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ED

In the past three months, 6 analysts have updated their ratings on Consolidated Edison (NYSE:ED), showing a shift towards a more cautious stance with 4 indifferent and 2 somewhat bearish ratings. The average 12-month price target for ED has been adjusted to $87.58, reflecting a slight increase from the previous target. Analysts from firms including UBS, RBC Capital, Barclays, Ladenburg Thalmann, JP Morgan, and Morgan Stanley have made adjustments to their price targets and ratings, indicating a nuanced view on the company's future performance. Consolidated Edison has seen a revenue decline of -7.03% over the last quarter but maintains strong profitability indicators such as a net margin of 13.58% and above-average ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 8:00 pm

FND

Floor & Decor Holdings (NYSE:FND) has seen a 5.03% increase in its short percent of float since the last report, reaching 20.88% of all shares available for trading. With 16.65 million shares sold short, it would take approximately 12.41 days for traders to cover their short positions. This rise in short interest indicates a more bearish market sentiment towards FND, although it doesn't necessarily predict a near-term price fall. Compared to its peers, FND has a significantly higher short interest, with the peer group average at 2.10%.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 8:00 pm

HUM

Humana's (NYSE:HUM) short interest has increased by 7.56% since the last report, with 2.26 million shares sold short, representing 1.85% of its float. This indicates a bearish sentiment among investors, although it's below the peer group average of 3.62%. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 8:00 pm

UNM

Unum Gr's (NYSE:UNM) short interest has decreased by 14.49% since the last report, with 2.97 million shares sold short, representing 1.77% of its float. It would take about 1.84 days to cover all short positions. This decrease in short interest could indicate a more bullish sentiment towards UNM compared to its peers, where the average short interest as a percentage of float is 2.05%.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 8:00 pm

IOVA

Trading for IOVA was halted at 2:56:26 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:56 pm

MA

Mastercard Incorporated (NYSE:MA) reported a 13% increase in Q4 2023 revenue to $6.5 billion, with net income rising 11% to $2.8 billion. Despite revenue growth, operating margin decreased to 51.5%. The company also repurchased 23.8 million shares for $9.0 billion, indicating confidence in its financial health.

Portfolio Pulse from Tornado

February 16, 2024 | 7:46 pm

TMUS

Deep-pocketed investors have shown a bearish sentiment towards T-Mobile US (NASDAQ:TMUS), with options trading data revealing 80% bearish and 20% bullish positions. The trading activity suggests a price target range of $160.0 to $220.0. Currently, TMUS's stock is slightly down by -0.15%, trading at $161.33, with an average analyst price target of $190.2. The company, a major player in the U.S. wireless market, has seen significant options activity, indicating potential market movements.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 7:46 pm

SEIUSD

Sei (CRYPTO: SEI) experienced a significant surge, gaining 11,620% since its inception in August 2023, and recently crossing the $1 mark after a 36.2% increase over the past week. This growth follows the announcement of a V2 testnet upgrade and positive on-chain metrics. Analysts, including Trader Fred and Top Gainer Today, have set a new target of $2 for SEI. The blockchain also launched a second iteration of its Devnet, compatible with the Ethereum Virtual Machine, and reported 10.4 million weekly transactions and 8,000 new users.

Portfolio Pulse from Khyathi Dalal

February 16, 2024 | 7:42 pm

TELL

Tellurian Inc.'s stock price increased following the Federal Energy Regulatory Commission's (FERC) decision to extend the order authorizing the construction of its Driftwood LNG facility.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:38 pm

SABR

Sabre Corporation's shares are trading lower following the announcement of mixed Q4 results on Thursday.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:33 pm