Streetbeat News

Analyst Ratings

BOKF

BOK Financial (NASDAQ:BOKF) has received 6 analyst ratings in the last quarter, with 1 somewhat bullish and 5 indifferent. The average price target is $94.67, indicating an upside from the current price of $82.01. However, this average has decreased by 7.19% from the previous target of $102.00.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:00 pm

CNO

Over the past 3 months, 4 analysts have published their opinion on CNO Finl Group (NYSE:CNO) stock. The average price target is $26.0, a 3.7% decrease from the previous average price target of $27.00. The analysts' ratings are mostly indifferent, with one somewhat bullish rating.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 8:00 pm

CVNA

Carvana Co. (NYSE:CVNA) shares dropped by nearly 11% on Thursday despite the company's improved Q2 outlook and a range of analyst price target changes. The stock's surge was possibly due to over 68% of Carvana's float being sold short. Despite the pullback, shares are up for the month with a 400% price increase this year.

Portfolio Pulse from Ryan Gustafson

June 29, 2023 | 7:50 pm

ABBV

A significant investor has taken a bearish stance on AbbVie (NYSE:ABBV), with 75% of detected trades being bearish. The total amount for puts is $641,231, while calls amount to $149,890. Whales have been targeting a price range from $110.0 to $150.0 for AbbVie over the last 3 months. The current price of ABBV is up 0.54% at $133.22, with RSI indicators suggesting a neutral position.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 7:39 pm

NKE

Nike, Inc (NYSE:NKE) is heading into its fourth-quarter earnings print with the stock trading flat. In the third quarter, Nike beat earnings and revenue estimates, but the stock dropped nearly 5% the following day. For the fourth quarter, analysts estimate earnings per share of 67 cents on revenues of $12.59 billion. JPMorgan analyst Matthew Korn maintained an Overweight rating on Nike but cut the price target from $152 to $146. From a technical analysis perspective, Nike’s stock looks bullish, having formed a possible bull flag pattern above the 200-day simple moving average (SMA).

Portfolio Pulse from Melanie Schaffer

June 29, 2023 | 7:17 pm

FTNT

Fortinet's (NASDAQ:FTNT) short percent of float has risen 27.88% since its last report, with 13.88 million shares sold short, which is 2.11% of all regular shares available for trading. It would take traders 2.8 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Fortinet's peer group average for short interest as a percentage of float is 5.48%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 7:15 pm

EXC

Exelon's (NASDAQ:EXC) short percent of float has fallen 10.48% since its last report, with 9.38 million shares sold short, which is 0.94% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Exelon has less short interest as a percentage of float, with an average of 2.25%.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 7:15 pm

DXCM

DexCom's (NASDAQ:DXCM) short percent of float has fallen 12.09% since its last report, with 12.71 million shares sold short, which is 3.71% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, DexCom's short interest as a percentage of float is higher than its peer group average of 3.35%.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 7:15 pm

WMT

A significant amount of unusual options activity has been observed for Walmart (NYSE:WMT), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $150.0 to $175.0 for Walmart over the last 3 months. The price of WMT is currently down -0.8% at $154.08. Analysts have mixed views, with Morgan Stanley and Credit Suisse downgrading their ratings, while Tigress Financial maintains a Buy rating.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 7:03 pm

GE

A significant bullish stance has been taken on General Electric (NYSE:GE) as evidenced by unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $40.0 to $115.0 for General Electric over the last 3 months. Barclays maintains an Overweight rating on General Electric with a price target of $125.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 7:03 pm