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ADI

Benzinga's options scanner identified significant options activity on Analog Devices (NASDAQ:ADI), with a cumulative value of $481,292. The trading activity suggests a price target range of $225.0 to $240.0. The stock is currently trading at $229.76, up by 2.31%, with an RSI indicating it may be approaching overbought territory. Analysts have set an average target price of $250.0.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 8:03 pm

AMC

SONY

AMC Entertainment Holdings (NYSE:AMC) is set to release a new concert film featuring Usher, titled 'Usher: Rendezvous In Paris,' in collaboration with Trafalgar Releasing and Sony Music Vision, a unit of Sony Group Corp (NYSE:SONY). The film will be shown in over 2,000 theaters globally, including 1,000 in the U.S., from September 12 to 15. This move follows successful concert films from Taylor Swift and Beyoncé, potentially adding a new revenue stream for AMC.

Portfolio Pulse from Chris Katje

July 31, 2024 | 8:01 pm

ECL

13 analysts have shared their evaluations of Ecolab (NYSE:ECL) over the past three months, with a mix of bullish and bearish perspectives. The average 12-month price target has increased to $264.15 from $254.58. Ecolab has shown strong financial performance with notable revenue growth, net margin, ROE, and ROA, but has a higher debt-to-equity ratio than industry averages.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 8:01 pm

AX

Axos Financial (NYSE:AX) has been analyzed by four analysts over the past three months, showing a range of perspectives from somewhat bullish to indifferent. The average 12-month price target has increased by 18.25% to $81.0. Analysts from Raymond James, Wedbush, Piper Sandler, and Keefe, Bruyette & Woods have raised their price targets, reflecting positive sentiment. Axos Financial has shown strong financial performance with notable revenue growth, high net margin, and efficient debt management.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 8:00 pm

HURN

Huron Consulting Group (NASDAQ:HURN) has received diverse analyst ratings over the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $133.71, slightly down from the previous $137.67. Analysts have maintained their ratings, with price targets ranging from $110.00 to $140.00. The company has shown strong financial performance, particularly in revenue growth and net margin, but has a lower ROE compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 8:00 pm

ALXO

Trading for ALX Oncology Holdings Inc. (ALXO) was halted at 4:00:10 p.m. ET pending news. Investors are awaiting further information to understand the reason behind the halt.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:00 pm

QQQ

UUP

Federal Reserve Chair Jerome Powell indicated that a rate cut could be on the table for the September meeting if inflation and the labor market perform as expected. The Fed held the interest rate steady at 5.25-5.5% in July. Powell's comments led to a rise in stocks and gold, while the dollar fell.

Portfolio Pulse from Piero Cingari

July 31, 2024 | 7:48 pm

BAC

Market whales have shown a bullish stance on Bank of America (NYSE:BAC) with significant options trading activity. The trades include 11 puts and 16 calls, with a total trade value of $1,749,659. Analysts have mixed ratings, with price targets ranging from $40 to $49. BAC's stock is currently neutral with an RSI indicator and is down 2.33% at $40.32.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 7:47 pm

CMG

Recent options activity for Chipotle Mexican Grill (NYSE:CMG) shows a mixed sentiment among investors, with a slight bearish tilt. Analysts maintain mostly positive ratings with price targets ranging from $56 to $69.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 7:47 pm

FFIE

Faraday Future shares are trading higher after the company announced it regained Nasdaq compliance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:47 pm