Short interest for Definity Financial gives investors a sense of the degree to which investors are betting on the decline of Definity Financial's stock. Short interest data is updated every two weeks.

Definity Financial Stock (OTC:DFYFF), Short Interest Report

Definity Financial Corp offers personal and commercial insurance products. Through its personal lines insurance operations, the company offers auto, property, liability, and pet insurance products to individual customers, and its commercial lines insurance offering includes fleet, individually-rated commercial auto, property, liability, and specialty insurance products, which are provided to businesses of all sizes in Canada.

DEFINITY FINL CORP by DEFINITY FINL CORP.

Definity Financial Corp

Mullen Automotive, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares are&nbsp;<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading lower on Wednesday.</a>
The company announced&nbsp;the addition of zero-emissions commercial vehicle dealers, Minnesota-based Ziegler Truck Group&nbsp;and&nbsp;Washington-based Range Truck Group, a part of the Ziegler&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/g38843427/mullen-continues-commercial-ev-dealer-expansion-in-midwest-with-ziegler-truck-group-and-pacific-no" rel="noreferrer noopener">Companies distribution network.</a>
&#8220;This partnership signifies an additional step forward for Mullen as it broadens our reach and strengthens our foothold in the growing commercial EV market,&#8221; said David Michery, CEO and chairman of Mullen Automotive.
RTG and ZTG, Mullen&#8217;s new franchise partners, will handle national and regional fleet opportunities for Mullen&#8217;s commercial EVs, with a primary focus on the Pacific Northwest and upper Midwest regions of the U.S.
&#8220;Range and Ziegler&#8217;s extensive network of dealerships and proven track record in the commercial vehicle industry will be invaluable as we work together to deliver our electric cargo vans and trucks to businesses&nbsp;across the nation,&#8221; Michery added.
With a combined 110-year legacy in construction and agriculture equipment, Ziegler and Range Truck Group, both part of the Ziegler Companies portfolio, are committed to delivering cutting-edge zero-emissions solutions to the commercial transportation sector. As family-owned entities since 1914, they offer expertise in fleet integration, including transition planning, sales, service, and support, leveraging their extensive network and industry knowledge.
&#8220;Our customers are ready to explore, test&nbsp;and&nbsp;pilot vehicles, and with Mullen, we&#8217;re able to get them on the road to zero-emissions faster with low-barrier price points and with the support and reliability we&#8217;ve been collectively providing for over 110 years as a legacy dealer organization,&#8221; said Johannes Ariens, representing both RTG and ZTG.&nbsp;
Price Action:&nbsp;MULN shares are trading lower by 7.84% to $5.649&nbsp;at last check Wednesday.&nbsp;
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: Courtesy of Mullen Automotive, Inc.

Equities

News

Markets

Movers

General

MULN

What's Going On With Mullen Automotive Stock Today?

Roth MKM analyst Chip Moore maintains Dragonfly Energy Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFLI#NASDAQ">DFLI</a>) with a Buy and raises the price target from $0.9 to $1.5.

Price Target

Analyst Ratings

DFLI

Roth MKM Maintains Buy on Dragonfly Energy Hldgs, Raises Price Target to $1.5

BlackBerry Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) shares are trading lower Wednesday amid continued volatility following a surge in retail investor interest <a href="https://www.benzinga.com/news/24/05/38819637/whats-going-on-with-blackberry-stock-today">earlier this week</a>. 
What To Know: Despite Wednesday&#8217;s fall, BlackBerry shares are still up more than 10% for the week. The rally got started when Keith Gill, the GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) trader best known as &#8220;Roaring Kitty,&#8221; posted a simple <a href="https://twitter.com/TheRoaringKitty/status/1789807772542067105" target="_blank" rel="noreferrer noopener">meme</a> of a person leaning forward in a chair following three years of silence on social media. He has continued <a href="https://www.benzinga.com/general/social-media/24/05/38824759/roaring-kittys-timed-posts-on-x-ignite-fresh-rallies-in-gamestop-amc-more-meme-stocks" target="_blank" rel="noreferrer noopener">posting video clips</a> on X throughout the week.
GameStop shares were the first to move, but it didn't take long before retail traders began targeting other familiar meme names and stocks with <a href="https://www.benzinga.com/short-sellers/24/05/38822479/gamestops-david-vs-goliath-rematch-shorts-face-1-4b-loss-in-2024-as-roaring-kitty-returns" target="_blank" rel="noreferrer noopener">high short interest</a>.
Many of the outsized moves across markets to start the week are indicative of short covering. When short sellers exit bearish positions by buying borrowed shares back at higher prices, it often results in a short squeeze. It&#8217;s the same playbook that we saw from retail traders in 2021.
According to data from<a href="http://pro.benzinga.com"> Benzinga Pro</a>, 7.5% of BlackBerry&#8217;s float is currently sold short. The number is well below the short interest in other high short interest stocks that are making big moves this week. 
On Tuesday, BlackBerry <a href="https://www.benzinga.com/news/24/05/38819637/whats-going-on-with-blackberry-stock-today">announced</a> that it was recognized with the Customers&#8217; Choice designation in the 2024 Gartner Peer Insights &#8216;Voice of the Customer&#8217;: UEM market for the second year in a row. 
&#8220;We believe there is no greater reward than commendations by government and enterprise customers, recognizing that our innovative products and support make a difference to productivity – enabling staff to work from anywhere on any device, without risk of compromise,&#8221; said Nathan Jenniges, senior vice president and general manager of BlackBerry Cybersecurity.
Check This Out: <a href="https://www.benzinga.com/news/24/05/38843779/whats-going-on-with-amc-entertainment-stock-wednesday">What&#8217;s Going On With AMC Entertainment Stock Wednesday?</a>
BB Price Action: BlackBerry shares were down 7.78% at $3.19 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: courtesy of BlackBerry.

What's Going On With BlackBerry Stock Wednesday?

Trading Ideas

JDZG

Jlade Shares Resume Trade

Petrobras Shares Resume Trade

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 150 points on Wednesday.
The Dow traded up 0.59% to 39,790.88 while the NASDAQ rose 0.93% to 16,665.13. The S&amp;P 500 also rose, gaining, 0.80% to 5,288.72.
Check This Out: <a href="https://www.benzinga.com/news/24/05/38840839/wall-streets-most-accurate-analysts-views-on-3-materials-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Materials Stocks Delivering High-Dividend Yields</a>
Leading and Lagging Sectors Utilities shares rose by 1.5% on Wednesday.
In trading on Wednesday, energy shares fell by 0.8%.
Top Headline
U.S. retail sales came in unchanged month-over-month in April compared to a revised 0.6% increase in March.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>OptimizeRx Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRX#NASDAQ">OPRX</a>) shares shot up 25% to $13.12 following upbeat quarterly results.</li>
<li>Shares of Edible Garden AG Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDBL#NASDAQ">EDBL</a>) got a boost, surging 31% to $5.60 following first-quarter results.</li>
<li>iPower Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPW#NASDAQ">IPW</a>) shares were also up, gaining 37% to $1.22 after the company reported better-than-expected third-quarter financial results.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) shares dropped 63% to $0.83 after the company reported pricing of $2.25m public offering.</li>
<li>Shares of Pixelworks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PXLW#NASDAQ">PXLW</a>) were down 40% to $1.1150 after the company issued soft second-quarter guidance.</li>
<li>Aethlon Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEMD#NASDAQ">AEMD</a>) was down, falling 47% to $0.45 after the company announced pricing of $4.7 million public offering.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/24/05/38840642/dell-to-rally-over-13-here-are-10-top-analyst-forecasts-for-wednesday">Dell To Rally Over 13%? Here Are 10 Top Analyst Forecasts For Wednesday</a>
Commodities In commodity news, oil traded down 0.7% to $77.47 while gold traded up 0.7% at $2,375.50.
Silver traded up 1.8% to $29.22 on Wednesday, while copper fell 0.1% to $4.8895.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.44%, Germany's DAX rose 0.68% and France's CAC 40 rose 0.01%. Spain's IBEX 35 Index rose 0.98%, while London's FTSE 100 rose 0.08%.
Industrial production in the Eurozone increased by 0.6% month-over-month in March compared to a revised 1% gain in the previous month. The Eurozone economy grew by 0.3% on quarter during the first three months, compared to a 0.1% decline in the prior quarter.
The annual inflation rate in France fell to 2.2% in April from 2.3% in March.
Asia Pacific Markets
Asian markets closed mostly lower on Wednesday, with Japan's Nikkei gaining 0.08%, China's Composite Index falling 0.82%, Hong Kong's Hang Seng Index falling 0.22% and India's S&amp;P BSE Sensex falling 0.22%.
Total passenger vehicle sales in India rose 1.2% year-over-year to 287,746 in April compared to an 8.9% rise in the prior month. The People&#8217;s Bank of China kept the interest rate unchanged at 2.50%.
Economics
<ul>
<li>Mortgage applications in the US rose 0.5% from the prior week in the period ending May 10.</li>
<li>U.S. consumer prices rose 0.3% month-over-month in April compared to 0.4% in the previous month, and also down from market expectations of 0.4%.</li>
<li>Annual inflation rate in the U.S. slowed to 3.4% in April from 3.5% a month ago.</li>
<li>U.S. retail sales came in unchanged month-over-month in April compared to a revised 0.6% increase in March.</li>
<li>The NY Empire State Manufacturing Index declined to -15.6 in May compared to -14.3 in the prior month, and versus market estimates of -10.0.</li>
<li>Total business inventories declined by 0.1% month-over-month in March compared to a revised 0.3% gain in February.</li>
<li>The NAHB/Wells Fargo Housing Market Index declined to 45.0 in May, recording the lowest level in four months.</li>
<li>Crude oil inventories in the U.S. declined by 2.508 million barrels in the week ending May 10, compared to a 1.362 million gain in the prior period.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/05/38839679/top-3-consumer-stocks-that-could-blast-off-this-month">Top 3 Consumer Stocks That Could Blast Off This Month</a>

Earnings

Eurozone

Commodities

Intraday Update

AEMD

EDBL

OPRX

PXLW

VRPX

Nasdaq Surges 150 Points; Retail Sales Flat For April

HC Wainwright &amp; Co. analyst Edward White downgrades Bolt Biotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOLT#NASDAQ">BOLT</a>) from Buy to Neutral.

Downgrades

BOLT

HC Wainwright & Co. Downgrades Bolt Biotherapeutics to Neutral

Jefferies analyst Alejandro Demichelis downgrades Petrobras Brasileiro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBR#NYSE">PBR</a>) from Buy to Hold and lowers the price target from $21.2 to $17.7.

Jefferies Downgrades Petrobras Brasileiro to Hold, Lowers Price Target to $17.7

New York Attorney General Letitia James announced a <a href="https://ag.ny.gov/press-release/2024/attorney-general-james-stops-discriminatory-hiring-practices-doordash#:~:text=DoorDash%20will%20also%20pay%20a,%2C%E2%80%9D%20said%20Attorney%20General%20James" target="_blank" rel="noreferrer noopener">settlement </a>with the online food delivery platform DoorDash Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>). The settlement is regarding the rejection of delivery worker applicants with criminal histories. 
This settlement comes after an investigation revealed that DoorDash routinely rejected applicants based on their criminal history without fair assessment, violating state human rights laws and the New York City Fair Chance Act.&nbsp;
DoorDash agreed to reevaluate rejected applicants, revise hiring policies, and pay a $75,000 penalty. They will distribute the penalty to qualifying applicants who&nbsp;were wrongfully&nbsp;rejected.
DoorDash will review and reconsider all 2,898&nbsp;applicants who were rejected, with priority given to the 57 applicants who&nbsp;had&nbsp;submitted appeals.&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38565879/doordash-reports-mixed-q1-results-eps-miss-sales-beat" rel="noreferrer noopener">DoorDash Reports Mixed Q1 Results: EPS Miss, Sales Beat</a>
The company also&nbsp;failed&nbsp;to provide proper notice of rights to rejected applicants, as per the statement.
Attorney General James emphasized the importance of fair hiring practices, stating that everyone deserves a second chance and the opportunity to provide for their families.
Public Advocate Jumaane D. Williams commended the settlement, highlighting the significance of fair assessment in employment.&nbsp;
The settlement underscores the importance of fair employment practices and provides hope for applicants with criminal histories seeking job opportunities.
Dash stock has gained 74% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Invesco Leisure And Entertainment ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEJ#NYSE">PEJ</a>) and&nbsp;Invesco Food &amp; Beverage ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBJ#NYSE">PBJ</a>).
Price Action: DASH shares are trading higher by 0.41% at $115.15&nbsp;at the last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

DASH

PowerShares ETF Leisure & Entertainment Port

NY Attorney General Secures Deal: DoorDash Offers Second Chance To Applicants With Criminal Records

<a href="https://www.apple.com/newsroom/2024/05/the-redesigned-ipad-air-and-new-ipad-pro-are-available-today/" title="https://www.apple.com/newsroom/2024/05/the-redesigned-ipad-air-and-new-ipad-pro-are-available-today/">https://www.apple.com/newsroom/2024/05/the-redesigned-ipad-air-and-new-ipad-pro-are-available-today/</a>

AAPL

Apple Announces The Redesigned iPad Air And New iPad Pro With Apple Silicon Are Available Beginning May 15

Roth MKM analyst Philip Shen reiterates NEXTracker (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) with a Buy and maintains $70 price target.

Reiteration

Roth MKM Reiterates Buy on NEXTracker, Maintains $70 Price Target

DLocal Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLO#NASDAQ">DLO</a>) shares are trading down Wednesday following weaker-than-expected <a href="https://www.benzinga.com/wiim/24/05/38838979/dlocal-shares-are-trading-lower-after-the-company-reported-weaker-than-expected-q1-earnings-and-said">earnings for the first quarter</a>.
What Happened: DLocal reported earnings on Tuesday after the market close. The company turned in GAAP EPS of 6 cents, missing analyst estimates for EPS of 12 cents.
In addition, DLocal reported sales of $184 million, missing analyst estimates of $189.98 million. Revenue was up 34% on a year-over-year basis, but fell 2% quarter-over-quarter. 
The company reported $5.3 billion in total payment volume, up 49% year-over-year. DLocal also reported adjusted EBITDA of $37 million, down 19% year-over-year.
Related Link: <a href="https://www.benzinga.com/news/24/05/38837718/dlocal-allogene-therapeutics-and-other-big-stocks-moving-lower-in-wednesdays-pre-market-session">DLocal, Allogene Therapeutics And Other Big Stocks Moving Lower In Wednesday&#8217;s Pre-Market Session</a>
DLocal said it&#8217;s working on delivering on its 2024 guidance, but noted that there is now a &#8220;greater likelihood of coming in towards the lower end of the issued ranges.&#8221;
Following the company&#8217;s quarterly results, Goldman Sachs maintained DLocal with a <a href="https://www.benzinga.com/analyst-stock-ratings">Buy rating</a> and lowered the price target from $18 to $16. In addition, Susquehanna maintained a Positive rating on the stock with a price target of $21.
DLO Price Action: DLocal shares are down 24.2% at $10.30 at the time of writing Wednesday, according to <a href="https://www.benzinga.com/pro/">Benzinga Pro.</a>
Image: Stocks Photo by WHYFRAME on Shutterstock

Why DLocal Stock Is Plunging Wednesday

Jlade Shares Halted On Circuit Breaker To The Downside

Roth MKM analyst Mike Niehuser maintains Lifezone Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZM#NYSE">LZM</a>) with a Buy and maintains $14 price target.

Roth MKM Maintains Buy on Lifezone Metals, Maintains $14 Price Target

Jefferies analyst Trevor Williams initiates coverage on Lightspeed Commerce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LSPD#NYSE">LSPD</a>) with a Hold rating and announces Price Target of $14.

Initiation

LSPD

Jefferies Initiates Coverage On Lightspeed Commerce with Hold Rating, Announces Price Target of $14

Blue Star Foods Corp., ("Blue Star," the "Company," "we," "our" or "us") (NASDAQ: <a href="https://www.globenewswire.com/Tracker?data=_oy-muXakT7eKD-BqVUquSoLAgOtx9NXouq5Tl8mQ5w9V56SjITG3JH_Fl443VXTuKigErZtyLJPB6q1wbodpVVn5XEjkM_A21thznPqrT1K2D-sGmj2mFIfti_gbe2S">BSFC</a>), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that it will effect a 1-for-50 reverse stock split ("Reverse Stock Split") of its authorized and issued and outstanding shares of Class A common stock, par value $0.0001 per share ("Common Stock"). The Reverse Stock Split will become effective at 12:01am, Eastern Time, on May 20, 2024. At such time, each 50 shares of issued and outstanding Common Stock will automatically be reclassified into one new share of Common Stock. The total number of shares of Common Stock authorized for issuance will remain at 100,000,000 shares. Proportional adjustments will be made to outstanding equity awards, warrants and convertible notes, and to the number of shares issued and issuable under the Company's stock incentive plans and certain existing agreements. No fractional shares will be issued in connection with the Reverse Stock Split. All fractional shares will be rounded up. The Reverse Stock Split will affect all common stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity. &nbsp;
Blue Star's Common Stock will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the existing symbol "BSFC" and will begin trading on a split-adjusted basis when the market opens on May 20, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 09606H309.

Stock Split

BSFC

Blue Star Foods To Effect A 1-For-50 Reverse Stock Split, Will Begin Trading On A Split-adjusted Basis When The Market Opens On May 20, 2024

Tradeweb Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $118.43, a high estimate of $130.00, and a low estimate of $105.00. Marking an increase of 3.89%, the current average surpasses the previous average price target of $114.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1715788899_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Tradeweb Markets among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alex Kramm</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$130.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Jeremy Campbell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$122.00</td>
<td>$118.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$111.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$105.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$125.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Kenneth Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$116.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$120.00</td>
<td>$115.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Tradeweb Markets. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Tradeweb Markets compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Tradeweb Markets's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Tradeweb Markets's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tradeweb Markets analyst ratings.</a>
<h2>All You Need to Know About Tradeweb Markets</h2>
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
<h3>Breaking Down Tradeweb Markets's Financial Performance</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Tradeweb Markets displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 24.14%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 30.84%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Tradeweb Markets's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.32%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Tradeweb Markets's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.74%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.0.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 7 Analysts Discuss Tradeweb Markets Stock

In the latest quarter, 14 analysts provided ratings for Cheesecake Factory (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAKE#NASDAQ">CAKE</a>), showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Cheesecake Factory, presenting an average target of $40.36, a high estimate of $50.00, and a low estimate of $32.00. This current average reflects an increase of 12.11% from the previous average price target of $36.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1715788892_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of Cheesecake Factory among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jim Salera</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Jon Tower</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$47.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Brian Vaccaro</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Outperform</td>
<td>$42.00</td>
<td>-</td>
</tr>
<tr>
<td>Lauren Silberman</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$38.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Zachary Fadem</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$36.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$32.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>David Tarantino</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$37.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Jim Salera</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$44.00</td>
<td>-</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Jim Salera</td>
<td>Stephens &amp; Co.</td>
<td>Announces</td>
<td>Overweight</td>
<td>$44.00</td>
<td>-</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$40.00</td>
<td>-</td>
</tr>
<tr>
<td>Nicole Miller Regan</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$37.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$33.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$40.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Cheesecake Factory. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cheesecake Factory compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
For valuable insights into Cheesecake Factory's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CAKE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cheesecake Factory analyst ratings.</a>
<h2>Unveiling the Story Behind Cheesecake Factory</h2>
Cheesecake Factory Inc owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.
<h3>Cheesecake Factory: Financial Performance Dissected</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Positive Revenue Trend: Examining Cheesecake Factory's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.9% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Cheesecake Factory's net margin excels beyond industry benchmarks, reaching 3.72%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Cheesecake Factory's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 10.2% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Cheesecake Factory's ROA stands out, surpassing industry averages. With an impressive ROA of 1.17%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 5.6, Cheesecake Factory faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Basics of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CAKE

The Latest Analyst Ratings For Cheesecake Factory

Across the recent three months, 6 analysts have shared their insights on Infinera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INFN#NASDAQ">INFN</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Infinera and provided 12-month price targets. The average target is $7.5, accompanied by a high estimate of $10.00 and a low estimate of $4.50. This current average reflects an increase of 21.56% from the previous average price target of $6.17. 
<img src="https://www.benzinga.com/files/images/story/2024/1715788873_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of Infinera by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dave Kang</td>
<td>B. Riley Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$9.00</td>
<td>-</td>
</tr>
<tr>
<td>Ruben Roy</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.00</td>
<td>-</td>
</tr>
<tr>
<td>Ruben Roy</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>George Notter</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$4.50</td>
<td>$4.00</td>
</tr>
<tr>
<td>Dave Kang</td>
<td>B. Riley Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.50</td>
<td>$7.50</td>
</tr>
<tr>
<td>Alex Henderson</td>
<td>Needham</td>
<td>Maintains</td>
<td>Strong Buy</td>
<td>$10.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Infinera. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Infinera compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Infinera's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Infinera's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/INFN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Infinera analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering Infinera: A Closer Look</h2>
Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.
<h3>A Deep Dive into Infinera's Financials</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Infinera's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 15.57% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Infinera's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 2.84%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Infinera's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 6.47%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Infinera's ROA excels beyond industry benchmarks, reaching 0.79%. This signifies efficient management of assets and strong financial health.
Debt Management: Infinera's debt-to-equity ratio is notably higher than the industry average. With a ratio of 3.38, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

INFN

In-Depth Examination Of 6 Analyst Recommendations For Infinera

Roth MKM analyst Rohit Kulkarni reiterates Upwork (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) with a Buy and maintains $19 price target.