Streetbeat News

Analyst Ratings

BRZE

JP Morgan analyst Pinjalim Bora maintains an Overweight rating on Braze (NASDAQ:BRZE) and raises the price target from $45 to $52.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 2:48 pm

TSX:TCL

BMO Capital analyst Stephen MacLeod has maintained a 'Market Perform' rating on Transcontinental (TSX:TCL) and lowered the price target from C$17 to C$15.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 2:46 pm

ABBV

AbbVie's (NYSE:ABBV) short percent of float has risen 15.38% since its last report, with 13.26 million shares sold short, which is 0.75% of all regular shares available for trading. It would take traders 3.35 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. AbbVie's peer group average for short interest as a percentage of float is 3.85%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 2:45 pm

DHI

D.R. Horton's (NYSE:DHI) short percent of float has risen 9.17% since its last report, with 7.49 million shares sold short, which is 3.81% of all regular shares available for trading. It would take traders 3.09 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. D.R. Horton's peer group average for short interest as a percentage of float is 6.23%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 2:45 pm

WST

West Pharmaceutical Servs's (NYSE:WST) short percent of float has risen 37.27% since its last report, with 850 thousand shares sold short, which is 1.51% 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, West Pharmaceutical Servs's short interest as a percentage of float is less, with an average of 4.74%.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 2:45 pm

AREB

PLTR

SPWH

SWIN

TDUP

Benzinga's Stock Whisper Index has identified five stocks that warrant attention for the week of Sept. 8, 2023. These include Palantir Technologies, ThredUp Inc, Solowin Holdings, Sportsman’s Warehouse Holdings, and American Rebel Holdings. Palantir is advising the White House on AI regulation, ThredUp saw strong interest despite minimal news, Solowin went public with huge volatility, Sportsman’s Warehouse shares declined after Q2 results missed estimates, and American Rebel shares increased after an update from the company.

Portfolio Pulse from Chris Katje

September 08, 2023 | 2:45 pm

DOOO

BMO Capital analyst Thomas Martin maintains an 'Outperform' rating on BRP (TSX:DOO) but lowers the price target from C$154 to C$150.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 2:44 pm

SMAR

BMO Capital analyst Keith Bachman maintains an Outperform rating on Smartsheet (NYSE:SMAR) and raises the price target from $44 to $50.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 2:40 pm

BVN

CPAC

NUE

OLN

X

Benzinga Insights has identified five value stocks in the basic materials sector that may be worth watching: United States Steel (NYSE:X), Nucor (NYSE:NUE), Cementos Pacasmayo (NYSE:CPAC), Olin (NYSE:OLN), and Buenaventura Mining Co (NYSE:BVN). The selection is based on the price-to-earnings (P/E) multiple, with all five companies showing a low P/E, indicating potential undervaluation. The report also includes recent earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 2:39 pm

BXP

BMO Capital analyst John Kim maintains an Outperform rating on Boston Properties (NYSE:BXP) and raises the price target from $75 to $80.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 2:38 pm