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CCL

Melius Research analyst Conor Cunningham upgraded Carnival Corporation (NYSE:CCL) from Hold to Buy and set a price target of $19.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 1:06 pm

KNDI

Kandi Technologies Group, Inc. (KNDI) has announced a stock repurchase program to buy back up to $30 million of its common stock by the end of 2024. The buybacks will be reported in quarterly and annual reports. The company believes its stock is undervalued and the buyback reflects confidence in its liquidity and business potential, aiming to maximize shareholder value. The repurchases will be made in compliance with SEC rules and will depend on market conditions.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 1:04 pm

ASST

Asset Entities Inc. (NASDAQ:ASST) has announced a stock repurchase program to buy back up to 1.25 million shares of its Class B Common Stock. The program, approved by the Board of Directors, will be funded by existing cash balances and may include open market repurchases, private transactions, or other methods. The program is set to expire on November 21, 2024, but can be modified or discontinued at any time. CEO Arshia Sarkhani believes this reflects a commitment to maximizing shareholder value and expresses confidence in the company's future growth.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 1:04 pm

FATH

Fathom Digital Manufacturing Corp. (FATH) has received a non-binding acquisition proposal from CORE Industrial Partners to purchase all outstanding shares of Class A and B common stock not already owned by CORE for $4.50 per share. CORE Funds currently owns approximately 63% of FATH's voting power. FATH's Special Committee is reviewing the proposal, with no decisions made or timeline set. There is no certainty that a definitive agreement will be reached or that a transaction will occur.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 1:03 pm

SPY

USA Building Permits for the month showed an increase of 1.8%, surpassing the estimated 1.1%. This is a significant improvement from the previous month's decline of 4.5%.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 1:01 pm

MLTX

Over the past 3 months, 18 Wall Street analysts have provided ratings for MoonLake (NASDAQ:MLTX), with 7 bullish, 10 somewhat bullish, and 1 indifferent. The average 12-month price target for MLTX is $76.83, with a high of $92.00 and a low of $59.00. This target has increased by 16.99% over the past month. Analyst ratings are important as they provide investors with insights into a stock's potential performance based on financial analysis and insider information.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:00 pm

MU

Micron Technology (NASDAQ:MU) has received 14 analyst ratings in the last quarter, with an average price target of $80.39, representing an upside from its current price of $76.75. The average price target has increased by 17.12% from the previous target of $68.64. The ratings include 7 bullish, 3 somewhat bullish, 1 indifferent, and 3 somewhat bearish, with no bearish ratings.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:00 pm

CNI

Over the past 3 months, 12 Wall Street analysts have provided ratings for Canadian National Railway (NYSE:CNI), with an average price target of $133.42, representing an upside from the current price of $114.63. The consensus among these analysts is largely indifferent, with 11 neutral ratings and 1 somewhat bullish rating. The average price target has decreased by 2.44% from the previous target of $136.75.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:00 pm

UBS

UBS Group AG (NYSE:UBS) has experienced a decrease in short interest, with the short percent of float falling 4.35% since the last report. The current short interest is 12.43 million shares, or 0.44% of the float, with a short covering time of 4.68 days. This decline in short interest may indicate a more bullish sentiment among investors compared to the peer group average short interest of 2.40%. However, this does not necessarily predict a near-term rise in UBS's stock price.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:00 pm

BAC

Bank of America (NYSE:BAC) has seen an 11.96% increase in short interest since its last report, with 70.96 million shares sold short, representing 1.03% of available shares. The short interest is higher than the peer group average of 0.80%. While this indicates more bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:00 pm