Streetbeat News

Analyst Ratings

LMT

Over the past 3 months, 5 analysts have published their opinion on Lockheed Martin (NYSE:LMT) stock. The average 12-month price target for Lockheed Martin is $510.4, a decrease of 2.56% from the previous average price target of $523.80. The ratings include 1 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:00 pm

PNC

Credit Suisse has maintained its Neutral rating for PNC Financial Services Group (NYSE:PNC) but lowered its price target from $145.00 to $135.00. PNC's shares are currently trading up 0.96% at $131.60 per share. A move to $135.00 would account for a 2.58% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:00 pm

MU

Micron Technology's (NYSE:MU) short percent of float has fallen 13.57% since its last report, with 18.74 million shares sold short, which is 1.72% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Micron has less short interest as a percentage of float, with an average of 4.77%.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:00 pm

SNAP

UBS has maintained its Neutral rating for Snap (NYSE:SNAP) and raised its price target from $10.00 to $14.00. Snap's shares are currently trading at $13.35, down 0.19% over the last 24 hours. A move to $14.00 would represent a 4.91% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:00 pm

PAYC

In the last quarter, Paycom Software (NYSE:PAYC) received 3 bullish, 4 somewhat bullish, and 2 indifferent analyst ratings. The average 12-month price target for the company, according to 9 analysts, is $383.0, with a high of $450.00 and a low of $302.00. This average price target has increased by 0.75% over the past month.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:00 pm

PNC

Morgan Stanley has maintained its Underweight rating for PNC Financial Services Group (NYSE:PNC) but raised its price target from $137.00 to $144.00. PNC's shares are currently trading up 0.96% over the last 24 hours, at $131.60 per share. A move to $144.00 would account for a 9.42% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:00 pm

EGLE

Stifel has maintained its Buy rating for Eagle Bulk Shipping (NYSE:EGLE) but lowered its price target from $62.00 to $56.00. The shares of Eagle Bulk Shipping are currently trading up 1.1% over the last 24 hours, at $44.23 per share. A move to $56.00 would account for a 26.61% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:00 pm

PCH

RBC Capital Markets analyst Paul C. Quinn has downgraded PotlatchDeltic Corp (NASDAQ:PCH) to 'Sector Perform' from 'Outperform' with a price target of $55. This comes after PCH's share price rose by 23%, outperforming its timber REIT peers. The analyst sees limited upside from here but expects share repurchase activity to increase due to rising lumber prices. The 2023 adjusted EBITDA estimate was raised by 5.6% to $236.8 million, but the 2024 forecast was lowered by 6.8% to $320.1 million.

Portfolio Pulse from Lekha Gupta

July 19, 2023 | 4:46 pm

CEG

Constellation Energy's (NYSE:CEG) short percent of float has fallen 4.76% since its last report, with 7.42 million shares sold short, which is 2.6% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, compared to its peers, Constellation Energy has a higher short interest as a percentage of float (2.18%).

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 4:45 pm

GILD

Gilead Sciences's (NYSE:GILD) short percent of float has risen 6.16% since its last report, with 17.34 million shares sold short, which is 1.55% of all regular shares available for trading. It would take traders 2.9 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Gilead Sciences's peer group average for short interest as a percentage of float is 3.57%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 4:45 pm