Option chain shows key data for Alta Copper's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Alta Copper.

Alta Copper (OTC:ATCUF) Stock, Option Chain

Alta Copper Corp is a Canada-based company engaged in acquiring, exploring, and developing mineral properties in Peru. The business operations of the company function in Peru and Canada. Its principal property is the Canariaco Copper Project in the District of Lambayeque. Its projects are Canarico, Canariaco Norte, Canariaco Sur And Quebrada Verede, Arikeypay, Don Gregorio, Canyon Creek, B.C, and Canada.

Alta Copper Corp

<p><strong>FedEx Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) will release earnings results for its fiscal second quarter, after the <a href="https://www.benzinga.com/quote/fdx/earnings">closing bell on Thursday, Dec. 19.</a></p>
<p>Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $4.06 per share, up from $3.99 per share in the year-ago period. FedEx projects to report revenue of $22.09 billion for the recent quarter, compared to $22.16 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.</p>
<p>FedEx reported disappointing first-quarter results in September with adjusted earnings nearly 25% below consensus estimates.</p>
<p>FedEx shares fell 1.5% to close at $273.16 on Wednesday.</p>
<p>Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.</p>
<p>Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/FDX/analyst-ratings">analysts have rated the company</a> &lt;/em>&lt;/a> in the recent period.</p>
<ul>
<li>JP Morgan analyst Brian Ossenbeck maintained an Overweight rating and raised the price target from $350 to $366 on Dec. 3. This analyst has an accuracy rate of 70%.</li>
<li>Bernstein analyst David Vernon downgraded the stock from Outperform to Market Perform and slashed the price target from $337 to $316 on Dec. 3. This analyst has an accuracy rate of 62%.</li>
<li>Barclays analyst Brandon Oglenski maintained an Overweight rating and increased the price target from $350 to $365 on Nov. 13. This analyst has an accuracy rate of 61%.</li>
<li>Citigroup analyst Ariel Rosa maintained a Buy rating and boosted the price target from $301 to $331 on Nov. 12. This analyst has an accuracy rate of 71%.</li>
<li>BMO Capital analyst Fadi Chamoun maintained a Market Perform rating and cut the price target from $325 to $300 on Sept. 20. This analyst has an accuracy rate of 79%.</li>
</ul>
<p>Considering buying FDX stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="551" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19034415/image-163-1024x551.png" alt="" class="wp-image-699192" style="width:654px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19034415/image-163-1024x551.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19034415/image-163-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19034415/image-163-768x413.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19034415/image-163.png 1126w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read This Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/24/12/42553288/top-3-tech-and-telecom-stocks-that-may-crash-this-month">Top 3 Tech And Telecom Stocks That May Crash This Month</a></strong></li>
</ul>


Earnings

News

Price Target

Markets

Analyst Ratings

Trading Ideas

FedEx Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

<p><strong>Mesoblast Limited </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESO#NASDAQ">MESO</a>) stock is trading higher Thursday after the company announced the U.S. Food and Drug Administration (FDA) <a href="https://www.benzinga.com/general/biotech/24/12/42572083/mesoblasts-cell-therapy-treatment-for-graft-versus-host-disease-gets-fda-approval-stock-surges">approved Ryoncil</a>.</p>
<p><strong>The Details:</strong> Ryoncil is the first FDA approved therapy for children aged 2 months and older with steroid-refractory acute graft versus host disease (SR-aGvHD).</p>
<p>Each year in the U.S., around 10,000 patients undergo an allogeneic bone marrow transplant, including 1,500 children. About 50% of these patients develop acute graft versus host disease, and nearly half of them do not respond to steroid treatment.</p>
<p>In a Phase 3 study, 70% of children with SR-aGvHD achieved an overall response by day 28 of treatment with Ryoncil. Treatment was not discontinued or interrupted in any patient for any laboratory abnormality, and the full course was completed without interruption in more than 85% of patients.</p>
<p>&#8220;We are very pleased that the FDA has granted approval of RYONCIL and are proud of the company&#8217;s commitment to the GVHD community in bringing this important new treatment to children and families with no other acceptable options,&#8221; said <strong>Silviu Itescu</strong>, CEO of Mesoblast.</p>
<p>&#8220;We will continue to work closely with FDA to obtain approval of our other late-stage products, including REVASCOR<sup>&#xAE;</sup> for cardiovascular diseases and rexlemestrocel-L for inflammatory pain indications, as well as expanding the indications for RYONCIL in both children and adults with inflammatory conditions.&#8221;</p>
<p><strong>See Also: <a href="https://www.benzinga.com/trading-ideas/24/12/42599673/amazon-has-20000-rivian-electric-delivery-vans-in-fleet-heres-what-could-be-next-for-both-companies">Amazon Has 20,000 Rivian Electric Delivery Vans In Fleet: Here&#8217;s What Could Be Next For Both Companies</a></strong></p>
<p><strong>MESO Price Action:</strong> At the time of writing, Mesoblast stock was up 35.8% at $16.64, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.</p>
<p><em>Image: Pexels.</em></p>


Movers

MESO

What's Going On With Mesoblast Shares Thursday?

ZENA

ZenaTech Shares Resume

<p><strong>Amazon.com Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) shares are trading higher Thursday despite thousands of workers walking off job sites in an effort to push the company to engage in contract negotiations. Amazon reportedly said it doesn&#8217;t expect <a href="https://www.benzinga.com/news/24/12/42577506/amazon-shares-rise-as-company-says-operations-remain-unaffected-despite-workers-at-seven-us-facilities-going-on-strike-amid-peak-holiday-shopping">operations to be impacted</a>. </p>
<p><strong>What To Know:</strong> Amazon workers at seven U.S. warehouses went on strike Thursday morning in the heart of the holiday shopping rush, per Reuters. </p>
<p>The International Brotherhood of Teamsters, which represents about 10,000 Amazon workers, said it was organizing the &#8220;largest&#8221; strike ever against Amazon. </p>
<p>"If your package is delayed during the holidays, you can blame Amazon's insatiable greed. We gave Amazon a clear deadline to come to the table and do right by our members. They ignored it," <a href="https://teamster.org/2024/12/teamsters-launch-largest-strike-against-amazon-in-american-history/">said</a> Teamsters general president <strong>Sean O'Brien</strong>.&nbsp;</p>
<p>Amazon shares were actually higher by about 1.8% at the last check. Reuters reported that Amazon said it doesn&#8217;t expect the strikes to impact operations. The report indicates that unions only represent about 1% of Amazon&#8217;s employee base.</p>
<p>The Teamsters have &#8220;intentionally misled the public&#8221; and &#8220;threatened, intimidated and attempted to coerce&#8221; employees and third-party drivers to join them, an Amazon spokesperson reportedly told Reuters on Thursday. </p>
<p><strong>See Also: <a href="https://www.benzinga.com/24/12/42599089/us-stocks-edge-up-micron-suffers-worst-day-since-march-2020-bond-yields-surge-whats-driving-markets-thursday">US Stocks Edge Up, Micron Suffers Worst Day Since March 2020, Bond Yields Surge: What&#8217;s Driving Thursday&#8217;s Markets?</a></strong></p>
<p>Amazon employs more than 1.5 million across the world and has said it prefers to maintain direct relationships with employees. The report suggests that Amazon is not likely to bargain with the union as such could make room for further union action. </p>
<p>Amazon announced in September that it would invest $2.1 billion to raise pay for its delivery service partner program workers in the U.S., upping base wages by approximately 7% to around $22 per hour.</p>
<p><strong>AMZN Price Action:</strong> <a href="http://benzinga.com/quote/amzn">Amazon shares</a> were up 1.83% at $224.49 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/24/12/42599673/amazon-has-20000-rivian-electric-delivery-vans-in-fleet-heres-what-could-be-next-for-both-companies"><strong>Amazon Has 20,000 Rivian Electric Delivery Vans In Fleet: Here&#8217;s What Could Be Next For Both Companies</strong></a></li>
</ul>
<p><em>Photo: courtesy of Amazon.</em></p>


AMZN

Amazon Investors Unbothered As Warehouse Workers Walk Off The Job: What's Going On With The E-Commerce Giant's Stock?

<p><a href="https://thehill.com/business/budget/5049205-house-gop-spending-stopgap-debt-limit/" title="https://thehill.com/business/budget/5049205-house-gop-spending-stopgap-debt-limit/">https://thehill.com/business/budget/5049205-house-gop-spending-stopgap-debt-limit/</a></p>


Macro Economic Events

Politics

Economics

General

The Hill: 'House GOP eyes plan B stopgap with separate two-part debt limit commitment'

<p>High-rolling investors have positioned themselves bullish on Oklo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>), and it's important for retail traders to take note.<br />
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in OKLO often signals that someone has privileged information.</p>
<p>Today, Benzinga's options scanner spotted 19 options trades for Oklo. This is not a typical pattern.</p>
<p>The sentiment among these major traders is split, with 42% bullish and 36% bearish. Among all the options we identified, there was one put, amounting to $61,000, and 18 calls, totaling $914,975.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $14.0 to $26.0 for Oklo during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Oklo's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Oklo's significant trades, within a strike price range of $14.0 to $26.0, over the past month.</p>
<h3>Oklo 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734635909_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>OKLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$7.4</td>
<td>$7.2</td>
<td>$7.24</td>
<td>$14.00</td>
<td>$144.1K</td>
<td>516</td>
<td>200</td>
</tr>
<tr>
<td>OKLO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.95</td>
<td>$1.75</td>
<td>$1.89</td>
<td>$22.50</td>
<td>$75.6K</td>
<td>5.4K</td>
<td>649</td>
</tr>
<tr>
<td>OKLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$11.9</td>
<td>$9.9</td>
<td>$11.9</td>
<td>$20.00</td>
<td>$69.1K</td>
<td>927</td>
<td>60</td>
</tr>
<tr>
<td>OKLO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/27/24</td>
<td>$0.75</td>
<td>$0.6</td>
<td>$0.61</td>
<td>$19.00</td>
<td>$61.0K</td>
<td>343</td>
<td>1.3K</td>
</tr>
<tr>
<td>OKLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.2</td>
<td>$6.0</td>
<td>$6.08</td>
<td>$14.00</td>
<td>$60.6K</td>
<td>516</td>
<td>732</td>
</tr>
</tbody>
</table>
</p>
<h3>About Oklo</h3>
<p>Oklo Inc is developing advanced fission power plants to provide clean, reliable, and affordable energy at scale. It is pursuing two complementary tracks to address this demand: providing reliable, commercial-scale energy to customers; and selling used nuclear fuel recycling services to the U.S. market. The Company plans to commercialize its liquid metal fast reactor technology with the Aurora powerhouse product line. The first commercial Aurora powerhouse is designed to produce up to 15 megawatts of electricity (MWe) on both recycled nuclear fuel and fresh fuel.</p>
<p>Following our analysis of the options activities associated with Oklo, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Oklo Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 26,333,713, with OKLO's price up by 15.09%, positioned at $21.15.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 56 days.</li>
</ul>
<h3>Expert Opinions on Oklo</h3>
<p>1 market experts have recently issued ratings for this stock, with a consensus target price of $26.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $26.</p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Oklo options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

OKLO

Spotlight on Oklo: Analyzing the Surge in Options Activity

<p>Financial giants have made a conspicuous bearish move on Western Digital. Our analysis of options history for Western Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) revealed 8 unusual trades.</p>
<p>Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $122,160, and 5 were calls, valued at $221,598.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $57.5 to $75.0 for Western Digital during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Western Digital's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Western Digital's substantial trades, within a strike price spectrum from $57.5 to $75.0 over the preceding 30 days.</p>
<h3>Western Digital 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734635904_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>WDC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$5.9</td>
<td>$5.8</td>
<td>$5.8</td>
<td>$60.00</td>
<td>$82.3K</td>
<td>307</td>
<td align="right">142</td>
</tr>
<tr>
<td>WDC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$2.33</td>
<td>$2.1</td>
<td>$2.3</td>
<td>$75.00</td>
<td>$46.6K</td>
<td>6.5K</td>
<td align="right">886</td>
</tr>
<tr>
<td>WDC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$11.8</td>
<td>$11.75</td>
<td>$11.8</td>
<td>$67.50</td>
<td>$44.8K</td>
<td>145</td>
<td align="right">34</td>
</tr>
<tr>
<td>WDC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$5.2</td>
<td>$4.95</td>
<td>$5.2</td>
<td>$57.50</td>
<td>$39.5K</td>
<td>152</td>
<td align="right">178</td>
</tr>
<tr>
<td>WDC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$5.25</td>
<td>$4.95</td>
<td>$5.25</td>
<td>$57.50</td>
<td>$37.8K</td>
<td>152</td>
<td align="right">786</td>
</tr>
</tbody>
</table>
</p>
<h3>About Western Digital</h3>
<p>Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.</p>
<p>Having examined the options trading patterns of Western Digital, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of Western Digital</h3>
<ul>
<li>With a trading volume of 7,199,014, the price of WDC is down by -3.01%, reaching $61.63.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 35 days from now.</li>
</ul>
<h3>What The Experts Say On Western Digital</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $85.75.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Western Digital, targeting a price of $85.<br />
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Western Digital, targeting a price of $93.<br />
&#x2A; Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $70.<br />
&#x2A; In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $95. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Western Digital options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Smart Money Is Betting Big In WDC Options

ZenaTech Shares Halted To The Upside; Stock Now Up 76.50%

<p>Senator <strong>Cynthia Lummis</strong> (R-Wyo.) has introduced a proposal that would grant the <a href="https://www.benzinga.com/24/12/42564443/santa-came-early-with-rate-cut-but-federal-reserve-brings-coal-next-year-experts-weigh-in-on-rate-cut-feds-2025-projections">Federal Reserve</a> the authority to own <strong>Bitcoin </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).</p>
<p><strong>What Happened: </strong><a href="https://x.com/BTC_Archive/status/1869793895347040402">According </a>to Lummis, this strategic initiative aims to create a &#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42505162/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve">Strategic Bitcoin Reserve</a>,&#8221; where the U.S. government would purchase 200,000 Bitcoins annually for five years, holding them for at least two decades.</p>
<p>This reserve would serve dual purposes: to back the U.S. dollar, the world&#8217;s reserve currency, and to offset the national debt, currently over $36 trillion.</p>
<p>Senator Lummis argued for the necessity of this reserve during a recent interview, stating, &#8220;I want our federal government to have a strategic Bitcoin reserve that can help back the U.S. dollars, the world reserve currency, and then serve as a long-term savings account, thereby offsetting our national debt.&#8221; </p>
<p>She emphasized Bitcoin&#8217;s role as &#8220;digital gold,&#8221; highlighting its finite supply and potential for long-term growth, which she believes would outpace the devaluation of the U.S. dollar over time.</p>
<p><strong>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42597209/sonic-and-injective-pioneer-cross-chain-ai-agent-platform">Sonic And Injective Pioneer Cross-Chain AI Agent Platform</a></strong></p>
<p><strong>Why It Matters: </strong>President-elect <strong>Donald Trump</strong> is reportedly considering <a href="https://www.benzinga.com/24/12/42522606/trump-is-serious-about-creating-a-bitcoin-reserve-says-microstrategys-michael-saylorurges-to-buy-btc-before-it-go">an executive order</a> to establish a strategic Bitcoin reserve.</p>
<p>This initiative, which would position Bitcoin as a core national asset, follows a period of growing interest in crypto within political circles, highlighted by statements from influential figures like <strong>Dennis Porter</strong> of the Satoshi Action Fund.</p>
<p>Trump&#8217;s openness to the concept was evident when he previously pledged to cease federal sales of seized Bitcoin, instead opting to build a &#8220;permanent national asset to benefit all Americans.&#8221; </p>
<p>This statement, made at a summer conference, underscored his understanding of Bitcoin&#8217;s value, echoing the popular crypto maxim, &#8220;Never sell your Bitcoin.&#8221;</p>
<p>The potential creation of an SBR would mark a <a href="https://www.benzinga.com/24/12/42476809/texas-joins-crypto-movement-introduces-bill-to-set-up-bitcoin-reserve">pivotal shift in U.S. fiscal policy</a>, potentially integrating Bitcoin into national reserves similar to how gold has been traditionally managed.</p>
<p>The move aims to shore up the U.S. dollar with a digital asset known for its finite supply and increasing value over time.</p>
<p>Porter has been vocal about the initiative&#8217;s importance. </p>
<p>In a series of social media posts, Porter stated, &#8220;We are in a race to SBR,&#8221; emphasizing the urgency and strategic advantage of having a national Bitcoin reserve. </p>
<p>He further noted that should there be a delay at the federal level, states might take the lead in creating their strategic reserves, pushing for a decentralized approach to Bitcoin holding within the U.S.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42585798/stephen-colbert-jokes-fartcoin-is-silent-but-wealthy-as-meme-coin-hits-1-billion-all-time-high-valuation">Stephen Colbert Jokes Fartcoin Is &#8216;Silent But Wealthy&#8217; As Meme Coin Hits $1 Billion All-Time High Valuation</a></strong></li>
</ul>
<p><em>Photo: Wikimedia Commons</em></p>


Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

Senator Lummis Introduces Strategic Bitcoin Reserve Proposal

<p><strong>Boeing Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) shares are trading higher Thursday after the company announced Pegasus Airlines placed an order for up to 200 Boeing 737-10 airplanes, including a firm order for 100 aircraft. Here&#8217;s <a href="https://www.benzinga.com/quote/BA/news">what you need to know.</a></p>
<p><strong>What To Know:</strong> Boeing on Thursday said Türkiye&#8217;s leading low-cost carrier Pegasus Airlines placed an order for 100 737-10 jets, plus an option to purchase up to 100 additional jets. </p>
<p>The order will support the expansion and modernization of Pegasus Airlines&#8217; fleet, focused on the largest model in the 737 MAX family. The 737-10 offers a capacity of up to 230 passengers with a range of 5,740 kilometers, alongside improved fuel efficiency and reduced emissions compared to older models.</p>
<p>This deal underscores growing demand for single-aisle aircraft in Europe and Central Asia, a market Boeing expects to expand significantly over the next 20 years. Pegasus Airlines&#8217; purchase of 100 737-10 jets will bring the total orders of the 737 MAX variant to more than 1,200 jets.</p>
<p>&#8220;We have been a proud partner of Pegasus Airlines since their inception and we are excited to welcome them as the newest 737 MAX customer,&#8221; said <strong>Stephanie Pope</strong>, president and CEO of Boeing Commercial Airplanes. </p>
<p>&#8220;We appreciate their trust in the Boeing team and we look forward to delivering on the 737-10 and its promise of greater efficiency, versatility and reliability.&#8221;</p>
<p>Boeing also highlighted the order's potential to foster collaboration under its National Aerospace Initiative with Türkiye, creating opportunities for Turkish manufacturers and the broader aviation industry. Boeing forecasts that European and Central Asian operators will take delivery of nearly 7,900 single-aisle airplanes over the next 20 years.</p>
<p><strong>BA Price Action: </strong>Boeing shares were up 3.96% at $179.30 at the time of publication, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/startups/24/12/42599924/revolutionizing-ai-first-full-stack-os-for-development-announces-30-million-seed-backed-by-top-investors">Revolutionizing AI: First Full-Stack OS For Development Announces $30 Million Seed Backed By Top Investors</a></strong></li>
</ul>
<p><em>Image: courtesy of Boeing.</em></p>


Boeing Shares Are Taking Off Today: What's Going On?

LSCC

Bloomberg: Francisco Partners And Silver Lake Competing Alongside Lattice Semiconductor In Second Round For Altera

<p>Intel Corp. has shortlisted a number of buyout firms for the next round of bidding for its Altera unit, according to people familiar with the matter, as the beleaguered chipmaker makes headway on a process started by its now ousted chief executive officer.&nbsp;</p>
<p><a href="https://www.bloomberg.com/news/articles/2024-12-19/intel-shortlists-suitors-for-programmable-chip-arm-altera?utm_source=google&amp;utm_medium=bd&amp;cmpId=google" title="https://www.bloomberg.com/news/articles/2024-12-19/intel-shortlists-suitors-for-programmable-chip-arm-altera?utm_source=google&amp;utm_medium=bd&amp;cmpId=google">https://www.bloomberg.com/news/articles/2024-12-19/intel-shortlists-suitors-for-programmable-chip-arm-altera?utm_source=google&amp;utm_medium=bd&amp;cmpId=google</a></p>


Asset Sales

INTC

'Intel Shortlists Suitors for Programmable Chip Arm Altera' - Bloomberg

<p><strong>Trump Media &amp; Technology Group Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) is drawing attention as its technical setup hints at a <a href="https://www.benzinga.com/topic/golden-cross">potential <strong>Golden Cross</strong></a> <em>—</em> a bullish signal that could spark investor excitement.</p>
<p>Yet, the road ahead for DJT stock isn't without twists, much like the unconventional journey of its parent company.</p>
<h2 class="wp-block-heading">Golden Cross In Sight For DJT Stock?</h2>
<p><figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="493" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19125622/Screenshot-2024-12-19-at-8.05.57-PM.png" alt="" class="wp-image-700348" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19125622/Screenshot-2024-12-19-at-8.05.57-PM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19125622/Screenshot-2024-12-19-at-8.05.57-PM-300x235.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure></p>
<p><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121924&amp;t=be2bearmibe3na1"><em>Chart created using Benzinga Pro</em></a></p>
<p>DJT stock's 200-day simple moving average (SMA) sits at $33.49, while its 50-day SMA has climbed to $33.26. With DJT trading at $36.25, the 50-day SMA could soon overtake the 200-day SMA—a textbook golden cross. Historically, this signal often heralds a strong upward trend.</p>
<p>But not so fast—short-term indicators tell a more complex story. The stock's eight-day SMA of $36.41 almost coincides with the current price, implying near-term caution, while its moving average convergence/divergence (MACD) of 1.53 and relative strength index (RSI) of 55.87 suggest moderate bullish momentum. </p>
<p>Add in selling pressure, and you have a stock with mixed signals that might leave investors scratching their heads.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/24/12/42498758/truth-social-ceo-nunes-to-head-trumps-intelligence-advisory-board">Truth Social CEO Nunes to Head Trump&#8217;s Intelligence Advisory Board</a></strong></p>
<h2 class="wp-block-heading">Truth+ And The Trump Factor</h2>
<p>Behind DJT's market intrigue lies its parent company, Trump Media &amp; Technology Group, blend of media and politics. The company's streaming platform, Truth+, has expanded to include 18 channels offering conservative talk shows, live news, and weather programming.</p>
<p>With former political staffers turned hosts and a market cap of $7.6 billion, TMTG occupies a unique space where business meets politics. </p>
<p>President-elect <strong>Donald Trump</strong>, the majority shareholder, maintains no formal role at TMTG but benefits significantly from its success.</p>
<h2 class="wp-block-heading">Balancing Opportunity And Risk</h2>
<p>Investors eyeing DJT for its potential golden cross may also want to weigh the risks. The stock's recent 18.28% surge over the past month highlights strong momentum, but selling pressure could curb further gains.</p>
<p>In the end, DJT embodies the unpredictability of its namesake: bold, headline-grabbing, and anything but boring. Whether the golden cross materializes or fizzles, one thing's for sure—DJT stock is a story to watch.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42571395/trumps-djt-connection-drives-this-lesser-known-crypto-stocks-nearly-3x-surge-in-a-month">Trump&#8217;s DJT Connection Drives This Lesser-Known Crypto Stock&#8217;s Nearly 3X Surge In A Month</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Social Media

Technicals

Tech

DJT Stock Eyes Golden Cross As Truth+ Expands Its Reach

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Intel</strong>.</p>
<p>Looking at options history for Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) we detected 31 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 54% with bearish.</p>
<p>From the overall spotted trades, 17 are puts, for a total amount of $2,575,335 and 14, calls, for a total amount of $697,550.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $14.0 to $30.0 for Intel over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Intel stands at 17705.65, with a total volume reaching 73,527.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Intel, situated within the strike price corridor from $14.0 to $30.0, throughout the last 30 days.</p>
<h3>Intel Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734634871_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$4.8</td>
<td>$4.7</td>
<td>$4.71</td>
<td>$23.00</td>
<td>$471.0K</td>
<td>2.8K</td>
<td>9.8K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$4.75</td>
<td>$4.7</td>
<td>$4.7</td>
<td>$23.00</td>
<td>$465.3K</td>
<td>2.8K</td>
<td>4.9K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$4.8</td>
<td>$4.75</td>
<td>$4.75</td>
<td>$23.00</td>
<td>$452.2K</td>
<td>2.8K</td>
<td>6.4K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$7.1</td>
<td>$7.05</td>
<td>$7.1</td>
<td>$26.00</td>
<td>$212.2K</td>
<td>994</td>
<td>300</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$6.95</td>
<td>$6.85</td>
<td>$6.95</td>
<td>$25.00</td>
<td>$207.8K</td>
<td>28.5K</td>
<td>300</td>
</tr>
</tbody>
</table>
</p>
<h3>About Intel</h3>
<p>Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.</p>
<p>After a thorough review of the options trading surrounding Intel, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Intel's Current Market Status</h3>
<ul>
<li>Trading volume stands at 37,848,879, with INTC's price down by -0.72%, positioned at $19.16.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 35 days.</li>
</ul>
<h3>What Analysts Are Saying About Intel</h3>
<p>Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $21.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from B of A Securities has revised its rating downward to Underperform, adjusting the price target to $21. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Intel with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


What the Options Market Tells Us About Intel

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>GE Aero</strong>.</p>
<p>Looking at options history for GE Aero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) we detected 12 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 8% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $163,690 and 9, calls, for a total amount of $469,022.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $125.0 to $190.0 for GE Aero over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in GE Aero's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to GE Aero's substantial trades, within a strike price spectrum from $125.0 to $190.0 over the preceding 30 days.</p>
<h3>GE Aero Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734634866_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>GE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/27/24</td>
<td>$25.7</td>
<td>$25.15</td>
<td>$25.46</td>
<td>$190.00</td>
<td>$101.8K</td>
<td>50</td>
<td>50</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.0</td>
<td>$0.95</td>
<td>$1.0</td>
<td>$180.00</td>
<td>$100.1K</td>
<td>8.1K</td>
<td>4.8K</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.06</td>
<td>$1.0</td>
<td>$1.0</td>
<td>$180.00</td>
<td>$100.0K</td>
<td>8.1K</td>
<td>5.8K</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$41.0</td>
<td>$38.85</td>
<td>$39.93</td>
<td>$125.00</td>
<td>$59.8K</td>
<td>1</td>
<td>15</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.92</td>
<td>$0.9</td>
<td>$0.92</td>
<td>$180.00</td>
<td>$46.7K</td>
<td>8.1K</td>
<td>3.3K</td>
</tr>
</tbody>
</table>
</p>
<h3>About GE Aero</h3>
<p>GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.</p>
<p>After a thorough review of the options trading surrounding GE Aero, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of GE Aero</h3>
<ul>
<li>Currently trading with a volume of 2,554,093, the GE's price is up by 3.1%, now at $164.91. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 33 days.</li>
</ul>
<h3>What The Experts Say On GE Aero</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $225.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on GE Aero, which currently sits at a price target of $225. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest GE Aero options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


What the Options Market Tells Us About GE Aero

<p>Celanese (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) has been analyzed by 15 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">7</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $106.07, a high estimate of $163.00, and a low estimate of $73.00. Highlighting a 24.81% decrease, the current average has fallen from the previous average price target of $141.07. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734634861_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>A comprehensive examination of how financial experts perceive Celanese is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$88.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Patrick Cunningham</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$73.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Michael Leithead</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$88.00</td>
<td>$101.00</td>
</tr>
<tr>
<td>Joshua Spector</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$97.00</td>
<td>$161.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$76.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Charles Neivert</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$98.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$122.00</td>
<td>$163.00</td>
</tr>
<tr>
<td>Michael Leithead</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$101.00</td>
<td>$151.00</td>
</tr>
<tr>
<td>Ghansham Panjabi</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$110.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Vincent Andrews</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$100.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>David Begleiter</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Buy</td>
<td>$110.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Kieran De Brun</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$132.00</td>
</tr>
<tr>
<td>Michael Sison</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$115.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Kevin McCarthy</td>
<td>Vertical Research</td>
<td>Announces</td>
<td>Sell</td>
<td>$130.00</td>
<td>-</td>
</tr>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$163.00</td>
<td>$167.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Celanese. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Celanese compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Celanese's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Celanese's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/CE/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Celanese analyst ratings.</strong></a></p>
<h2>All You Need to Know About Celanese</h2>
<p>Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.</p>
<h3>A Deep Dive into Celanese's Financials</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Decline in Revenue:</strong> Over the 3 months period, Celanese faced challenges, resulting in a decline of approximately <strong>-2.75%</strong> in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.</p>
<p><strong>Net Margin:</strong> Celanese's net margin is impressive, surpassing industry averages. With a net margin of <strong>4.38%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Celanese's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.61%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Celanese's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of <strong>0.45%,</strong> the company may encounter challenges in delivering satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>1.83</strong>, Celanese faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Forecasting The Future: 15 Analyst Projections For Celanese

<p>Deep-pocketed investors have adopted a bearish approach towards Cava Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CAVA usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Cava Group. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 30% leaning bullish and 46% bearish. Among these notable options, 9 are puts, totaling $749,733, and 4 are calls, amounting to $164,620.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $200.0 for Cava Group, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Cava Group's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Cava Group's significant trades, within a strike price range of $100.0 to $200.0, over the past month.</p>
<h3>Cava Group Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734634860_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$15.2</td>
<td>$15.0</td>
<td>$15.13</td>
<td>$100.00</td>
<td>$304.1K</td>
<td align="right">895</td>
<td align="right">354</td>
</tr>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$37.9</td>
<td>$36.7</td>
<td>$37.2</td>
<td>$150.00</td>
<td>$111.6K</td>
<td align="right">234</td>
<td align="right">30</td>
</tr>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$15.9</td>
<td>$15.7</td>
<td>$15.9</td>
<td>$130.00</td>
<td>$79.5K</td>
<td align="right">739</td>
<td align="right">51</td>
</tr>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$30.9</td>
<td>$30.1</td>
<td>$30.5</td>
<td>$130.00</td>
<td>$76.2K</td>
<td align="right">137</td>
<td align="right">0</td>
</tr>
<tr>
<td>CAVA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$2.35</td>
<td>$2.15</td>
<td>$2.35</td>
<td>$118.00</td>
<td>$70.2K</td>
<td align="right">20</td>
<td align="right">302</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cava Group</h3>
<p>Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's dips, spreads, and dressings are centrally produced and sold in grocery stores. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen. The company generates the majority of its revenue from the CAVA segment.</p>
<p>Having examined the options trading patterns of Cava Group, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Cava Group's Current Market Status</h3>
<ul>
<li>With a volume of 1,605,011, the price of CAVA is up 0.26% at $117.5. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 68 days.</li>
</ul>
<h3>What Analysts Are Saying About Cava Group</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $145.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Bernstein downgraded its action to Market Perform with a price target of $145. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Cava Group, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


CAVA

Spotlight on Cava Group: Analyzing the Surge in Options Activity

<p>Analysts' ratings for Targa Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>) over the last quarter vary from bullish to bearish, as provided by 14 analysts.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">8</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">4</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $200.5, a high estimate of $246.00, and a low estimate of $171.00. Observing a 16.15% increase, the current average has risen from the previous average price target of $172.62. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734634854_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive Targa Resources. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Mackay</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$223.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Michael Blum</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$204.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$220.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Selman Akyol</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$224.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Shneur Gershuni</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$246.00</td>
<td>$182.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$225.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Elvira Scotto</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$199.00</td>
<td>$172.00</td>
</tr>
<tr>
<td>Michael Blum</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$190.00</td>
<td>$153.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$175.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Sunil Sibal</td>
<td>Seaport Global</td>
<td>Raises</td>
<td>Buy</td>
<td>$174.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Robert Kad</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$202.00</td>
<td>$173.00</td>
</tr>
<tr>
<td>Jean Ann Salisbury</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Buy</td>
<td>$182.00</td>
<td>-</td>
</tr>
<tr>
<td>Elvira Scotto</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$172.00</td>
<td>$153.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$171.00</td>
<td>$155.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Targa Resources. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Targa Resources compared to the broader market.</li>
<li><strong>Price Targets:</strong> Gaining insights, analysts provide estimates for the future value of Targa Resources's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Targa Resources's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TRGP/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Targa Resources analyst ratings.</strong></a></p>
<h2>About Targa Resources</h2>
<p>Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.</p>
<h3>Targa Resources: Delving into Financials</h3>
<p><strong>Market Capitalization:</strong> Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.</p>
<p><strong>Revenue Growth:</strong> Targa Resources's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately <strong>-1.15%</strong>. This indicates a decrease in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Targa Resources's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of <strong>9.98%,</strong> the company may encounter challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Targa Resources's ROE excels beyond industry benchmarks, reaching <strong>15.25%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Targa Resources's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>1.78%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Targa Resources's debt-to-equity ratio surpasses industry norms, standing at <strong>5.57</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


TRGP

What Analysts Are Saying About Targa Resources Stock

<p>Ratings for Civitas Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIVI#NYSE">CIVI</a>) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for Civitas Resources, revealing an average target of $74.62, a high estimate of $84.00, and a low estimate of $60.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.25%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734634841_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The standing of Civitas Resources among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scott Hanold</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$70.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$73.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>William Janela</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$78.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Zach Parham</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$68.00</td>
<td>$66.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$83.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Josh Silverstein</td>
<td>UBS</td>
<td>Announces</td>
<td>Neutral</td>
<td>$60.00</td>
<td>-</td>
</tr>
<tr>
<td>Tim Rezvan</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$84.00</td>
<td>$94.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$81.00</td>
<td>$101.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Civitas Resources. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Civitas Resources compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of Civitas Resources's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of Civitas Resources's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/CIVI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Civitas Resources analyst ratings.</strong></a></p>
<h2>Delving into Civitas Resources's Background</h2>
<p>Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.</p>
<h3>Financial Milestones: Civitas Resources's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Civitas Resources's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of <strong>22.79%</strong>. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.</p>
<p><strong>Net Margin:</strong> Civitas Resources's net margin excels beyond industry benchmarks, reaching <strong>23.25%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Civitas Resources's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>4.46%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>1.97%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>0.73</strong>, Civitas Resources faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


CIVI

Analyst Expectations For Civitas Resources's Future

<p>Analysts' ratings for IREN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) over the last quarter vary from bullish to bearish, as provided by 10 analysts.</p>
<p>The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">5</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for IREN, revealing an average target of $18.2, a high estimate of $23.00, and a low estimate of $14.00. This current average reflects an increase of 15.56% from the previous average price target of $15.75. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734634830_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>A clear picture of IREN's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Lucas Pipes</td>
<td>B. Riley Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$16.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Stephen Glagola</td>
<td>Jones Trading</td>
<td>Announces</td>
<td>Buy</td>
<td>$22.00</td>
<td>-</td>
</tr>
<tr>
<td>Reginald Smith</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$9.50</td>
</tr>
<tr>
<td>Paul Golding</td>
<td>Macquarie</td>
<td>Raises</td>
<td>Outperform</td>
<td>$19.00</td>
<td>$13.50</td>
</tr>
<tr>
<td>Brett Knoblauch</td>
<td>Cantor Fitzgerald</td>
<td>Raises</td>
<td>Overweight</td>
<td>$23.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Joseph Vafi</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$17.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Mike Colonnese</td>
<td>HC Wainwright &amp; Co.</td>
<td>Raises</td>
<td>Buy</td>
<td>$16.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Brett Knoblauch</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$20.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Brett Knoblauch</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$20.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Darren Aftahi</td>
<td>Roth MKM</td>
<td>Announces</td>
<td>Buy</td>
<td>$14.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to IREN. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of IREN compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of IREN's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of IREN's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/IREN/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on IREN analyst ratings.</strong></a></p>
<h2>Discovering IREN: A Closer Look</h2>
<p>IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy.</p>
<h3>Key Indicators: IREN's Financial Health</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> IREN's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately <strong>58.12%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.</p>
<p><strong>Net Margin:</strong> IREN's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>-95.07%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> IREN's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of <strong>-4.64%,</strong> the company may face hurdles in generating optimal returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> IREN's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>-4.25%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>0.0</strong>.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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