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Stock Prices

PARA

Deep-pocketed investors have shown a bullish sentiment towards Paramount Global (NASDAQ:PARA), with a significant move in options activity detected by Benzinga. The activity includes 16 extraordinary options trades, with a bullish majority aiming for a price range of $10.0 to $18.0 in the next three months. Paramount Global, a major player in TV media, filmed entertainment, and direct to consumer segments, is currently trading up by 1.54% at $12.56. The company's anticipated earnings release is in 27 days, and its stock may be approaching overbought territory according to RSI readings.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 6:01 pm

COST

Recent options trading activity for Costco Wholesale (NASDAQ:COST) indicates a mixed sentiment among big-money investors, with a bearish lean. Benzinga's options scanner revealed 21 unusual trades, showing a split sentiment of 42% bullish and 57% bearish. Significant trades include both calls and puts with strike prices ranging from $360 to $1140. Costco's current market status shows a 1.41% increase in stock price to $714.82, with neutral RSI indicators. Analyst ratings over the last 30 days have set an average price target of $788, with varying recommendations from Buy to Accumulate.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 6:00 pm

MSTR

MicroStrategy (NASDAQ:MSTR) has received mixed analyst ratings over the last quarter, with a shift towards bullish sentiment in the last 30 days. The 12-month price targets show a significant upward trend, with an average target of $1686.0, indicating a 48.71% increase from the previous average. Financial analysis reveals challenges in revenue growth and debt management but strengths in net margin and ROE. The company's market position and future outlook are influenced by these factors and analyst ratings.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 6:00 pm

PXD

Pioneer Natural Resources (NYSE:PXD) was analyzed by 6 analysts, all maintaining an 'Indifferent' stance over the last quarter, with no change in sentiment in the last 30 days. The 12-month price target for PXD has been raised to an average of $258.33, indicating a 2.79% increase from the previous target. Analysts from firms like Truist Securities, Mizuho, Susquehanna, and Stifel have adjusted their price targets, reflecting their response to market conditions and company performance. Despite facing challenges in revenue growth and below-average net margin and ROE, PXD's prudent debt management and substantial market capitalization are notable.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 6:00 pm

BTTR

Shares of Better Choice Company (BTTR) were halted due to a circuit breaker triggered by a rapid increase, with the stock now up 68%. This significant surge in stock price indicates a strong market reaction, possibly due to positive news or developments related to the company.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:00 pm

PG

Procter & Gamble (NYSE:PG) has initiated a voluntary recall of approximately 8.2 million units of Tide Pods, Gain Flings, Ace Pods, and Ariel Pods in the U.S. due to a packaging flaw that could lead to potential injury if ingested. The recall affects products manufactured between September 2023 and February 2024. Despite no confirmed injuries, there have been four reports of children accessing the packets. PG is offering refunds and replacement child-resistant bags. PG shares rose 0.58% to $156.35 following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

April 05, 2024 | 6:00 pm

AIEQ

WOLF

XSD

Mizuho analyst Vijay Rakesh initiated coverage on Wolfspeed Inc (NYSE:WOLF) with a Neutral rating and a price target of $30, citing competitive pressures and a slowdown in the EV market as potential challenges. Despite Wolfspeed's leading position in the Silicon Carbide (SiC) market, increased competition and capacity expansions could lead to pricing pressures and margin challenges. Wolfspeed's stock has lost over 54% in value in the last 12 months. Investors can also gain exposure to Wolfspeed through SPDR S&P Semiconductor ETF (NYSE:XSD) and Amplify ETF Trust Amplify AI Powered Equity ETF (NYSE:AIEQ).

Portfolio Pulse from Anusuya Lahiri

April 05, 2024 | 5:53 pm

ANGO

AngioDynamics' stock price increased following an upgrade from Oppenheimer, moving from Perform to Outperform with a new price target of $12.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 5:53 pm

DIA

IWM

QQQ

SPY

Stocks rebounded with major indexes higher after Thursday's dip, driven by March job growth figures surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 5:45 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares have fallen over 30% in the past five days amid concerns over its financial health and a request for a probe into its merger with Digital World Acquisition. The Congressional Integrity Project has asked for an investigation into potential influence peddling and corruption. Trump Media reported a revenue of $4.13 million for 2023 but warned of ongoing financial losses and negative cash flows.

Portfolio Pulse from Erica Kollmann

April 05, 2024 | 5:41 pm