Streetbeat News

Analyst Ratings

NSC

Morgan Stanley has maintained its Equal-Weight rating for Norfolk Southern (NYSE:NSC) but lowered its price target from $174.00 to $170.00. Norfolk Southern's shares are currently trading at $187.56, up 0.95% over the last 24 hours. A move to $170.00 would represent a 9.36% decrease from the current share price.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:00 pm

JCI

Johnson Controls Intl's (NYSE:JCI) short percent of float has risen 9.68% since its last report, with 4.60 million shares sold short, which is 0.68% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Johnson Controls Intl's short interest as a percentage of float is less, with an average of 3.62%.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:00 pm

TGT

Target's (NYSE:TGT) short percent of float has fallen 4.64% since its last report, with 8.50 million shares sold short, which is 1.85% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Target has less short interest as a percentage of float, with an average of 3.73%.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:00 pm

GD

Wells Fargo has maintained its Overweight rating for General Dynamics (NYSE:GD) and increased its price target from $243.00 to $264.00. This new target price represents a 9.51% increase from the current share price. General Dynamics is a defense contractor and business jet manufacturer with segments in aerospace, marine, combat systems, and technologies.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:00 pm

DVN

Devon Energy's (NYSE:DVN) short percent of float has risen 10.43% since its last report, with 13.01 million shares sold short, which is 2.33% of all regular shares available for trading. It would take traders 1.31 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.74%.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:00 pm

ZLAB

Goldman Sachs has maintained its Buy rating for Zai Lab (NASDAQ:ZLAB) but lowered its price target from $82.47 to $73.34. Zai Lab's shares are currently trading down 1.5% at $23.70 per share. A move to the new price target would represent a 209.45% increase from the current share price.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:00 pm

FBIN

Barclays has maintained its Overweight rating for Fortune Brands (NYSE:FBIN) but lowered its price target from $74.00 to $66.00. Fortune Brands' shares are currently trading at $55.94, up 1.29% over the last 24 hours. A move to the new price target would represent a 17.98% increase from the current share price.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:00 pm

TSX:FM

RBC Capital analyst Sam Crittenden has downgraded First Quantum Minerals (TSX:FM) from Outperform to Sector Perform and lowered the price target from C$42 to C$38.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:58 pm

TSX:MRG

RBC Capital analyst Pammi Bir maintains an Outperform rating on MORGUARD NA RES REAL ESTATE INV TR (TSX:MRG) but lowers the price target from C$24 to C$20.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:56 pm

CP

RBC Capital analyst Walter Spracklin has maintained an 'Outperform' rating on Canadian Pacific Kansas (TSX:CP), but lowered the price target from C$133 to C$128.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:53 pm