Streetbeat News

Analyst Ratings

IBTX

In the last quarter, Independent Bank Gr (NASDAQ:IBTX) received 4 bullish ratings from analysts, with an average price target of $46.75, indicating potential upside from the current price of $35.99. This average price target represents a 7.11% decrease from the previous average price target of $50.33.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 9:00 pm

INTU

Intuit's (NASDAQ:INTU) short percent of float has fallen 4.62% since its last report, with 3.37 million shares sold short, which is 1.24% of all regular shares available for trading. It would take traders 1.9 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 3.51%.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:30 pm

ILMN

Illumina's (NASDAQ:ILMN) short percent of float has risen 29.84% since its last report, with 5.59 million shares sold short, which is 3.96% of all regular shares available for trading. It would take traders 4.2 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.90%.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:30 pm

GOOGL

Alphabet's (NASDAQ:GOOGL) short percent of float has fallen 4.26% since its last report, indicating a more bullish sentiment towards the stock. The company has 53.56 million shares sold short, which is 0.9% of all regular shares available for trading. Compared to its peers, Alphabet has less short interest, with the peer group average at 6.59%.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:30 pm

GFS

GLOBALFOUNDRIES's (NASDAQ:GFS) short percent of float has risen 3.36% since its last report, with 10.42 million shares sold short, which is 12.61% of all regular shares available for trading. This indicates that more traders are betting on the stock's price to fall. However, an increase in short interest can sometimes be bullish for a stock. Compared to its peers, GLOBALFOUNDRIES has a higher short interest.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:15 pm

GEHC

The short percent of float for GE HealthCare Techs (NASDAQ:GEHC) has risen 46.05% since its last report, with 8.08 million shares sold short, representing 2.22% of all regular shares available for trading. It would take traders 2.8 days on average to cover their short positions. The company's short interest is less than its peer group average of 3.42%.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:15 pm

NVDA

NVIDIA Corp. (NASDAQ:NVDA) shares fell over 1% due to concerns about the potential impact of US export restrictions to China on the company's business. Despite the drop, analysts from Rosenblatt Securities and Bank of America remain bullish, citing minimal impact of the restrictions on NVIDIA's sales and the potential for the large AI accelerator market to offset any potential restrictions in the Chinese market. Goldman Sachs also maintains a Buy rating on NVDA, viewing any fluctuations as an opportunity to increase positions.

Portfolio Pulse from Piero Cingari

June 29, 2023 | 8:10 pm

FC

Franklin Covey (NYSE:FC) has received 5 bullish ratings from analysts in the last quarter, with an average 12-month price target of $65.2, a decrease of 19.01% from the previous average price target of $80.50. No bearish or indifferent ratings were observed.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:01 pm

SBCF

Seacoast Banking (NASDAQ:SBCF) has received mixed analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 2 indifferent. The company's average 12-month price target is $25.8, a decrease of 14.57% from the previous average of $30.20.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:01 pm

CFR

Over the past 3 months, 6 analysts have published their opinion on Cullen/Frost Bankers (NYSE:CFR) stock. The analysts have an average price target of $124.0 versus the current price of Cullen/Frost Bankers at $107.67, implying upside. This current average has decreased by 4.74% from the previous average price target of $130.17.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:00 pm