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GOOGL

In the last quarter, Alphabet (NASDAQ:GOOGL) has received mostly bullish ratings from analysts, with 9 bullish, 14 somewhat bullish, and 3 indifferent ratings. Over the past 3 months, 26 analysts have offered 12-month price targets for Alphabet, with an average price target of $145.62, up by 9.29% from the previous average of $133.24.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 8:00 pm

SGH

Stifel analyst Brian Chin reiterated a Buy rating on SMART Global Holdings, Inc. (NASDAQ:SGH), but lowered the price target to $26 from $32. The company reported Q4 earnings of $0.35 per share, missing the analyst consensus estimate of $0.45. The analyst lowered FY24 EPS to $1.05 from $2.50 and revenue to $1.22 billion from $1.76 billion. SGH shares are trading lower by 43.99% to $13.21.

Portfolio Pulse from Nabaparna Bhattacharya

October 13, 2023 | 7:49 pm

WST

West Pharmaceutical Servs's (NYSE:WST) short percent of float has fallen 3.68% since its last report, indicating a more bullish sentiment towards the stock. The company has 885 thousand shares sold short, which is 1.57% of all regular shares available for trading. Compared to its peers, West Pharmaceutical Servs has less short interest, with the peer group average at 4.95%.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 7:45 pm

RVMD

Revolution Medicines has announced preliminary clinical data for RMC-6236 and RMC-6291, leading to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:45 pm

AEP

American Electric Power's (NYSE:AEP) short percent of float has fallen 10.78% since its last report, indicating a more bullish sentiment towards the stock. The company has 4.67 million shares sold short, which is 0.91% of all regular shares available for trading. Compared to its peers, AEP has less short interest, with the peer group average at 2.21%.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 7:45 pm

BCS

Barclays's (NYSE:BCS) short percent of float has risen 14.29% since its last report, with 2.96 million shares sold short, which is 0.08% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Barclays has less short interest as a percentage of float, which is 0.90% on average.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 7:45 pm

CRM

CSGP

DRI

FOXA

NWSA

NYT

Activist hedge fund Starboard Value has reportedly bought shares in News Corp, potentially indicating a push for changes within the media company. The size of the stake and the fund's plans are unknown. News Corp's shares have risen 14% this year but have underperformed compared to peers like New York Times Co. Starboard has previously pushed for changes at companies like Salesforce and Darden Restaurants.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:41 pm

DASH

DoorDash shares are trading lower, potentially due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:40 pm

WYNN

Morgan Stanley has maintained an Equal-Weight rating on Wynn Resorts but lowered its price target from $113 to $109. This has led to a decrease in Wynn Resorts' share price.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:38 pm

JD

Benchmark analyst Fawne Jiang has reiterated a Buy rating on JD.Com, Inc but lowered the price target to $67. Jiang has also reduced the 2H23 revenue estimates for JD, projecting a low single-digit year-on-year growth. The analyst cited softer-than-expected Q3 China retail/e-commerce growth and a tough year-on-year comparison on their leading electronic and home appliance SKUs as reasons. Jiang also warned about potential disruptions due to business adjustments and organizational restructuring.

Portfolio Pulse from Nabaparna Bhattacharya

October 13, 2023 | 7:34 pm