Streetbeat News

Analyst Ratings

DE

Stifel analyst Stanley Elliott maintains a Buy rating on Deere (NYSE:DE) but has lowered the price target from $493 to $460.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:36 pm

ELBM

Alliance Global Partners analyst Jake Sekelsky has maintained a 'Buy' rating on Electra Battery Materials (NASDAQ:ELBM), but lowered the price target from $4.5 to $2.25.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:32 pm

FN

Fabrinet (NYSE:FN) is set to report its Q4 financial results on Aug. 21, 2023. Analysts predict earnings of $1.80 per share, up from $1.68 per share a year ago, and revenue of $640.61 million, up from $587.87 million. The company's shares closed at $117.85 on Friday, up 1.4%. Several analysts have recently revised their ratings and price targets for the company.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 1:32 pm

CRC

Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on California Resources (NYSE:CRC) and raised the price target from $60 to $68.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:31 pm

PKX

POSCO Holdings's (NYSE:PKX) short percent of float has risen 44.44% since its last report, with 1.98 million shares sold short, which is 0.65% 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, POSCO has less short interest as a percentage of float, which is 3.84% on average.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 1:30 pm

TSM

Taiwan Semiconductor's (NYSE:TSM) short percent of float has risen 3.7% since its last report, with 14.73 million shares sold short, which is 0.28% 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, Taiwan Semiconductor has less short interest as a percentage of float, with an average of 4.53%.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 1:30 pm

AMAT

Applied Mat's (NYSE:AMAT) short percent of float has risen 24.24% since its last report, with 20.65 million shares sold short, which is 2.46% of all regular shares available for trading. It would take traders 2.88 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.23%.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 1:30 pm

ADC

Truist Securities analyst Ki Bin Kim maintains a 'Buy' rating on Agree Realty (NYSE:ADC) but has lowered the price target from $77 to $74.

Portfolio Pulse from richadhand@benzinga.com

August 21, 2023 | 1:29 pm

PANW

Baird analyst Shrenik Kothari maintains an Outperform rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $235 to $273.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:25 pm

OKTA

Guggenheim analyst John Difucci has reiterated a 'Buy' rating on Okta (NASDAQ:OKTA) and maintained a price target of $96.

Portfolio Pulse from richadhand@benzinga.com

August 21, 2023 | 1:24 pm