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SAVA

Cassava shares are trading lower after a federal jury indicted Hoau-Yan Wang for a grant fraud scheme, alleging he fabricated scientific data in grant applications.

Portfolio Pulse from Bill Haddad

June 28, 2024 | 5:50 pm

CMG

Raymond James analyst Brian Vaccaro has reiterated an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and adjusted the target price to $70 from $67, following a 50-for-1 stock split.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 5:49 pm

SAVA

Cassava Sciences experienced a trading halt due to a significant upside movement, but the stock is now down by 33.03%.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 5:46 pm

MA

Benzinga's options scanner identified significant options activity on Mastercard (NYSE:MA), with a cumulative value of $301,178. The trading activity suggests a price target range of $410.0 to $465.0. Mastercard is currently trading at $443.19, up by 0.1%, with an average analyst target price of $525.0.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 5:46 pm

DELL

Deep-pocketed investors are showing significant interest in Dell Technologies (NYSE:DELL) options, with a notable amount of bullish activity. Benzinga's options scanner highlighted 51 extraordinary options activities, with 38 calls and 13 puts. The trading volumes and open interest suggest a focus on a price band between $95.0 and $250.0. Analysts have mixed ratings on DELL, with target prices ranging from $97 to $175.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 5:46 pm

SAVA

Cassava Sciences shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 5:45 pm

EVR

LAZ

MC

Shares of investment banks are trading higher, potentially in reaction to Thursday's presidential debate.

Portfolio Pulse from Bill Haddad

June 28, 2024 | 5:43 pm

CFG

CFSB

CMA

FFWM

FHN

HBAN

RF

WFC

Shares of banking companies are trading higher, potentially in response to Thursday's presidential debate.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 5:38 pm

CMG

Raymond James analyst Brian M. Vaccaro reiterated an Outperform rating on Chipotle Mexican Grill Inc (NYSE:CMG) and raised the price target from $67 to $70. Despite viral social media posts questioning portion sizes and a softer consumer backdrop, Chipotle is sustaining strong comp and traffic outperformance. The company recently announced a 50-for-1 stock split. The analyst expects 2Q24 revenue to increase nearly 17% y/y to $2.94 billion and EPS to rise 22% y/y to $1.10.

Portfolio Pulse from Shivani Kumaresan

June 28, 2024 | 5:38 pm

ALMS

Alumis Inc (NASDAQ:ALMS) raised $210 million in its downsized IPO, pricing shares at $16 each. The company also sold 2.5 million shares in a private placement. Alumis is developing therapies for immune-mediated diseases, with its lead candidate ESK-001 in Phase 2 trials for plaque psoriasis and systemic lupus erythematosus. Shares are expected to start trading on June 28, 2024.

Portfolio Pulse from Vandana Singh

June 28, 2024 | 5:36 pm