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FCX

Recent options trading activity for Freeport-McMoRan (NYSE:FCX) shows a bullish trend among investors, with a significant volume of calls over puts indicating expectations of a price range between $36.0 to $60.0. The company, a major international mining firm, has seen its stock price increase by 1.82% to $50.87. Analysts have set an average price target of $52.8, with ratings ranging from Neutral to Buy. The next earnings report is expected in 70 days.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:17 pm

HD

Deep-pocketed investors have shown a significant interest in Home Depot (HD), with a mix of bullish and bearish sentiments based on options trading data. The options activity suggests a price window of $200.0 to $360.0 for HD. The company, being the world's largest home improvement retailer, has seen its stock price increase by 1.75%, with an earnings announcement expected in 5 days. Professional analysts have set an average price target of $396.75, with ratings ranging from Buy to Market Perform.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:17 pm

PAL

Proficient Auto Logistics (PAL) IPO was priced at $15/share for 14.33 million shares, but is indicating an opening price of $14.48/share on 393,804 shares.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:15 pm

NDLS

Noodles & Company's stock price increased following the announcement of their Q1 adjusted EPS results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:15 pm

SVCO

Silvaco Group's IPO was priced at $19 per share, with an indication of $21 per share for 540,250 shares out of the total 6 million shares offered.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:15 pm

BRC

BRC shares are trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:12 pm

RAPT

RAPT Therapeutics shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:11 pm

BYND

BMO Capital analyst Andrew Strelzik has maintained a Market Perform rating on Beyond Meat (NASDAQ:BYND) and lowered the price target from $10 to $9.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:10 pm

CPOP

Pop Culture Group Co., Ltd (NASDAQ:CPOP) shares surged after the company reported a significant year-on-year revenue growth of 113% for the second half of 2023, with consolidated revenues reaching approximately $24 million. The company also transitioned from a gross deficit to a profit, highlighting operational improvements. Future growth is expected from involvement in film, television projects, and the staging of the 'Superstar Concert' series. The company anticipates further development in entertainment and street dance sectors, especially with street dance joining the Olympic Games in 2024.

Portfolio Pulse from Erica Kollmann

May 09, 2024 | 3:09 pm

USFD

US Foods Holding Corp (NYSE:USFD) reported Q1 FY24 sales growth of 4.8% Y/Y to $8.95 billion, surpassing analyst estimates. Adjusted EPS was $0.54, beating expectations. The company reaffirmed its FY24 outlook, expecting adjusted EPS of $3.00-$3.20 and revenue of $37.5-$38.5 billion. Shares rose 4.98% to $54.99. US Foods also completed the acquisition of IWC Food Service for about $220 million.

Portfolio Pulse from Shivani Kumaresan

May 09, 2024 | 3:09 pm