Streetbeat News

Analyst Ratings

GS

Goldman Sachs Gr's (NYSE:GS) short percent of float has risen 12.36% since its last report, with 3.27 million shares sold short, which is 1.0% of all regular shares available for trading. It would take traders 1.1 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Goldman Sachs Gr's peer group average for short interest as a percentage of float is 3.80%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 4:45 pm

DINO

DK

MPC

PBF

PSX

VLO

Bank of America Securities analyst Doug Leggate has recommended a strategic pause for US refiners due to a combination of capacity offshoring and a sustainable cost advantage of US natural gas. He sees risks that margins are peaking and seasonal trends could pressure margins in the coming months. He views Phillips 66, Marathon Petroleum Corp, and Valero Energy Corp as defensive plays, with PBF Energy Inc most leveraged to ongoing changes. He has lowered all Buy-rated refiners to Neutral.

Portfolio Pulse from Shivani Kumaresan

August 15, 2023 | 4:36 pm

SHPW

Needham has maintained a Buy rating on Shapeways Holdings but lowered its price target from $8 to $4.5. This has led to a decrease in the trading price of Shapeways Holdings shares.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 4:36 pm

NVDA

NVIDIA's stock is trading higher following UBS's decision to raise its estimates and increase its price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 4:34 pm

MSFT

NVDA

NVIDIA Corp (NVDA) is set to report earnings next week, which is being considered a make-or-break moment for the broader market by Gene Munster of Deepwater Asset Management. The chipmaker is expected to report earnings of $2.05 per share and revenue of $11.02 billion. The stock rallied after Morgan Stanley predicted Nvidia would beat estimates and raise guidance again this quarter. Munster believes that if Nvidia exceeds the expected data center number of around $8 billion, it could send the broader market higher.

Portfolio Pulse from Adam Eckert

August 15, 2023 | 4:31 pm

BABA

BIDU

JD

MCHI

CNBC Mad Money host Jim Cramer suggests that it might be a good time to buy U.S.-listed China stocks such as Alibaba Group Holding Limited (BABA), Baidu, Inc. (BIDU), and JD.com, Inc. (JD) as they are trading way off their 2021 levels. This comes after the People's Bank of China surprised with a rate cut, which Cramer believes could stimulate the Chinese stock market. However, he remains critical of the economic conditions in China.

Portfolio Pulse from Shanthi Rexaline

August 15, 2023 | 4:14 pm

GETY

Getty Images Holdings Inc (GETY) reported worse-than-expected Q2 results and lowered FY23 guidance, leading to a decrease in its stock price. Analysts from Wedbush, Benchmark, and Citigroup have lowered their estimates and price targets for the company, but maintain a positive outlook, expecting a rebound driven by the company's focus on profitability and potential economic recovery.

Portfolio Pulse from Lekha Gupta

August 15, 2023 | 4:12 pm

BBLG

Zacks Small-Cap Research has set a price valuation of $7.50 for Bone Biologics (BBLG).

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 4:04 pm

SBEV

EF Hutton analyst Ben Piggott maintains a 'Buy' rating on Splash Beverage Group (AMEX:SBEV), but lowers the price target from $3 to $2.5.

Portfolio Pulse from richadhand@benzinga.com

August 15, 2023 | 4:04 pm

ORCL

Zacks Tech Innovators Newsletter has picked Oracle (ORCL) as a stock to watch. No specific reasons were given in the article.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 4:03 pm