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MAXN

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) reported a Q3 loss of $2.21 per share, with sales of $227.63 million surpassing estimates. Following the earnings report, the stock dropped 10.1%. Analysts from Raymond James, Northland Capital Markets, Goldman Sachs, and Roth MKM revised their price targets downward, with some maintaining their ratings and others downgrading the stock.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 6:07 pm

F

GM

STLA

United Auto Workers (UAW) members at General Motors Co (GM) have ratified a tentative contract agreement, potentially ending a labor dispute with Detroit's Big Three automakers. The deal's approval at GM could influence ongoing votes at Ford Motor Company (F) and Stellantis NV (STLA), where current trends suggest favorable outcomes. The contracts, if approved by all 146,000 union members, would result in significant wage increases and adjustments. GM shares dropped 1.42% to $27.74 in recent trading.

Portfolio Pulse from Vandana Singh

November 16, 2023 | 6:06 pm

FISV

UBS analyst Timothy Chiodo has reaffirmed a Buy rating on Fiserv and increased the price target from $140 to $150.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 6:04 pm

CBSTF

The Cannabist Company Holdings Inc. is launching two flower brands, Seed & Strain and Classix, in Florida. Classix will be available from Nov. 20 at all 14 Cannabist locations in Florida, while Seed & Strain will debut on Nov. 28. Florida is the 15th market for both brands. The company's shares traded slightly lower at $0.3865 per share on Thursday morning.

Portfolio Pulse from Jelena Martinovic

November 16, 2023 | 6:02 pm

NKTX

Nkarta (NASDAQ:NKTX) received 5 bullish analyst ratings in the last quarter with no bearish or neutral ratings. The average 12-month price target among these analysts is $12.00, with a high of $15.00 and a low of $9.00. This target represents an 18.2% decrease from the previous target of $14.67. Analysts typically review stocks quarterly or after major company updates, considering factors like future earnings and revenue potential.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 6:00 pm

WDAY

Workday (NASDAQ:WDAY) has received 31 analyst ratings in the last quarter with an average price target of $256.94, representing an upside from the current price of $230.8. The average price target has increased by 3.87% from the previous target of $247.37. The ratings include 6 bullish, 19 somewhat bullish, 5 indifferent, and 1 bearish.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 6:00 pm

UNH

UnitedHealth Group (NYSE:UNH) has seen a decrease in short interest, with the current level at 5.95 million shares or 0.64% of float, down 4.48% since the last report. The short interest is lower than the peer group average of 3.33%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 6:00 pm

SHW

Over the past 20 years, Sherwin-Williams (NYSE:SHW) has produced an average annual return of 17.43%, outperforming the market by 9.94% on an annualized basis. A $100 investment in SHW 20 years ago would be worth $2,496.19 today. Sherwin-Williams currently has a market capitalization of $67.78 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 6:00 pm

WBD

Warner Bros. Discovery (NYSE:WBD) has seen an 11.61% increase in short interest since the last report, with 102.05 million shares sold short, representing 4.23% of available shares. It would take about 5.81 days to cover these short positions based on current trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Compared to its peers, WBD has a lower short interest as a percentage of float, with the peer group average at 6.92%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 6:00 pm

HON

Over the past 20 years, Honeywell Intl (NASDAQ:HON) has produced an average annual return of 10.02%, outperforming the market by 2.52% on an annualized basis. A $100 investment in HON 20 years ago would be worth $680.77 today. Honeywell Intl currently has a market cap of $125.79 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 6:00 pm