Streetbeat News

Analyst Ratings

HOG

Harley-Davidson (NYSE:HOG) has received indifferent ratings from four analysts in the last quarter. The average 12-month price target for the company is $37.75, representing a 9.58% decrease from the previous average price target of $41.75.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:00 pm

ITT

ITT (NYSE:ITT) has received 4 bullish analyst ratings in the last quarter, with an average price target of $107.25, implying an upside from the current price of $97.96. The average price target has increased by 5.93% over the past month.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:00 pm

WCC

In the last quarter, WESCO Intl (NYSE:WCC) has received 6 analyst ratings, with 1 being bullish and 5 somewhat bullish. The company has an average 12-month price target of $190.33, which has increased by 1.78% over the past month.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:00 pm

HMC

Honda Motor Co's (NYSE:HMC) short percent of float has fallen 9.09% since its last report, with 1.67 million shares sold short, which is 0.1% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Honda. Compared to its peers, Honda has less short interest as a percentage of float, with an average of 10.79%.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 8:30 pm

SNOW

Snowflake's (NYSE:SNOW) short percent of float has fallen 15.33% since its last report, with 11.63 million shares sold short, which is 3.7% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Snowflake. Compared to its peers, Snowflake has less short interest as a percentage of float, with an average of 6.24%.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 8:30 pm

LULU

Lululemon Athletica's (NYSE:LULU) short percent of float has fallen 7.64% since its last report, with 2.63 million shares sold short, which is 2.54% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Lululemon's short interest is less than the average of its peer group, which stands at 7.40%.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 8:30 pm

SPOT

A significant amount of unusual options activity has been observed for Spotify Technology (NYSE:SPOT), with a mix of bullish and bearish stances. Whales have been targeting a price range from $145.0 to $195.0 for Spotify over the last 3 months. The stock is currently up 3.2% at $171.1. Analysts from Raymond James, Truist Securities, and Morgan Stanley maintain positive ratings on Spotify, while Goldman Sachs maintains a neutral stance.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 8:16 pm

RIO

A significant investor has taken a bearish stance on Rio Tinto (NYSE:RIO), with 54% of recent trades being bearish and 45% bullish. The total amount for puts is $736,730 and for calls is $537,734. Whales have been targeting a price range from $60.0 to $94.38 for Rio Tinto over the last 3 months. The price of RIO is up 3.12% at $69.01, with RSI indicators suggesting it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 8:16 pm

HIMS

Healthcare company Hims & Hers Health (NYSE:HIMS) is under scrutiny by short seller Spruce Point Capital, which has raised several red flags about the company's legal structure and business practices. Spruce Point questions the operations of Hims & Hers, suggesting potential legal and business repercussions. Despite the criticism, shares of Hims & Hers were up 5.31% to $9.12 on Thursday. The company's shares have risen 69% in the last year and 45% year-to-date in 2023.

Portfolio Pulse from Chris Katje

July 13, 2023 | 8:13 pm

CHTR

A significant investor has taken a bearish stance on Charter Communications (NASDAQ:CHTR), with 72% of the detected trades being bearish. The trades include 6 puts amounting to $411,043 and 12 calls amounting to $953,586. The targeted price range for CHTR over the last 3 months is from $360.0 to $490.0. The current price of CHTR is $383.6, up by 0.23%, and the RSI indicators suggest that the stock may be overbought. The next earnings are expected in 15 days.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 8:05 pm