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TAK

TEVA

The supply of ADHD medications, including Vyvanse and Adderall, is dwindling in the US due to manufacturing complications and labor shortages at Teva Pharmaceutical Industries and Takeda Pharmaceutical. The shortage has reached a five-year high, with Vyvanse prescriptions surging in 2023.

Portfolio Pulse from Vandana Singh

June 21, 2023 | 6:23 pm

AGR

PNM

KeyBanc Capital Markets analyst Sangita Jain upgraded Avangrid Inc (NYSE:AGR) to Sector Weight from Underweight, citing the company's valuation moving towards the large-cap group average. Risks related to the pending merger with PNM Resources and restructuring of offshore wind PPAs are considered priced in by the market. Jain raised revenue estimates for 2023 and 2024, while slightly reducing EPS estimates.

Portfolio Pulse from Lekha Gupta

June 21, 2023 | 6:18 pm

FDX

FedEx Corp (NYSE:FDX) reported Q4 earnings of $4.94 per share, beating a $4.89 Street estimate, on revenues of $21.9 billion, which missed a Street estimate of $22.72 billion. The company guided for earnings to come in a range of $16.50 to $18.50 per share for the full fiscal year 2024. FedEx has a dividend yield of 2.19%.

Portfolio Pulse from AJ Fabino

June 21, 2023 | 6:17 pm

MA

A whale investor has taken a bullish stance on Mastercard (NYSE:MA), with 56% of detected trades showing bullish expectations. The total amount for 3 puts is $165,275, while 13 calls amount to $2,202,788. Whales have been targeting a price range of $340 to $405 for Mastercard over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 6:17 pm

CVS

A whale has taken a bearish stance on CVS Health (NYSE:CVS), with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $62.5 to $74.0 for CVS Health over the last 3 months. Analysts from Truist Securities and JP Morgan maintain Buy and Overweight ratings, respectively, while Piper Sandler downgraded to Overweight.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 6:17 pm

ATVI

A whale has taken a bearish stance on Activision Blizzard (NASDAQ:ATVI), with 75% of detected unusual options trades being bearish. Whales have been targeting a price range of $65 to $90 for the stock over the last 3 months. The stock is currently trading at $81.56, down 0.4%.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 6:17 pm

NTR

Nutrien shares are trading higher without any company-specific news.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 6:17 pm

CVNA

Carvana (CVNA) sees a sweep of 100 Jan 19 $60 calls near the ask price at $2.551, with earnings expected on August 3rd after market close.

Portfolio Pulse from Charles Gross

June 21, 2023 | 6:17 pm

TFX

Needham analyst Mike Matson downgraded Teleflex Incorporated (NYSE:TFX) to Hold from Buy due to concerns over growth drivers. Urologists are reducing their use of UroLift, and TFX's Manta large-bore closure device may face competition in the US by 2024. Matson predicts potential business realignment, including divesting slower growth businesses and acquiring higher growth ones.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 6:13 pm

BLK

F

GM

RIVN

TSLA

Tesla's stock price increased significantly after news broke that Ford, General Motors, and Rivian will use Tesla's charging network, adding $50B to Tesla's market capitalization. Investors are questioning if any analysis was done before risking their money. Meanwhile, BlackRock filed for a Bitcoin ETF, causing enthusiasm in the cryptocurrency.

Portfolio Pulse from The Arora Report

June 21, 2023 | 6:09 pm