Streetbeat News

Analyst Ratings

NEO

Stephens & Co. analyst Jacob Johnson has upgraded NeoGenomics (NASDAQ:NEO) from Equal-Weight to Overweight and raised the price target from $16 to $18.

Portfolio Pulse from richadhand@benzinga.com

August 21, 2023 | 3:25 pm

EL

Deutsche Bank analyst Steve Powers has maintained a 'Buy' rating on Estee Lauder Cos (NYSE:EL) but lowered the price target from $206 to $199.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:23 pm

BF

Deutsche Bank analyst Steve Powers maintains a 'Hold' rating on Brown Forman Inc Class B Common Stock (NYSE:BF) and raises the price target from $65 to $66.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:21 pm

CSCO

Deutsche Bank analyst Matthew Niknam has maintained a 'Hold' rating on Cisco Systems (NASDAQ:CSCO) and raised the price target from $54 to $58.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:21 pm

AMZN

C

DD

DIS

GM

GS

KHC

META

MPW

ODFL

SCU

TSLA

WMT

X

Meta Platforms is preparing to launch a desktop version of Threads to compete with Elon Musk's X. Amazon has restarted its external shipping service, challenging FedEx and UPS. High-profile investors have presented a competing bid for Sculptor Capital Management. Kraft Heinz plans to offer Lunchables to school cafeterias. Medical Properties Trust's deal with Prospect Medical Holdings is on hold. Tesla has suffered a data breach affecting over 75,000 people. Old Dominion Freight Line has offered $1.5 billion to acquire Yellow Corp's terminals. General Motors' Cruise is under investigation after a collision. DuPont is in talks to sell its Delrin resins unit. Disney is in a legal battle with Florida Governor Ron DeSantis. Goldman Sachs faces potential lawsuits over the 1MDB scandal. Citigroup is considering splitting its largest division. Walmart and Centric Brands are examining their Cambodian supply chains. US Steel denies union veto rights in company sale.

Portfolio Pulse from Vandana Singh

August 21, 2023 | 3:17 pm

NSSC

NAPCO Security Technologies reported preliminary Q4 financial results, which led to a decrease in its share prices. Several firms also downgraded their ratings and price targets for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:16 pm

SDRL

BWS Financial analyst Hamed Khorsand maintains a Buy rating on Seadrill (NYSE:SDRL) and raises the price target from $50 to $62.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:15 pm

XEL

Xcel Energy's (NYSE:XEL) short percent of float has risen 6.06% since its last report, with 5.80 million shares sold short, which is 1.05% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Xcel Energy's peer group average for short interest as a percentage of float is 2.27%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 3:15 pm

SHW

Sherwin-Williams's (NYSE:SHW) short percent of float has fallen 9.45% since its last report, with 2.73 million shares sold short, which is 1.15% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Sherwin-Williams has less short interest.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 3:15 pm

CDNS

Cadence Design Sys's (NYSE:CDNS) short percent of float has fallen 3.6% since its last report, with 2.18 million shares sold short, which is 1.07% 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, Cadence has less short interest as a percentage of float, with an average of 3.21%.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 3:15 pm