Streetbeat News

Analyst Ratings

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) reported strong Q2 production and delivery figures, exceeding Street estimates by 10% and 12% respectively. The company reiterated its production target of 50,000 for fiscal 2023. Analysts from Truist Securities, Canaccord Genuity, and Cantor Fitzgerald maintained positive ratings and price targets for RIVN. The company's shares rose by 1.43% to $19.84.

Portfolio Pulse from Priya Nigam

July 05, 2023 | 4:07 pm

GLNG

Shares of Golar LNG (GLNG) are trading higher following bullish commentary from Stifel.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 4:05 pm

APPN

PEGA

Pegasystems Inc (PEGA) shares are trading higher by around 13% after Wedbush analyst Daniel Ives upgraded the stock and raised the price target to $65 from $50. Ives believes PEGA has seen improvements in its key Cloud business and expects accelerating Pega Cloud adoption. He also thinks Appian Corporation (APPN) lawsuit-related legal issues are overblown and expects PEGA to pay significantly less than the original estimation of $2.036 billion as the settlement amount.

Portfolio Pulse from Lekha Gupta

July 05, 2023 | 4:02 pm

AZO

AutoZone's (NYSE:AZO) short percent of float has risen 7.98% since its last report, with 318 thousand shares sold short, which is 1.76% 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, AutoZone's short interest as a percentage of float is less, with an average of 15.52%.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:01 pm

AXP

American Express's (NYSE:AXP) short percent of float has risen 10.09% since its last report, with 7.10 million shares sold short, which is 1.2% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards the stock. However, compared to its peers, American Express has less short interest.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:01 pm

APTV

Aptiv's (NYSE:APTV) short percent of float has fallen 11.95% since its last report, with 6.19 million shares sold short, which is 2.58% 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, Aptiv has less short interest as a percentage of float, with an average of 5.62%.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:01 pm

AJX

Great Ajax (NYSE:AJX) has received four analyst ratings in the last quarter, with one being bullish and three somewhat bullish. The average price target is $9.5, representing an upside from the current price of $6.825. This average price target is a 14.57% decrease from the previous average price target of $11.12.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:01 pm

TOL

In the last quarter, Toll Brothers (NYSE:TOL) received mixed analyst ratings with 2 bullish, 6 somewhat bullish, 1 indifferent, and 1 bearish. The average price target is $77.5, slightly below the current price of $77.87. This target has increased by 18.1% over the past month.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:01 pm

TRUP

In the last quarter, Trupanion (NASDAQ:TRUP) received one somewhat bullish rating and three indifferent ratings from analysts. The company's average 12-month price target is $34.25, representing a 35.38% decrease from the previous average price target of $53.00.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:00 pm

VSEC

VSE Corporation (NASDAQ:VSEC) has received positive analyst ratings in the last quarter, with 2 bullish and 3 somewhat bullish ratings. The average price target for VSE is $63.0, indicating an upside from the current price of $52.135. The average price target has increased by 8.62% over the past month.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:00 pm