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STAG

Stag Industrial (NYSE:STAG) has seen a 19.33% increase in short interest since its last report, with 5.81 million shares sold short, representing 4.26% of available shares. It would take about 5.11 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Stag Industrial has a higher short interest than its peer group average of 3.86%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 4:30 pm

JVSAU

Trading for the IPO security JVSAU has resumed after a temporary halt. The halt status was updated at 11:25:00 AM ET, indicating that the security is now released for quotation.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:25 pm

WNS

WNS Holdings Limited (WNS) stock is trading higher following an analyst update from Needham, where they maintained a Buy rating and increased the price target from $80 to $85.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:23 pm

TRV

The Travelers Companies (NYSE:TRV) reported record Q4 earnings, surpassing expectations with a 6% stock increase. Higher underwriting gains, lower catastrophe losses, and increased net investment income contributed to the strong performance. Net written premiums rose 13% to $9.99 billion, and total revenues increased to $10.9 billion. Net income per share increased to $6.99, and core income per share more than doubled to $7.01, both setting records. The underlying combined ratio improved to 85.9%, indicating higher profitability.

Portfolio Pulse from Vandana Singh

January 19, 2024 | 4:19 pm

MTB

Piper Sandler analyst Frank Schiraldi has maintained an Overweight rating on M&T Bank (NYSE:MTB) but has reduced the price target from $156 to $152.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:17 pm

AMD

Shares of Advanced Micro Devices (AMD) are trading higher following an analyst update from Raymond James, which maintained a Strong Buy rating and increased the price target for AMD from $140 to $190.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:17 pm

HTZ

Hertz Global Holdings' stock (HTZ) trades lower following a downgrade by Jefferies from Buy to Hold and a reduction in price target from $12 to $8.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:16 pm

TXN

Texas Instruments (TXN) shares have risen following an upgrade by UBS from Neutral to Buy, with a price target increase from $170 to $195.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:11 pm

HOMB

Piper Sandler analyst Stephen Scouten has maintained an Overweight rating on Home BancShares (NYSE:HOMB) and increased the price target from $26 to $27. This adjustment reflects a positive outlook on the company's stock, suggesting potential for growth above the market average.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 4:11 pm

RF

Regions Financial Corp (NYSE:RF) exceeded Q4 FY23 revenue and EPS estimates with $1.812 billion and $0.52 respectively, despite a Y/Y decline. Net interest income fell due to rising costs and active hedges. Credit loss provisions increased, but total loans grew. The company repurchased shares, paid dividends, and maintains a strong liquidity position. CEO John Turner highlighted effective hedging strategies and the company's adaptability amidst economic and regulatory challenges. RF shares rose 2.14% to $18.34.

Portfolio Pulse from Lekha Gupta

January 19, 2024 | 4:10 pm