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LUV

Southwest Airlines (NYSE:LUV) has received mixed analyst ratings over the past three months, with a total of 12 analysts offering evaluations. The ratings range from bullish to indifferent, with no bearish sentiments. The average 12-month price target for LUV is $31.75, marking a 6.9% increase from the previous target of $29.70. Analyst actions include both downgrades and upgrades, with price targets adjusted accordingly. Southwest Airlines is highlighted for its strong market position, significant revenue growth, and solid financial health indicators such as net margin, ROE, ROA, and a balanced debt approach.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 7:00 pm

GIS

General Mills (NYSE:GIS) has seen a 12.7% increase in short interest since its last report, with 15.52 million shares sold short, representing 2.75% of its float. This indicates a bearish sentiment among investors, though it's below the peer group average of 4.10% short interest. The article suggests monitoring short interest as it can reflect market sentiment towards a stock.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 7:00 pm

RNDRUSD

Cryptocurrency Render (RNDR) experienced a 4.29% decrease in price over the last 24 hours, now at $8.23, despite a weekly uptrend of 3.0%. Trading volume fell by 47.0%, while circulating supply increased by 0.67% to 386.97 million, 72.73% of its max supply. RNDR's market cap ranks #36 at $3.18 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 7:00 pm

BUD

SAM

TAP

TLRY

Boston Beer Co (NYSE:SAM) reported Q1 financial results surpassing analyst expectations with net revenue of $426.1 million, a 3.1% increase over estimates, and EPS of $1.04, significantly above the 9 cents estimate. The company's success is partly attributed to a backlash against Anheuser-Busch Inbev (NYSE:BUD) by conservative beer drinkers. Despite concerns of THC cannibalizing alcohol sales, both Boston Beer and Tilray Brands Inc. (NASDAQ:TLRY) have seen growth in their alcohol segments, with Tilray's alcohol revenue jumping 117% to $47 million. Boston Beer continues to explore the cannabis beverage market with products like Teapot, Canada's premier cannabis tea brand, while other beer giants like Molson Coors Beverages Co. (NYSE:TAP) have exited cannabis ventures.

Portfolio Pulse from Anthony Noto

April 26, 2024 | 6:58 pm

RIVN

Rivian announced plans to open its fast-charging network to all electric vehicles by late 2024, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:57 pm

PARA

PARAA

Matrix Asset Advisors express that the majority of Paramount shareholders oppose the Paramount/Skydance deal, believing it does not serve their interests, according to CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:55 pm

BDRX

ICLK

MSFT

NUWE

SAIA

SNAP

ULH

U.S. stocks saw gains with the Dow Jones rising over 200 points, led by Microsoft's positive earnings report. Microsoft's shares increased by more than 2% after reporting a 17% year-over-year revenue increase to $61.9 billion, surpassing estimates. Other notable movements included Biodexa Pharmaceuticals surging 78% due to an exclusive license agreement, Snap Inc. rising 26% on strong financial results, and Universal Logistics Holdings gaining 37% after exceeding quarterly expectations. Conversely, iClick Interactive, Nuwellis, and Saia saw significant drops due to various negative announcements.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 6:50 pm

LBRDA

Liberty Broadband's (NYSE:LBRDA) short interest has decreased by 7.22%, now representing 0.9% of its float with 148 thousand shares sold short. This decline in short interest, taking 1.43 days on average to cover, may indicate a more bullish sentiment towards LBRDA compared to its peers, where the average short interest is 10.65%.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 6:45 pm

SEDG

SolarEdge Technologies (NYSE:SEDG) has seen a 14.92% increase in short interest since its last report, with 8.91 million shares sold short, representing 15.71% of its float. This indicates a bearish market sentiment, although it's higher than the peer group average of 6.52%. The article suggests that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 6:45 pm

GPK

Graphic Packaging Holding (NYSE:GPK) has seen a 17.51% increase in short interest since its last report, with 12.96 million shares sold short, representing 5.37% of its float. This indicates a bearish market sentiment, although it's higher than the peer group average of 2.99%. The coverage time for these short positions is approximately 4.62 days based on current trading volumes.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 6:45 pm