Streetbeat News

Analyst Ratings

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

NXT

Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on NEXTracker (NASDAQ:NXT) and maintained a $52 price target.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:48 pm

RKLB

Cantor Fitzgerald analyst Andres Sheppard has initiated coverage on Rocket Lab USA (NASDAQ:RKLB) with an Overweight rating and a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:46 pm

BUD

Anheuser-Busch InBev's (NYSE:BUD) short percent of float has fallen 8.0% since its last report, with 3.96 million shares sold short, which is 0.23% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Anheuser-Busch InBev has less short interest.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 4:45 pm