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AR

Antero Resources (NYSE:AR) received mixed analyst ratings with 3 bullish, 1 somewhat bullish, and 2 indifferent. The average 12-month price target is $27.83, down 16.17% from the previous $33.20. Analysts from Raymond James, Benchmark, Mizuho, Wells Fargo, and Truist Securities have adjusted their ratings and price targets. Antero Resources is engaged in natural gas and liquids production, with a market cap below industry average, a -56.22% revenue decline as of September 30, 2023, low net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:00 pm

EVAX

MRK

Evaxion Biotech A/S (NASDAQ:EVAX) stock is trading higher due to the company's announcement of an expanded commitment to developing cancer vaccines targeting Endogenous Retroviruses (ERVs) using AI-Immunology. ERVs, which are overexpressed in cancer cells, present a new treatment opportunity that could extend to patients unresponsive to conventional immunotherapy. Evaxion is initiating preclinical activities aiming for Proof-of-Concept data by H2 2024. The stock's volume surged to 1.95 million compared to its 100-day average of 33.377K. In December, Evaxion closed a $5.3 million private placement with Merck & Co Inc's (NYSE:MRK) venture capital arm being a significant investor. Merck reported an 11.4% stake in Evaxion as of December 21, 2023. EVAX shares have risen 97% to $9.29.

Portfolio Pulse from Vandana Singh

January 24, 2024 | 7:08 pm

BUD

Anheuser-Busch InBev's (NYSE:BUD) short interest has increased by 25% since the last report, with 4.25 million shares sold short, representing 0.25% of available shares. It would take about 3.42 days to cover these short positions based on average trading volume. While an increase in short interest can indicate bearish sentiment, BUD's short interest is still below its peer group average of 4.64%. This data does not necessarily predict a price drop but suggests traders are shorting more shares.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:45 pm

AVXL

Anavex Life Sciences (NYSE:AVXL) has seen a 10.79% increase in short interest since the last report, with 20.07 million shares sold short, representing 25.26% of its float. It would take about 11.37 days to cover all short positions. While this rise in short interest could indicate bearish sentiment, it doesn't necessarily predict a price drop. Compared to its peers, Anavex has a higher short interest percentage, with the peer group average at 14.82%.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:45 pm

PTON

Peloton Interactive (NYSE:PTON) has seen an 8.76% increase in short interest since its last report, with 47.89 million shares sold short, representing 15.76% of its float. The current short interest suggests a bearish sentiment among investors, as it exceeds the peer group average of 8.13%. However, high short interest can sometimes be bullish, indicating a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:45 pm

MTC

MMTEC, Inc. (NYSE:MTC) has reported a 50% decrease in short interest since its last report, with 34 thousand shares sold short, representing 0.02% of its float. The average time to cover these short positions is 1.0 day. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise. MMTEC's short interest is significantly lower than its peer group average of 6.62%.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:30 pm

ARKK

ARKW

MMM

SPY

TXN

Cathie Wood, the investor behind ARK Invest, predicts that the Federal Reserve will cut interest rates to stop a 'rolling recession' and counter deflationary pressures. She believes that interest rates will drop sooner and more sharply than anticipated, which will support company valuations. Wood mentioned 3M Co and Texas Instruments as examples of companies facing macroeconomic challenges. Her ETFs, ARKK and ARKW, have outperformed the SPY over the past year.

Portfolio Pulse from Chris Katje

January 24, 2024 | 6:26 pm

ANF

Abercrombie & Fitch Inc. (NYSE:ANF) stock has seen a 1.34% increase in the current session, trading at $103.98. Over the past month, ANF's stock has risen by 14.15%, and it has surged by 274.71% over the past year. Investors are considering the price-to-earnings (P/E) ratio to determine if the stock is overvalued. ANF's P/E is lower than the Specialty Retail industry average, which could indicate that the stock is undervalued or that shareholders have lower growth expectations.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:15 pm

BB

EVAX

GETR

SPRC

BlackBerry Limited's stock (NYSE:BB) fell by over 17% after announcing a proposed private offering of $160 million in convertible senior notes. Other stocks experienced significant movement in Wednesday's mid-day session, with notable gainers including Getaround, Inc. (NYSE:GETR), Evaxion Biotech A/S (NASDAQ:EVAX), and SciSparc Ltd. (NASDAQ:SPRC), among others. Losers included Richtech Robotics Inc. (NASDAQ:RR), Rail Vision Ltd. (NASDAQ:RVSN), and Gamer Pakistan Inc. (NASDAQ:GPAK).

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 6:05 pm

DXC

DXC Technology (NYSE:DXC) has been evaluated by 4 analysts over the past three months, with a shift towards a more bearish stance. The average 12-month price target has been lowered by 12.38% to $23.00, with a high estimate of $24.00 and a low of $21.00. Analysts from JP Morgan, Citigroup, BMO Capital, and RBC Capital have all lowered their price targets. DXC Technology's financial performance shows a decline in revenue growth, below-average net margin and ROE, and a high debt-to-equity ratio, indicating potential financial challenges.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:00 pm