Streetbeat News

Analyst Ratings

SNCY

Barclays has maintained its Overweight rating for Sun Country Airlines (NASDAQ:SNCY) but lowered its price target from $28.00 to $25.00. Sun Country Airlines' shares are currently trading down 1.93% at $14.99 per share. A move to $25.00 would represent a 66.72% increase from the current share price.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:00 pm

NWSA

JP Morgan has maintained its Overweight rating for News Corporation (NASDAQ:NWSA) and increased its price target from $27.00 to $28.00. This new target represents a 37.29% increase from the current share price. Despite this, shares of News Corporation have been trading down 1.76% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:00 pm

EMKR

Craig-Hallum has maintained its Buy rating for EMCORE (NASDAQ:EMKR) but lowered its price target from $3.00 to $1.50. EMCORE's shares are currently trading down 5.57% at $0.47 per share. A move to the new target price would represent a 216.19% increase from the current share price.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:00 pm

GLTO

Galecto (NASDAQ:GLTO) has received various analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and 1 indifferent. Over the past 3 months, 6 analysts have offered 12-month price targets for Galecto, with an average price target of $8.67, a decrease of 30.64% from the previous average price target of $12.50.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:00 pm

BDX

Citigroup has maintained its Neutral rating for Becton Dickinson (BDX) and raised its price target from $260.00 to $282.00. Becton Dickinson's shares are currently trading up 0.64% at $275.43 per share. A move to $282.00 would represent a 2.39% increase from the current share price.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:00 pm

BF

Deutsche Bank has maintained its Hold rating for Brown Forman Inc Class B Common Stock (NYSE:BF) and raised its price target from $65.00 to $66.00. The current share price is $67.63, meaning the new target would represent a 2.41% decrease. Brown-Forman is a U.S.-based manufacturer of premium distilled spirits, with the majority of its revenues coming from the whiskey category.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:00 pm

PANW

Shares of Palo Alto Networks Inc (NASDAQ:PANW) spiked after the company reported its fiscal fourth-quarter results. Analysts from RBC Capital Markets, Raymond James, Rosenblatt Securities, Oppenheimer, and Guggenheim Securities provided their insights on the earnings release. The analysts highlighted the company's strong position in enterprise security, profitable growth, margin improvement, and long-term product growth opportunities. However, they also noted increasing macro headwinds and deal scrutiny.

Portfolio Pulse from Priya Nigam

August 21, 2023 | 4:46 pm

KMI

Kinder Morgan's (NYSE:KMI) short percent of float has fallen 7.73% since its last report, indicating a more bullish sentiment towards the stock. The company has 37.22 million shares sold short, which is 1.91% of all regular shares available for trading. Compared to its peers, Kinder Morgan has less short interest, with the average for its peer group being 3.41%.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 4:45 pm

UL

Unilever's (NYSE:UL) short percent of float has fallen 8.33% since its last report, with 2.69 million shares sold short, which is 0.11% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Unilever. Compared to its peers, Unilever has less short interest as a percentage of float, with an average of 6.90%.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 4:45 pm

RTX

The short percent of float for RTX (NYSE:RTX) has risen 36.84% since its last report, with 11.40 million shares sold short, representing 0.78% of all regular shares available for trading. It would take traders 1.0 days on average to cover their short positions based on its trading volume. An increase in short interest can indicate a bearish market sentiment towards a stock. However, RTX's short interest as a percentage of float is less than its peer group average of 3.04%.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 4:45 pm