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CMTL

Comtech Telecom's stock is trading lower following the release of their mixed Q1 financial results, indicating that while some aspects of the report may have met or exceeded expectations, others fell short.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 5:00 pm

CWK

Over the last quarter, Cushman & Wakefield (NYSE:CWK) received 5 analyst ratings: 2 bullish, 1 somewhat bullish, and 2 indifferent. No bearish ratings were reported. The average 12-month price target for CWK is now $10.9, a decrease of 15.37% from the previous target of $12.88. The highest target set is $12.00 and the lowest is $9.00.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

ADBE

BMO Capital has reaffirmed its Outperform rating on Adobe (NASDAQ:ADBE) and increased its price target from $670.00 to $690.00. Despite the positive outlook, Adobe's shares have fallen 1.09% in the last 24 hours to $602.13. The new price target suggests a potential upside of 14.59% from the current price. Adobe specializes in content creation, document management, and digital marketing software and services.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

HWM

Howmet Aerospace (NYSE:HWM) has seen a 4.76% increase in short interest since its last report, with 2.88 million shares sold short, representing 0.88% of its float. The short interest is below the peer group average of 3.00%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

FLNC

Morgan Stanley has maintained its Equal-Weight rating on Fluence Energy (NASDAQ:FLNC) and increased its price target from $27.00 to $32.00. Fluence Energy's shares are currently trading at $22.00, and the new price target suggests a potential upside of 45.45%. Fluence Energy specializes in energy storage products and services, with a significant portion of its revenue coming from the Americas.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

PK

Wells Fargo has maintained its Equal-Weight rating on Park Hotels & Resorts (NYSE:PK) and increased its price target from $14.00 to $15.00. PK's shares are currently trading at $15.08, which is slightly above the new target. Park Hotels & Resorts focuses on high-quality assets in the U.S. and operates under Hilton brands.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

PINS

Pinterest (NYSE:PINS) has seen a 54.8% increase in short interest since the last report, with 35.76 million shares sold short, representing 6.13% of available shares. The short interest ratio is 2.81 days to cover. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Pinterest's short interest is slightly below its peer group average of 6.14%. Short interest can sometimes be a bullish indicator, suggesting a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

IREN

Over the past quarter, Iris Energy (NASDAQ:IREN) received 9 analyst ratings, with 4 being bullish and 5 somewhat bullish, and none bearish. The average 12-month price target for IREN is $9.22, with a high of $11.00 and a low of $6.50. This target reflects a 7.8% decrease from the previous target of $10.00. Analyst ratings are opinions on stock performance and are updated quarterly.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

COP

JP Morgan has maintained a Neutral rating on ConocoPhillips (NYSE:COP) but lowered its price target from $153.00 to $141.00. ConocoPhillips' shares are currently trading up 0.55% at $111.46. The new price target suggests a potential 26.5% increase from the current price. ConocoPhillips is an independent oil and gas company with significant production and reserves.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm

DLR

Digital Realty Trust (NYSE:DLR) has received mixed analyst ratings in the last quarter, with 2 bullish and 2 indifferent ratings. The average price target among these analysts is $122.5, which is below the current price of $137.84, suggesting a potential downside. The average price target has increased by 5.15% from the previous target of $116.50. Analysts typically review stocks each quarter and their ratings are based on detailed financial analysis and company performance.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 5:00 pm