Streetbeat News

Analyst Ratings

OFC

Truist Securities has maintained its Hold rating for Corporate Office Properties Trust (NYSE:OFC) and increased its price target from $26.00 to $28.00. The shares of OFC are currently trading down 0.34% at $26.05 per share. A move to $28.00 would represent a 7.49% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:00 pm

DASH

DoorDash's (NYSE:DASH) short percent of float has fallen 12.65% since its last report, with 13.05 million shares sold short, which is 3.59% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards DoorDash. Compared to its peers, DoorDash has less short interest as a percentage of float, with an average of 8.41%.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:00 pm

SBGI

Rosenblatt has maintained its Neutral rating for Sinclair (NASDAQ:SBGI) but lowered its price target from $18.60 to $13.50. Sinclair's shares are currently trading down 2.83% at $10.98 per share. A move to $13.50 would represent a 22.95% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:00 pm

PR

Permian Resources (NYSE:PR) has received mostly bullish ratings from 12 analysts in the last quarter, with an average price target of $15.67, an increase of 8.82% from the previous average price target of $14.40. No bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:00 pm

LUMN

Morgan Stanley has maintained its Underweight rating for Lumen Technologies (NYSE:LUMN) and lowered its price target from $2.50 to $1.80. Lumen Technologies' shares are currently trading down 7.28% at $1.47 per share. A move to $1.80 would represent a 22.87% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:00 pm

AKRO

JP Morgan analyst Eric Joseph maintains an Overweight rating on Akero Therapeutics (NASDAQ:AKRO) and raises the price target from $49 to $62.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:59 pm

INSM

Guggenheim analyst Vamil Divan has reiterated a 'Buy' rating on Insmed (NASDAQ:INSM) and raised the price target from $50 to $52.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:53 pm

AB

AllianceBernstein Holding LP (NYSE:AB) shares are climbing after a long Labor Day weekend. BofA Securities analyst Craig Siegenthaler upgraded the rating for AllianceBernstein from Neutral to Buy, raising the price target from $36 to $47. The upgrade is due to the potential for a net flow reacceleration driven by large fixed-income reallocations in 2024 and savings led by cost-cutting through 2025.

Portfolio Pulse from Priya Nigam

September 05, 2023 | 4:50 pm

FDS

Deutsche Bank analyst George Hill has maintained a 'Buy' rating on FactSet Research Systems (NYSE:FDS) and raised the price target from $461 to $471.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:47 pm

GME

GameStop Corp (NYSE:GME) is set to report its Q2 financial results. Analysts expect a revenue of $1.14 billion and a loss of 14 cents per share. The company has missed revenue estimates in three of the last four quarters and earnings per share estimates in six of the last eight quarters. Wedbush analyst Michael Pachter predicts more downside for the company, citing underwhelming Microsoft hardware sales and other factors. The company has also seen several personnel changes in 2023, including the resignation of CEO Matt Furlong and CFO Diana Saadeh-Jajeh.

Portfolio Pulse from Chris Katje

September 05, 2023 | 4:46 pm