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Stock Prices

ABBV

A whale has taken a bearish stance on AbbVie (NYSE:ABBV), with 58% of detected unusual options trades being bearish. Whales have been targeting a price range of $70 to $155 for AbbVie over the last 3 months. The stock is currently down 0.79% at $136.47, and RSI indicators suggest it may be oversold.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:15 pm

SPY

Richmond Fed President Barkin stated that he is looking for signs that demand is falling, which could impact the overall market sentiment.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:14 pm

SHY

The implied odds of a Federal Reserve rate increase in June have increased, with a 60% probability of a 25-basis-point hike to 5.25%-5.5%. The preliminary debt ceiling deal, higher-than-expected PCE inflation, and hawkish Fed statements contribute to this expectation. The Ishares 1-3 Year Treasury Bond ETF (NYSE:SHY) has lost nearly 1% over the past two weeks.

Portfolio Pulse from Piero Cingari

May 30, 2023 | 5:07 pm

NVDA

SOUN

Soundhound AI shares are trading higher following NVIDIA's achievement of a $1 trillion market cap, boosting momentum in the AI sector.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 5:07 pm

PCTY

Paylocity Holding (NASDAQ:PCTY) has received mixed ratings from 9 analysts in the last quarter, with an average price target of $243.0, implying an upside from the current price of $172.34. The average price target has decreased by 7.46% from the previous average of $262.60.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:06 pm

CRWD

In the last 3 months, 24 analysts have provided 12-month price targets for CrowdStrike Holdings (NASDAQ:CRWD), with an average target of $168.88. The average price target has increased by 12.09% over the past month.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:06 pm

BAX

In the last 3 months, 9 analysts have offered 12-month price targets for Baxter Intl (NYSE:BAX), with an average price target of $49.56, up 5.45% from the previous average of $47.00. The company has received 1 bullish, 3 somewhat bullish, and 5 indifferent ratings in the last quarter.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:04 pm

DDOG

A whale has taken a bearish stance on Datadog (NASDAQ:DDOG), with 57% of recent unusual options activity being bearish. Of the 14 strange trades detected, 9 are puts totaling $1,160,133 and 5 are calls totaling $207,124. Whales have been targeting a price range of $80 to $120 for Datadog over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:04 pm

VRTX

Analysts have provided various ratings for Vertex Pharmaceuticals (NASDAQ:VRTX) within the last quarter, with an average price target of $367.13, implying an upside from the current price of $323.24. The current average has increased by 13.81% from the previous average price target of $322.58.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:03 pm

ADBE

A large bearish position on Adobe (NASDAQ:ADBE) has been spotted, with 67% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $250 to $610 for Adobe over the last 3 months. RBC Capital downgraded its action to Outperform with a price target of $415.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:03 pm