Streetbeat News

Analyst Ratings

FBK

JP Morgan analyst Alex Lau maintains an Underweight rating on FB Financial (NYSE:FBK) and raises the price target from $29 to $31.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:17 pm

EBC

JP Morgan analyst Janet Lee maintains an Underweight rating on Eastern Bankshares (NASDAQ:EBC) and raises the price target from $11.5 to $13.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:16 pm

CSCO

Cisco Systems's (NASDAQ:CSCO) short percent of float has risen 15.45% since its last report, with 57.94 million shares sold short, which is 1.42% of all regular shares available for trading. It would take traders 3.1 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Cisco Systems's peer group average for short interest as a percentage of float is 6.31%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 4:15 pm

CRWD

CrowdStrike Holdings's (NASDAQ:CRWD) short percent of float has risen 3.63% since its last report, with 7.46 million shares sold short, which is 3.43% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, CrowdStrike has less short interest as a percentage of float, with an average of 5.43%.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 4:15 pm

CPRT

Copart's (NASDAQ:CPRT) short percent of float has fallen 14.17% since its last report, with 4.67 million shares sold short, which is 1.09% of all regular shares available for trading. It would take traders 2.2 days to cover their short positions on average. Copart's peer group average for short interest as a percentage of float is 4.64%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 4:15 pm

GPK

Deutsche Bank analyst Debbie Jones has downgraded Graphic Packaging Holding (NYSE:GPK) from Buy to Hold and lowered the price target from $30 to $26.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 4:14 pm

VERI

B of A Securities analyst Koji Ikeda has maintained an 'Underperform' rating on Veritone (NASDAQ:VERI) and lowered the price target from $5 to $4.25.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:13 pm

CFR

JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Cullen/Frost Bankers (NYSE:CFR) and raises the price target from $130 to $135.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:12 pm

CMA

JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Comerica (NYSE:CMA) and raises the price target from $46 to $52.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:11 pm

BKU

JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on BankUnited (NYSE:BKU) and raises the price target from $23 to $25.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 4:10 pm