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TSLA

Tesla Inc (TSLA) is expanding its Supercharger network through partnerships with major gas station operators. After a $100 million deal with BP, Tesla has now partnered with EG Group to sell Supercharger hardware for deployment at EG's gas stations. This marks a strategic shift for Tesla, moving towards selling its charging technology to third parties. EG Group will integrate Tesla's chargers into its 'evpoint' brand across the UK and Europe, with the network open to all drivers and supporting the Plug and Charge protocol.

Portfolio Pulse from Benzinga EV Insights

November 13, 2023 | 4:29 pm

AEZS

HC Wainwright & Co. analyst Raghuram Selvaraju has maintained a Buy rating on AEterna Zentaris (NASDAQ:AEZS) but reduced the price target from $28 to $15.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:23 pm

F

Production workers at Ford Motor Co's (NYSE:F) assembly plants in Louisville and Kentucky have voted against a tentative labor deal, with 55% opposing it. In contrast, 69% of skilled trades workers supported the agreement. This split vote creates uncertainty for Ford's financial planning, especially after the company withdrew its full-year financial forecast last month due to concerns over the contract's ratification. Overall, 70.7% of Ford workers have voted in favor of the deal, but votes from key facilities like the Dearborn Truck plant in Michigan are still pending. Ford's stock (F) is currently trading down by 0.56% at $9.81.

Portfolio Pulse from Akanksha Bakshi

November 13, 2023 | 4:21 pm

ESPR

HC Wainwright & Co. analyst Joseph Pantginis has reiterated a Buy rating on Esperion Therapeutics (NASDAQ:ESPR) and maintained a $22 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:19 pm

OMGA

HC Wainwright & Co. analyst Robert Burns has reaffirmed a Buy rating on Omega Therapeutics (NASDAQ:OMGA) and increased the price target from $11 to $12.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:18 pm

WST

West Pharmaceutical Servs (NYSE:WST) has seen a 13.47% decrease in short interest, with 941 thousand shares sold short, representing 1.67% of available shares. The average time to cover these short positions is 1.9 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. WST has less short interest compared to its peer group average of 5.67%.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 4:15 pm

NTES

NetEase (NYSE:NTES) has seen a 12.77% increase in short interest since its last report, with 3.38 million shares sold short, representing 0.53% of its float. It would take about 3.47 days to cover these short positions based on average trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. NetEase's short interest is below its peer group average of 3.88%.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 4:15 pm

MRVL

Marvell Tech (NYSE:MRVL) has experienced an 18.99% increase in short interest since its last report, with 15.55 million shares sold short, representing 2.13% of its float. It would take about 1.8 days to cover all 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. Marvell Tech's short interest is below its peer group average of 3.62%.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 4:15 pm

TPR

JP Morgan analyst Matthew Boss has maintained an Overweight rating on Tapestry (NYSE:TPR) but reduced the price target from $56 to $41.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:05 pm

IWM

QQQ

SPY

Moody's has downgraded the US credit outlook from 'stable' to 'negative,' leading to a decline in major indexes.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:05 pm