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BF.B

Brown Forman Inc Class B (NYSE:BF.B) reported Q2 earnings of $0.50 per share, missing the consensus estimate of $0.51 by 1.96%. Sales were $1.11B, falling short of the $1.15B estimate by 3.74%, but marked a 1.19% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:01 pm

PLUG

Analyst ratings for Plug Power (NASDAQ:PLUG) over the last quarter show 4 bullish, 3 somewhat bullish, 12 indifferent, 1 somewhat bearish, and 0 bearish ratings. The average price target is $8.09, representing an implied upside from the current price of $4.05, but this is a 45.26% decrease from the previous average price target of $14.78. Analysts rate stocks based on future earnings potential and the predictability of a company's revenue streams.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:00 pm

UWMC

UWM Holdings Corporation (NYSE:UWMC) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 indifferent, 1 somewhat bearish, and 1 bearish rating. The average price target among these analysts is $4.88, which is below the current price of $5.7, suggesting a potential downside. The average price target has decreased by 24.92% from the previous target of $6.50. Analysts' ratings are based on various data sources, including company calls, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:00 pm

HCDI

Harbor Custom Dev (NYSE:HCDI) has seen a 20.81% increase in short interest since the last report, with 45 thousand shares sold short, representing 2.09% of available shares. The short interest ratio is 1.43 days. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. HCDI has less short interest compared to its peers' average of 8.01%. Short interest can sometimes be a bullish indicator.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:00 pm

KBR

KBR, Inc. (NYSE:KBR) has seen a 9.78% increase in short interest since the last report, with 5.37 million shares sold short, representing 4.49% of available shares. The short interest is higher than the peer group average of 3.08%. While this indicates more bearish sentiment, it does not necessarily predict a near-term price drop. It takes traders approximately 2.06 days to cover their short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:00 pm

FSLR

First Solar (NYSE:FSLR) has seen a 14.49% increase in short interest since its last report, with 4.57 million shares sold short, representing 5.61% of its float. The short interest is higher than the peer group average of 3.54%. 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 06, 2023 | 1:00 pm

NMIH

Over the past 3 months, 4 Wall Street analysts have provided ratings for NMI Holdings (NASDAQ:NMIH), with 2 giving a bullish and 2 a somewhat bullish outlook. No indifferent, somewhat bearish, or bearish ratings were reported. The average 12-month price target for NMIH is $34.75, with a high of $37.00 and a low of $33.00. This target has increased by 8.59% over the past month.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:00 pm

ALE

JPM

Allete, Inc. (NYSE:ALE) is considering a sale after a 2% year-over-year decline in Q3 sales. The company is working with JP Morgan Chase & Co. (NYSE:JPM) on the sale process, attracting infrastructure funds and buyout firms. No deal is confirmed yet. Allete serves customers in Minnesota and Wisconsin and had a long-term debt of $1.686 billion at the end of Q3. ALE shares rose 8.02% to $60.76 on Tuesday.

Portfolio Pulse from Nabaparna Bhattacharya

December 06, 2023 | 12:59 pm

CME

LVS

TXRH

WMT

Insiders at Texas Roadhouse, CME Group, Walmart, and Las Vegas Sands have recently sold shares. Texas Roadhouse CEO sold shares after a weak earnings report, while CME Group's insider sold following strong earnings. Walmart's insider sale came after a report of sales growth, and Las Vegas Sands' principal stockholder sold a significant stake following a stock offering announcement.

Portfolio Pulse from Lisa Levin

December 06, 2023 | 12:57 pm

GIII

G-III Apparel Group (NASDAQ:GIII) reported Q3 FY24 earnings with a slight sales decline but exceeded EPS expectations. The company adjusted its FY24 EPS forecast upwards, while net sales estimates were lowered to align with expectations. Despite the upbeat earnings, G-III shares dropped 1.3%. Analysts from Keybanc, Telsey Advisory Group, and Barclays raised their price targets on G-III Apparel following the earnings announcement.

Portfolio Pulse from Lisa Levin

December 06, 2023 | 12:55 pm