Streetbeat News

Analyst Ratings

STNG

JP Morgan analyst Samuel Bland has maintained an Overweight rating on Scorpio Tankers (NYSE:STNG) but lowered the price target from $95 to $82.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 4:56 pm

CRBU

Truist Securities analyst Asthika Goonewardene has reiterated a 'Buy' rating on Caribou Biosciences (NASDAQ:CRBU) and maintained a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 4:54 pm

SYF

Oppenheimer analyst Dominick Gabriele has downgraded Synchrony Financial (SYF) to Perform from Outperform, despite raising the FY24 EPS estimate to $4.54 from $3.61. The downgrade is due to a short-term dislocation in the market and expected pressured volumes. The analyst also cut the estimate for the NCO rate to 6.81% from 7.06% and raised the 2023 EPS estimate to $5.39 from $5.02.

Portfolio Pulse from Lekha Gupta

July 14, 2023 | 4:53 pm

DAL

Evercore ISI Group analyst Duane Pfennigwerth maintains an Outperform rating on Delta Air Lines and raises the price target from $55 to $60.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 4:53 pm

PEP

Evercore ISI Group analyst Robert Ottenstein has maintained an 'In-Line' rating on PepsiCo (NASDAQ:PEP) and raised the price target from $190 to $195.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 4:51 pm

MP

Deutsche Bank analyst Chris Terry has maintained a 'Hold' rating on MP Materials (NYSE:MP) and lowered the price target from $26 to $24.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 4:48 pm

CTAS

Deutsche Bank analyst Faiza Alwy maintains a Buy rating on Cintas (NASDAQ:CTAS) and raises the price target from $542 to $551.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 4:46 pm

HON

Honeywell Intl's (NYSE:HON) short percent of float has fallen 5.56% since its last report, with 5.67 million shares sold short, which is 0.85% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Honeywell has less short interest as a percentage of float, with an average of 5.26%.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:45 pm

AMGN

Amgen's (NYSE:AMGN) short percent of float has fallen 3.7% since its last report, with 6.95 million shares sold short, which is 1.3% of all regular shares available for trading. It would take traders 2.37 days to cover their short positions on average. The decrease in short interest can signal that investors have become more bullish. Amgen's peer group average for short interest as a percentage of float is 3.98%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:45 pm

WST

West Pharmaceutical Servs's (NYSE:WST) short percent of float has fallen 13.71% since its last report, indicating a decrease in bearish sentiment. The company has 858 thousand shares sold short, which is 1.51% of all regular shares available for trading. Compared to its peers, West Pharmaceutical Servs has less short interest as a percentage of float, with an average of 5.00%.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:45 pm