Streetbeat News

Analyst Ratings

GWW

W.W. Grainger's (NYSE:GWW) short percent of float has risen 6.5% since its last report, with 1.17 million shares sold short, which is 2.95% of all regular shares available for trading. It would take traders 4.09 days to cover their short positions on average. The company's short interest is less than its peer group average of 5.21%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:45 pm

EQNR

Equinor's (NYSE:EQNR) short percent of float has risen 17.65% since its last report, with 6.35 million shares sold short, which is 0.2% of all regular shares available for trading. It would take traders 2.78 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Equinor's peer group average for short interest as a percentage of float is 1.73%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:45 pm

CBSH

Morgan Stanley analyst Betsy Graseck has reiterated an 'Underweight' rating on Commerce Bancshares (NASDAQ:CBSH) and maintained a $48 price target.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:44 pm

CADE

Morgan Stanley analyst Manan Gosalia has reiterated an Equal-Weight rating on Cadence Bank (NYSE:CADE) and maintained a $23 price target.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:43 pm

BIIB

Morgan Stanley analyst Matthew Harrison maintains an Overweight rating on Biogen (NASDAQ:BIIB) and raises the price target from $355 to $363.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:42 pm

GPS

Jefferies analyst Randal Konik has reiterated a 'Hold' rating on Gap (NYSE:GPS) and maintained a $9 price target.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:42 pm

GOOGL

Morgan Stanley analyst Brian Nowak has maintained an Overweight rating on Alphabet (NASDAQ:GOOGL) and raised the price target from $150 to $155.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:42 pm

BA

Boeing's CEO has expressed optimism about the company's prospects in China, citing recent signs of progress. The comments were made during an investor call.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:42 pm

SNAP

Snap Inc's shares fell by 19.14% after reporting Q3 earnings. The company's revenue was $1.07 billion, down 4% YoY but ahead of the Street consensus estimate of $1.05 billion. Snap reported a loss of two cents per share, beating the Street estimate of a loss of four cents per share. Daily active users increased by 14% YoY to 397 million. Despite exceeding estimates, the decline in revenue may concern investors.

Portfolio Pulse from Henry Khederian

July 26, 2023 | 2:42 pm

GSL

NAT

NETI

PANL

UUU

Benzinga Insights has identified five value stocks in the industrials sector based on quantified analysis. These include Eneti (NYSE:NETI), Nordic American Tankers (NYSE:NAT), Universal Security (AMEX:UUU), Pangaea Logistics Solns (NASDAQ:PANL), and Global Ship Lease (NYSE:GSL). The companies have shown varying performance in terms of earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:41 pm