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HLN

Haleon (NYSE:HLN) has seen a decrease in short interest, with the short percent of float dropping by 4.35% since the last report. The company has 20.33 million shares sold short, which is 0.44% of all shares available for trading. The current short interest represents a 3.96-day average volume to cover. This decline in short interest may indicate a more bullish sentiment among investors compared to the peer group average short interest of 7.57%.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:45 pm

INFY

Infosys (NYSE:INFY) has seen a 14.43% decrease in short interest since its last report, with 34.44 million shares sold short, representing 0.83% of available shares. The average time to cover these short positions is 5.57 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Infosys has a lower short interest compared to its peer group average of 2.33%.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:45 pm

ING

ING Groep's (NYSE:ING) short interest has increased by 22.22% since the last report, with 3.96 million shares sold short, representing 0.11% of available shares. It would take about 1 day to cover all short positions. The rise in short interest can indicate bearish market sentiment, but ING has less short interest compared to its peers, with an average of 0.88% in the peer group. This change in short interest does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:45 pm

MRNA

JP Morgan analyst Jessica Fye has maintained a Neutral rating on Moderna (NASDAQ:MRNA) but has reduced the price target from $93 to $90.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:41 pm

KR

JP Morgan analyst Ken Goldman has maintained an Overweight rating on Kroger (NYSE:KR) but has reduced the price target from $54 to $53.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:38 pm

DELL

GLD

MRVL

PFE

SOFI

TSLA

U.S. stocks, gold, and bonds rallied while the dollar tumbled as traders anticipate Federal Reserve rate cuts in 2024. The S&P 500, Dow Jones, and Nasdaq indices marked their fifth consecutive week of gains. The ISM manufacturing activity indicated a slowdown, leading to a drop in Treasury yields. The SPDR Gold Trust (GLD) surged as gold prices neared all-time highs. Sector ETFs, especially real estate and materials, saw gains, while technology lagged. Stocks like Dell (DELL) and Marvell Technology (MRVL) fell post-earnings, while Pfizer (PFE) dropped due to halted drug trials. SoFi Technologies (SOFI) rallied after Cathie Wood's investment. Tesla (TSLA) saw a decline after the Cybertruck event. Oil tracked by USO fell slightly, and European markets ended positively. Cryptocurrencies Bitcoin and Ethereum rose.

Portfolio Pulse from Piero Cingari

December 01, 2023 | 7:36 pm

CBSTF

Cannabist Company Holdings Inc. (OTCQX:CBSTF) has announced a partnership with Old Pal to expand cannabis product availability in the U.S., starting with Maryland and Virginia. The collaboration includes Old Pal's 14g Ready to Roll kit and other products like 1g vapes and Palitos pre-roll packs. The partnership aims to enhance consumer experience and market reach. CBSTF's shares were up 1.82% at $0.342 per share at the time of reporting.

Portfolio Pulse from Patricio Liddle

December 01, 2023 | 7:35 pm

HOOD

JMP Securities analyst Devin Ryan has reiterated a 'Market Outperform' rating on Robinhood Markets (NASDAQ:HOOD) and maintained a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:34 pm

ADSK

Autodesk Inc. (NASDAQ:ADSK) stock has risen by 2.51% in the current session to $223.91, with a monthly increase of 9.77% and an annual increase of 12.87%. The company's P/E ratio is lower than the Software industry average, suggesting potential undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:30 pm

ULTA

JP Morgan analyst Christopher Horvers has maintained an Overweight rating on Ulta Beauty (NASDAQ: ULTA) and increased the price target from $505 to $535. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:30 pm