Streetbeat News

Analyst Ratings

WSBC

Stephens & Co. analyst Russell Gunther has reiterated an Equal-Weight rating on Wesbanco (NASDAQ:WSBC) and maintained a $25 price target.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 3:46 pm

CHCO

Keefe, Bruyette & Woods has maintained its 'Market Perform' rating on City Holding (NASDAQ:CHCO) and raised the price target from $95 to $100.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 3:46 pm

UPST

Stephens & Co. analyst Vincent Caintic has reiterated an Underweight rating on Upstart Holdings (NASDAQ:UPST) and maintained a $6 price target.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 3:46 pm

STZ

Constellation Brands's (NYSE:STZ) short percent of float has risen 6.47% since its last report, with 2.61 million shares sold short, which is 1.48% 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, Constellation Brands has less short interest as a percentage of float (4.20%).

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:45 pm

IQV

IQVIA Hldgs's (NYSE:IQV) short percent of float has fallen 3.45% since its last report, with 2.27 million shares sold short, which is 1.4% of all regular shares available for trading. It would take traders 2.29 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 4.92%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:45 pm

PCAR

PACCAR's (NYSE:PCAR) short percent of float has fallen 7.88% since its last report, with 8.51 million shares sold short, which is 1.87% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards PACCAR. Compared to its peers, PACCAR has less short interest as a percentage of float, with an average of 5.41%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:45 pm

SABK

Stephens & Co. analyst Thomas Wendler has reiterated an 'Overweight' rating on South Atlantic Bancshares (OTC:SABK) and maintained a $15 price target.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 3:44 pm

BANC

PACW

PacWest Bancorp (PACW) and Banc Of California (BANC) have entered into a definitive agreement to merge in an all-stock transaction. Analysts have mixed views on the merger, with some seeing it as fair but not overwhelmingly attractive, while others believe it will create a stronger combined company. The merger is expected to close in early 2024.

Portfolio Pulse from Adam Eckert

July 26, 2023 | 3:44 pm

RNST

Stephens & Co. analyst Matt Olney has reiterated an Equal-Weight rating on Renasant (NASDAQ:RNST) and maintained a $30 price target.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 3:44 pm

CADE

Keefe, Bruyette & Woods analyst Catherine Mealor maintains an Outperform rating on Cadence Bank (NYSE:CADE) and raises the price target from $25 to $26.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 3:44 pm