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GLBZ

John D. Long, President and CEO of Glen Burnie Bancorp (NASDAQ:GLBZ), the parent company of The Bank of Glen Burnie, has announced his intention to retire by the end of 2023. He will work with the Board of Directors to ensure a smooth leadership transition and will remain at the bank during this period. The Board has begun an executive search for his successor.

Portfolio Pulse from Happy Mohamed

June 30, 2023 | 8:02 pm

TSLA

RBC Capital Markets analyst Tom Narayan predicts Tesla's Q2 deliveries to be below consensus estimates, at 438,000 units, a 72% YoY increase and a 4% sequential estimate. This is compared to the consensus estimate of 446,823 units. Despite this, Narayan maintains an Outperform rating and a $305 price target for Tesla stock, and believes the company is on track to achieve its 1.8 million-unit sales target for 2023.

Portfolio Pulse from Shanthi Rexaline

June 30, 2023 | 8:01 pm

AAPL

AMZN

MSFT

NVDA

SPY

TSLA

The S&P 500 closed the first half of 2023 up about 16%, led by Apple, Microsoft, Amazon, Nvidia, and Tesla. The SPDR S&P 500 ETF Trust (SPY) and the S&P 500 are showing signs of a potential retracement due to a triple top pattern. A pullback is expected in the short term, especially with the Federal Reserve's decision on interest rates in late July. However, the bullish cycle could continue till the end of the year. Traders can use MIAX’s SPIKES Volatility products to play the potential volatility.

Portfolio Pulse from Melanie Schaffer

June 30, 2023 | 8:01 pm

SOFI

SoFi Techs (NASDAQ:SOFI) has received a mix of analyst ratings over the last quarter, with 4 bullish, 3 somewhat bullish, 5 indifferent, 3 somewhat bearish, and 1 bearish. The average price target among these 16 analysts is $7.16, which is below the current price of $8.405, implying a potential downside. However, this average price target has increased by 6.87% over the past month.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:01 pm

NBIX

Neurocrine Biosciences (NASDAQ:NBIX) has received various analyst ratings in the last quarter, with 6 bullish, 3 somewhat bullish, and 7 indifferent. Over the past 3 months, 16 analysts have offered 12-month price targets for the company, with an average price target of $121.62, a 1.98% decrease from the previous average price target of $124.08.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:01 pm

SBUX

Starbucks's (NASDAQ:SBUX) short percent of float has risen 8.8% since its last report, with 15.27 million shares sold short, which is 1.36% of all regular shares available for trading. It would take traders 2.4 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 9.55% for its peer group.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:01 pm

ROST

Ross Stores's (NASDAQ:ROST) short percent of float has fallen 53.96% since its last report, with 2.68 million shares sold short, which is 0.93% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Ross Stores's short interest as a percentage of float is lower than its peer group average of 17.21%.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:00 pm

PTCT

15 analysts have provided ratings for PTC Therapeutics (NASDAQ:PTCT) in the last quarter. The ratings include 4 bullish, 3 somewhat bullish, 5 indifferent, 2 somewhat bearish, and 1 bearish. The average price target is $55.2, compared to the current price of $40.735, implying an upside. The average price target has increased by 0.36% over the past month.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:00 pm

QCOM

Qualcomm's (NASDAQ:QCOM) short percent of float has risen 31.03% since its last report, with 12.65 million shares sold short, which is 1.14% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Qualcomm has less short interest as a percentage of float, which is 4.80% on average.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:00 pm

IIPR

Over the past 3 months, 5 analysts have published their opinion on Innovative Ind Props (NYSE:IIPR) stock. The average price target for the stock is $87.4, a decrease of 25.14% from the previous average price target of $116.75.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 8:00 pm