Streetbeat News

Analyst Ratings

TSX:ATS

RBC Capital analyst Sabahat Khan has reiterated an 'Outperform' rating on ATS (TSX:ATS) and maintained a price target of C$69.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 3:42 pm

XOM

Mizuho analyst Nitin Kumar has reiterated a 'Buy' rating on Exxon Mobil (NYSE:XOM) and maintained a price target of $139.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 3:38 pm

ARQT

Mizuho analyst Uy Ear has reiterated a 'Buy' rating on Arcutis Biotherapeutics (NASDAQ:ARQT) and maintained a price target of $57.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 3:37 pm

AXSM

Mizuho analyst Graig Suvannavejh has reiterated a 'Buy' rating on Axsome Therapeutics (NASDAQ:AXSM) and maintained a $100 price target.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 3:35 pm

AMC

AMC Entertainment Holdings Inc's CEO, Adam Aron, sees potential growth for movie theaters following a tentative writers strike deal. The deal includes compensation increases for streaming content, studio concessions on minimum staffing for TV shows, and guarantees related to AI's role in the industry. Aron suggested that the potential deal creates significant upside for movie theaters, a welcome sign for AMC investors who have seen shares battle heavy selling pressure over the last few months. AMC shares were up 8.13% at $8.25 at the time of publication.

Portfolio Pulse from Adam Eckert

September 25, 2023 | 3:31 pm

OPAL

Stifel analyst Derrick Whitfield maintains a Buy rating on OPAL Fuels (NASDAQ:OPAL) and raises the price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 3:31 pm

HMC

Honda Motor Co's (NYSE:HMC) short percent of float has risen 7.69% since its last report, with 2.26 million shares sold short, which is 0.14% of all regular shares available for trading. It would take traders 3.04 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Honda's peer group average for short interest as a percentage of float is 10.94%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 3:30 pm

JNJ

Johnson & Johnson's (NYSE:JNJ) short percent of float has fallen 58.36% since its last report, with 32.86 million shares sold short, which is 1.37% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, JNJ has less short interest as a percentage of float, with an average of 4.26%.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 3:30 pm

ISRG

Intuitive Surgical's (NYSE:ISRG) short percent of float has risen 17.81% since its last report, with 2.99 million shares sold short, which is 0.86% of all regular shares available for trading. It would take traders 1.68 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.36%.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 3:30 pm

SPY

XLK

XLY

Morgan Stanley's equity strategist, Michael Wilson, has a cautious outlook for the U.S. stock market, advocating for a defensive stance. He highlights the resurgence of defensive sectors and weakening momentum in discretionary spending. Wilson recommends underweight positions in Consumer Discretionary and Tech sectors due to multiple pressures. Despite his bearish stance being inaccurate so far, the bank maintains a pessimistic one-year price projection for the S&P 500 Index.

Portfolio Pulse from Piero Cingari

September 25, 2023 | 3:24 pm