Streetbeat News

Analyst Ratings

MSI

Morgan Stanley analyst Erik Lapinski has maintained an Equal-Weight rating on Motorola Solutions (NYSE:MSI) and raised the price target from $290 to $300.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 6:23 pm

MNST

Morgan Stanley analyst Dara Mohsenian has reiterated an Overweight rating on Monster Beverage (NASDAQ:MNST) and maintained a $63 price target.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 6:20 pm

MRNA

Morgan Stanley analyst Matthew Harrison has maintained an Equal-Weight rating on Moderna (NASDAQ:MRNA) and lowered the price target from $128 to $123.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 6:19 pm

IRTC

iRhythm Technologies Inc's Q2 revenue increased by 21.6% Y/Y to $124.1 million, beating the consensus of $120.34 million, driven by volume growth of Zio services. The company reported an adjusted EPS loss of $(0.43), beating the consensus estimate of $(0.78). The company's FY23 revenue is projected to grow approximately 18%-19% Y/Y. Analysts from William Blair believe the Zio AT warning letter is manageable and the risk profile is lower than a few weeks ago. IRTC shares are up 19.30% at $116.32.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 6:18 pm

MCHP

Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Microchip Technology (NASDAQ:MCHP) and raised the price target from $97 to $101.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 6:17 pm

LSPD

Morgan Stanley analyst Josh Baer maintains an Equal-Weight rating on Lightspeed Commerce (NYSE:LSPD) and raises the price target from $17 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 6:15 pm

CVS

CVS Health's short percent of float has risen 6.47% since its last report, with 18.90 million shares sold short, which is 1.48% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, CVS Health's short interest as a percentage of float is less than its peer group average of 8.21%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 6:15 pm

GEHC

GE HealthCare Techs's (NYSE:GEHC) short percent of float has fallen 16.53% since its last report, with 7.34 million shares sold short, which is 2.02% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, GEHC has less short interest.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 6:15 pm

HUM

Humana's (NYSE:HUM) short percent of float has risen 41.38% since its last report, with 3.06 million shares sold short, which is 2.46% of all regular shares available for trading. It would take traders 1.61 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Humana's peer group average for short interest as a percentage of float is 3.55%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 6:15 pm

K

Morgan Stanley analyst Pamela Kaufman maintains an Equal-Weight rating on Kellogg (NYSE:K) and lowers the price target from $73 to $68.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 6:14 pm