Streetbeat News

Analyst Ratings

GSK

GSK's short percent of float has risen 18.75% since its last report, with 3.84 million shares sold short, which is 0.19% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, GSK's peer group average for short interest as a percentage of float is 3.56%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:17 pm

GIS

General Mills's (NYSE:GIS) short percent of float has fallen 6.6% since its last report, with 11.59 million shares sold short, which is 1.98% 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, General Mills has less short interest as a percentage of float, with an average of 5.48%.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:16 pm

GE

General Electric's (NYSE:GE) short percent of float has risen 4.92% since its last report, with 13.91 million shares sold short, which is 1.28% of all regular shares available for trading. It would take traders 2.69 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, GE's short interest as a percentage of float is 4.17%, which is less than most of its peers.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:16 pm

NKLA

RIVN

Nikola Corp (NKLA) shares are trading higher by 10.77% to $1.44, rebounding from Thursday's weakness. The rise is attributed to better-than-expected U.S. jobs data, which could raise concerns over further rate hikes. The stock's movement is also potentially in sympathy with Rivian Automotive Inc (RIVN) after Wedbush raised its price target on the stock from $25 to $30. Rising interest rates could increase borrowing costs for companies like Nikola, impacting their financial health.

Portfolio Pulse from Henry Khederian

July 07, 2023 | 6:13 pm

OVV

In the last quarter, Ovintiv (NYSE:OVV) received 4 bullish and 5 indifferent analyst ratings. The company's average 12-month price target is $50.0, a decrease of 5.36% from the previous average of $52.83.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:01 pm

NTST

Over the past three months, four analysts have published their opinions on Netstreit (NYSE:NTST) stock, with two giving bullish ratings, one somewhat bullish, and one indifferent. The average 12-month price target for Netstreit is $21.38, representing a 2.82% decrease from the previous average price target of $22.00.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:01 pm

F

Analysts have provided various ratings for Ford Motor (NYSE:F) within the last quarter, with 4 being bullish, 1 somewhat bullish, and 3 indifferent. The average 12-month price target for Ford Motor, according to 8 analysts, is $15.22, with a high of $20.00 and a low of $12.00. This average price target has increased by 11.42% over the past month.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:01 pm

OZK

Analysts have provided ratings for Bank OZK (NASDAQ:OZK) within the last quarter, with 1 bullish and 5 indifferent ratings. The average price target is $39.0, implying a downside from the current price of $40.06. The average price target has increased by 2.09% over the past month.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:00 pm

NWE

NorthWestern (NASDAQ:NWE) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, 2 indifferent, and 1 bearish. The average price target is $58.3, indicating an upside from the current price of $56.67. This target has increased by 2.73% over the past month.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:00 pm

OGE

OGE Energy (NYSE:OGE) has received one bullish and three indifferent analyst ratings in the last quarter. The 12-month price target for OGE Energy, according to four analysts, is an average of $38.0, with a high of $40.00 and a low of $36.00. This average has not changed from the previous average price target.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 6:00 pm