Streetbeat News

Analyst Ratings

NVDA

PATH

TWLO

Cathie Wood, the founder of Ark Invest, addressed investor concerns regarding Ark's multiple sales of Nvidia Corp (NASDAQ:NVDA) stock. Wood stated that Ark Invest takes profits when their stocks surge significantly in a short period. She recalled buying Nvidia shares back in 2014 when it was trading at roughly $5. Wood also mentioned that companies like Twilio Inc (NYSE:TWLO) and UiPath Inc (NYSE:PATH) are in her focus due to their lower revenue multiples and potential for exponential growth.

Portfolio Pulse from AJ Fabino

September 01, 2023 | 3:21 pm

SOL

Northland Capital Markets has maintained an Outperform rating on Emeren Group (NYSE:SOL) but lowered the price target from $9.5 to $6.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:20 pm

GMS

Loop Capital analyst Jeffrey Stevenson maintains a 'Hold' rating on GMS (NYSE:GMS) and raises the price target from $72 to $74.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:16 pm

GWW

W.W. Grainger's (NYSE:GWW) short percent of float has risen 11.02% since its last report, with 1.12 million shares sold short, which is 2.82% of all regular shares available for trading. It would take traders 4.37 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.63%.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 3:15 pm

GS

Goldman Sachs Gr's (NYSE:GS) short percent of float has fallen 5.0% since its last report, with 3.13 million shares sold short, which is 0.95% 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, Goldman Sachs has less short interest as a percentage of float, with an average of 3.45%.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 3:15 pm

LULU

Lululemon Athletica Inc's Q2 results have been praised by analysts, leading to a spike in its shares. The company beat earnings expectations, with strong sales, gross margin, and SG&A. Analysts from Telsey Advisory Group, BMO Capital Markets, KeyBanc Capital Markets, Raymond James, and Guggenheim Securities have all maintained or raised their ratings and price targets for Lululemon. The company's management also raised their full-year sales projections.

Portfolio Pulse from Priya Nigam

September 01, 2023 | 3:15 pm

OLLI

Loop Capital analyst Anthony Chukumba maintains a 'Hold' rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raises the price target from $71 to $80.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:14 pm

CM

RBC Capital analyst Darko Mihelic has maintained a 'Sector Perform' rating on Canadian Imperial Bank (NYSE:CM) but lowered the price target from C$72 to C$67.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:11 pm

CRON

Roth MKM analyst Bill Kirk has reiterated a 'Buy' rating on Cronos Group (TSX:CRON) and maintained a price target of C$5.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:09 pm

S

DA Davidson analyst Rudy Kessinger has maintained a Neutral rating on SentinelOne (NYSE:S) and raised the price target from $13.5 to $16.5.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 3:09 pm