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ATHA

Athira Pharma is focusing on advancing ATH-1105 for neurodegenerative diseases, including ALS and AD, while reducing its workforce by 70% to save costs. The company expects one-time costs of $2.8M and annual savings of $13.4M, extending its cash runway into Q1 2026.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:02 pm

BOOM

DMC Global shares rise as Steel Connect reiterates its acquisition proposal at $16.50 per share.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:01 pm

AMLX

RPHM

XCUR

Insider buying activity has been observed in three penny stocks: Exicure, Amylyx Pharmaceuticals, and Reneo Pharmaceuticals. This insider activity may indicate confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 1:01 pm

SPCE

Analysts have provided mixed ratings for Virgin Galactic Holdings (NYSE:SPCE), with a recent shift towards more bearish sentiments. The average 12-month price target has decreased by 15.89%, with a high estimate of $61.00 and a low of $5.00. Analysts from Morgan Stanley, Goldman Sachs, and Susquehanna have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite a significant revenue growth rate of 125.55%, Virgin Galactic faces challenges with negative net margins, ROE, and ROA, as well as a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:00 pm

HOLX

Hologic (NASDAQ:HOLX) has received mixed analyst ratings over the past three months, with a slight upward trend in price targets. Analysts have maintained or raised their ratings, reflecting positive sentiment. Hologic's financial health is strong, with notable net margins and ROE, despite lower revenue growth compared to peers.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:00 pm

RDN

Radian Group's short interest has decreased by 9.07%, with 5.04 million shares sold short, representing 3.91% of its float. This is lower than its peers' average short interest of 4.23%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:00 pm

METC

Analysts have provided ratings for Ramaco Resources (NASDAQ:METC) over the past three months, with all four analysts giving a bullish rating. The average 12-month price target is $19.25, down from a previous $20.00. Analysts have adjusted their ratings and price targets based on market conditions and company performance. Ramaco Resources, a metallurgical coal company, has shown a 12.98% revenue growth rate but faces challenges with a low net margin and ROA.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:00 pm

WTRG

Essential Utilities (NYSE:WTRG) has seen a 9.44% decrease in its short percent of float, now at 2.11%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 2.23%.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:00 pm

GOOGL

Alphabet's short interest has increased by 4.24%, with 72.05 million shares sold short, representing 1.23% of its float. This is lower than the peer group average of 7.60%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:00 pm

OB

In the last three months, analysts have shown a bullish sentiment towards Outbrain (NASDAQ:OB), with an average 12-month price target of $5.8, reflecting a 3.57% increase from the previous target. Despite a decline in revenue, Outbrain's net margin, ROE, and ROA surpass industry standards, indicating strong financial management.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:00 pm