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RTX

A significant bearish stance has been taken on Raytheon Technologies Corporation (NYSE:RTX) by a large investor, as observed in the options history. The sentiment among these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $60.0 to $75.0 for RTX over the last 3 months. The current price of RTX is $73.33. Analysts from JP Morgan, Morgan Stanley, Alembic Global, RBC Capital, and DZ Bank have given their ratings and price targets for RTX.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 8:33 pm

GM

A significant amount of unusual options activity has been observed for General Motors (NYSE:GM), with a majority of investors taking a bearish stance. The targeted price range for GM over the last 3 months has been between $25.0 and $35.0. The current price of GM is down by 1.43% at $31.03. Analysts from UBS, Citigroup, and Wells Fargo have maintained their Buy and Underweight ratings respectively, while CFRA has upgraded its action to Sell.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 8:33 pm

VSCO

Victoria's Secret has revised its Q3 net sales forecast, now expecting a decline of 3%-5% from its previous guidance for a decline in the low- to mid-single digit range.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 8:33 pm

GTH

Shares of Genetron Holdings Limited (GTH) have been halted ahead of news. The nature of the news is not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 8:31 pm

SPY

The Federal Reserve released the September meeting minutes, indicating a possible end to the interest rate hike cycle. Economists, including Jeffrey Roach from LPL Financial and Bill Adams from Comerica Bank, believe the Fed will proceed carefully with future decisions, potentially pausing rate hikes. The ongoing conflict in the Middle East and its impact on oil prices could influence these decisions. Despite the geopolitical uncertainty, the SPDR S&P 500 Trust ETF (NYSE:SPY) has risen nearly 2%.

Portfolio Pulse from Aaron Bry

October 11, 2023 | 8:29 pm

VTLE

Vital Energy's Q3 total production averaged approximately 101.3 MBOE/d, surpassing the guidance of 94.0 - 98.0 MBOE/d. The company's total and oil production exceeded outlook with capital investments below the low end of guidance.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 8:24 pm

ISRG

A significant bearish stance has been taken on Intuitive Surgical (NASDAQ:ISRG) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 35% bullish and 65% bearish. The price of ISRG is down -5.29% at $282.07, and RSI indicators suggest the stock may be approaching oversold. The next earnings are expected to be released in 8 days.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 8:16 pm

BABA

A significant number of investors have taken a bearish stance on Alibaba Group Holding (NYSE:BABA), with 60% of detected trades showing bearish expectations. The targeted price range for Alibaba over the last 3 months is from $65.0 to $265.0. The current price of BABA is up 0.75% at $87.82. Benchmark has downgraded its action to Buy with a price target of $180.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 8:16 pm

LMT

A significant amount of unusual options activity has been observed for Lockheed Martin (NYSE:LMT), with a roughly equal split between bullish and bearish expectations. The trades have targeted a price range of $360 to $500 over the last three months. Deutsche Bank, Wells Fargo, and UBS have recently updated their ratings and price targets for LMT. The stock's current price is $436.65, up 0.36%, and it may be approaching overbought territory according to RSI indicators.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 8:16 pm

RGF

The Real Good Food Company, Inc. (NASDAQ:RGF) shares dropped after the company reported preliminary Q3 results and issued full-year and Q4 revenue guidance below estimates. The company also announced the commencement of a public offering. Full-year 2023 revenue is expected to be between $185 million and $194 million, versus the $202.35 million estimate. Shares of RGF were down 26.1% at $2.29.

Portfolio Pulse from Ryan Gustafson

October 11, 2023 | 8:11 pm