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UBER

Uber Technologies (NYSE:UBER) has received mixed evaluations from 35 analysts over the past three months, with a trend towards bullish ratings. The average 12-month price target for Uber is now $85.4, marking a 14.25% increase from the previous target of $74.75. Analysts have adjusted their ratings and price targets, reflecting optimism about the company's future performance. Uber's financial overview shows a strong market position, with significant revenue growth, high net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:02 pm

GNS

Genius Group Limited (NYSE:GNS) announced the appointment of Michael Moe as Non Executive Chairman of its Board, following its business combination with FatBrain AI. Moe, a significant figure in the education and investment sectors, brings extensive experience from his tenure at GSV Holdings and involvement in various educational and technological boards. His appointment is seen as a strategic move to leverage his expertise in AI and education to drive Genius Group's growth in the AI-driven education market.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 4:02 pm

CVE

Cenovus Energy (NYSE:CVE) has delivered an average annual return of 14.98% over the past 5 years, outperforming the market by 3.79% on an annualized basis. With a current market capitalization of $39.17 billion, an initial investment of $1000 in CVE 5 years ago would be worth $2,011.89 today.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:02 pm

DMTK

Lake Street analyst Thomas Flaten downgraded DermTech (NASDAQ:DMTK) from Buy to Hold and set a new price target of $0.63.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 4:01 pm

ITCI

Intra-Cellular Therapies (NYSE:ITCI) has seen a 4.8% increase in short percent of float since its last report, with 3.47 million shares sold short, representing 4.15% of its available trading shares. This indicates a bearish market sentiment, although it's noted that an increase in short interest can sometimes be bullish. The company's short interest is above its peer group average of 3.98%.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:00 pm

SOFI

SoFi Technologies (NYSE:SOFI) has seen a 19.42% decrease in its short percent of float since the last report, with 171.64 million shares sold short, representing 17.14% of its available trading shares. This indicates a potential shift in market sentiment towards a more bullish outlook, as the decrease in short interest suggests fewer traders are betting on the stock's decline. Compared to its peers, SoFi has a higher short interest percentage, indicating more bearish sentiment among investors relative to similar companies.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:00 pm

CADL

Candel Therapeutics (NYSE:CADL) has seen a 7.89% increase in its short percent of float, now at 0.82% of all shares available for trading. With 160 thousand shares sold short, it would take about 4.49 days to cover these positions. This rise in short interest indicates a more bearish market sentiment towards CADL, although it has less short interest compared to its peers, with the average being 8.28%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on a decline.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:00 pm

MCB

Metropolitan Bank Holding shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 3:52 pm

BAC

Bank of America's stock (BAC) is trading higher following an upgrade from Wolfe Research, moving from Peer Perform to Outperform.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 3:51 pm

SHIBUSD

Shiba Inu (SHIB) sees a 55% spike in whale transactions and a 1.4% increase in price, amid broader crypto market optimism. Lucie, Shiba Inu's marketing lead, expressed confidence in the coin's future on X, highlighting its sustained position and development efforts. The Shibarium network launched a new UI update, enhancing user experience and wallet compatibility. Crypto investor Jake Gagain predicts SHIB could reach a $100 billion market cap by 2025, supported by IntoTheBlock and CoinGlass data indicating strong buying demand and market stability.

Portfolio Pulse from Khyathi Dalal

April 19, 2024 | 3:51 pm