Streetbeat News

Analyst Ratings

ED

Consolidated Edison's (NYSE:ED) short percent of float has risen 10.53% since its last report, with 6.44 million shares sold short, which is 2.52% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock, signaling that investors have become more bearish. However, increasing short interest can also be bullish for a stock.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 3:45 pm

MUFG

Mitsubishi UFJ Financial Group's (NYSE:MUFG) short percent of float has fallen 14.29% since its last report, with 6.63 million shares sold short, which is 0.06% 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, MUFG has less short interest as a percentage of float, with an average of 0.96%.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 3:45 pm

WPRT

TD Cowen analyst Jeffrey Osborne maintains a 'Market Perform' rating on Westport Fuel Systems (NASDAQ:WPRT) but has lowered the price target from $12 to $10.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 10, 2023 | 3:44 pm

LAW

Stifel analyst Parker Lane maintains a 'Buy' rating on CS Disco (NYSE:LAW) and has raised the price target from $8 to $12.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 10, 2023 | 3:41 pm

J

TD Cowen analyst Gautam Khanna maintains an Outperform rating on Jacobs Solutions (NYSE:J) and raises the price target from $128 to $143.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 10, 2023 | 3:40 pm

AAPL

DIS

GOOG

GOOGL

PENN

The Walt Disney Company (DIS) reported mixed Q3 results, missing revenue estimates but beating earnings per share estimates. Analysts have mixed views on the company's future, with some highlighting the potential of its direct-to-consumer (DTC) segment and its sports betting deal with PENN Entertainment. Others point to the company's shift in strategic focus and potential interest from Apple Inc (AAPL) or Alphabet Inc (GOOG, GOOGL).

Portfolio Pulse from Chris Katje

August 10, 2023 | 3:38 pm

ILMN

Stifel analyst Daniel Arias has maintained a 'Buy' rating on Illumina (NASDAQ:ILMN) but lowered the price target from $265 to $225.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 10, 2023 | 3:38 pm

ETNB

Cantor Fitzgerald analyst Kristen Kluska has maintained an Overweight rating on 89bio (NASDAQ:ETNB) but lowered the price target from $41 to $39.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 10, 2023 | 3:36 pm

APRN

Benchmark analyst Daniel Kurnos maintains a Buy rating on Blue Apron Holdings (NYSE:APRN) and raises the price target from $16 to $17.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 3:35 pm

SKIN

TD Cowen analyst Oliver Chen maintains an Outperform rating on Beauty Health (NASDAQ:SKIN) but lowers the price target from $15 to $9.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 10, 2023 | 3:35 pm