Streetbeat News

Analyst Ratings

AEP

American Electric Power's (NYSE:AEP) short percent of float has risen 12.4% since its last report, with 7.44 million shares sold short, which is 1.45% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a stock. However, compared to its peers, AEP has less short interest as a percentage of float, which is 2.25% on average.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:15 pm

SO

Southern's (NYSE:SO) short percent of float has fallen 4.67% since its last report, with 11.13 million shares sold short, which is 1.02% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Southern has less short interest as a percentage of float, with an average of 2.27%.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:15 pm

VJET

voxeljet reported Q2 earnings with losses of $(0.44) per share, beating the analyst consensus estimate of $(0.58) by 24.14%. The company also reported quarterly sales of $7.45 million, beating the estimate of $5.25 million by 41.94%. This represents a 57.14% decrease in losses and a 4.50% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:12 pm

COIN

Coinbase has launched its Layer 2 network, Base, built on Ethereum, which has gained 100,000 users and hosts over $200 million in assets. Needham analyst John Todaro initiated a Buy rating on Coinbase with a price target of $120, citing Base's user-friendly design and innovative projects. However, transitioning between Ethereum and Base can be challenging, and it may take time for it to resonate with the average Coinbase user. Assets linked to Base have crossed the $230 million mark. If Base maintains its current trajectory, Coinbase could earn more than $60 million in annual revenue.

Portfolio Pulse from Anusuya Lahiri

August 17, 2023 | 8:03 pm

AMAT

Applied Mat reported Q3 earnings of $1.90 per share, beating the analyst consensus estimate of $1.74 by 9.2%. However, this is a 2.06% decrease from the same period last year. The company also reported quarterly sales of $6.42 billion, surpassing the analyst consensus estimate of $6.16 billion by 4.3%, but marking a 1.46% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:03 pm

ABNB

A significant amount of unusual options activity has been observed for Airbnb (NASDAQ:ABNB), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 55% bullish and 44% bearish. The options activity suggests a target price range from $105.0 to $160.0 for Airbnb over the last 3 months. Several financial institutions have maintained their ratings on Airbnb, with price targets ranging from $105 to $165.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:01 pm

FOXA

Over the past 3 months, 8 analysts have published their opinion on Fox (NASDAQ:FOXA) stock. The average 12-month price target for Fox is $36.12, a decrease of 2.01% from the previous average price target of $36.86.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:00 pm

JKHY

Over the past 3 months, 12 analysts have published their opinion on Jack Henry & Associates (NASDAQ:JKHY) stock. The company has an average price target of $174.42, a decrease of 2.9% from the previous average price target of $179.62. The majority of analysts are indifferent about the stock, with 3 bullish, 1 somewhat bullish, and 8 indifferent ratings.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:00 pm

PR

Five analysts have provided ratings for Permian Resources (NYSE:PR) in the last quarter, with two bullish, two somewhat bullish, and one indifferent. The average price target is $14.0, compared to the current price of $12.625, implying an upside. This average has increased by 5.03% from the previous average price target of $13.33.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:00 pm

ULTA

19 analysts have provided ratings for Ulta Beauty (NASDAQ:ULTA) over the last quarter, with an average price target of $536.16, implying an upside from the current price of $446.395. The current average has decreased by 2.73% from the previous average price target of $551.20.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 8:00 pm