Streetbeat News

Analyst Ratings

MCD

McDonald's (NYSE:MCD) has seen a 17.57% rise in short percent of float since its last report, with 6.36 million shares sold short, representing 0.87% of all regular shares available for trading. This increase in short interest could indicate a bearish market sentiment towards McDonald's. However, compared to its peers, McDonald's has less short interest with an average of 9.55% for its peer group.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:15 pm

TJX

TJX Companies's short percent of float has fallen 8.7% since its last report, with 7.23 million shares sold short, which is 0.63% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards TJX. Compared to its peers, TJX has less short interest, with an average of 17.22% for its peer group.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:15 pm

HOOD

Robinhood Markets, Inc (NASDAQ:HOOD) stock surged over 7% on Tuesday, following a 4% increase on Monday. The spike was attributed to a Market Perform rating and a maintained $25 price target by JJMP Securities analyst Devin Ryan. The stock has been trading on higher-than-average volume, indicating a strong interest and positive sentiment. The stock is currently in an uptrend, having risen over 43% since May 17.

Portfolio Pulse from Melanie Schaffer

July 11, 2023 | 5:12 pm

PCOR

Procore Technologies' stock has been upgraded from Sector Perform to Sector Outperform by Scotiabank, which also announced an $81 price target for the stock.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:12 pm

SLRX

Zacks Small-Cap Research has set a price target of $6.75 for Salarius Pharmaceuticals. This could potentially influence the stock's performance in the short term.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 5:07 pm

BTCUSD

COIN

Shares of Coinbase Global, Inc. (NASDAQ:COIN) are trading 10% higher on Tuesday, continuing the stock's upward momentum from the last 30 days. The company's stock price has risen more than 65% over the last 30 days. JMP Securities analyst Devin Ryan reiterated coverage on Coinbase with a Market Outperform rating and maintained the $90 price target for COIN. The larger crypto market has recently surged with the price of Bitcoin surpassing the $31,000 mark. BlackRock submitted an amended application to the SEC for a spot Bitcoin ETF that includes custodial and market surveillance agreements with Coinbase Global.

Portfolio Pulse from Erica Kollmann

July 11, 2023 | 5:06 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

SPY

TSLA

Speculative fever is building in the stock market, driven by a rally in the 'magnificent seven' stocks: Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla. Predictions suggest a 100 point move in the S&P 500 following the release of CPI data. Nasdaq is set to conduct a special rebalance of the Nasdaq 100 due to the weight of these seven stocks. This may slightly impact these stocks negatively. Meanwhile, optimism from China's stimulus is influencing the U.S. market. An analyst predicts Bitcoin will reach $100K by the end of 2024.

Portfolio Pulse from The Arora Report

July 11, 2023 | 5:06 pm

CHWY

Motley Fool Newsletter has picked Chewy, Inc. (CHWY) as a stock to watch.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 5:05 pm

AMZN

FTCH

Amazon's shares are trading higher as it begins its Prime Day event, offering a range of discounts including its first-ever travel discounts. Analyst Nicholas Jones from JMP Securities reiterated Amazon.com with a Market Outperform and a $140 price target. Investors are likely to focus on the profitability of Amazon's retail business amid sluggish retail sales growth and recession fears. E-commerce appears more favorable compared to broader retail, reverting to pre-pandemic growth trends. Amazon's resilience is attributed to its exposure to consumer staples and strong app engagement.

Portfolio Pulse from Anusuya Lahiri

July 11, 2023 | 5:03 pm

DAL

Delta Air Lines (NYSE:DAL) has seen unusual options activity, with 57% of investors opening trades with bullish expectations and 42% with bearish. Whales have been targeting a price range from $30.0 to $50.0 for Delta Air Lines over the last 3 months. The price of DAL is down -0.11% at $48.41. Goldman Sachs, Jefferies, Raymond James, and B of A Securities have maintained their Buy ratings on Delta Air Lines, while Morgan Stanley downgraded its action to Overweight.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:02 pm