Streetbeat News

Stock Prices

URI

A whale investor has taken a bearish stance on United Rentals (NYSE:URI), with 65% of detected trades having bearish expectations. Whales have been targeting a price range of $385 to $440 for URI over the last 3 months. Morgan Stanley maintains an Equal-Weight rating with a price target of $428, while Credit Suisse downgraded its action to Outperform with a price target of $482.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:18 pm

NOW

Unusual options activity has been observed for ServiceNow (NYSE:NOW), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 20 uncommon options trades, with 80% being bearish and 20% bullish. The targeted price range for ServiceNow over the last 3 months is $200 to $670.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:18 pm

KBH

WFC

KB Home (NYSE:KBH) is expected to report Q2 earnings of $1.34 per share, a 42.24% drop YoY, and revenues of $1.42 billion, a 17.44% decrease YoY. Homebuilder sentiment is on the rise, with the Wells Fargo housing market index at 55 in May. However, challenges persist, particularly regarding access to builder and developer loans.

Portfolio Pulse from AJ Fabino

June 21, 2023 | 5:15 pm

TMUS

Unusual options activity has been observed in T-Mobile US (NASDAQ:TMUS), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 11 uncommon options trades, with 36% bullish and 63% bearish sentiment. Whales have been targeting a price range of $120 to $155 for T-Mobile US over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:05 pm

MSFT

Microsoft is raising the prices of its Xbox Series X consoles in most countries and increasing the monthly prices of its Xbox Game Pass and Xbox Game Pass Ultimate subscriptions starting next month. The price hikes are intended to match local market conditions and are not related to the proposed acquisition of Activision Blizzard.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 5:04 pm

TTOO

GSA Capital Partners LLP has increased its stake in T2 Biosystems to 10.7%, according to a recent 13G filing.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 5:03 pm

COHR

Northland Capital Markets downgraded Coherent (NYSE:COHR) to Market Perform with a price target of $45.00, up from $38.00. Shares of Coherent are trading down 13.79% over the last 24 hours, at $47.68 per share.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:03 pm

SPRY

ARS Pharmaceuticals (NASDAQ:SPRY) received four somewhat bullish ratings from analysts in the last quarter, with an average 12-month price target of $16.5, a 2.94% decrease from the previous average price target of $17.00.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:03 pm

FDX

Stifel maintains its Buy rating for FedEx (NYSE:FDX) but lowers its price target from $264.00 to $259.00. FedEx shares are currently trading down 1.91% at $227.23.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:02 pm

ULTA

Ulta Beauty (NASDAQ:ULTA) has received a mix of bullish and indifferent ratings from 26 analysts in the last quarter, with an average price target of $551.5, representing potential upside from the current price of $452.54.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:02 pm