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LYFT

Lyft (NYSE:LYFT) has seen a decrease in short interest, with the short percent of float falling 5.94% since the last report. The company has 48.90 million shares sold short, which is 14.89% of available shares for trading. The average time to cover these short positions is 3.79 days. A decrease in short interest may indicate a more bullish sentiment among investors. Lyft's short interest is higher than its peer group average of 9.05%. Short interest levels can serve as a market sentiment indicator.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

MDT

Medtronic (NYSE:MDT) has seen a 28.36% increase in short interest since its last report, with 11.39 million shares sold short, representing 0.86% of available shares. The short interest is below the peer group average of 3.55%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

PCH

Analysts have maintained a neutral stance on PotlatchDeltic (NASDAQ:PCH) with three indifferent ratings over the past quarter. The average 12-month price target is $49.00, down from $50.00, with a high estimate of $51.00 and a low of $48.00. PotlatchDeltic, a REIT managing forestland and producing wood products, faces revenue challenges with a -13.43% decline and has below-average profitability indicators such as ROE and ROA. However, its lower debt-to-equity ratio is a positive sign.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:00 pm

HII

Huntington Ingalls Industries has expanded its share repurchase program by $600 million, bringing the total authorization to $3.8 billion. The company has also extended the duration of the program from October 31, 2024, to December 31, 2028.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:31 pm

BSGM

BioSig Technologies, Inc. has announced a 1-for-10 reverse stock split. This corporate action is typically used by companies to boost the share price by reducing the number of shares outstanding, which may help the company meet minimum bid price requirements for stock exchanges.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:16 pm

SINT

SiNtx Technologies, Inc. (NASDAQ:SINT) experienced volatility after announcing a cooperative research and development agreement with the U.S. Army and a $4 million stock offering. The agreement focuses on ceramic additive manufacturing and ceramic matrix composites. The stock offering is priced at 25 cents per share for 16 million units, with expected gross proceeds of $4 million, closing on Feb. 2. SINT shares dropped 19.9% to around 19 cents.

Portfolio Pulse from Erica Kollmann

January 31, 2024 | 4:03 pm

OSK

Oshkosh (NYSE:OSK) has been evaluated by 4 analysts over the last three months, with mixed opinions ranging from bullish to indifferent. The average 12-month price target for OSK is now $116.5, up 1.6% from the previous $114.67. Analysts from Wells Fargo, Morgan Stanley, Stifel, and Evercore ISI Group have provided recent updates, with price target adjustments reflecting a positive outlook. Oshkosh, a leading manufacturer of access equipment, specialty vehicles, and military trucks, has shown strong revenue growth and net margin but below-average ROE. The company's debt-to-equity ratio is healthy at 0.31.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 4:00 pm

SYK

Stryker (NYSE:SYK) has received mixed analyst ratings over the last three months, with a recent positive shift in the 12-month price target to an average of $331.38, up 9.85% from the previous target. Analysts from firms like Canaccord Genuity, Wells Fargo, and RBC Capital have raised their price targets, reflecting a response to market dynamics and company performance. Stryker is a major player in medical equipment and has shown strong revenue growth and net margin, but its ROE is below industry standards. The company's financial health is solid, with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 4:00 pm

NCLH

Norwegian Cruise Line (NYSE:NCLH) has been reviewed by 4 analysts in the past three months, with a mix of ratings from bullish to indifferent. The average 12-month price target is $21.75, a slight increase from the previous $21.00. Analysts from Susquehanna, Wells Fargo, Tigress Financial, and Truist Securities have provided updates, with price targets ranging from $17.00 to $32.00. Norwegian Cruise Line, the third-largest cruise company, has shown a revenue growth of 56.98% and an exceptional ROE of 152.4%, but faces challenges with a low net margin of 13.64% and a high debt-to-equity ratio of 31.63.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 4:00 pm

COIN

Benzinga's options scanner revealed unusual options activity for Coinbase Global (NASDAQ:COIN), with a mix of bearish and bullish sentiment among big-money investors. Nine notable options trades were detected, with 2 puts totaling $166,341 and 7 calls totaling $289,672. The price target range based on volume and open interest is between $70 and $160. COIN's current market status shows a slight price decline with neutral RSI, and earnings are expected in 15 days. Analysts have mixed opinions, with price targets ranging from $60 to $180.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:45 pm