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AEP

American Electric Power's (NYSE:AEP) short percent of float has risen 49.41% since its last report, with 6.55 million shares sold short, which is 1.27% 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, AEP has less short interest as a percentage of float, which is 2.20% on average.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 6:45 pm

BCS

Barclays's (NYSE:BCS) short percent of float has fallen 16.67% since its last report, with 3.52 million shares sold short, which is 0.1% of all regular shares available for trading. This decrease in short interest can signal that investors have become more bullish. Compared to its peers, Barclays has less short interest as a percentage of float, with an average of 0.82%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 6:45 pm

SPY

Federal Reserve's Logan has stated that there is a need to be sensitive to the impact of energy price shocks on inflation expectations. He emphasized that energy price shocks are an important risk that needs focus.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 6:42 pm

PRGO

Perrigo Company PLC reported Q3 sales of $1.12 billion, up 2.2% Y/Y, missing the consensus of $1.20 billion. The company reported adjusted EPS of $0.64, beating the consensus of $0.61. However, the company lowered its guidance for net sales growth and revised its FY23 adjusted EPS outlook downwards. Despite this, Perrigo shares are up 5.06% at $29.91 on the last check Tuesday.

Portfolio Pulse from Vandana Singh

November 07, 2023 | 6:41 pm

SPY

Federal Reserve official Lorie Logan stated that the Fed can typically look through energy price shocks when assessing the inflation outlook. This suggests that temporary fluctuations in energy prices may not significantly impact the Fed's monetary policy decisions.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 6:41 pm

UNIT

B of A Securities analyst David Barden has downgraded Uniti Group (NASDAQ:UNIT) from Neutral to Underperform and lowered the price target from $5 to $3.5.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 6:40 pm

SPY

Federal Reserve's Logan stated that the economic costs of Middle East tensions have been very limited so far, but he remains sensitive to the risks.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 6:39 pm

PBR

A significant move by an investor in Petrobras Brasileiro (NYSE:PBR) has been observed, with a bullish approach being adopted. The investor's identity is unknown, but such a move usually suggests insider knowledge. The general mood among heavyweight investors is divided, with 80% leaning bullish and 20% bearish. The major market movers are focusing on a price band between $12.0 and $15.5 for Petrobras Brasileiro. The stock is currently trading at $15.66.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 6:38 pm

MCD

A significant bullish stance has been taken on McDonald's (NYSE:MCD) by a large investor or institution, as indicated by a large position in the company's options. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The options trades include 2 puts totaling $162,725 and 14 calls totaling $870,515. The targeted price range for McDonald's over the last 3 months is from $145.0 to $275.0. Analysts have mixed views on McDonald's, with some lowering their ratings and others maintaining an Outperform rating.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 6:37 pm

CVCO

Wedbush analyst Jay McCanless has reiterated an Outperform rating on Cavco Industries, Inc. (NASDAQ:CVCO) but lowered the price target from $390 to $380. This follows a 21.7% decline in Cavco's Q2 FY24 revenue to $452 million and a 17% y/y decline in Q2 shipments. The analyst has also lowered FY24E/FY25E EPS and revenue estimates. However, the analyst raised the average price from $99,000 to $102,000, assuming no widespread pricing pressure from Cavco's competitors.

Portfolio Pulse from Shivani Kumaresan

November 07, 2023 | 6:37 pm