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MRNS

Over the past 3 months, 5 Wall Street analysts have provided ratings for Marinus Pharma (NASDAQ:MRNS), with 3 being bullish and 2 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for MRNS is $25.6, with a high of $28.00 and a low of $21.00. This target has decreased by 1.54% from the previous target of $26.00. Analyst ratings are important as they provide investors with specialized advice on stock performance, though they may be subject to error.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

V

Visa (NYSE:V) has significantly outperformed the market with an average annual return of 21.68% over the past 15 years. A $1000 investment in Visa stock 15 years ago would be worth $18,858.96 today. Visa's current market capitalization stands at $518.22 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 6:00 pm

ERIC

NOK

T

Nokia Corp (NYSE:NOK) stock is trading lower due to rival Ericsson (NASDAQ:ERIC) securing a major deal with AT&T Inc (NYSE:T) for Open RAN deployment. Ericsson's five-year deal involves manufacturing 5G equipment in Texas for AT&T's network, which aims to cover 70% of its U.S. wireless traffic with ORAN technology by late 2026. Nokia's Q3 FY23 results showed a 20% sales decline and an EPS below consensus, contributing to a 36% YTD stock value loss. NOK shares fell 4.43% to $3.02.

Portfolio Pulse from Anusuya Lahiri

December 05, 2023 | 6:00 pm

LULU

Raymond James analyst Rick Patel downgraded Lululemon Athletica Inc (NASDAQ:LULU) from Strong Buy to Outperform while raising the price target from $440 to $495 ahead of the company's Q3 earnings call. Despite anticipating a revenue beat, Patel suggests the stock's recent rally already reflects this potential upside. He expects 17% revenue growth but predicts operating margins to be lower year-over-year due to higher investment spending. Lululemon has a history of beating revenue and EPS estimates in previous quarters. Patel models slower growth for the fourth quarter and notes increased competitor promotions.

Portfolio Pulse from Priya Nigam

December 05, 2023 | 5:52 pm

HEPS

D-MARKET Electronic Services & Trading, operating as Hepsiburada, saw its shares increase following the announcement of its third-quarter financial results.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 5:50 pm

FIVN

Traders are circulating an unconfirmed Seeking Alpha post indicating that Zoom Video Communications is not interested in acquiring Five9. The post suggests that Zoom expressed this sentiment during a bus tour on Tuesday, stating a preference to build independently rather than pursue an acquisition of Five9.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 5:49 pm

XPO

XPO Logistics shares are trading higher following the release of positive preliminary operating metrics for its Less-Than-Truckload (LTL) segment for November 2023.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 5:47 pm

FLOT

The U.S. repo market is experiencing stress with surging short-term interest rates, reminiscent of the 2019 funding crisis. Repo rates have spiked, with overnight general collateral repo yields exceeding 5.5%. The iShares $ Floating Rate Bond UCITS ETF (FLOT) saw a slight increase in early trade on Tuesday. Analysts are drawing parallels to the 2019 crisis, but banks are considered better prepared now, having passed Fed stress tests with substantial reserves.

Portfolio Pulse from Neil Dennis

December 05, 2023 | 5:47 pm

TRV

Travelers Companies (NYSE:TRV) has seen a 6.5% increase in short interest since its last report, with 2.98 million shares sold short, representing 1.31% of its float. It would take about 2.37 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, TRV has less short interest compared to its peer group average of 1.76%. Short interest can also be a bullish indicator, as explained in a Benzinga Money post.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:45 pm

VLO

Valero Energy (NYSE:VLO) has seen a decrease in short interest, with the short percent of float falling 4.91% since the last report. The company has 10.94 million shares sold short, representing 3.68% of available shares for trading. The current short interest is below the peer group average of 8.28%. A decrease in short interest can indicate a more bullish sentiment towards the stock, but it does not necessarily predict a near-term price rise.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 5:45 pm