Streetbeat News

Analyst Ratings

LMT

A significant bullish stance has been taken on Lockheed Martin (NYSE:LMT) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 54% bullish and 45% bearish. The whales have been targeting a price range from $300.0 to $480.0 for Lockheed Martin over the last 3 months. Analysts from Morgan Stanley, Citigroup, Wells Fargo, RBC Capital, and Susquehanna have provided their ratings and price targets for the company.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:30 pm

UNP

A significant bullish stance has been taken on Union Pacific (NYSE:UNP) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 90% bullish and 10% bearish. The whales have been targeting a price range from $150.0 to $230.0 for Union Pacific over the last 3 months. The price of UNP is up 1.19% at $216.8. Analysts from Morgan Stanley, Benchmark, RBC Capital, B of A Securities, and Citigroup have maintained their ratings on Union Pacific with varying price targets.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:30 pm

NFLX

Netflix Inc (NASDAQ:NFLX) reported better-than-expected Q2 subscriber additions and strong progress in paid sharing. Analysts from Morgan Stanley, Guggenheim, Baird, Oppenheimer, Needham, KeyBanc, and William Blair provided their insights on the company's performance. The crackdown on password sharing was deemed successful, with the risk of increased churn now behind Netflix. However, the average revenue per membership was weak in Q2, down 3% YoY. The company's shares are down 9.42% to $432.58.

Portfolio Pulse from Chris Katje

July 20, 2023 | 3:30 pm

NOTV

Wells Fargo has initiated coverage on Inotiv with an Overweight Rating and a price target of $9. This has led to Inotiv's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:28 pm

AMPS

Citigroup analyst Ryan Levine has maintained a 'Buy' rating on Altus Power (NYSE:AMPS) and raised the price target from $7 to $8.5.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:24 pm

OLO

Piper Sandler has upgraded Olo's stock from Neutral to Overweight and set a price target of $9. This has resulted in Olo's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:19 pm

ABC

AmerisourceBergen's (NYSE:ABC) short percent of float has risen 13.22% since its last report, with 4.16 million shares sold short, which is 2.57% of all regular shares available for trading. It would take traders 2.71 days to cover their short positions on average. The company's short interest is less than its peer group average of 5.83%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:15 pm

GLW

Corning's (NYSE:GLW) short percent of float has risen 68.92% since its last report, with 10.61 million shares sold short, which is 1.25% of all regular shares available for trading. It would take traders 1.67 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Corning's peer group average for short interest as a percentage of float is 3.66%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:15 pm

ACN

Accenture's (NYSE:ACN) short percent of float has fallen 8.33% since its last report, indicating a decrease in bearish sentiment towards the stock. The company has 6.96 million shares sold short, which is 1.1% of all regular shares available for trading. Compared to its peers, Accenture has less short interest as a percentage of float, with an average of 2.29%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 3:15 pm

CARG

Shares of CarGurus Inc (NASDAQ:CARG) have risen more than 65% year to date. B Riley Securities analyst Naved Khan initiated coverage with a Buy rating and a price target of $28. Khan believes that the company's core listings business is set to benefit from increases in unit pricing, despite an increased churn rate due to price increases to dealers. The analyst also noted that ongoing normalization in dealer inventory, OEM production, and consumer demand are positives for CARG.

Portfolio Pulse from Priya Nigam

July 20, 2023 | 3:12 pm