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MRK

Goldman Sachs discussed with Merck's President of Human Health International, Joe Romanelli, about Gardasil's performance and future outlook in China. Despite challenges in the Chinese vaccine market and operational issues with partner Zhifei, Merck remains confident in achieving over $11 billion in Gardasil sales by 2030. Goldman Sachs reiterates a Buy rating on Merck.

Portfolio Pulse from Vandana Singh

August 05, 2024 | 6:25 pm

BA

ITA

MISL

SPR

Boeing shares are trading lower as executives from Boeing and Spirit AeroSystems are set to testify at an NTSB hearing regarding a Boeing 737-9 MAX incident. Despite recent challenges, Goldman Sachs remains optimistic about Boeing's future cash flow and production rates, reiterating a Buy rating but lowering the price target. Boeing's stock has declined 30% in the past year.

Portfolio Pulse from Lekha Gupta

August 05, 2024 | 6:24 pm

OPEN

Opendoor Technologies (NYSE:OPEN) has seen a 5.94% increase in its short percent of float, now at 15.33%. This indicates a bearish sentiment among investors. The company's short interest is higher than its peers, which average 5.39%. It would take traders 5.22 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:15 pm

HRB

H&R Block's short interest has decreased by 5.05%, with 9.94 million shares sold short, representing 12.03% of its float. This is higher than the peer group average of 5.76%. It would take traders 10.57 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:15 pm

AAPL

AVGO

BRK

TSM

Warren Buffett's Berkshire Hathaway has significantly reduced its Apple Inc (AAPL) holdings, selling nearly half of its shares over the first two quarters of 2024. Despite this, Apple remains Berkshire's largest public holding. Other hedge funds have mixed reactions: Jennison Associates and William Jones Wealth Management increased their Apple positions, while Coatue Management and Cerity Partners reduced theirs.

Portfolio Pulse from Aaron Bry

August 05, 2024 | 6:05 pm

CACI

Caci International shares are trading lower after Raymond James downgraded the stock from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 6:01 pm

MO

Recent options activity for Altria Group (NYSE:MO) shows a significant bearish sentiment among large investors, with 50% of trades being bearish. The stock is currently trading at $49.16, down by 3.74%. Analysts have mixed ratings with target prices ranging from $48 to $54.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:01 pm

THC

Investors with significant capital have taken a bearish stance on Tenet Healthcare (NYSE:THC), as observed through options trading activity. Benzinga's options scanner detected 14 trades, with a split sentiment of 35% bullish and 42% bearish. The trading activity suggests a price range of $135.0 to $160.0 for THC over the next three months. The stock is currently up 3.39% at $146.56, with RSI indicators hinting at an overbought condition. Analysts have mixed ratings, with target prices ranging from $112 to $175.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:01 pm

DDOG

Financial giants have shown a bullish interest in Datadog (NASDAQ:DDOG) through significant options trading. Analysis reveals 11 unusual trades with a mix of puts and calls, indicating a price range expectation of $85.0 to $120.0. The stock is currently down by -1.72% at $105.41, with an upcoming earnings report in 3 days. Expert opinions are mixed but generally positive, with target prices ranging from $143 to $155.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:00 pm

DHX

DHI Group (NYSE:DHX) has been analyzed by 4 analysts in the last three months, all of whom have given a 'Somewhat Bullish' rating. The average 12-month price target is $7.00, unchanged from previous estimates. Despite a decline in revenue and net margin, the company shows strong ROE and ROA, and maintains a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:00 pm