Streetbeat News

Stock Prices

MRK

Unusual options activity has been detected for Merck & Co (NYSE:MRK), with a significant bearish sentiment among large investors. Benzinga's options scanner identified 8 uncommon trades, split evenly between puts and calls, with a total bearish sentiment. The price range targeted by these trades is between $85.0 and $130.0. Merck's current stock price is $115.23, with a slight decrease of 0.01%. An analyst from Cantor Fitzgerald has lowered the rating to Overweight with a price target of $155.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 7:35 pm

WSM

Investors have taken a predominantly bearish stance on Williams-Sonoma (NYSE:WSM) through options trading, with 75% of trades being puts. The stock is currently trading at $144.19, up 6.13%, but analysts have mixed ratings with target prices ranging from $140 to $170.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 7:35 pm

AXP

American Express (NYSE:AXP) has outperformed the market over the past 5 years, achieving an average annual return of 16.72%. A $1000 investment in AXP 5 years ago would now be worth $2,192.62, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 7:33 pm

GE

GE Aero (NYSE:GE) has significantly outperformed the market over the past 5 years, with an annualized return of 30.72%. A $1000 investment in GE 5 years ago would now be worth $3,808.39, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 7:33 pm

SPGI

Unusual options activity has been observed for S&P Global (SPGI), with a significant bearish sentiment among major investors. This could indicate insider information. The stock is currently priced at $519.16, with analysts maintaining an overweight rating and price targets between $564 and $610.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 7:24 pm

MO

Recent options trading trends in Altria Group (NYSE:MO) show a significant increase in activity, with a mix of bullish and bearish sentiments. Wealthy investors or institutions are taking positions, indicating potential upcoming developments. Analysts have mixed ratings on Altria, with price targets ranging from $41 to $57.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 7:24 pm

MPW

Medical Properties Trust (MPW) faces potential earnings dilution despite new tenant leases. Colliers Securities upgraded MPW to a Buy with a $6.5 target, while Truist Securities raised its target to $6 but maintained a Hold rating. A global settlement with Steward Health Care covers 23 hospitals, with new leases expected to generate $160 million annually by Q4 2026. However, refinancing activities may dilute earnings, with a projected 39.9% decline in FFO per share in 2024.

Portfolio Pulse from Lekha Gupta

September 13, 2024 | 7:21 pm

ASTS

AST SpaceMobile shares are experiencing a surge in trading volume and price following the recent successful launch of their Bluebird satellite.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:19 pm

DJT

META

Trump Media & Technology Group shares surged after former President Donald Trump confirmed he is not selling his shares or leaving Truth Social. Despite recent lows, Trump reassured investors of his commitment to the platform, attributing stock declines to SEC issues and speculation about his departure.

Portfolio Pulse from Chris Katje

September 13, 2024 | 7:13 pm

GDEV

GDEV shares are trading higher following the announcement of an offering of 1.757 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:12 pm