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VALE

Vale's (NYSE:VALE) short interest has increased by 18.46% since the last report, with 66.88 million shares sold short, representing 1.54% of available shares. It would take about 2.54 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Vale has less short interest compared to its peers, with an average of 3.79% in the peer group. This information suggests investors should monitor the stock, but it does not necessarily predict a price drop.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

NSC

Over the past 20 years, Norfolk Southern (NYSE:NSC) has produced an average annual return of 14.25%, outperforming the market by 6.73% on an annualized basis. A $100 investment in NSC 20 years ago would be worth $1,455.92 today. Norfolk Southern currently has a market capitalization of $46.16 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

RCL

Royal Caribbean Gr (NYSE:RCL) has seen a 10.36% decrease in short interest, with 17.17 million shares sold short, representing 9.78% of its float. The short interest is higher than its peer group average of 6.63%. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

CTSH

Cognizant Tech Solns (NYSE:CTSH) has seen a 15.23% decrease in short interest since the last report, with 5.65 million shares sold short, representing 1.28% 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. CTSH has less short interest compared to its peer group average of 2.35%.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

FERG

Over the past 5 years, Ferguson (NYSE:FERG) has delivered an average annual return of 21.85%, outperforming the market by 10.62% on an annualized basis. A $1000 investment in FERG five years ago would be worth $2,624.26 today. Ferguson currently has a market cap of $33.50 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

TCBI

Texas Capital Bancshares (NASDAQ:TCBI) has received 5 analyst ratings in the last quarter, with 4 being bullish and 1 indifferent. The 12-month price targets for TCBI suggest an average target of $67.6, a decrease from the previous $70.80 target. Analysts use various data sources to provide these ratings, which are opinions and not guarantees of performance.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

TSHA

Cantor Fitzgerald analyst Kristen Kluska has maintained an Overweight rating on Taysha Gene Therapies (NASDAQ:TSHA) and increased the price target from $6 to $7.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:59 pm

SMTI

Cantor Fitzgerald analyst Ross Osborn has maintained an Overweight rating on Sanara MedTech (NASDAQ:SMTI) but reduced the price target from $59 to $49.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:56 pm

BMY

Cantor Fitzgerald analyst Olivia Brayer has downgraded Bristol-Myers Squibb (BMY) from Overweight to Neutral and reduced the price target from $68 to $55.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:51 pm

CHGG

Chegg Inc (NYSE:CHGG) announced a $150 million accelerated share repurchase agreement, which is part of its previously announced $2.2 billion buyback program. The company will initially receive approximately 13.5 million shares by Nov. 15, with final settlement expected by Q2 2024. Chegg's CEO expressed confidence in the company's position and commitment to enhancing shareholder value. Following the news, Chegg's stock price increased by 5.62%.

Portfolio Pulse from Adam Eckert

November 15, 2023 | 1:49 pm