Streetbeat News

Analyst Ratings

QCOM

Qualcomm's (NYSE:QCOM) short percent of float has risen 21.43% since its last report, with 13.24 million shares sold short, which is 1.19% of all regular shares available for trading. It would take traders 1.28 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.67%.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 6:30 pm

EW

Mizuho analyst Anthony Petrone has maintained a 'Buy' rating on Edwards Lifesciences (NYSE:EW) but lowered the price target from $90 to $85.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 6:29 pm

ALKS

Mizuho analyst Uy Ear maintains a Buy rating on Alkermes (NASDAQ:ALKS) but lowers the price target from $37 to $35.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 6:28 pm

SLGN

Truist Securities analyst Michael Roxland maintains a 'Buy' rating on Silgan Holdings (NYSE:SLGN) but has lowered the price target from $56 to $52.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 6:24 pm

OC

Truist Securities analyst Keith Hughes has maintained a 'Hold' rating on Owens-Corning (NYSE:OC) and lowered the price target from $135 to $115.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 6:23 pm

META

Truist Securities analyst Robert Zeller maintains a 'Buy' rating on Meta Platforms (NASDAQ:META) and raises the price target from $390 to $405.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 6:21 pm

CHTR

A significant bearish stance has been taken on Charter Communications (NASDAQ:CHTR) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 43% bullish and 56% bearish. The price of CHTR is down -4.36% at $405.26. Bernstein downgraded its action to Market Perform with a price target of $463, while Morgan Stanley and Benchmark maintained their ratings with price targets of $500 and $600 respectively.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 6:20 pm

DG

Dollar General (NYSE:DG) has seen unusual options activity, with a significant number of investors taking a bullish stance. Of the 15 strange trades detected, 60% were bullish and 40% bearish. The total amount for puts was $781,866 and for calls, $157,970. Whales have been targeting a price range from $100.0 to $120.0 for Dollar General over the last 3 months. The company's stock price is currently down -0.06% at $119.4. Analysts from Truist Securities, Citigroup, Morgan Stanley, and Piper Sandler have maintained their ratings on Dollar General.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 6:20 pm

BP

A significant bearish stance has been taken on BP (NYSE:BP) as indicated by unusual options activity. The sentiment among big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $30.0 to $43.0 for BP over the last 3 months. The current price of BP is down -0.93% at $38.7. The next earnings are expected to be released in 5 days.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 6:20 pm

OC

Owens Corning Inc reported Q3 FY23 net sales decline of 2% YoY to $2.48 billion, missing the consensus of $2.53 billion. Adjusted EPS was $4.15, up from $3.61 in 3Q22, above the consensus of $3.82. Following the earnings announcement, Barclays and RBC Capital cut their price targets on Owens Corning. The company's shares rose 2.6% to trade at $113.50 on Thursday.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 6:16 pm