Streetbeat News

Analyst Ratings

FBNC

Keefe, Bruyette & Woods analyst Brady Gailey maintains an Outperform rating on First Bancorp (NASDAQ:FBNC) but lowers the price target from $40 to $37.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 6:54 pm

EVTC

Keefe, Bruyette & Woods has maintained its Outperform rating on Evertec (NYSE:EVTC) and raised the price target from $42 to $48.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 6:52 pm

CHKP

Check Point Software Technologies Ltd (CHKP) reported Q2 FY23 results, with revenue growth of 3% Y/Y to $588.7 million, slightly missing the consensus of $588.9 million. Non-GAAP EPS of $2.00 beat the consensus of $1.89. Several analysts raised the price target of CHKP following the results. CHKP shares are trading higher by 0.10% at $132.24.

Portfolio Pulse from Lekha Gupta

July 27, 2023 | 6:48 pm

EEFT

Keefe, Bruyette & Woods analyst Vasundhara Govil maintains a 'Market Perform' rating on Euronet Worldwide (NASDAQ:EEFT) but has lowered the price target from $116 to $105.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 6:48 pm

MCK

McKesson's (NYSE:MCK) short percent of float has risen 5.31% since its last report, with 1.61 million shares sold short, which is 1.19% of all regular shares available for trading. It would take traders 2.51 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, McKesson's peer group average for short interest as a percentage of float is 5.49%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 6:45 pm

OKE

ONEOK's (NYSE:OKE) short percent of float has risen 12.19% since its last report, with 12.35 million shares sold short, which is 3.59% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. ONEOK's peer group average for short interest as a percentage of float is 3.39%, which means the company has more short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 6:45 pm

COOP

Keefe, Bruyette & Woods analyst Bose George maintains a 'Market Perform' rating on Mr. Cooper Gr (NASDAQ:COOP) and raises the price target from $52 to $62.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 6:42 pm

CME

Keefe, Bruyette & Woods analyst Kyle Voigt maintains a 'Market Perform' rating on CME Group (NASDAQ:CME) and raises the price target from $197 to $200.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 6:41 pm

ASXC

CTCX

FEMY

MCD

MRSN

NOA

TPIC

US stocks fell on Thursday, with the Dow Jones dropping 0.59% and the NASDAQ falling 0.44%. McDonald's Corp (MCD) reported better-than-expected Q2 results, with sales growth of 13.6% YoY to $6.50 billion. Carmell Therapeutics Corporation (CTCX) shares rose 71% after announcing a merger with Axolotl Biologix. Femasys Inc. (FEMY) shares rose 128% after the US Patent and Trademark Office issued a Notice of Allowance for FemBloc. North American Construction Group Ltd. (NOA) shares rose 35% after better-than-expected Q2 results. Mersana Therapeutics, Inc. (MRSN) shares fell 78% after its UPLIFT clinical trial did not meet the primary endpoint. TPI Composites, Inc. (TPIC) shares fell 34% after lowering its 2023 forecast. Asensus Surgical, Inc. (ASXC) shares fell 39% after reporting a $10 million registered direct offering.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 6:40 pm

CASH

Keefe, Bruyette & Woods analyst Michael Perito maintains a 'Market Perform' rating on Pathward Financial (NASDAQ:CASH) and raises the price target from $50 to $59.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 6:39 pm