Streetbeat News

Analyst Ratings

MMC

Marsh & McLennan's (NYSE:MMC) short percent of float has risen 25.0% since its last report, with 2.74 million shares sold short, which is 0.55% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Marsh & McLennan's short interest as a percentage of float is less, with an average of 3.14%.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:15 pm

URI

United Rentals's (NYSE:URI) short percent of float has risen 7.5% since its last report, with 2.57 million shares sold short, which is 4.3% of all regular shares available for trading. It would take traders 3.11 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.57%.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:15 pm

CDW

CDW's short percent of float has fallen 10.0% since its last report, with 1.59 million shares sold short, which is 1.35% of all regular shares available for trading. It would take traders 2.05 days to cover their short positions on average. CDW's peer group average for short interest as a percentage of float is 3.16%, indicating that the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:15 pm

NVCR

Novocure (NASDAQ:NVCR) will participate in the International Association for the Study of Lung Cancer (IASLC) 2023 World Conference on Lung Cancer (WCLC) in Singapore. The company will present new post-hoc analysis of data from its phase 3 LUNAR trial in metastatic non-small cell lung cancer. The trial demonstrated a significant extension in overall survival for patients treated with Tumor Treating Fields (TTFields) therapy and standard systemic therapies. Novocure is also partnering with the IASLC to provide research grants for innovative research on TTFields in the treatment of non-small cell lung cancer.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 8:03 pm

DHI

A whale investor has taken a bullish stance on D.R. Horton (NYSE:DHI), with 63% of investors opening trades with bullish expectations and 36% with bearish. The whale has been targeting a price range from $55.0 to $125.0 for D.R. Horton over the last 3 months. The price of DHI is currently up 0.25% at $117.4. The next earnings are expected to be released in 61 days.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:01 pm

UPS

A large investor has taken a bullish stance on United Parcel Service (NYSE:UPS), as evidenced by a significant position in the company's options. The overall sentiment of these big-money traders is split between 70% bullish and 30% bearish. The whales have been targeting a price range from $140.0 to $210.0 for UPS over the last 3 months. The price of UPS is currently down -0.81% at $160.92, and RSI indicators suggest the stock may be oversold.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:01 pm

NUE

Over the past 3 months, 6 analysts have published their opinion on Nucor (NYSE:NUE) stock. The average price target is $166.5, implying an upside from the current price of $164.75. The average price target has increased by 8.47% over the past month.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:00 pm

ENVX

Over the past 3 months, 8 analysts have published their opinion on Enovix (NASDAQ:ENVX) stock, with 5 being bullish, 2 somewhat bullish, and 1 indifferent. The average 12-month price target for Enovix is $23.62, an increase of 29.42% from the previous average price target of $18.25.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:00 pm

ORLY

In the last quarter, O'Reilly Automotive (NASDAQ:ORLY) received 1 bullish, 4 somewhat bullish, and 3 indifferent ratings from analysts. The company's average 12-month price target is $1005.62, an increase of 6.17% from the previous average of $947.14.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:00 pm

GPC

In the last quarter, Genuine Parts (NYSE:GPC) received 2 bullish, 1 somewhat bullish, and 3 indifferent analyst ratings. The company's average 12-month price target is $177.17, a decrease of 0.13% from the previous average of $177.40.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:00 pm