Streetbeat News

Analyst Ratings

TFX

Stephens & Co. analyst George Sellers has reiterated an Overweight rating on Teleflex (NYSE:TFX) and maintained a price target of $275.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:30 pm

SNDR

Stephens & Co. analyst Jack Atkins has maintained an Overweight rating on Schneider National (NYSE:SNDR) but lowered the price target from $38 to $28.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:28 pm

MRNA

Moderna Inc (MRNA) reported a Q3 loss of $(9.53), down from EPS income of $2.53, missing analysts' estimate of $(1.93). Sales reached $1.8 billion, beating the consensus of $1.4 billion but down from $3.4 billion a year ago. HSBC and Goldman Sachs lowered their price targets on Moderna following the earnings announcement.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 4:26 pm

TRN

Stephens & Co. analyst Justin Long has maintained an Equal-Weight rating on Trinity Industries (NYSE:TRN) and lowered the price target from $27 to $26.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:25 pm

AXL

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) reported Q3 sales of $1.552 billion, beating the analyst consensus. However, the company's adjusted loss per share was $(0.11), missing the analyst consensus. The UAW work stoppage impacted sales by approximately $15 million and adjusted EPS by $0.03. The company has narrowed its FY23 sales guidance to $6.0 billion-$6.1 billion and expects Adjusted EBITDA of $660 million-$685 million.

Portfolio Pulse from Nabaparna Bhattacharya

November 03, 2023 | 4:24 pm

CYBR

Stephens & Co. analyst Brian Colley maintains an Overweight rating on CyberArk Software (NASDAQ:CYBR) and raises the price target from $210 to $220.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:23 pm

HLIO

Helios Technologies reported disappointing Q3 results and reduced its FY23 guidance, leading to a drop in its share price. Keybanc maintained an Overweight rating on the stock but lowered its price target from $70 to $58.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:19 pm

SWKS

Skyworks Solutions Inc (NASDAQ:SWKS) reported Q4 earnings beating estimates but issued a weak revenue forecast for Q1. Analysts from Keybanc, Morgan Stanley, and Susquehanna have lowered their price targets on Skyworks following the earnings announcement.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 4:18 pm

WEC

WEC Energy Group's short percent of float has risen 22.84% since its last report, with 4.83 million shares sold short, which is 1.99% of all regular shares available for trading. It would take traders 2.17 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, WEC Energy Group's peer group average for short interest as a percentage of float is 2.63%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:15 pm

MCD

McDonald's (NYSE:MCD) has seen a 6.59% rise in short percent of float since its last report, with 7.07 million shares sold short, representing 0.97% of all regular shares available for trading. This increase in short interest could indicate a bearish market sentiment towards McDonald's. However, compared to its peers, McDonald's has less short interest, with an average of 9.43% for its peer group.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:15 pm