Streetbeat News

Analyst Ratings

KROS

HC Wainwright & Co. analyst Andrew Fein has reiterated a 'Buy' rating on Keros Therapeutics (NASDAQ:KROS) and maintained a $100 price target.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 6:23 pm

MGPI

Truist Securities analyst Bill Chappell has reiterated a Buy rating on MGP Ingredients, Inc. (NASDAQ:MGPI), raising the price target to $140 from $125. The analyst praised the company's whiskey orders, which are primarily locked in for 2024, and the potential upside from recent and future acquisitions. The company's Premium Branded Spirits orders returned to normal in June, indicating good growth prospects. The analyst also raised the FY23 sales estimate to $826.4 million from $822.0 million, and the EPS estimate to $5.42 from $5.10.

Portfolio Pulse from Nabaparna Bhattacharya

August 07, 2023 | 6:19 pm

MAT

WBD

Analysts from Truist Securities and Benchmark have maintained a Buy rating for Warner Bros. Discovery Inc (WBD), despite lowering the price target from $18 to $17 and $26 respectively. The analysts are optimistic due to the success of Barbie, which crossed $1B in global box office, and the company's strong FCF and cost synergy execution. However, they noted soft results and a lack of recovery in the linear ad market. Barbie's partner, Mattel, Inc (MAT), has 14 projects in active development.

Portfolio Pulse from Anusuya Lahiri

August 07, 2023 | 6:18 pm

APD

Air Products & Chemicals's (NYSE:APD) short percent of float has risen 33.8% since its last report, with 2.11 million shares sold short, which is 0.95% of all regular shares available for trading. This does not necessarily mean the stock will fall in the near-term, but indicates increased bearish sentiment. Compared to its peers, APD has less short interest, with the average being 2.42%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 6:15 pm

VRSK

Verisk Analytics's (NYSE:VRSK) short percent of float has fallen 8.99% since its last report, with 6.56 million shares sold short, which is 5.16% of all regular shares available for trading. This decrease in short interest can signal that investors have become more bullish. Verisk Analytics's peer group average for short interest as a percentage of float is 3.98%, indicating the company has more short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 6:15 pm

BCS

Barclays's (NYSE:BCS) short percent of float has fallen 23.08% since its last report, with 3.70 million shares sold short, which is 0.1% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Barclays. Compared to its peers, Barclays has less short interest as a percentage of float, with an average of 1.05%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 6:15 pm

NTR

Piper Sandler analyst Charles Neivert maintains a Neutral rating on Nutrien (NYSE:NTR) and raises the price target from $70 to $73.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 6:07 pm

DKNG

Roth MKM analyst Edward Engel maintains a 'Sell' rating on DraftKings (NASDAQ:DKNG) but raises the price target from $20 to $23.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 6:06 pm

HLLY

Telsey Advisory Group analyst Joseph Feldman has upgraded Holley Inc (NYSE:HLLY) from Market Perform to Outperform and raised the price target from $3 to $7.5. The analyst believes the company is at an inflection point, with significant cost reductions and operational efficiency improvements. Despite a microchip shortage, the company is redesigning products to rely less on older chips. The analyst expects Q2 sales to decline 4.0% to $172.2 million and FY23 sales to decline 3.3% to $665.7 million.

Portfolio Pulse from Shivani Kumaresan

August 07, 2023 | 6:05 pm

MPC

Jefferies analyst Dushyant Ailani maintains a Buy rating on Marathon Petroleum (NYSE:MPC) and raises the price target from $140 to $164.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 6:05 pm