Streetbeat News

Analyst Ratings

SU

National Bank Financial Inc's analyst Travis Wood has maintained an 'Outperform' rating on Suncor Energy (NYSE:SU) but lowered the price target from C$60 to C$57.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 5:24 pm

PREKF

National Bank Financial Inc's analyst Dan Payne has maintained a 'Sector Perform' rating on PrairieSky Royalty (OTC:PREKF) and raised the price target from C$23 to C$26.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 5:22 pm

RETA

Reata Pharmaceuticals' shares are trading higher following the FDA's approval of the Prior Approval Supplement to update the drug substance specification for SKYCLARYS. Ladenburg Thalmann has also increased its price target for the company from $104 to $122.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 5:21 pm

AAPL

AMZN

GOOG

Neuberger Berman's Daniel Flax has identified Apple Inc (AAPL), Alphabet Inc (GOOG), and Amazon.com, Inc. (AMZN) as his top tech stocks for the second half of the year. Despite challenges, Flax believes these companies will continue to innovate and drive growth. He highlighted Apple's ability to navigate a choppy environment, Alphabet's dominance in the search space and growth prospects via YouTube and its cloud business, and Amazon's value delivery through Prime subscriptions and its well-positioned Amazon Web Services.

Portfolio Pulse from Adam Eckert

June 29, 2023 | 5:19 pm

PEYUF

National Bank Financial Inc's analyst Dan Payne has maintained an 'Outperform' rating on Peyto Exploration & Dev (OTC:PEYUF) but lowered the price target from C$16 to C$15.5.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 5:19 pm

NUVSF

National Bank Financial Inc's analyst Dan Payne has maintained a 'Sector Perform' rating on NuVista Energy (OTC:NUVSF) and lowered the price target from C$14.25 to C$13.5.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 5:16 pm

PRO

Needham analyst Scott Berg has reiterated a Buy rating for PROS Holdings Inc (NYSE:PRO) with a $35 price target. This follows a review of recent IATA air traffic passenger data, which suggests air travel demand is ahead of current projections. IATA predicts total passenger traffic will return to pre-pandemic levels in 2024, a year earlier than prior expectations. This is expected to benefit PROS as its travel customers restart pricing-related software investments.

Portfolio Pulse from Anusuya Lahiri

June 29, 2023 | 5:15 pm

DLTR

Dollar Tree's (NASDAQ:DLTR) short percent of float has risen 15.7% since its last report, with 7.69 million shares sold short, which is 4.2% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock, signaling that investors have become more bearish. However, increasing short interest can also be bullish for a stock.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 5:15 pm

DDOG

Datadog's (NASDAQ:DDOG) short percent of float has risen 9.65% since its last report, with 10.22 million shares sold short, which is 3.75% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. Datadog's peer group average for short interest as a percentage of float is 3.40%, which means the company has more short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 5:15 pm

MEGEF

National Bank Financial Inc's analyst Dan Payne has maintained a 'Sector Perform' rating on MEG Energy (OTC:MEGEF) but lowered the price target from C$29 to C$27.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 5:14 pm