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Stock Prices

NEP

NextEra Energy Partners' shares are trading lower after Morgan Stanley maintained an Equal-Weight rating on the stock but lowered its price target from $65 to $31.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:53 pm

SYM

Goldman Sachs has maintained a Neutral rating for Symbotic but lowered its price target from $41 to $36. This has led to a decrease in Symbotic's share price.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:50 pm

GETY

Getty Images Holdings' stock has been downgraded from Buy to Neutral by Redburn Atlantic, which also set a price target of $6. This has led to a decrease in the trading price of Getty Images' shares.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:48 pm

CTRYY

EGRNF

LNGPF

Shares of China Evergrande Group Limited (OTC:EGRNF) surged after it resumed trading in Hong Kong, sparking speculation of a potential bailout. The company's real estate subsidiary also resumed trading. Analysts caution that the price increase is driven by speculation rather than fundamental news. The Chinese government reportedly has around $500 billion on hand to assist developers if required. Evergrande's EV maker subsidiary was not allowed to resume trading. The company's future is contingent on the decision reached by a group of secret creditors who hold $15 billion of offshore bonds.

Portfolio Pulse from Daniel Harrison

October 03, 2023 | 3:47 pm

INTC

A significant bearish stance has been taken on Intel (NASDAQ:INTC) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 44% bullish and 55% bearish. The whales have been targeting a price range from $26.0 to $38.0 for Intel over the last 3 months. Roth MKM and Rosenblatt have downgraded their actions on Intel to Neutral and Sell respectively.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:46 pm

DLR

A significant bearish stance has been taken on Digital Realty Trust (NYSE:DLR) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $90.0 to $125.0 for DLR over the last 3 months. Truist Securities maintains their Buy rating on DLR, with a price target of $138.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:46 pm

MS

A whale investor has taken a bearish stance on Morgan Stanley (NYSE:MS), with 57% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $60.0 to $87.5 for Morgan Stanley over the last 3 months. The price of MS is down -0.92% at $79.67. RBC Capital and HSBC have downgraded their actions on Morgan Stanley, while Oppenheimer maintains their Outperform rating.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:46 pm

MSPR

MSP Recovery's Chief Legal Officer, Frank C. Quesada, has acquired 6,868,132 shares of the company's stock for approximately $1.5 million, according to a Form4 filing. This has led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:45 pm

K

KLG

Shares of WK Kellogg Co (NYSE:KLG) declined after its launch as a publicly-traded company following a separation from Kellanova (NYSE:K). Goldman Sachs analyst Jason English initiated coverage of WK Kellogg with a Sell rating and a price target of $11, citing concerns about a long productivity ramp, front-loaded debt build, and a plant closure moratorium that expires in 2026.

Portfolio Pulse from Priya Nigam

October 03, 2023 | 3:43 pm

SDC

SmileDirectClub (SDC) has received notice that its securities will be delisted from the Nasdaq, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:42 pm