X4 Pharmaceuticals Inc Warrants (12/04/2024) Stock (OTC: XFORW)

X4 Pharmaceuticals Inc Warrants (12/04/2024) Stock (OTC:XFORW), Trade Ideas

X4 Pharmaceuticals Inc Warrants (12/04/2024)

<p>Morgan Stanley  analyst Cecilia Furlong   maintains Embecta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) with a Underweight and lowers the price target from $16 to $13.</p>


News

Price Target

Analyst Ratings

EMBC

Morgan Stanley Maintains Underweight on Embecta, Lowers Price Target to $13

WIIM

TELA

TELA Bio shares are trading higher after the company reported better-than-expected Q1 revenue results and raised its FY24 revenue guidance.

<p>Wells Fargo  analyst Elyse Greenspan   maintains Equitable Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQH#NYSE">EQH</a>) with a Overweight and lowers the price target from $46 to $44.</p>


Wells Fargo Maintains Overweight on Equitable Hldgs, Lowers Price Target to $44

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Nike</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</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 NKE, 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 13 uncommon options trades for Nike.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 76% bullish and 15%, bearish.</p>
<p>Out of all of the special options we uncovered, 9 are puts, for a total amount of $1,013,731, and 4 are calls, for a total amount of $199,477.</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 $80.0 and $100.0 for Nike, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Nike's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Nike's whale trades within a strike price range from $80.0 to $100.0 in the last 30 days. </p>
<h3>Nike 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715355318_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</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>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/28/24</td>
<td>$1.45</td>
<td>$0.81</td>
<td>$1.07</td>
<td>$84.00</td>
<td>$577.8K</td>
<td>0</td>
<td>5.4K</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.65</td>
<td>$6.6</td>
<td>$6.65</td>
<td>$80.00</td>
<td>$124.3K</td>
<td>2.6K</td>
<td>28</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$6.6</td>
<td>$6.45</td>
<td>$6.6</td>
<td>$92.50</td>
<td>$83.5K</td>
<td>1.0K</td>
<td>642</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.2</td>
<td>$9.1</td>
<td>$9.2</td>
<td>$100.00</td>
<td>$59.8K</td>
<td>1.3K</td>
<td>68</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.95</td>
<td>$10.85</td>
<td>$10.94</td>
<td>$90.00</td>
<td>$57.9K</td>
<td>2.3K</td>
<td>53</td>
</tr>
</tbody>
</table>
</p>
<h3>About Nike</h3>
<p>Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.</p>
<p>Following our analysis of the options activities associated with Nike, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Nike Standing Right Now?</h3>
<ul>
<li>With a volume of 3,198,944, the price of NKE is down -1.62% at $91.88. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 48 days.</li>
</ul>
<h3>Professional Analyst Ratings for Nike</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $114.0.</p>
<ul>
<li>An analyst from B of A Securities has elevated its stance to Buy, setting a new price target at $113. </li>
<li>An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $115. </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 Nike, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Markets

Unpacking the Latest Options Trading Trends in Nike

<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 25 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 40% bullish and 36%, bearish.</p>
<p>Out of all of the special options we uncovered, 9 are puts, for a total amount of $307,840, and 16 are calls, for a total amount of $841,909.</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 $200.0 to $430.0 for Arista Networks over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Arista Networks stands at 321.82, with a total volume reaching 1,800.00. 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 $200.0 to $430.0, throughout the last 30 days.</p>
<h3>Arista Networks 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715355312_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 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>06/21/24</td>
<td>$35.1</td>
<td>$32.6</td>
<td>$34.5</td>
<td>$280.00</td>
<td>$172.5K</td>
<td>1.1K</td>
<td style="text-align: right;">54</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/10/24</td>
<td>$17.9</td>
<td>$17.6</td>
<td>$17.9</td>
<td>$290.00</td>
<td>$125.3K</td>
<td>483</td>
<td style="text-align: right;">54</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$22.8</td>
<td>$22.6</td>
<td>$22.6</td>
<td>$430.00</td>
<td>$70.0K</td>
<td>29</td>
<td style="text-align: right;">54</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$56.3</td>
<td>$54.7</td>
<td>$56.3</td>
<td>$250.00</td>
<td>$56.3K</td>
<td>206</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$59.8</td>
<td>$58.0</td>
<td>$58.0</td>
<td>$250.00</td>
<td>$46.4K</td>
<td>847</td>
<td style="text-align: right;">3</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>In light of the recent options history for Arista Networks, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Arista Networks's Current Market Status</h3>
<ul>
<li>With a trading volume of 1,977,841, the price of ANET is up by 4.88%, reaching $310.51.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 80 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Arista Networks</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $293.2.</p>
<ul>
<li>An analyst from Keybanc has decided to maintain their Overweight rating on Arista Networks, which currently sits at a price target of $349. </li>
<li>An analyst from UBS persists with their Neutral rating on Arista Networks, maintaining a target price of $285. </li>
<li>Consistent in their evaluation, an analyst from Piper Sandler keeps a Neutral rating on Arista Networks with a target price of $302. </li>
<li>An analyst from Needham downgraded its action to Buy with a price target of $320. </li>
<li>An analyst from Rosenblatt has revised its rating downward to Sell, adjusting the price target to $210. </li>
</ul>
<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 Arista Networks with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


ANET

Arista Networks Options Trading: A Deep Dive into Market Sentiment

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Walt Disney</strong>.</p>
<p>Looking at options history for Walt Disney (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) we detected 10 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 30% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $219,400 and 7, calls, for a total amount of $302,897.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $180.0 for Walt Disney over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Walt Disney's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Walt Disney's whale trades within a strike price range from $100.0 to $180.0 in the last 30 days. </p>
<h3>Walt Disney Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715355307_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>DIS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.25</td>
<td>$100.00</td>
<td>$102.8K</td>
<td>204</td>
<td>0</td>
</tr>
<tr>
<td>DIS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$72.0</td>
<td>$71.65</td>
<td>$72.0</td>
<td>$180.00</td>
<td>$72.0K</td>
<td>0</td>
<td>0</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$6.4</td>
<td>$6.35</td>
<td>$6.4</td>
<td>$140.00</td>
<td>$64.0K</td>
<td>1.9K</td>
<td>103</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$6.15</td>
<td>$6.1</td>
<td>$6.15</td>
<td>$105.00</td>
<td>$61.4K</td>
<td>986</td>
<td>85</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$0.76</td>
<td>$0.74</td>
<td>$0.75</td>
<td>$107.00</td>
<td>$55.8K</td>
<td>3.2K</td>
<td>1.9K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Walt Disney</h3>
<p>Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.</p>
<p>After a thorough review of the options trading surrounding Walt Disney, 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 Walt Disney</h3>
<ul>
<li>Trading volume stands at 5,861,914, with DIS's price up by 1.09%, positioned at $106.95.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 89 days.</li>
</ul>
<h3>What The Experts Say On Walt Disney</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $137.0.</p>
<ul>
<li>Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $145.</li>
<li>Reflecting concerns, an analyst from JP Morgan lowers its rating to Overweight with a new price target of $140.</li>
<li>An analyst from Loop Capital persists with their Buy rating on Walt Disney, maintaining a target price of $140. </li>
<li>Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Walt Disney, targeting a price of $130. </li>
<li>An analyst from Barclays persists with their Overweight rating on Walt Disney, maintaining a target price of $130. </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 Walt Disney options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Walt Disney's Options Frenzy: What You Need to Know

Trading Ideas

APDN

Applied DNA Sciences Shares Resume Trade Following Circuit Breaker Halt

<p>Wells Fargo  analyst Elyse Greenspan   maintains Corebridge Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRBG#NYSE">CRBG</a>) with a Overweight and raises the price target from $33 to $34.</p>


CRBG

Wells Fargo Maintains Overweight on Corebridge Financial, Raises Price Target to $34

<p><a href="https://www.independent.co.uk/tech/nasa-contractor-boeing-starliner-launch-b2542947.html">https://www.independent.co.uk/tech/nasa-contractor-boeing-starliner-launch-b2542947.html</a></p>
<p>A contractor for <a href="https://www.independent.co.uk/topic/nasa">Nasa</a> urged the <a href="https://www.independent.co.uk/topic/space-agency">space agency</a> to conduct more safety checks before the <a href="https://www.independent.co.uk/space/boeing-starliner-launch-nasa-space-station-b2540474.html">highly-anticipated</a> first launch of its Starliner <a href="https://www.independent.co.uk/topic/rocket">rocket</a> – which is set to take off as soon as next week – "before something catastrophic happens".</p>
<p>ValveTech, a contractor that supplies Nasa with valve components for the Starliner <a href="https://www.independent.co.uk/topic/aircraft">aircraft</a>, warned against the imminent launch on 17 May.</p>
<p>The <a href="https://www.independent.co.uk/space/boeing-starliner-first-crew-launch-b2540592.html">last launch, slated for 6 May, was scrubbed</a> two hours before takeoff due to a valve issue.</p>
<p>The Starliner is designed to transport people to and from the International Space Station as well as other low-Earth-orbit destinations.</p>
<p>&nbsp;</p>
<p>"As a valued Nasa partner and as valve experts, we strongly urge them not to attempt a second launch due to the risk of a disaster occurring on the launchpad," ValveTech president Erin Faville said in a <a href="https://www.prnewswire.com/news-releases/safety-concerns-show-urgent-need-to-stop-nasa-starliner-launch-warns-valvetech-hastings-law-client-302140125.html">press release</a>.</p>
<p>"According to media reports, a buzzing sound indicating the leaking valve was noticed by someone walking by the Starliner minutes before launch. This sound could indicate that the valve has passed its lifecycle," Ms Faville wrote.</p>
<p>She urged Nasa to "re-double safety checks and re-examine safety protocols to make sure the Starliner is safe before something catastrophic happens to the astronauts and to the people on the ground," Ms Faville added.</p>
<p>This is the latest bout of bad news for <a href="https://www.independent.co.uk/news/world/americas/boeing-whistleblower-spirit-aerosystems-plane-b2542209.html">Boeing</a>, which has made <a href="https://www.independent.co.uk/travel/news-and-advice/boeing-737-max-safety-aircraft-passengers-crash-b2542773.html">repeated headlines recently over its aircraft defects.</a></p>
<p>The contractor then turned to a separate issue, brought up in a federal court November 2023 <a href="https://cases.justia.com/federal/district-courts/new-york/nywdce/6:2017cv06788/114612/203/0.pdf?ts=1664555312">decision</a>. The court found that Boeing had used a valve from another contractor, Aerojet Rocketdyne, which "breached multiple non-disclosure agreements" when it took from ValveTech's designs and technology.</p>
<p>A witness at the trial warned that the Aerojet valve was "not qualified to the right specifications and not evaluated to ensure safety protocols," the press release states.</p>
<p>&nbsp;</p>
<p>So, the press release continued, ValveTech "continues to question how Nasa, Boeing and Aerojet could have qualified this valve for the mission without proper supporting data or previous history or legacy information", which "goes against aerospace-industry qualification protocols established by Nasa".</p>


"NASA Contractor Warns Against Boeing Space Launch Due To The 'Risk Of A Disaster'; The Warning Comes Two Days After The Space Agency Scrubbed The Launch Of The Starliner Rocket" - Independent

<p>Morgan Stanley  analyst Elizabeth Porter   maintains Amplitude (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPL#NASDAQ">AMPL</a>) with a Underweight and lowers the price target from $10 to $9.</p>


AMPL

Morgan Stanley Maintains Underweight on Amplitude, Lowers Price Target to $9

FLUX

Flux Power Holdings shares are trading lower after the company reported worse-than-expected Q3 financial results. Also, Maxim Group maintained a Buy rating on the stock and lowered its price target from $9 to $6.

<p>Wells Fargo  analyst Elyse Greenspan   maintains Brighthouse Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHF#NASDAQ">BHF</a>) with a Equal-Weight and lowers the price target from $51 to $50.</p>


Brighthouse Financial, Inc. - Common Stock

Wells Fargo Maintains Equal-Weight on Brighthouse Finl, Lowers Price Target to $50

<p>Stephens &amp; Co.  analyst John Campbell   maintains Fathom Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTHM#NASDAQ">FTHM</a>) with a Overweight and lowers the price target from $4 to $2.5.</p>


FTHM

Stephens & Co. Maintains Overweight on Fathom Holdings, Lowers Price Target to $2.5

<p>Morgan Stanley  analyst Jeffrey Hung   maintains Amicus Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOLD#NASDAQ">FOLD</a>) with a Overweight and lowers the price target from $20 to $19.</p>


FOLD

Morgan Stanley Maintains Overweight on Amicus Therapeutics, Lowers Price Target to $19

<p>Wells Fargo  analyst Elyse Greenspan   maintains Aflac (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AFL#NYSE">AFL</a>) with a Equal-Weight and raises the price target from $81 to $82.</p>


Wells Fargo Maintains Equal-Weight on Aflac, Raises Price Target to $82

<p>Morgan Stanley  analyst Keith Weiss   maintains Akamai Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) with a Equal-Weight and lowers the price target from $117 to $106.</p>


AKAM

Morgan Stanley Maintains Equal-Weight on Akamai Techs, Lowers Price Target to $106

<p><a href="https://www.benzinga.com/personal-finance/24/04/38275323/warren-buffett-warns-dont-watch-the-market-closely-urges-not-to-obsessively-check-stock-prices-i">Warren Buffett</a>, the esteemed CEO of Berkshire Hathaway and a symbol of prudent investing, is known for his simple lifestyle and frugal choices, despite his billionaire status.</p>
<p>Buffett used a $20 flip phone for years, even after investing billions in Apple, a company synonymous with cutting-edge technology. This continued use of a basic phone highlighted his preference for simplicity and practicality.</p>
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<p>Buffett&#8217;s investment in Apple began in 2016, reflecting a significant engagement with the tech sector. Initially, Berkshire&#8217;s investment in Apple was about $35 billion between 2016 and 2018. By the start of 2020, this investment had grown to about $72 billion and further increased to approximately $109 billion by the end of September 2020, reflecting a substantial gain. Throughout 2020, despite some sales of shares, the value of Berkshire&#8217;s Apple investment likely ended at around $125 billion, marking a notable 78% growth over the year, according to reports.&nbsp;</p>
<p>Despite his cautious approach to technology, by 2023, Apple had become Berkshire Hathaway&#8217;s largest holding. At its peak, Apple shares constituted about half of Berkshire&#8217;s U.S. stock portfolio. Although the stake had reduced to the lower-to-mid 40% range with 790 million shares, down from 905 million at the end of the previous year, Buffett&#8217;s admiration for Apple and its leadership under CEO Tim Cook remained undiminished.</p>
<p>In a poignant transition reflective of his trust in Apple, Buffett upgraded to an iPhone in 2020 at the age of 89. During a CNBC interview, he humorously recounted the upgrade from his flip phone, stating, "I am now using, not very often, the latest model." He even joked about a scenario where he might be seen "crushing with my foot my old flip phone."</p>
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<p>Further illustrating his journey into the digital age, Buffett shared that Tim Cook personally helped him navigate the complexities of the iPhone. "I went out to California, and Tim Cook very patiently spent hours trying to move me up to the level of the average two-year-old," Buffett said, humorously noting, "Didn&#8217;t quite make it."</p>
<p>Despite finally adopting smartphone technology, Buffett admitted he primarily uses his iPhone just to make calls, sticking to his preference for simplicity. His transition from a flip phone to an iPhone in 2020 marked a personal milestone and underscored his commitment to his largest equity investment.</p>
<p>Buffett&#8217;s ability to adapt, albeit slowly, to technological advancements, while maintaining his investment philosophy and simple living, demonstrates a balanced approach to embracing modern innovations without letting go of foundational values.</p>
<p>His experiences and insights, particularly his comments on Apple&#8217;s unique consumer loyalty  — "If you're an Apple user and somebody <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/04/31768845/warren-buffett-explains-why-apple-stock-is-an-extraordinary-investment">offers you $10,000</a> to give up your iPhone forever, you're not going to take it" — reflect his deep understanding of the value beyond technology, especially as a user himself. </p>
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Personal Finance

Warren Buffett Used A $20 Flip Phone Until Upgrading To An iPhone Only Four Years Ago — Despite Having Over $100 Billion Invested In Apple

<p>Wells Fargo  analyst Elyse Greenspan   maintains Hamilton Insurance Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HG#NYSE">HG</a>) with a Overweight and raises the price target from $16 to $19.</p>


Wells Fargo Maintains Overweight on Hamilton Insurance Group, Raises Price Target to $19

<p>Morgan Stanley  analyst Adam Jonas   maintains Adient (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADNT#NYSE">ADNT</a>) with a Underweight and lowers the price target from $35 to $32.</p>
