Streetbeat News

Analyst Ratings

BKR

Baker Hughes's (NYSE:BKR) short percent of float has fallen 5.67% since its last report, with 15.53 million shares sold short, which is 2.33% of all regular shares available for trading. It would take traders 2.58 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 5.67%.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:45 pm

UBS

UBS Gr's (NYSE:UBS) short percent of float has fallen 8.0% since its last report, with 12.82 million shares sold short, which is 0.46% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards UBS Gr. Compared to its peers, UBS Gr has less short interest as a percentage of float, with an average of 2.32%.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:45 pm

CRM

Salesforce's (NYSE:CRM) short percent of float has fallen 15.66% since its last report, with 6.54 million shares sold short, which is 0.7% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Salesforce. Compared to its peers, Salesforce has less short interest as a percentage of float, with an average of 3.36%.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:45 pm

SOLUSD

Matthew Sigel, a digital asset strategist at VanEck, will share his crypto outlook at Benzinga's Future of Digital Assets conference. Sigel's research includes Bitcoin, smart contract platforms, and emerging market crypto. He recently co-wrote a report on Solana (CRYPTO: SOL), predicting $8 billion in revenues for Solana token holders by 2030. He also noted Solana's 340% surge in 2023, outperforming Bitcoin's 114% rise.

Portfolio Pulse from Stjepan Kalinic

November 09, 2023 | 5:44 pm

TSX:FSZ

RBC Capital analyst Geoffrey Kwan has maintained a 'Sector Perform' rating on Fiera Cap (TSX:FSZ) but lowered the price target from C$6 to C$5.5.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:43 pm

BTCUSD

JPM

XRPUSD

JPMorgan analysts have expressed skepticism about the recent crypto market surge, attributing it to the potential approval of a spot Bitcoin ETF in the U.S. and recent legal victories for the crypto industry. They believe the newly-approved ETFs are more likely to see a shift of existing capital from other Bitcoin products rather than attracting new capital. The analysts also addressed the impact of recent legal victories for Ripple and Grayscale on the future of crypto regulations.

Portfolio Pulse from Murtuza Merchant

November 09, 2023 | 5:42 pm

TSX:CPLF

RBC Capital analyst Maxim Matushansky maintains an 'Outperform' rating on Copperleaf Technologies (TSX:CPLF), but has lowered the price target from C$8 to C$7.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:41 pm

TSX:BEI

RBC Capital analyst Jimmy Bhullar maintains an Outperform rating on BOARDWALK REAL ESTATE INVESTMENT TR (TSX:BEI) and raises the price target from C$77 to C$79.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:39 pm

ATRA

Atara Biotherapeutics announced that its Phase 2 EMBOLD study of ATA188 in non-active progressive multiple sclerosis did not meet the primary endpoint of confirmed disability improvement. Following this announcement, multiple firms downgraded the stock.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:37 pm

TSX:AD

RBC Capital analyst Geoffrey Kwan has maintained a 'Sector Perform' rating on ALARIS EQUITY PARTNERS INCOME TRUST (TSX:AD) and raised the price target from C$15 to C$16.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:37 pm