Streetbeat News

Analyst Ratings

ALGN

Align Tech's (NYSE:ALGN) short percent of float has risen 8.6% since its last report, with 2.73 million shares sold short, which is 4.04% of all regular shares available for trading. It would take traders 4.08 days to cover their short positions on average. The company has less short interest than most of its peers, with the average for its peer group being 5.29%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:46 pm

IR

Ingersoll Rand's (NYSE:IR) short percent of float has fallen 6.9% since its last report, with 4.97 million shares sold short, which is 1.62% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Ingersoll Rand has less short interest as a percentage of float, with an average of 3.58%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

AVNT

Avient (NYSE:AVNT) reported a loss in earnings of $20.40 million in Q1, compared to earnings of $544.90 million in Q4. However, sales increased by 7.0% to $845.70 million in Q1. The company posted a Return on Capital Employed (ROCE) of 0.01% in Q1, indicating effective capital allocation. Avient's Q1 earnings per share of $0.63 beat analyst predictions of $0.55.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

MAR

Marriott Intl's (NYSE:MAR) short percent of float has fallen 17.67% since its last report, with 4.74 million shares sold short, which is 2.05% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Marriott has less short interest, with an average of 7.88% for its peer group.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

NEPT

Neptune Wellness Solns (NASDAQ:NEPT) reported Q4 sales of $12.15 million, a decrease from Q3's $12.21 million. Earnings fell to a loss of $44.51 million, a significant decrease from Q3's loss of $497 thousand. The company posted a Return on Capital Employed (ROCE) of 1.62%, suggesting effective capital allocation. However, Q4 earnings per share of $-2.23 did not meet analyst predictions of $-0.33.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

WMB

Morgan Stanley analyst Robert Kad has reiterated an Equal-Weight rating on Williams Companies (NYSE:WMB) and maintained a $39 price target.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:42 pm

WFC

Morgan Stanley analyst Betsy Graseck has maintained an Overweight rating on Wells Fargo and raised the price target from $47 to $49.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:40 pm

VZ

Morgan Stanley analyst Simon Flannery has reiterated an Overweight rating on Verizon Communications (NYSE:VZ) and maintained a $44 price target.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:39 pm

TTD

Morgan Stanley analyst Matthew Cost maintains an Overweight rating on Trade Desk (NASDAQ:TTD) and raises the price target from $90 to $105.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:36 pm

TPG

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on TPG (NASDAQ:TPG) and raised the price target from $31 to $32.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:35 pm