Streetbeat News

Analyst Ratings

UL

Unilever's (NYSE:UL) short percent of float has fallen 9.09% since its last report, with 2.59 million shares sold short, which is 0.1% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Unilever. Compared to its peers, Unilever has less short interest as a percentage of float, with an average of 7.04%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:45 pm

ELV

Elevance Health's (NYSE:ELV) short percent of float has fallen 14.49% since its last report, with 1.39 million shares sold short, which is 0.59% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Elevance Health has less short interest as a percentage of float, with an average of 3.26%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:45 pm

EL

Estee Lauder Cos's (NYSE:EL) short percent of float has risen 14.39% since its last report, with 3.50 million shares sold short, which is 1.51% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, Estee Lauder's short interest as a percentage of float is less than its peer group average of 6.98%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:45 pm

WOLF

Morgan Stanley has maintained an Equal-Weight rating on Wolfspeed's stock but lowered its price target from $44 to $42. This has led to a decrease in Wolfspeed's share price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 7:15 pm

TFC

Truist Finl's (NYSE:TFC) short percent of float has fallen 25.97% since its last report, with 15.10 million shares sold short, which is 1.14% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Truist Finl has less short interest as a percentage of float, with an average of 4.63%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:15 pm

SNY

Sanofi's (NYSE:SNY) short percent of float has risen 7.69% since its last report, with 3.42 million shares sold short, which is 0.14% of all regular shares available for trading. It would take traders 3.25 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Sanofi's peer group average for short interest as a percentage of float is 4.32%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:15 pm

MS

Morgan Stanley's (NYSE:MS) short percent of float has risen 3.42% since its last report, with 19.28 million shares sold short, which is 1.51% of all regular shares available for trading. It would take traders 3.26 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.64%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:15 pm

MELI

A significant amount of unusual options activity has been detected for MercadoLibre (NASDAQ:MELI), with a bearish stance being taken by a majority of investors. Of the 16 strange trades detected, 56% were bearish and 43% were bullish. The total amount for puts was $352,695 and for calls was $195,946. Whales have been targeting a price range from $1020.0 to $1600.0 for MercadoLibre over the last 3 months. The company's stock price is currently down -0.61% at $1388.12. Analysts have mixed opinions, with New Street Research and UBS maintaining a Buy rating, while Wedbush has downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:01 pm

EXTR

Extreme Networks (NASDAQ:EXTR) has received 9 analyst ratings in the last quarter, with 6 being bullish, 1 somewhat bullish, and 2 indifferent. The average price target is $33.78, indicating an upside from the current price of $24.565. The average price target has increased by 31.85% over the past month.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

CLAR

Over the past 3 months, 4 analysts have published their opinion on Clarus (NASDAQ:CLAR) stock. The analysts have an average price target of $12.0 versus the current price of Clarus at $7.32, implying upside. This current average represents a 20.0% decrease from the previous average price target of $15.00.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm