW) stock. The average price target for the stock is $8.4, with a high of $13.00 and a low of $5.00. This average price target has increased by 61.54% over the past month. Out of the 5 analysts, 3 have given bullish ratings and 2 have been indifferent.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 6:00 pm

EMN

Over the last quarter, Eastman Chemical (NYSE:EMN) has received 1 bullish, 5 somewhat bullish, and 4 indifferent analyst ratings. The average price target is $95.2, indicating potential upside from the current price of $81.955. The average price target has increased by 2.23% from the previous average of $93.12.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 6:00 pm

IBKR

Analysts have provided bullish ratings for Interactive Brokers Gr (NASDAQ:IBKR) in the last quarter, with 5 bullish and 3 somewhat bullish ratings. The average 12-month price target for the company is $106.62, a 0.22% decrease from the previous average price target of $106.86.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 6:00 pm

AEL

BAM

BNRE

RBC Capital Markets analyst Scott Heleniak has downgraded American Equity Investment Life Holding Co (AEL) to Sector Perform from Outperform, increasing the price target to $55 from $50. This follows AEL's acceptance of Brookfield Reinsurance Ltd's (BNRE) acquisition offer of approximately $4.3 billion. AEL shareholders will receive $55.00 per share, consisting of $38.85 in cash and 0.49707 of Brookfield Asset Management Ltd. (BAM) shares. The analyst does not foresee any regulatory hurdles and does not expect a higher bidder.

Portfolio Pulse from Lekha Gupta

July 06, 2023 | 5:57 pm

LLAP

Terran Orbital Corp's (LLAP) $2.4 billion order for satellite buses from Rivada has been given a boost by a favorable International Telecommunications Union (ITU) ruling. The ITU has waived a requirement for Rivada to have 10% of its proposed 576 satellite constellation launched by September. This allows Rivada to proceed with LLAP’s expected timeline of launching 144 satellites by June 2026 and another 144 by September 2026. The ITU waiver requires confidence in Rivada’s funding outlets, manufacturing, and launch. LLAP shares traded lower by 0.71% at $1.42 on the last check Thursday.

Portfolio Pulse from Anusuya Lahiri

July 06, 2023 | 5:53 pm

HUBS

Piper Sandler analyst Brent A. Bracelin has downgraded HubSpot Inc (NYSE:HUBS) to Neutral from Overweight, but increased the price target to $520 from $482. The analyst believes the company's risk-reward seems less favorable after the stock gained over 80% YTD. However, Bracelin is pleased with the company's new ChatGPTpowered products, strong balance sheet, and over $200 million in annual FCF generation. The analyst raised their 2024 growth estimate for HUBS to 22% from 20%.

Portfolio Pulse from Lekha Gupta

July 06, 2023 | 5:52 pm