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Ball

Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments—beverage packaging, North and Central America (43% of 2023 revenue), beverage packaging, EMEA (24%), beverage packaging, South America (14%)—and it generated $14 billion in revenue in 2023.

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Philip Morris International To Rally More Than 10%? Here Are 10 Top Analyst Forecasts For Wednesday

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Crown Holdings, Inc. (NYSE: CCK) reported second-quarter 2024 adjusted earnings per share of $1.81, beating the Zacks Consensus Estimate of $1.59. The bottom line exceeded the company&#39;s EPS guidance of $1.55-$1.65. It improved 8% year over year.

Crown Holdings Beats on Q2 Earnings, Raises &#39;24 View

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<p>Argus Research  analyst Christine Dooley   maintains Cava Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) with a Buy and raises the price target from $104 to $128.</p>


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Argus Research Maintains Buy on Cava Group, Raises Price Target to $128

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Ukraine's Foreign Minister Issues Fresh Appeal For Western Partners To Lift All Limits On Using Western Weapons

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WIIM

BYON

Beyond shares are trading lower. The stock may be pulling back after the company yesterday announced it launched a global licensing program.

<p>Financial giants have made a conspicuous bearish move on Home Depot. Our analysis of options history for Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 22% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $235,030, and 5 were calls, valued at $172,240.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $400.0 for Home Depot over the last 3 months. </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 Home Depot's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Home Depot's substantial trades, within a strike price spectrum from $300.0 to $400.0 over the preceding 30 days.</p>
<h3>Home Depot Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726072256_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 style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.85</td>
<td>$9.2</td>
<td>$9.85</td>
<td>$340.00</td>
<td>$98.4K</td>
<td>1.6K</td>
<td style="text-align: right;">102</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$17.0</td>
<td>$16.95</td>
<td>$17.0</td>
<td>$360.00</td>
<td>$57.8K</td>
<td>589</td>
<td style="text-align: right;">71</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.15</td>
<td>$9.55</td>
<td>$10.15</td>
<td>$340.00</td>
<td>$50.7K</td>
<td>1.6K</td>
<td style="text-align: right;">152</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$6.0</td>
<td>$5.7</td>
<td>$5.95</td>
<td>$365.00</td>
<td>$49.7K</td>
<td>1.6K</td>
<td style="text-align: right;">211</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$1.81</td>
<td>$1.8</td>
<td>$1.8</td>
<td>$375.00</td>
<td>$36.7K</td>
<td>1.9K</td>
<td style="text-align: right;">254</td>
</tr>
</tbody>
</table>
</p>
<h3>About Home Depot</h3>
<p>Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and Redi Carpet added multifamily flooring, while the recent tie-up with SRS will help grow professional demand.</p>
<p>After a thorough review of the options trading surrounding Home Depot, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Home Depot Standing Right Now?</h3>
<ul>
<li>With a volume of 991,737, the price of HD is down -1.71% at $364.51. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 62 days.</li>
</ul>
<h3>Expert Opinions on Home Depot</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $365.6.</p>
<ul>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Home Depot, targeting a price of $400. </li>
<li>An analyst from Stifel has decided to maintain their Hold rating on Home Depot, which currently sits at a price target of $375. </li>
<li>An analyst from RBC Capital persists with their Sector Perform rating on Home Depot, maintaining a target price of $363. </li>
<li>Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Market Perform rating on Home Depot with a target price of $360. </li>
<li>Consistent in their evaluation, an analyst from Loop Capital keeps a Hold rating on Home Depot with a target price of $330. </li>
</ul>
<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 Home Depot options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Behind the Scenes of Home Depot's Latest Options Trends

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Arista Networks</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ANET, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 12 uncommon options trades for Arista Networks.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 50% bullish and 41%, bearish.</p>
<p>Out of all of the special options we uncovered, 4 are puts, for a total amount of $189,866, and 8 are calls, for a total amount of $562,341.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $240.0 to $330.0 for Arista Networks over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Arista Networks stands at 126.12, with a total volume reaching 996.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Arista Networks, situated within the strike price corridor from $240.0 to $330.0, throughout the last 30 days.</p>
<h3>Arista Networks Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726072251_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</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 style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$106.3</td>
<td>$106.1</td>
<td>$106.3</td>
<td>$240.00</td>
<td>$148.8K</td>
<td style="text-align: right;">19</td>
<td style="text-align: right;">14</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$69.1</td>
<td>$68.0</td>
<td>$68.3</td>
<td>$300.00</td>
<td>$109.2K</td>
<td style="text-align: right;">125</td>
<td style="text-align: right;">16</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$30.2</td>
<td>$29.6</td>
<td>$30.0</td>
<td>$330.00</td>
<td>$99.0K</td>
<td style="text-align: right;">286</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>ANET</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$6.9</td>
<td>$6.5</td>
<td>$6.88</td>
<td>$260.00</td>
<td>$79.3K</td>
<td style="text-align: right;">52</td>
<td style="text-align: right;">119</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$6.6</td>
<td>$6.1</td>
<td>$6.6</td>
<td>$325.00</td>
<td>$66.0K</td>
<td style="text-align: right;">114</td>
<td style="text-align: right;">302</td>
</tr>
</tbody>
</table>
</p>
<h3>About Arista Networks</h3>
<p>Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.</p>
<p>After a thorough review of the options trading surrounding Arista Networks, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Arista Networks</h3>
<ul>
<li>Currently trading with a volume of 1,139,461, the ANET's price is down by 0.0%, now at $326.75. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 47 days.</li>
</ul>
<h3>What Analysts Are Saying About Arista Networks</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $369.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on Arista Networks with a target price of $369. </li>
</ul>
<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 Arista Networks options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


ANET

A Closer Look at Arista Networks's Options Market Dynamics

CHWY

Chewy shares are trading higher possibly amid sympathy with Petco Health and Wellness after the company reported Q2 financial results.

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Viking Therapeutics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VKTX, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 25 options trades for <strong>Viking Therapeutics</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 60% bullish and 40%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $88,413, and 24, calls, for a total amount of $1,052,698.</p>
<h3>Projected Price Targets</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 $50.0 and $120.0 for Viking Therapeutics, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Viking Therapeutics's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Viking Therapeutics's whale activity within a strike price range from $50.0 to $120.0 in the last 30 days. </p>
<h3>Viking Therapeutics Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726072246_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 style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>VKTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.3</td>
<td>$13.0</td>
<td>$13.0</td>
<td>$60.00</td>
<td>$88.4K</td>
<td style="text-align: right;">442</td>
<td style="text-align: right;">86</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.0</td>
<td>$12.4</td>
<td>$12.8</td>
<td>$60.00</td>
<td>$64.0K</td>
<td style="text-align: right;">918</td>
<td style="text-align: right;">98</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$18.2</td>
<td>$17.8</td>
<td>$17.8</td>
<td>$50.00</td>
<td>$62.3K</td>
<td style="text-align: right;">242</td>
<td style="text-align: right;">86</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$17.5</td>
<td>$16.6</td>
<td>$17.05</td>
<td>$50.00</td>
<td>$60.9K</td>
<td style="text-align: right;">242</td>
<td style="text-align: right;">36</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$11.6</td>
<td>$11.0</td>
<td>$11.1</td>
<td>$70.00</td>
<td>$59.9K</td>
<td style="text-align: right;">387</td>
<td style="text-align: right;">147</td>
</tr>
</tbody>
</table>
</p>
<h3>About Viking Therapeutics</h3>
<p>Viking Therapeutics Inc is a healthcare service provider. The company specializes in the area of biopharmaceutical development focused on metabolic and endocrine disorders. The company's clinical program pipeline consists of VK2809, VK5211, VK0214 products. VK2809 and VK0214 are orally available, tissue and receptor-subtype selective agonists of the thyroid hormone receptor beta. VK5211 is an orally available, non-steroidal selective androgen receptor modulator.</p>
<p>In light of the recent options history for Viking Therapeutics, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Viking Therapeutics</h3>
<ul>
<li>With a trading volume of 3,569,240, the price of VKTX is up by 4.12%, reaching $56.9.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 42 days from now.</li>
</ul>
<h3>What The Experts Say On Viking Therapeutics</h3>
<p>1 market experts have recently issued ratings for this stock, with a consensus target price of $80.0.</p>
<ul>
<li>An analyst from JP Morgan has revised its rating downward to Overweight, adjusting the price target to $80. </li>
</ul>
<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 Viking Therapeutics, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


VKTX

Viking Therapeutics Unusual Options Activity For September 11

Econ #s

Federal Reserve

Goldman Sachs CEO David Solomon Says We've Made Real Progress On Inflation; I Actually Don't Think Unwinding The Credit Card Business Has Proven To Be Messier Than We Thought

<p>Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) has outperformed the market over the past 10 years by 33.22% on an annualized basis producing an average annual return of 43.77%. Currently, Advanced Micro Devices has a market capitalization of $232.62 billion. </p>
<p><strong>Buying $100 In AMD:</strong> If an investor had bought $100 of AMD stock 10 years ago, it would be worth <strong>$3,675.61</strong> today based on a price of $143.72 for AMD at the time of writing.</p>
<h3>Advanced Micro Devices's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726072218_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$100 Invested In This Stock 10 Years Ago Would Be Worth $3,700 Today

<p>EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) has outperformed the market over the past 20 years by 2.32% on an annualized basis producing an average annual return of 10.54%. Currently, EOG Resources has a market capitalization of $67.28 billion. </p>
<p><strong>Buying $1000 In EOG:</strong> If an investor had bought $1000 of EOG stock 20 years ago, it would be worth <strong>$7,404.84</strong> today based on a price of $118.33 for EOG at the time of writing.</p>
<h3>EOG Resources's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726072213_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $1000 Invested In EOG Resources 20 Years Ago Would Be Worth Today

<p>Citigroup  analyst Benjamin Gerlinger   maintains BankUnited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKU#NYSE">BKU</a>) with a Neutral and lowers the price target from $42 to $39.</p>


Citigroup Maintains Neutral on BankUnited, Lowers Price Target to $39

Legal

GSK Confirms It Has Reached A Confidential Settlement With Mr. Isaac Dixon, Resolving The Prostate Cancer Case Filed In Illinois State Court; GSK Does Not Admit Any Liability In This Settlement. The Case Will Now Be Dismissed.

CURV

Torrid Holdings shares are trading lower after the company announced a secondary offering of 8 million shares.

Goldman Sachs CEO Says See 2, Maybe 3 Rate Cuts As We Move Through The Fall; Best Guess Is 25 Basis Points, But I Think There's A Case To Be Made For 50

<p>Shares of <strong>AT&amp;T Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) saw a 1.9% to $21.30 decline Wednesday morning, pressured by rising U.S. Treasury yields in the wake of the August <strong>Consumer Price Index (CPI)</strong> <a href="https://www.benzinga.com/markets/equities/24/09/40815234/dollar-treasury-yields-rise-as-small-caps-fall-august-inflation-crushes-odds-of-50-point-fed-rat">report</a>, which showed an unexpected increase in core inflation.</p>
<p>Despite a drop in headline inflation, the rise in core prices raised concerns about the <strong>Federal Reserve's</strong> future interest rate policy, weighing heavily on companies with high debt loads like AT&amp;T.</p>
<p><strong>CPI Report Sparks Treasury Yield Surge:</strong> The U.S. annual headline inflation rate for August came in at 2.5%, lower than the 2.9% recorded in July and below the expected 2.6%. However, core inflation, which excludes volatile food and energy prices, rose 0.3% month-over-month, surpassing expectations and accelerating from July's 0.2% increase. </p>
<p>This led to a surge in the yield on the benchmark 10-year U.S. Treasury note, which jumped 8 basis points following the report.</p>
<p>Higher Treasury yields typically drive up borrowing costs for companies and create more attractive alternatives to stocks, particularly for dividend-focused companies like AT&amp;T. </p>
<p>With AT&amp;T carrying a substantial debt load—roughly $137 billion as of 2023—the rise in yields signals a potential increase in the company&#8217;s interest expenses, putting pressure on its bottom line.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/news/24/09/40815343/not-a-slam-dunk-for-harris-but-the-chances-of-a-trump-victory-have-slipped-investors-markets-adjust">&#8216;Not A Slam Dunk For Harris, But The Chances Of A Trump Victory Have Slipped:&#8217; Investors, Markets Adjust Positions After Presidential Debate</a></strong></p>
<h3 class="wp-block-heading"><strong>Interest Rate Concerns Weigh on AT&amp;T</strong></h3>
<p>The unexpected rise in core inflation has led investors to reassess their expectations for the Federal Reserve's future rate cuts. While the lower headline inflation number initially pointed to a possible easing of monetary policy, the persistent strength in core prices suggests the Fed may be forced to keep rates higher for longer than anticipated.</p>
<p>For AT&amp;T, this could mean prolonged exposure to high borrowing costs. As a capital-intensive business with significant investments in 5G infrastructure and past acquisitions, the company is highly sensitive to interest rate fluctuations. </p>
<p>Higher rates not only increase the cost of servicing its debt but also make its stock less attractive relative to safer, yield-bearing assets like U.S. Treasuries.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/markets/equities/24/09/40814667/exxon-other-us-oil-majors-brace-for-tropical-storm-francine-report">Exxon, Other US Oil Majors Brace For Tropical Storm Francine: Report</a></strong></p>
<h2 class="wp-block-heading">How To Buy T Stock</h2>
<p>Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. </p>
<p>For example, in AT&amp;T&#8217;s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.</p>
<p>According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, T has a 52-week high of $21.86 and a 52-week low of $14.12.</p>


What's Going On With AT&T Stock?

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<p>Citigroup  analyst Michael Rollins   maintains AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) with a Buy and raises the price target from $21 to $24.</p>


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