Streetbeat News

Analyst Ratings

EAT

Brinker International (NYSE:EAT) has received mixed analyst ratings in the last quarter, with 3 somewhat bullish, 8 indifferent, and 3 somewhat bearish. The average 12-month price target for the company is $39.54, representing a 3.09% decrease from the previous average price target of $40.80.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:00 pm

UPS

A significant amount of unusual options activity has been detected for United Parcel Service (UPS), with a bearish stance being taken by a majority of investors. Of the 25 strange trades detected, 60% were bearish and 40% bullish. The total amount for puts was $375,610 and for calls was $932,625. Whales have been targeting a price range from $100.0 to $210.0 for UPS over the last 3 months. Morgan Stanley has downgraded UPS to Underweight with a price target of $100.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:49 pm

NVO

A significant bearish stance has been taken on Novo Nordisk (NYSE:NVO) as indicated by unusual options activity. The sentiment among these big-money traders is 70% bearish and 30% bullish. The whales have been targeting a price range from $90.0 to $185.0 for Novo Nordisk over the last 3 months. The current price of NVO is up 1.69% at $154.82.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:49 pm

COP

A significant bullish stance has been taken on ConocoPhillips (NYSE:COP) with unusual options activity spotted. The sentiment among these big-money traders is split between 72% bullish and 27% bearish. The whales have been targeting a price range from $70.0 to $120.0 for ConocoPhillips over the last 3 months. The current price of COP is up 1.77% at $109.34. Citigroup, Wolfe Research, Piper Sandler, and Mizuho have maintained their positive ratings on ConocoPhillips with price targets ranging from $120 to $140.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:49 pm

SCHW

Charles Schwab's (NYSE:SCHW) short percent of float has fallen 7.14% since its last report, with 25.82 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, Charles Schwab has less short interest as a percentage of float, with an average of 3.76%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:31 pm

GME

Andrew Left, founder of Citron Research, has been a central figure in the GameStop saga and is now under investigation by the Justice Department and SEC for his activities as a short seller. Left, who had announced that Citron would no longer publish short reports after the GameStop incident, has since reversed course and is back to highlighting problematic companies. He argues that he should be rewarded for exposing bad companies rather than being targeted by federal agencies.

Portfolio Pulse from Chris Katje

July 12, 2023 | 7:17 pm

SAN

Banco Santander's (NYSE:SAN) short percent of float has fallen 16.67% since its last report, with 8.63 million shares sold short, which is 0.05% of all regular shares available for trading. It would take traders 3.07 days to cover their short positions on average. The company's short interest is less than its peer group average of 1.02%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:15 pm

IT

Gartner's (NYSE:IT) short percent of float has fallen 24.52% since its last report, with 1.58 million shares sold short, which is 2.34% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Gartner. Compared to its peers, Gartner has less short interest as a percentage of float, with an average of 2.47%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:15 pm

SMFG

The short percent of float for Sumitomo Mitsui Finl Gr (NYSE:SMFG) has risen 25.0% since its last report, with 3.54 million shares sold short. This represents 0.05% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment towards a stock. However, compared to its peers, SMFG has less short interest as a percentage of float, which is 1.02% on average.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:15 pm

IMAX

In the last quarter, Imax (NYSE:IMAX) received 8 bullish analyst ratings with an average price target of $25.38, indicating a potential upside from the current price of $17.245. This average price target has increased by 6.37% from the previous average of $23.86.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:01 pm