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Stock Prices

DE

A large investor has taken a bullish stance on Deere (NYSE:DE), with 80% of big-money traders being bullish and 20% bearish. Whales have been targeting a price range of $300 to $372.5 for Deere over the last 3 months. Analysts from Bernstein, Baird, Citigroup, Deutsche Bank, and Morgan Stanley have maintained their ratings on Deere with price targets ranging from $367 to $517.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 4:46 pm

FE

FirstEnergy's subsidiary, American Transmission Systems, has completed a $50 million transmission line upgradation project in eastern Ohio. The project will enhance service reliability, improve system resiliency, and adapt to rising electricity demand for Ohio Edison customers.

Portfolio Pulse from Lekha Gupta

June 02, 2023 | 4:46 pm

NEM

A large bearish position on Newmont (NYSE:NEM) has been observed, with 12 uncommon options trades spotted. The overall sentiment of these big-money traders is split between 41% bullish and 58% bearish. Whales have been targeting a price range from $35.0 to $47.5 for Newmont over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 4:45 pm

LULU

Lululemon Athletica Inc (NASDAQ:LULU) reported Q1 financial results that beat Street consensus estimates for both revenue and earnings per share. Analysts are upgrading their price targets after the quarterly results. The company saw strong growth in both stores and e-commerce, with strong traffic growth of 30% in both channels.

Portfolio Pulse from Chris Katje

June 02, 2023 | 4:45 pm

GAMI

TDS

GAMCO Investors, which owns approximately 4.3% of Telephone and Data Systems (TDS), sent a letter to TDS's CEO expressing concerns about the company's performance and considering nominating directors at the next shareholder meeting.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 4:40 pm

MBOT

Microbot Medical Inc. (NASDAQ:MBOT) announces a registered direct offering of 701,756 shares of common stock at $2.1375/share, priced at-the-market under Nasdaq rules. The company will also issue unregistered series C preferred investment options in a concurrent private placement. The closing is expected on June 6, 2023.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 4:38 pm

ACM

Shares of several industrials companies are trading higher due to economic optimism following the US Senate's passage of a debt limit bill and strong US jobs data.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 4:37 pm

DASH

LYFT

UBER

Uber, Lyft, and DoorDash will reimburse California gig workers for unpaid vehicle expenses between 2022-2023 due to a provision in Proposition 22. The companies are making back payments to avoid potential class-action lawsuits.

Portfolio Pulse from Anusuya Lahiri

June 02, 2023 | 4:35 pm

LIXT

LIXTE Biotechnology Holdings, Inc. (NASDAQ:LIXT) announced a 1-for-10 reverse stock split of its common stock, effective on June 5, 2023. The move aims to increase the per share trading price and bring the company into compliance with Nasdaq's minimum bid price requirement for continued listing.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 4:32 pm

CZR

EXPE

H

LVS

MAR

MGM

PENN

RCL

WYNN

Travel, hotel, and leisure stocks are trading higher due to overall market strength following the Senate's passage of a US debt limit bill and strong US jobs data.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 4:32 pm