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VLO

Valero Energy's stock trades lower as Barclays maintains an Overweight rating but reduces its price target from $179 to $173.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 2:48 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are up following clarification on share recall for short selling. CEO Devin Nunes accuses brokerage firms of stock manipulation, urging an investigation by House GOP leaders. The stock has been volatile since its Nasdaq debut, with significant price fluctuations and operational losses revealed.

Portfolio Pulse from Nabaparna Bhattacharya

April 30, 2024 | 2:47 pm

BTCUSD

ETHUSD

LINKUSD

SOLUSD

Cryptocurrency trader Michael van de Poppe predicts an upcoming altcoin season, emphasizing the importance of market rotations and strategic trading to maximize returns. He highlights the strength in altcoins like Solana and meme coins following the Bitcoin Halving, suggesting a shift towards these alternatives. Van de Poppe also sees Ethereum leading the altcoin charge and considers Chainlink an attractive investment at its current valuation.

Portfolio Pulse from Khyathi Dalal

April 30, 2024 | 2:45 pm

AEP

American Electric Power (NYSE:AEP) has seen a 19.82% decrease in short interest, now at 9.35 million shares or 1.78% of float, taking 2.85 days on average to cover. This decline in short interest could indicate a more bullish sentiment towards AEP compared to its peers, where the average short interest is 2.49% of float.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 2:45 pm

PFE

Pfizer's (NYSE:PFE) short interest has decreased by 9.45% since the last report, with 65.00 million shares sold short, representing 1.15% of its float. The current short interest suggests a bullish sentiment among investors, as it takes approximately 1.94 days to cover all short positions. Compared to its peers, Pfizer has a lower short interest percentage of float, indicating less bearish sentiment among investors towards Pfizer.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 2:45 pm

PKG

Packaging Corp of America (NYSE:PKG) has seen a decrease in short interest, now at 2.08% of float, lower than its peer group average of 3.36%. This indicates a potential increase in bullish sentiment towards PKG, despite the short interest reduction not directly predicting stock price movement.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 2:45 pm

PSX

Phillips 66 shares are trading lower following Barclays' decision to maintain an Equal-Weight rating on the stock while reducing its price target from $155 to $147.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 2:43 pm

PCAR

PACCAR shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 2:40 pm

VKTX

Whales show a bullish stance on Viking Therapeutics (NASDAQ:VKTX), with significant options trading activity indicating a price target range of $20 to $120. The majority of trades are calls, suggesting optimism about the stock's future performance. Viking Therapeutics specializes in biopharmaceutical development for metabolic and endocrine disorders. The stock is currently up 0.74% at $75.97, with an RSI indicating it may be approaching overbought territory. Analysts have set an average target price of $90, with a recent downgrade to Buy by HC Wainwright & Co.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 2:31 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has seen significant options activity, with over 16 transactions valued at $427,360, focusing on a price band between $880.0 and $905.0. The stock's current price is $894.58, with a 0.24% increase and an RSI indicating it may be approaching oversold territory. Analyst ratings in the last 30 days have set an average price target of $1033.6, with varying recommendations from Buy to Neutral. The next earnings report is expected in 2 days.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 2:31 pm