Streetbeat News

Stock Prices

LCII

LCI Industries' stock has been downgraded from Neutral to Underperform by DA Davidson, who also lowered its price target from $113 to $91. This has resulted in a decrease in the trading price of LCI Industries shares.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 2:45 pm

TTOO

T2 Biosystems, Inc. (NASDAQ:TTOO) shares are up significantly, despite being down nearly 37% over the last month. The company will report its preliminary Q3 financial results on Oct. 12. A significant holder of T2 Biosystems stock, CR Group L.P., sold more than 28 million TTOO shares at the end of September. The stock is currently trending on Yahoo! Finance with more than 43 million shares traded in the session, compared to the 100-day average of 115.928 million shares.

Portfolio Pulse from Erica Kollmann

October 06, 2023 | 2:41 pm

MDLZ

Mondelez International Inc's (MDLZ) shares are trading lower by 5.6% due to potential impact of weight-loss drugs on food sales as suggested by Walmart. The shift towards health-consciousness and weight management could reduce demand for snacks and treats produced by Mondelez. Rising yields could also negatively impact dividend stocks like Mondelez, leading to a potential shift of investments away from such stocks.

Portfolio Pulse from Henry Khederian

October 06, 2023 | 2:40 pm

ADM

GROV

IH

SANW

STG

The article identifies five value stocks in the consumer defensive sector, namely iHuman (IH), Sunlands Technology (STG), Archer-Daniels Midland (ADM), Grove Collaborative Hldgs (GROV), and S&W Seed (SANW). All these companies have low P/E multiples, indicating they may be undervalued. However, all of them have seen a decrease in their earnings per share recently.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:40 pm

CF

CX

LXU

SUZ

X

Benzinga Insights has identified five value stocks in the basic materials sector that may be worth watching: Suzano (SUZ), Cemex (CX), United States Steel (X), LSB Industries (LXU), and CF Industries Holdings (CF). The selection is based on low P/E multiples, indicating potential undervaluation. Recent earnings per share and dividend yield changes for each company are also reported.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:39 pm

CWEN

Bank of America Securities has upgraded Clearway Energy's stock from Neutral to Buy, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 2:34 pm

COST

A significant bearish stance has been taken on Costco Wholesale (NASDAQ:COST) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is 84% bearish, with 12 puts amounting to $588,144 and 1 call amounting to $27,820. Whales have been targeting a price range from $530.0 to $575.0 for Costco Wholesale over the last 3 months. The current price of COST is $567.8, down by 0.3%. Analysts from B of A Securities, Raymond James, and Deutsche Bank maintain their Buy rating on Costco, while Telsey Advisory Group downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:31 pm

PEP

A significant bearish stance has been taken on PepsiCo (NASDAQ:PEP) by a large investor or institution, as indicated by a large position in options. The sentiment among these big-money traders is split, with 45% bullish and 54% bearish. The whales have been targeting a price range from $140.0 to $180.0 for PepsiCo over the last 3 months. Barclays maintains an Overweight rating on PepsiCo with a price target of $179.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:31 pm

LLY

A significant bullish stance has been taken on Eli Lilly (NYSE:LLY) as evidenced by unusual options activity. The activity includes 15 uncommon options trades, with 53% bullish and 46% bearish sentiment. The whales have been targeting a price range from $500.0 to $570.0 for Eli Lilly over the last 3 months. Cantor Fitzgerald has downgraded its action to Overweight with a price target of $630.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:30 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, TSLA, META, and GOOGL. The memo provides price levels for each stock, which are determined by a proprietary formula that takes into account price, volume, and options flow. The memo advises traders to monitor these stocks closely and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

October 06, 2023 | 2:28 pm