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Stock Prices

AVB

AvalonBay Communities (NYSE:AVB) received mixed analyst ratings in the latest quarter, with 9 analysts offering their perspectives. The average 12-month price target for AVB has been adjusted to $196.06, up 1.15% from the previous $193.83. Analyst actions varied, with some maintaining their ratings, while others raised or lowered their price targets. AvalonBay's financial performance is strong, with a notable revenue growth rate of 5.23% and a high net margin of 34.1%. The company's market capitalization, revenue growth, net margin, ROE, ROA, and debt management indicate a robust financial health and operational efficiency.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 6:00 pm

CSCO

DIA

FCX

MRNA

NVDA

QQQ

SPY

Stocks fell ahead of key inflation data, with the S&P 500, Dow, and Nasdaq showing declines. Treasury yields dipped as bond demand rose, and gold prices reached new highs. Bitcoin saw a significant drop. Key ETFs like SPY, DIA, and QQQ moved lower, while specific stocks like NVDA, CSCO, MRNA, MP, and FCX experienced notable price movements due to various factors including analyst ratings and study results.

Portfolio Pulse from Piero Cingari

April 09, 2024 | 5:53 pm

ITA

MISL

RTX

RTX Corporation's shares are trading lower despite the announcement of its Pratt & Whitney unit's North American Technology Accelerator (NATA) in Florida, aimed at enhancing commercial and military aftermarket operations. NATA focuses on material restoration, process automation, and advanced repairs to reduce costs, environmental impact, and improve customer value. A significant initiative includes additive repairs for GTF engine parts, with an anticipation of reclaiming $100 million in parts over five years.

Portfolio Pulse from Nabaparna Bhattacharya

April 09, 2024 | 5:51 pm

MPC

Financial analysts have observed a significant bearish trend in options trading for Marathon Petroleum (NYSE:MPC), with 62% of trades showing bearish tendencies. The trading activity suggests a price target range between $200.0 and $280.0. The largest trades have been predominantly puts, indicating a bearish outlook. Marathon Petroleum, a major refiner, is currently trading at $216.9, slightly down by -0.04%. Analysts have issued mixed ratings, with a consensus target price of $203.2, suggesting a potential downside.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 5:45 pm

ALNY

ANNX

BIIB

COR

EXAS

GILD

JNJ

LLY

MRNA

NVAX

Today's session highlighted significant options activity in the Health Care sector, with notable movements in stocks like MRNA, EXAS, LLY, GILD, ANNX, JNJ, COR, NVAX, ALNY, and BIIB. The activity ranged from bearish to bullish sentiments across various expiration dates and strike prices, indicating diverse trading strategies by large investors or 'whales'. This options activity could signal upcoming volatility or shifts in these stocks, making them ones to watch for traders.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 5:35 pm

AMZN

DKS

EXPE

NCLH

PDD

RSI

TSLA

ULTA

Today's whale activity in the Consumer Discretionary sector highlighted significant options trading in stocks like TSLA, W, RSI, PDD, SN, NCLH, AMZN, DKS, ULTA, and EXPE. The trades varied in sentiment, with some showing bullish and others bearish outlooks, indicating diverse expectations for these stocks' future movements.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 5:35 pm

AAPL

AMD

CSCO

HCP

HUBS

INTC

MSFT

NVDA

RIOT

SNOW

Today's session highlighted significant whale activity in the options market for 10 Information Technology stocks, indicating potential trading opportunities. Notable activities include bullish calls on NVDA and bearish calls on INTC, with various sentiments across other stocks like AMD, RIOT, CSCO, HCP, HUBS, MSFT, SNOW, and AAPL. The activity suggests diverse market expectations and strategies among large investors.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 5:35 pm

LLY

NVO

Shares of Lilly (LLY) and Novo Nordisk (NVO) are trading lower due to reports that the EMA will discuss a potential link between GLP-1 drugs and suicidal thoughts. The broader market is also down in anticipation of upcoming inflation data.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 5:35 pm

ACB

CGC

Aurora Cannabis, Inc. (NASDAQ:ACB) and Canopy Growth Corporation (NASDAQ:CGC) shares are trading lower in response to Tilray Brands, Inc. (NASDAQ:TLRY) reporting worse-than-expected third-quarter results and revising its fiscal year 2024 outlook to no longer expect positive adjusted free cash flow. This downturn occurs despite recent optimism in the cannabis sector due to legalization in Germany and potential rescheduling in the U.S.

Portfolio Pulse from Erica Kollmann

April 09, 2024 | 5:30 pm

GFS

BofA Securities analyst Vivek Arya introduced MANGO, a semiconductor stock grouping including Marvell Technology (MRVL), Advanced Micro Devices (AMD), Analog Devices (ADI), Broadcom (AVGO), Nvidia (NVDA), GlobalFoundries (GFS), and On Semiconductor (ON). The grouping aims to highlight industry leaders. Nvidia and Broadcom lead in performance, while GlobalFoundries and Onsemi lag. ON Semiconductor and GlobalFoundries are identified as undervalued, with potential upsides of 18.35% and 12.27%, respectively, based on analyst price targets.

Portfolio Pulse from Surbhi Jain

April 09, 2024 | 5:28 pm