Streetbeat News

Analyst Ratings

DELL

Dell Technologies' (NYSE:DELL) short percent of float has risen 49.62% since its last report, with 9.55 million shares sold short, which is 3.89% of all regular shares available for trading. It would take traders 1.08 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.22%.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 4:15 pm

HBAN

Raymond James analyst David Long has maintained a 'Strong Buy' rating on Huntington Bancshares (NASDAQ:HBAN), but lowered the price target from $15 to $13.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:15 pm

ABT

Abbott Laboratories' short percent of float has fallen 7.58% since its last report, with 10.61 million shares sold short, which is 0.61% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the company. Compared to its peers, Abbott Laboratories has less short interest as a percentage of float, with an average of 3.26%.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 4:15 pm

KVUE

Kenvue's (NYSE:KVUE) short percent of float has risen 4.96% since its last report, with 21.44 million shares sold short, which is 10.79% of all regular shares available for trading. This is higher than the average short interest of its peer group, which is 6.98%. Short interest can act as an indicator of market sentiment towards a particular stock.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 4:15 pm

GL

Raymond James analyst Wilma Burdis maintains a Strong Buy rating on Globe Life (NYSE:GL) and raises the price target from $138 to $160.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:10 pm

CMA

Raymond James analyst Michael Rose has maintained an Outperform rating on Comerica (NYSE:CMA), but lowered the price target from $53 to $48.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:06 pm

AMTB

Raymond James analyst Michael Rose has maintained an Outperform rating on Amerant Bancorp (NYSE:AMTB) but lowered the price target from $24 to $23.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:03 pm

MSFT

Microsoft Corp (NASDAQ:MSFT) is set to report Q1 financial results, with analysts estimating a revenue of $54.50 billion and earnings per share of $2.65. Analysts from Raymond James and Citigroup have expressed positive sentiment towards Microsoft due to its investments in artificial intelligence (AI), with price targets of $400 and $430 respectively. The company's cloud business, Azure, is expected to see a 26% YoY increase due to strong demand for AI services. Microsoft's recent acquisition of Activision Blizzard for $69 billion, the largest in its history, is also expected to have a significant impact.

Portfolio Pulse from Chris Katje

October 23, 2023 | 4:02 pm

CAKE

Cheesecake Factory (NASDAQ:CAKE) has received mixed analyst ratings in the last quarter, with 1 somewhat bullish, 5 indifferent, and 3 somewhat bearish. The average 12-month price target for the company is $33.28, a 1.54% decrease from the previous average of $33.80.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 4:00 pm

CMCSA

Comcast (NASDAQ:CMCSA) is evaluated against its major competitors in the Media industry. The company's P/E ratio is significantly higher than the industry average, suggesting a premium valuation. However, its P/B ratio is below the industry average, indicating potential undervaluation. The company's P/S ratio is also high, suggesting overvaluation based on sales performance. Comcast's ROE is slightly below the industry average, indicating potential inefficiency. However, the company's EBITDA, gross profit, and revenue growth are significantly higher than the industry average, indicating strong profitability and revenue generation.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 4:00 pm