Streetbeat News

Analyst Ratings

ACN

Accenture's (NYSE:ACN) short percent of float has risen 25.0% since its last report, with 7.83 million shares sold short, which is 1.25% of all regular shares available for trading. It would take traders 3.96 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Accenture's peer group average for short interest as a percentage of float is 2.42%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:30 pm

BX

Blackstone's (NYSE:BX) short percent of float has fallen 5.39% since its last report, indicating a more bullish sentiment towards the stock. The company has 32.65 million shares sold short, which is 4.56% of all regular shares available for trading. Compared to its peers, Blackstone has a higher short interest as a percentage of float, with an average of 2.81%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:30 pm

PAY

Wedbush analyst Moshe Katri maintains a Neutral rating on Paymentus Holdings (NYSE:PAY) and raises the price target from $11 to $16.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:28 pm

COIN

Wedbush analyst Moshe Katri has reiterated an Outperform rating on Coinbase Global (NASDAQ:COIN) and maintained a price target of $110.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:20 pm

NOW

A significant number of investors have taken a bearish stance on ServiceNow (NYSE:NOW), with 70% of the observed trades being bearish. The big players have been eyeing a price window from $400.0 to $650.0 for ServiceNow during the past quarter. The stock's current price is $611.5, with an RSI indicating it may be approaching overbought. Analysts have mixed opinions, with ratings ranging from Buy to Market Outperform and price targets from $630 to $675.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:15 pm

FANG

A financial giant has made a bearish move on Diamondback Energy (NASDAQ:FANG), with 66% of traders showing bearish tendencies. The major market movers are focusing on a price band between $97.85 and $230.0 for Diamondback Energy. Analysts have mixed views, with Benchmark lowering its rating to Buy with a new price target of $154, while Susquehanna maintains a Positive rating with a target price of $200. Citigroup has revised its rating downward to Neutral, adjusting the price target to $170.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:15 pm

VGK

WFC

Wells Fargo has stated that a recession in the Eurozone is increasingly possible, although not yet inevitable. This could potentially impact the performance of the Vanguard FTSE Europe ETF (VGK), which tracks the performance of the European stock market.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:15 pm

MTCH

Match Group Inc's (MTCH) shares are trading higher by 4.2% following the company's Q3 financial results. The company reported earnings of 57 cents per share, surpassing the expected 54 cents, marking a 29.55% YoY increase. Quarterly sales were $881.6 million, slightly higher than the analyst estimate of $881.07 million, demonstrating an 8.9% YoY growth. However, the company’s preliminary 2024 revenue guidance was slightly below expectations, and the Q4 guidance came in lower due to geopolitical risk, FX and macro factors.

Portfolio Pulse from Henry Khederian

November 07, 2023 | 4:14 pm

CELH

Wedbush analyst Gerald Pascarelli has reiterated an Outperform rating on Celsius Holdings (NASDAQ:CELH) and maintained a price target of $225.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:14 pm

CVCO

Wedbush analyst Jay McCanless has maintained an 'Outperform' rating on Cavco Industries (NASDAQ:CVCO) but lowered the price target from $390 to $380.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:11 pm