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WFC

Deep-pocketed investors have shown a bearish sentiment towards Wells Fargo (NYSE:WFC), with a significant move in options trading detected by Benzinga's options scanner. The activity includes 8 extraordinary options activities, with a mix of bullish and bearish sentiments, but with a heavier lean towards bearish (50%). The options trading suggests an expected price window for WFC between $25.0 to $62.5. The largest trades include both calls and puts with varying sentiments and strike prices, indicating a complex view on the stock's future movement. Wells Fargo's current stock price is down by -0.6%, with a trading volume of 3,190,470 and an RSI indicating it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 2:45 pm

UDR

UBS analyst Michael Goldsmith upgrades UDR, a real estate investment trust, from Neutral to Buy and increases the price target from $38 to $44.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:45 pm

LMT

Lockheed Martin Corp (NYSE:LMT) reported a 13.7% increase in Q1 net sales to $17.195 billion, with EPS of $6.33, slightly down from $6.43 YoY but above expectations. The stock shows signs of a bullish trend with a potential Golden Cross indicator. Analysts have a neutral rating but see a 10%+ upside, with a consensus target of $503.67.

Portfolio Pulse from Surbhi Jain

April 25, 2024 | 2:43 pm

MORN

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

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:41 pm

GGG

Graco Inc. shares are trading lower due to the company reporting worse-than-expected financial results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:39 pm

FCNCA

First Citizens BancShares' stock is trading higher following the announcement of their Q1 adjusted EPS results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:38 pm

RCL

A Royal Caribbean executive reported during a conference call that weekly bookings have significantly outpaced those of the previous year, despite having less inventory available for sale.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:34 pm

MRVL

Deep-pocketed investors have shown a bearish sentiment towards Marvell Tech (NASDAQ:MRVL), with options trading data revealing a significant move. Benzinga's options scanner detected 13 extraordinary activities, indicating a divided sentiment among investors: 38% bullish and 53% bearish. The trading activity suggests a target price range of $60.0 to $70.0 for MRVL in the next three months. Notable options activity includes both calls and puts with varying sentiments and strike prices. Marvell Technology, a leading fabless chip designer, has seen its stock price increase by 1.03% to $65.52. Analysts have mixed opinions, with an average target price of $89.4, ranging from $85 to $95.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 2:31 pm

RIOT

Deep-pocketed investors have shown a bullish sentiment towards Riot Platforms (NASDAQ:RIOT), with options activity suggesting a target price range of $10.0 to $25.0. The analysis of options trading, including both calls and puts, indicates a mixed sentiment but leans more towards bullish. Riot Platforms, a Bitcoin mining company, has seen its stock price decrease by -3.45%, with an upcoming earnings report in 13 days. Analysts have set an average price target of $19.2, with varying ratings from 'Buy' to 'Overweight'.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 2:31 pm

BA

SPR

S&P forecasts a significant increase in Boeing's 2025 deliveries, with further improvements expected thereafter. The re-integration of Spirit AeroSystems is anticipated to enhance product quality over the long term. However, a negative outlook on Boeing is maintained, primarily due to the risk that MAX production and delivery increases may lag behind expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:26 pm