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Stock Prices

DASH

Over the past three months, 27 analysts have provided varied opinions on DoorDash (NASDAQ:DASH), with recent ratings showing a shift towards more bullish views. The average 12-month price target for DASH has been raised to $141.41, indicating an 18.96% increase from the previous target. Analysts from firms like Oppenheimer, Loop Capital, and Deutsche Bank have adjusted their price targets and ratings, reflecting optimism about DoorDash's market position and financial performance. Despite challenges in profitability and asset utilization, DoorDash's market capitalization and revenue growth outperform industry averages.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 6:00 pm

CARR

Carrier Global's stock price increased following TD Cowen's decision to maintain a Buy rating and raise its price target from $66 to $70.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 5:59 pm

BTCUSD

ETHUSD

Cryptocurrency analyst Benjamin Cowen predicts further bearish momentum for Ethereum (ETH) against Bitcoin (BTC), suggesting the ETH/BTC ratio's bottom is still months away, likely pending a Federal Reserve policy pivot. Despite a recent market pump, Cowen draws parallels to 2019's pre-rate cut scenario, indicating a potential short-lived rally. Ethereum has seen a 6.66% increase against Bitcoin in the past week but is down over longer periods. The analysis underscores the impact of macroeconomic factors on cryptocurrencies.

Portfolio Pulse from Khyathi Dalal

April 29, 2024 | 5:58 pm

DPZ

Domino's Pizza Inc (NYSE:DPZ) reported a strong start to FY24 with a 6% year-on-year sales growth to $1.085 billion, surpassing analyst expectations. EPS of $3.58 also beat estimates, attributed to better supply chain margin, lower interest expense, and lower income tax, despite investment losses in DPC Dash (Domino's China). U.S. same-store sales grew by 5.6%, with order count growth across all income cohorts. DPZ ended the quarter with 20,755 global locations, a 3.7% increase. Shares rose 4.39% to $521.00.

Portfolio Pulse from Shivani Kumaresan

April 29, 2024 | 5:57 pm

ANVS

Annovis Bio Inc (NASDAQ:ANVS) shares plummeted after releasing Phase 2/3 study data for buntanetap in Alzheimer's patients, showing no statistically significant difference in ADCS-CGIC scores and a large placebo effect in ADCS-ADL scores. However, improvements were observed in ADAS-Cog 11 scores, indicating a potential symptomatic effect with a disease-modification trend. The company plans to discuss the data with the FDA and proceed to a next Phase 3 study.

Portfolio Pulse from Vandana Singh

April 29, 2024 | 5:53 pm

SMCI

Super Micro Computer shares are trading higher ahead of its Q3 earnings report tomorrow.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 5:49 pm

HUM

Deep-pocketed investors have shown a bearish sentiment towards Humana (NYSE:HUM), with a significant move in options trading detected by Benzinga. The analysis of options activity reveals a divided sentiment, with a notable lean towards bearish positions. The trading volume and open interest suggest a targeted price range for HUM between $295.0 and $500.0. Recent professional analyst ratings offer mixed views, with an average target price of $357.6. The current trading price of HUM is $303.54, with the stock showing a neutral RSI value.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 5:45 pm

ACB

CGC

MSOS

TLRY

Traders are closely watching marijuana stocks following comments from The TDR Podcast hinting at a potential imminent announcement related to marijuana legislation. The speculation is based on rumors and comments from pro-marijuana Democratic Senators suggesting the announcement could be as soon as today or tomorrow.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 5:41 pm

AMRK

BHF

COIN

FUTU

JPM

PRAA

PYPL

RILY

RKT

Today's session highlighted significant options activity in the Financials sector, with notable trades on US-listed companies PYPL, JPM, COIN, AMRK, RKT, C, PRAA, FUTU, RILY, and BHF. The activity ranged from bullish to bearish sentiments across various expiration dates and strike prices, indicating diverse market expectations and potential trading opportunities.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 5:35 pm

AMZN

BABA

DKNG

MBLY

NCLH

PDD

RIVN

SBUX

TSLA

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and divergences in market estimations of option values. Notable activities include bearish call option sweeps on TSLA, BABA, NCLH, JD, and RIVN, a bullish call on AMZN, bullish puts on DKNG and PDD, a neutral put on MBLY, and a bearish put on SBUX.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 5:35 pm