Streetbeat News

Analyst Ratings

PLTR

A significant amount of unusual options activity has been observed for Palantir Technologies (NYSE:PLTR), indicating a bullish stance by a large investor or institution. The activity includes 71 uncommon options trades, with a split sentiment of 50% bullish and 49% bearish. The targeted price range for Palantir over the last 3 months is from $7.0 to $26.0. The price of PLTR is currently up 3.88% at $18.07. Raymond James has downgraded its action to Outperform with a price target of $18.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:30 pm

INTU

Intuit's (NYSE:INTU) short percent of float has fallen 4.03% since its last report, with 3.25 million shares sold short, which is 1.19% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Intuit. Compared to its peers, Intuit has less short interest as a percentage of float, with an average of 3.40%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:15 pm

NVO

Novo Nordisk's (NYSE:NVO) short percent of float has risen 8.33% since its last report, with 2.26 million shares sold short, which is 0.13% of all regular shares available for trading. It would take traders 1.81 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Novo Nordisk's peer group average for short interest as a percentage of float is 3.71%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:15 pm

PAYX

Paychex's (NYSE:PAYX) short percent of float has fallen 9.45% since its last report, with 8.03 million shares sold short, which is 2.49% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Paychex. Compared to its peers, Paychex has less short interest as a percentage of float, with an average of 5.93%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:15 pm

F

RIVN

TSLA

Tesla Inc (NASDAQ:TSLA) is set to report Q2 financial results with analysts expecting revenue of $24.53 billion and 81 cents in earnings per share. The company has beaten or matched earnings per share estimates in each of the last nine straight quarters. The Cybertruck, Tesla's electric pickup truck, could be a major focus during the earnings report. Rival companies Ford Motor Co (NYSE:F) and Rivian Automotive Inc (NASDAQ:RIVN) have cut prices on their electric pickup trucks ahead of Tesla's earnings. Analysts have shared updated notes on the stock with varying price targets.

Portfolio Pulse from Chris Katje

July 18, 2023 | 8:12 pm

IQV

In the last quarter, IQVIA Hldgs (NYSE:IQV) received 3 bullish, 2 somewhat bullish, and 2 indifferent analyst ratings. The average 12-month price target for IQVIA Hldgs over the past 3 months is $233.86, a 6.72% decrease from the previous average price target of $250.71.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:01 pm

URI

A significant bearish stance has been taken on United Rentals (NYSE:URI) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $400.0 to $560.0 for United Rentals over the last 3 months. Citigroup, UBS, Goldman Sachs, and Keybanc have all maintained their Buy or Overweight ratings on United Rentals, with price targets ranging from $500 to $527.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:00 pm

WHD

In the last quarter, Cactus (NYSE:WHD) received 2 bullish and 2 indifferent analyst ratings. The company's average 12-month price target is $53.25, an increase of 5.09% from the previous average of $50.67.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:00 pm

DDOG

Datadog (NASDAQ:DDOG) has received positive analyst ratings in the last quarter, with 10 bullish and 5 somewhat bullish ratings. The average 12-month price target for the stock is $96.3, which has increased by 4.51% over the past month.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:00 pm

EQT

Analysts have provided various ratings for EQT (NYSE:EQT) within the last quarter, with 2 bullish, 3 somewhat bullish, and 5 indifferent. The average price target is $42.0, implying an upside from the current price of $39.58. This average has increased by 8.89% from the previous average price target of $38.57.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:00 pm