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WEX

Analysts have provided various ratings for WEX (NYSE:WEX) within the last quarter, with 1 bullish, 1 somewhat bullish, and 3 indifferent. The average 12-month price target for WEX is $229.6, which has increased by 2.61% over the past month.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:00 pm

ITW

Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 15 years, producing an average annual return of 13.42%. If an investor had bought $100 of ITW stock 15 years ago, it would be worth $653.98 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:00 pm

OXY

In the last quarter, Occidental Petroleum (NYSE:OXY) received 15 analyst ratings, with 5 being bullish, 3 somewhat bullish, and 7 indifferent. The company has an average 12-month price target of $69.73, a decrease of 0.67% from the previous average price target of $70.20.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 7:00 pm

MCO

Moody's (NYSE:MCO) short percent of float has risen 6.82% since its last report, with 1.49 million shares sold short, which is 0.94% of all regular shares available for trading. It would take traders 2.65 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.73%.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 6:45 pm

ALL

Allstate's (NYSE:ALL) short percent of float has risen 7.26% since its last report, with 3.45 million shares sold short, which is 1.33% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a stock. However, compared to its peers, Allstate has less short interest as a percentage of float, which is 1.69% on average.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 6:45 pm

ICE

Intercontinental Exchange's (NYSE:ICE) short percent of float has fallen 13.95% since its last report, with 4.17 million shares sold short, which is 0.74% 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, Intercontinental Exchange has less short interest.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 6:45 pm

HD

Telsey Advisory Group analyst Joseph Feldman has reiterated the Market Perform rating on Home Depot, Inc. (NYSE:HD), but lowered the price target to $330 from $335 due to higher interest, inflation, and other macro factors. Feldman also lowered 3Q23 and annual estimates for Home Depot. The company is expected to face near-term pressure due to the challenging macro backdrop, soft housing market trends, and lower spending on home improvement. However, in the long term, Home Depot is expected to be a winner in retail due to its best-in-class execution, digital prowess, and work-from-home arrangements.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2023 | 6:44 pm

NOVA

RUN

SPWR

Truist Securities analyst Jordan Levy has downgraded Sunrun Inc (RUN) and Sunnova Energy International, Inc (NOVA) to Hold from Buy, and lowered their price targets. The price target for SunPower Corp (SPWR) was also cut, but its Hold rating was maintained. Levy believes the residential solar market has been impacted by rates and policy changes curbing U.S. growth, and expects this trend to continue into 2024. However, he is bullish on the long-term outlook for the home electrification and resiliency market.

Portfolio Pulse from Lekha Gupta

October 04, 2023 | 6:41 pm

HES

A significant bearish stance has been taken on Hess (NYSE:HES) as indicated by unusual options activity. The overall sentiment of these big-money traders is 75% bearish. The mean open interest for Hess options trades today is 511.71 with a total volume of 3,367.00. Whales have been targeting a price range from $140.0 to $160.0 for Hess over the last 3 months. The price of HES is down -1.04% at $147.95. Analysts from Mizuho, UBS, and Morgan Stanley have maintained their ratings on Hess.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 6:32 pm

CME

CME Gr (NASDAQ:CME) has outperformed the market over the past 20 years by 6.67% on an annualized basis, producing an average annual return of 13.89%. If an investor had bought $1000 of CME stock 20 years ago, it would be worth $13,863.79 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 6:30 pm