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FDX

Deep-pocketed investors have shown a bearish sentiment towards FedEx (NYSE:FDX) through significant options trading activities. Benzinga's options scanner highlighted 24 extraordinary options activities, with 50% of the sentiment being bearish. The price range eyed by these investors is between $230.0 and $310.0. FedEx's current stock price is $249.34, up by 1.18%, with an anticipated earnings release in 8 days. Analysts have mixed ratings, with price targets ranging from $275 to $333.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:01 pm

LEN

Whales have shown a bullish stance on Lennar (NYSE:LEN) with significant options trading activity. 42% of trades were bullish and 42% bearish, with a focus on a price range of $130 to $170. Lennar's stock is currently at $156.53, up 0.92%. An analyst from Wedbush downgraded the stock to Underperform with a target price of $144.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:01 pm

SCHW

Analysts have provided mixed ratings for Charles Schwab (NYSE:SCHW) over the past three months, with a blend of bullish and bearish perspectives. The average 12-month price target is $80.58, reflecting a 2.77% increase from the previous average. Despite a recent revenue decline, the company shows strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

PKG

Over the past three months, 5 analysts have evaluated Packaging Corp of America (NYSE:PKG), with a mix of bullish and neutral ratings. The average 12-month price target has increased to $192.6, with a high estimate of $208.00 and a low estimate of $181.00. Recent analyst actions include rating upgrades and price target adjustments, reflecting positive sentiment towards the company's market performance and financial health.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

DKS

Dick's Sporting Goods (NYSE:DKS) has significantly outperformed the market over the past 5 years, with an average annual return of 46.19%. A $100 investment in DKS 5 years ago would now be worth $672.06.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

INTU

Intuit (NASDAQ:INTU) has significantly outperformed the market over the past 15 years, delivering an average annual return of 22.9%. A $100 investment in INTU 15 years ago would be worth $2,208.15 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

VRTX

Analysts have provided mixed ratings for Vertex Pharmaceuticals (NASDAQ:VRTX) over the past three months, with a slight increase in the average 12-month price target. The company's financials show strong net margins and return on equity, but its revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

ADBE

IGPT

IGV

Adobe Inc (NASDAQ:ADBE) shares are trading lower after the U.S. Federal Trade Commission (FTC) accused the company and two executives of deceptive practices related to its subscription cancellation policies. The FTC alleges that Adobe did not clearly disclose early termination fees associated with its 'annual paid monthly' subscription plan, leading to consumer manipulation. Adobe has denied these claims and plans to refute them in court. The news has caused a 1.911% drop in Adobe's stock price.

Portfolio Pulse from Shivani Kumaresan

June 17, 2024 | 5:59 pm

DIS

NFLX

WBD

Disney's latest animated release, Inside Out 2, has achieved significant success with $300 million in global ticket sales during its debut weekend. This marks a strong comeback for Disney, which has several other major releases lined up. Additionally, Disney's streaming services, Disney+ and Hulu, reported their first quarterly profit, and a new streaming bundle with Warner Bros. aims to rival Netflix.

Portfolio Pulse from Upwallstreet

June 17, 2024 | 5:57 pm

FFIV

Hackers have been using malware targeting F5 Networks' BIG-IP devices to steal data stealthily for years, according to a report by BleepingComputer. This security breach could have significant implications for F5 Networks and its customers.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:42 pm