Streetbeat News

Analyst Ratings

VCTR

Victory Capital Holdings (NASDAQ:VCTR) has received mixed analyst ratings in the last quarter, with 4 somewhat bullish and 3 somewhat bearish. The company's average 12-month price target has increased by 6.2% to $36.29, with a high of $47.00 and a low of $25.00.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

CB

In the last quarter, Chubb (NYSE:CB) received 1 bullish, 8 somewhat bullish, and 3 indifferent ratings from analysts. The company's average 12-month price target is $241.0, an increase of 4.01% from the previous average of $231.71.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

NKE

Nike's (NYSE:NKE) short percent of float has risen 30.53% since its last report, with 16.95 million shares sold short, which is 1.71% of all regular shares available for trading. It would take traders 2.29 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Nike's peer group average for short interest as a percentage of float is 7.64%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

PGR

In the last quarter, Progressive (NYSE:PGR) received mixed analyst ratings with 1 bullish, 4 somewhat bullish, 5 indifferent, 6 somewhat bearish, and 2 bearish. The company's average 12-month price target is $126.56, a 1.42% decrease from the previous average of $128.38.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

PTEN

In the last quarter, Patterson-UTI Energy (NASDAQ:PTEN) has received mostly bullish ratings from analysts. The company's average price target has increased by 10.04% from the previous average price target of $17.83 to $19.62. The high price target is $23.00 and the low is $15.00.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

CNC

Centene's (NYSE:CNC) short percent of float has risen 6.45% since its last report, with 6.27 million shares sold short, which is 1.32% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Centene has less short interest as a percentage of float (3.20%).

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

NSC

Norfolk Southern (NYSE:NSC) has received a mix of bullish and indifferent ratings from analysts in the last quarter. The average price target for the stock is $243.0, which is higher than its current price of $193.95, implying an upside. The average price target has increased by 3.03% from the previous average of $235.86.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

HAL

Halliburton's (NYSE:HAL) short percent of float has fallen 6.41% since its last report, with 20.90 million shares sold short, which is 2.63% of all regular shares available for trading. It would take traders 2.73 days to cover their short positions on average. Compared to its peers, Halliburton has less short interest as a percentage of float, with the average being 5.57%.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:00 pm

NVS

Novartis AG has announced positive interim results from the Phase 3 APPLAUSE-IgAN study of iptacopan, a therapy for IgA nephropathy (IgAN), a rare kidney disease. The study showed iptacopan's superiority over placebo in reducing proteinuria. The safety profile was consistent with previous data. The study continues to evaluate iptacopan’s ability to slow IgAN progression. Novartis plans to submit for possible accelerated approval with the FDA in 2024. Novartis shares are down 0.30% at $101.55 during the premarket session.

Portfolio Pulse from Vandana Singh

October 02, 2023 | 12:59 pm

TSX:HZM

BMO Capital's analyst Alexander Pearce has downgraded Horizonte Minerals from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 12:59 pm