Streetbeat News

Analyst Ratings

AAPL

SPIKE

Apple Inc (AAPL) is set to release its Q3 financial results after the market closes on Thursday. The stock was trading lower ahead of the event. In Q2, Apple reported EPS of $1.52 on revenue of $94.8 billion, beating estimates. For Q3, analysts estimate EPS of $1.09 on revenues of $74.24 billion. JP Morgan analyst Samik Chatterjee maintained an Overweight rating on the stock and raised the price target from $190 to $235. From a technical analysis perspective, Apple's stock looks neutral heading into the event.

Portfolio Pulse from Melanie Schaffer

August 04, 2023 | 2:16 pm

RVLV

Piper Sandler analyst Edward Yruma has maintained a Neutral rating on Revolve Group (RVLV) and lowered the price target from $25 to $20.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:16 pm

COOK

BMO Capital analyst Simeon Siegel has maintained an Outperform rating on Traeger (NYSE:COOK) and raised the price target from $5 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:16 pm

MS

Morgan Stanley's (NYSE:MS) short percent of float has fallen 17.95% since its last report, with 16.39 million shares sold short, which is 1.28% of all regular shares available for trading. It would take traders 2.14 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.05%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:16 pm

MSCI

The short percent of float for MSCI (NYSE:MSCI) has risen 24.68% since its last report, with 649 thousand shares sold short, which is 0.96% of all regular shares available for trading. This increase in short interest can indicate a bearish market sentiment towards MSCI. However, compared to its peers, MSCI has less short interest as the average for its peer group is 4.45%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:16 pm

MRK

Merck & Co's (NYSE:MRK) short percent of float has risen 7.58% since its last report, with 17.92 million shares sold short, which is 0.71% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Merck & Co's short interest as a percentage of float is less, with an average of 3.50%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:16 pm

XEL

Xcel Energy's (NYSE:XEL) short percent of float has risen 13.79% since its last report, with 5.46 million shares sold short, which is 0.99% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Xcel Energy's peer group average for short interest as a percentage of float is 2.33%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:16 pm

ETSY

DA Davidson analyst Tom Forte maintains a 'Buy' rating on Etsy (NASDAQ:ETSY) but lowers the price target from $166 to $157.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:16 pm

RGEN

Craig-Hallum analyst Matt Hewitt maintains a Buy rating on Repligen (NASDAQ:RGEN) but lowers the price target from $207 to $200.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:16 pm

EXAS

Jefferies analyst Brandon Couillard maintains a 'Buy' rating on Exact Sciences (NASDAQ:EXAS) and raises the price target from $100 to $110.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:15 pm