Streetbeat News

Analyst Ratings

UBS

UBS Gr's (NYSE:UBS) short percent of float has risen 5.56% since its last report, with 21.39 million shares sold short, which is 0.76% of all regular shares available for trading. It would take traders 8.38 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, UBS Gr's peer group average for short interest as a percentage of float is 2.90%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:31 pm

CVS

CVS Health's short percent of float has risen 15.83% since its last report, with 17.74 million shares sold short, which is 1.39% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, CVS Health's short interest as a percentage of float is less than its peer group average of 8.16%.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:30 pm

RSG

Republic Servs's (NYSE:RSG) short percent of float has fallen 17.95% since its last report, indicating a more bullish sentiment towards the stock. The company has 1.99 million shares sold short, which is 0.96% of all regular shares available for trading. Compared to its peers, Republic Servs has less short interest.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:30 pm

TROW

Citigroup analyst William Katz maintains a 'Sell' rating on T. Rowe Price Gr (NASDAQ:TROW) and raises the price target from $98 to $100.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 3:29 pm

VMC

Citigroup analyst James Hardiman maintains a Buy rating on Vulcan Materials (NYSE:VMC) and raises the price target from $232 to $256.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 3:27 pm

SOFI

Truist Securities analysts have maintained a Buy rating and $11 price target on SoFi Technologies, raising their estimates for revenue and earnings for Q2, 2023, and 2024. They believe SoFi will benefit from the fragmentation of the banking industry and the shift to digital platforms. However, Morgan Stanley analysts downgraded SoFi shares to Underweight from Equal Weight, but raised the stock's price target to $7 from $6.50. SoFi is set to report Q2 earnings on July 31.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 3:25 pm

PGR

Citigroup analyst Michael Ward has maintained a 'Sell' rating on Progressive (NYSE:PGR) and lowered the price target from $123 to $106.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 3:24 pm

MELI

A significant bearish stance has been taken on MercadoLibre (NASDAQ:MELI) as indicated by unusual options activity. The sentiment among these big-money traders is split between 37% bullish and 62% bearish. Whales have been targeting a price range from $750.0 to $1300.0 for MercadoLibre over the last 3 months. The price of MELI is currently down -1.37% at $1131.05. B of A Securities has downgraded its action to Neutral with a price target of $1350.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:16 pm

PLTR

A significant investor has taken a bearish stance on Palantir Technologies (NYSE:PLTR), with 66% of detected trades showing bearish expectations. The whales have been targeting a price range from $12.0 to $25.0 for Palantir over the last 3 months. The current price of PLTR is down -1.52% at $16.48. Raymond James has downgraded its action to Outperform with a price target of $18.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:16 pm

CAT

A significant bearish stance has been taken on Caterpillar (NYSE:CAT) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 100% bearish. The whales have been targeting a price range from $105.0 to $280.0 for Caterpillar over the last 3 months. Currently, the price of CAT is down -0.73% at $254.0. DA Davidson has downgraded its action to Neutral with a price target of $263.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:16 pm