Streetbeat News

Analyst Ratings

WEX

Credit Suisse analyst Nik Cremo maintains a Neutral rating on WEX (NYSE:WEX) and raises the price target from $195 to $210.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:16 pm

DG

Dollar Gen's (NYSE:DG) short percent of float has risen 3.89% since its last report, with 4.09 million shares sold short, which is 1.87% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Dollar Gen has less short interest as a percentage of float, which is 3.34% on average.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 3:15 pm

MDT

Medtronic's (NYSE:MDT) short percent of float has fallen 7.41% since its last report, with 6.62 million shares sold short, which is 0.5% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Medtronic's short interest as a percentage of float is less than its peer group average of 3.24%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 3:15 pm

ISRG

Intuitive Surgical's (NYSE:ISRG) short percent of float has risen 7.14% since its last report, with 3.15 million shares sold short, which is 0.9% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Intuitive Surgical has less short interest as a percentage of float, which is 3.22% on average.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 3:15 pm

META

Meta Platforms Inc's stock is trading higher by 3.49% following a positive earnings report and an upgrade from China Renaissance from Hold to Buy with a $380 price target. The company reported Q2 revenue of $32 billion, surpassing the Street consensus estimate of $31.12 billion, and earnings per share of $2.98, beating the estimate of $2.91. User engagement also increased with 3.07 billion daily active users and 3.88 billion monthly active users.

Portfolio Pulse from Henry Khederian

July 28, 2023 | 3:10 pm

UCTT

TD Cowen analyst Krish Sankar maintains an Outperform rating on Ultra Clean Holdings (NASDAQ:UCTT) and raises the price target from $34 to $40.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:04 pm

SCHW

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Charles Schwab (NYSE:SCHW) and raised the price target from $68 to $71.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:04 pm

INTC

Intel Corporation (NASDAQ:INTC) reported strong Q2 results, with mixed reactions from analysts. Bernstein analyst Stacy Rasgon raised the price target from $32 to $34, while Needham analyst Quinn Bolton raised it from $36 to $40. KeyBanc Capital Markets analyst John Vinh noted solid results but no price target, and Rosenblatt analyst Hans Mosesmann maintained a Sell rating with a price target of $17. The company's AI contribution remains modest, with a pipeline of over $1B. Intel shares are up 4.86% to $36.24 on Friday.

Portfolio Pulse from Chris Katje

July 28, 2023 | 3:04 pm

JNJ

A significant bullish stance has been taken on Johnson & Johnson (NYSE:JNJ) as indicated by unusual options activity. The options scanner at Benzinga spotted 17 uncommon options trades for Johnson & Johnson, with a split sentiment of 52% bullish and 47% bearish among big-money traders. The whales have been targeting a price range from $140.0 to $210.0 for Johnson & Johnson over the last 3 months. The current price of JNJ is up 0.36% at $174.32. Barclays, Raymond James, JP Morgan, and Morgan Stanley have maintained their ratings on Johnson & Johnson with price targets ranging from $175 to $187.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 3:02 pm

UNH

A significant bullish stance has been taken on UnitedHealth Group (NYSE:UNH) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split evenly between bullish and bearish. The price range targeted by these 'whales' over the last 3 months is from $480.0 to $530.0. Analysts from Wells Fargo, Bernstein, UBS, JP Morgan, and Morgan Stanley have given their ratings and price targets for UNH.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 3:02 pm