Streetbeat News

Analyst Ratings

SRG

Odeon Capital analyst Alex Arnold has initiated coverage on Seritage Growth Props (NYSE:SRG) with a Buy rating and a price target of $14.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:21 pm

HITI

Canaccord Genuity analyst Matt Bottomley has initiated coverage on High Tide (TSXV:HITI) with a Buy rating and a price target of C$4.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:19 pm

FOUR

UBS analyst Rayna Kumar maintains a Buy rating on Shift4 Payments (NYSE:FOUR) and raises the price target from $86 to $93.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:19 pm

VIRT

JP Morgan analyst Kenneth Worthington maintains an Overweight rating on Virtu Financial (NASDAQ:VIRT) but lowers the price target from $22 to $20.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:16 pm

HSY

JP Morgan analyst Ken Goldman has maintained a Neutral rating on Hershey (NYSE:HSY) and lowered the price target from $252 to $249.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:15 pm

NKE

Nike's (NYSE:NKE) short percent of float has risen 26.87% since its last report, with 19.39 million shares sold short, which is 2.03% of all regular shares available for trading. It would take traders 1.95 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Nike's peer group average for short interest as a percentage of float is 7.62%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:15 pm

UNP

Union Pacific's (NYSE:UNP) short percent of float has risen 8.82% since its last report, with 4.50 million shares sold short, which is 0.74% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Union Pacific has less short interest.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:15 pm

MRK

Merck & Co's (NYSE:MRK) short percent of float has fallen 4.84% since its last report, with 14.96 million shares sold short, which is 0.59% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Merck & Co has less short interest.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:15 pm

BKR

B of A Securities analyst Chase Mulvehill has reinstated Baker Hughes (NASDAQ:BKR) with a Buy rating and maintained a $38 price target.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 2:15 pm

FHI

JP Morgan analyst Kenneth Worthington maintains an Overweight rating on Federated Hermes (NYSE:FHI) but lowers the price target from $48 to $46.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:14 pm