Streetbeat News

Stock Prices

KKR

KKR & Co's short percent of float has fallen 6.98% since its last report, with 7.69 million shares sold short, which is 1.2% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, KKR & Co has less short interest.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:00 pm

TRGP

Over the past 3 months, 6 analysts have published their opinion on Targa Resources (NYSE:TRGP) stock. The average price target for the stock is $103.17, with a high of $114.00 and a low of $94.00. The average price target has increased by 6.58% over the past month. Out of the 6 analysts, 4 are bullish, 2 are somewhat bullish, and none are bearish or indifferent.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:00 pm

CSR

Centerspace (NYSE:CSR) has received 2 bullish and 2 indifferent analyst ratings in the last quarter. The average price target is $64.0, compared to the current price of $50.83, implying an upside. This average has decreased by 3.03% from the previous average price target of $66.00.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:00 pm

MBLY

Mobileye Global's (NYSE:MBLY) short percent of float has decreased by 9.31% since its last report, with 16.87 million shares sold short. This represents 25.41% of all regular shares available for trading. The average time to cover these short positions is 5.67 days. The company's short interest is higher than its peer group average of 5.64%.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:00 pm

ETHUSD

On Sunday, 4,136.17 Ether (ETH) worth $7,838,323 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -2.87%.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:00 pm

BIL

BRK

Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK) has reduced its exposure to equities and increased its cash holdings, with cash, cash equivalents, and U.S. Treasury Bills valued at $157.2 billion at the end of September. A significant portion of this, approximately $127.6 billion, was invested in U.S. Treasury Bills. The company's net acquisitions of U.S. Treasury Bills and fixed maturity securities surged to $134.2 billion during the first nine months of 2023. This move has influenced market participants, leading to a significant $3.2 billion inflow into the SPDR Bloomberg 1-3 Month T-Bill ETF (NYSE:BIL) over the past week.

Portfolio Pulse from Piero Cingari

November 06, 2023 | 5:49 pm

DBGI

Digital Brands Group Inc (NASDAQ:DBGI) has announced that its Board of Directors will initiate a formal review to explore strategic alternatives to maximize shareholder value. The decision comes in light of the dislocation between the company's public market value and the intrinsic value of its underlying assets. The company has not set a deadline for the completion of the process. In recent months, Digital Brands raised $5 million through equity offering and reported a 69.6% increase in Q2 FY23 revenue to $4.5 million.

Portfolio Pulse from Shivani Kumaresan

November 06, 2023 | 5:44 pm

BLMN

Bloomin' Brands reported Q3 FY23 sales growth of 2.3% to $1.079 billion, missing the analyst consensus estimate. Adjusted EPS of $0.44 beat the consensus. The company cut FY23 U.S. comparable restaurant sales and adjusted EPS guidance. Following the earnings announcement, analysts from Raymond James, Barclays, and Piper Sandler cut their price targets on Bloomin' Brands.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 5:43 pm

LIFW

Shares of MSP Recovery, Inc. (NASDAQ:LIFW) are trading higher on heavy volume, with over 44.9 million shares traded compared to the 100-day average of 2.126 million. The company recently announced compliance with all Nasdaq listing standards, allowing its Class A common stock to continue to be listed and traded on the exchange. MSP Recovery uses data and analytics to identify and recover improper payments in the Medicare, Medicaid and commercial health insurance segments.

Portfolio Pulse from Erica Kollmann

November 06, 2023 | 5:41 pm

D

Barclays has upgraded Dominion Energy's stock from Equal-Weight to Overweight, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 5:41 pm