Streetbeat News

Analyst Ratings

BIDU

Baidu's (NYSE:BIDU) short percent of float has fallen 7.57% since its last report, with 4.72 million shares sold short, which is 1.71% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Baidu. Compared to its peers, Baidu has less short interest as a percentage of float, with an average of 6.76%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:15 pm

IBM

BMO Capital Markets analyst Keith Bachman has reiterated the Market Perform rating on International Business Machines Corporation (IBM), raising the price target to $152 from $150. Despite IBM's recent double-digit growth in transaction processing (TP) and Data & AI, Bachman does not believe this is sustainable. He expects IBM to sustain a low single-digit increase in TP. He also raised FY24 Software growth expectations from 4.1% y/y to 4.7% y/y.

Portfolio Pulse from Nabaparna Bhattacharya

July 20, 2023 | 7:07 pm

POWI

Over the last quarter, Power Integrations (NASDAQ:POWI) has received a mix of bullish and indifferent analyst ratings. The average 12-month price target for the company, according to 4 analysts, is $92.25, with a high of $110.00 and a low of $82.00. This average price target has increased by 6.03% over the past month.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:01 pm

PCAR

In the last quarter, PACCAR (NASDAQ:PCAR) received 2 bullish, 1 somewhat bullish, and 5 indifferent analyst ratings. The average 12-month price target for PACCAR over the past 3 months is $92.06, with a high of $115.00 and a low of $80.00. This average price target has increased by 15.62% over the past month.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:01 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has received mostly bullish ratings from analysts in the last quarter. The average 12-month price target for the company has increased by 6.75% from the previous average, now standing at $977.83.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:01 pm

AMP

Ameriprise Finl's (NYSE:AMP) short percent of float has risen 18.89% since its last report, with 962 thousand shares sold short, which is 1.07% 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, Ameriprise Finl has less short interest as a percentage of float, which is 3.17% on average.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:00 pm

NWL

Over the past 3 months, 9 analysts have published their opinion on Newell Brands (NASDAQ:NWL) stock. The company has an average price target of $11.94, representing a 15.2% decrease from the previous average price target of $14.08. The ratings are determined by predicting the company's future earnings and revenue streams.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:00 pm

HLT

Hilton Worldwide Holdings's (NYSE:HLT) short percent of float has risen 6.79% since its last report, with 4.51 million shares sold short, which is 1.73% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Hilton's short interest as a percentage of float is less than its peer group average of 7.90%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:00 pm

AWK

American Water Works's (NYSE:AWK) short percent of float has risen 45.61% since its last report, with 2.85 million shares sold short, which is 1.66% of all regular shares available for trading. It would take traders 2.08 days to cover their short positions on average. The company's short interest is less than its peer group average of 2.14%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:00 pm

MPLX

In the last quarter, MPLX (NYSE:MPLX) received one somewhat bullish rating and four indifferent ratings from analysts. Over the past three months, five analysts have offered 12-month price targets for MPLX, with an average price target of $40.8, a decrease of 1.09% from the previous average price target of $41.25.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:00 pm