Streetbeat News

Analyst Ratings

TRV

Travelers Companies's (NYSE:TRV) short percent of float has risen 19.13% since its last report, with 3.16 million shares sold short, which is 1.37% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Travelers Companies has less short interest as a percentage of float, which is 2.85% on average.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:46 pm

MS

Morgan Stanley's (NYSE:MS) short percent of float has fallen 7.14% since its last report, with 20.14 million shares sold short, which is 1.56% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Morgan Stanley has less short interest, with an average of 3.79% for its peer group.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:46 pm

TH

Target Hospitality (NASDAQ:TH) reported Q1 earnings of $43.83 million, a 38.81% increase from the previous quarter, despite a 3.03% decrease in sales to $147.82 million. The company posted a Return On Capital Employed (ROCE) of 0.18%, indicating effective capital allocation. However, its Q1 earnings per share of $0.38 did not meet analyst predictions of $0.39.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:45 pm

PLUG

Evercore has reportedly issued a note stating that Plug Power has secured an order marking the largest announced project in the oil and gas sector in Europe. Evercore maintains an 'Outperform' rating on Plug Power and a price target of $37.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:43 pm

LGF

Loop Capital has maintained its 'Hold' rating on Lions Gate Entertainment Corporation Class A Voting Shares (NYSE:LGF) but has lowered the price target from $10 to $9.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:41 pm

TTOO

Alliance Global Partners analyst Ben Haynor maintains a Neutral rating on T2 Biosystems (NASDAQ:TTOO) and lowers the price target from $0.12 to $0.07.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:38 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) shares are trading higher after the company announced securing a new electrolyzer deal for a green hydrogen project in Europe. The electrolyzers, to be delivered in 2024, will generate approximately 43 tons of green hydrogen per day and eliminate about 516 tons of carbon dioxide daily. Earlier, Plug was selected to supply two five-megawatt PEM electrolyzer systems for green hydrogen projects in Australia. RBC Capital analyst Chris Dendrinos reiterated Plug Power with an Outperform rating and maintained a $12 price target.

Portfolio Pulse from Adam Eckert

July 13, 2023 | 2:38 pm

CRWD

CrowdStrike's stock is trading higher following JMP's reiteration of a bullish rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:37 pm

IGT

Susquehanna analyst Joseph Stauff has reiterated a positive rating on International Game Technology (IGT) and maintained a price target of $49.

Portfolio Pulse from richadhand@benzinga.com

July 13, 2023 | 2:36 pm

PPC

Pilgrim's Pride shares are trading higher following an upgrade from BMO Capital. The firm upgraded the stock from Market Perform to Outperform and raised its price target from $26 to $28.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:34 pm