Streetbeat News

Equity Actions

D

Recent analysis of Dominion Energy (NYSE:D) by 13 analysts shows a mixed sentiment, with ratings ranging from bullish to bearish. The average 12-month price target is $49.85, up from $48.58, indicating a positive outlook. Analysts' actions include both upgrades and downgrades, reflecting diverse perspectives on the company's performance and market conditions. Dominion Energy's financial indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management are also discussed, providing a comprehensive view of its market position.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:01 pm

ATMU

Analyst ratings for Atmus Filtration Techs (NYSE:ATMU) show a predominantly bullish outlook, with recent adjustments indicating an average 12-month price target of $34.86, an 11.84% increase from the previous target. The company's financials reveal a positive revenue trend with a growth rate of 3.76%, a high net margin of 8.71%, and an exceptional ROE of 60.47%, despite a high debt-to-equity ratio of 7.76.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:00 pm

T

AT&T's (NYSE:T) short interest has increased by 18.55%, with 105.15 million shares sold short, representing 1.47% of its float. It would take about 3.31 days to cover all short positions. This rise in short interest can indicate a bearish market sentiment towards AT&T, although it has less short interest compared to its peers' average of 4.13%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 2:00 pm

EQT

Wellington Management Group has reported a 10.12% passive stake in EQT Corp as of April 30, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:26 pm

SGBX

Safe & Green Holdings Corp (NASDAQ:SGBX) shares fell 25% to $4.15 after announcing a $4 million private placement priced at-the-market. The deal includes 1,379,310 shares of common stock and warrants for up to 2,758,620 shares at $2.90 per share, with warrants exercisable at $2.65. The offering, closing around May 7, aims to raise funds for general corporate purposes and potentially repaying debt.

Portfolio Pulse from Henry Khederian

May 06, 2024 | 1:26 pm

TEAM

Atlassian has filed for a mixed-securities shelf offering according to an SEC filing, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:20 pm

ODFL

Old Dominion Freight Line (ODFL) has seen a 112.04% increase in short interest since its last report, with 4.46 million shares sold short, representing 2.29% of its float. It would take about 4.81 days to cover all short positions. This rise in short interest can indicate a bearish market sentiment towards ODFL, although it has less short interest compared to its peer group average of 4.71%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 1:15 pm

LDWY

Lendway has appointed Elizabeth McShane as its new Chief Financial Officer. This strategic move could signal a strengthening of Lendway's financial leadership and potentially drive future financial strategies and growth.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:14 pm

NVAX

Novavax has responded to Shah Capital, stating it values shareholder input on its strategy and believes it has the right board to oversee the company's direction, according to a spokesperson cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:11 pm

MULN

Mullen Automotive, Inc. (NASDAQ: MULN), an electric vehicle manufacturer, announced the adoption of a limited duration stockholder rights plan, effective immediately and expiring on May 1, 2025. This Rights Plan aims to ensure fair and equal treatment of all stockholders, protect the company from control attempts without a premium, and is not a financing transaction. No new shares or convertible securities are being issued in connection with this plan.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:05 pm