Streetbeat News

Analyst Ratings

CTAS

Cintas's (NYSE:CTAS) short percent of float has fallen 16.06% since its last report, with 993 thousand shares sold short, which is 1.15% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Cintas has less short interest.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:00 pm

JEF

Jefferies Financial Gr (NYSE:JEF) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, 1 indifferent, and 2 somewhat bearish. The average 12-month price target for the company is $36.33, which has increased by 6.85% over the past month.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:00 pm

STM

STMicroelectronics's (NYSE:STM) short percent of float has risen 13.04% since its last report, with 4.73 million shares sold short, which is 0.52% 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, STMicroelectronics has less short interest as a percentage of float, with an average of 3.68%.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:00 pm

HNST

Analysts have provided indifferent ratings for Honest Co (NASDAQ:HNST) within the last quarter. These 4 analysts have an average price target of $1.96 versus the current price of Honest Co at $1.45, implying upside. This current average has decreased by 2.0% from the previous average price target of $2.00.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:00 pm

TIO

Tingo Group, Inc. (NASDAQ:TIO) has issued a response to allegations made by short-seller Hindenburg Research. Tingo Group has completed a detailed investigation into the allegations and disproved all of them. The company is currently considering taking legal action against Hindenburg. Tingo Group has also provided detailed explanations and clarifications on various aspects of its operations, including its cash balances, mobile phone supplier, relationship with cooperatives, Tingo Foods inventory, Airtel and network providers, Nwassa, Tingo DMCC and export business, and Hindenburg's submission of questions.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 12:52 pm

ACLS

Benchmark analyst Mark Miller has reiterated a 'Buy' rating on Axcelis Technologies (NASDAQ:ACLS) and maintained a price target of $215.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 12:50 pm

NX

Benchmark analyst Reuben Garner has reiterated a 'Buy' rating on Quanex Building Prods (NYSE:NX) and maintained a price target of $33.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 12:49 pm

WIX

Benchmark analyst Mark Zgutowicz has reiterated a 'Buy' rating on Wix.com (NASDAQ:WIX) and maintained a price target of $130.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 12:48 pm

NYCB

New York Community Bancorp, Inc. (NYSE:NYCB) has promoted Julie Signorille-Browne to Senior Executive Vice President and Chief Operating Officer. She joined the company in 2021 and has over three decades of experience in bank operations, process improvement, and M&A integration. In her new role, she will be responsible for information technology and human resources and will oversee the Flagstar and Signature Bank conversions.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 12:42 pm

USO

CNBC Mad Money host Jim Cramer advises not to trust any market rally in September unless the yield on the 10-year bond drops and oil prices decrease by at least $3. The 10-year yield has been on an upward trend since July 2020, with expectations of more rate hikes from the Federal Reserve. Crude oil prices rallied due to Russia and Saudi Arabia's decision to extend production cuts, but weak global economic growth has kept a lid on prices. The United States Oil Fund, LP (NYSE:USO) fell 0.36% to $77.48 in premarket trading Wednesday.

Portfolio Pulse from Shanthi Rexaline

September 06, 2023 | 12:42 pm