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DOGE-USD

Dogecoin (CRYPTO: DOGE) has seen a 4.45% decrease in price over the last 24 hours, continuing a negative trend with a 19.0% loss over the past week. The trading volume has decreased by 46.0%, and the circulating supply has slightly decreased by 0.15%. Dogecoin's market cap ranking is currently #9 at $25.33 billion.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:01 pm

CSCO

This article provides an in-depth comparison of Cisco Systems (NASDAQ:CSCO) with its competitors in the Communications Equipment industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Cisco Systems is highlighted for its favorable growth potential, strong profitability, and robust cash flow generation, despite a potential overvaluation based on revenue and lower profitability compared to industry peers. The analysis suggests Cisco may be undervalued based on its P/E and P/B ratios but overvalued based on its P/S ratio.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

MPLX

MPLX (NYSE:MPLX) received mixed ratings from 4 analysts, with recent updates showing a shift towards more bullish perspectives. The average 12-month price target is $45.0, indicating a 4.05% increase from the previous target. Analysts from Barclays, UBS, Raymond James, and RBC Capital have raised their price targets, reflecting optimism about MPLX's market performance. MPLX, a partnership with significant pipeline and processing assets, has shown strong financial health with a notable revenue growth rate of 6.96%, a net margin of 41.53%, and an ROE of 16.99%.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

EIX

Edison Intl's (NYSE:EIX) short interest has increased by 5.03% since the last report, with 6.45 million shares sold short, representing 2.09% of its float. It would take approximately 3.88 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but Edison Intl has less short interest compared to its peer group average of 2.68%. This could be interpreted in various ways, including potential bullish outcomes.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

PFG

Principal Financial Group (NASDAQ:PFG) was analyzed by 5 analysts, showing a consensus towards a neutral stance with 4 indifferent and 1 somewhat bearish ratings. The average 12-month price target for PFG has been raised to $81.6, up 4.62% from $78.00, indicating a positive outlook. Analysts from firms including Piper Sandler and Morgan Stanley adjusted their price targets and ratings, reflecting recent market conditions and company performance. Despite this, PFG faces challenges with a -14.6% revenue decline, a net margin of -32.4%, and below-average ROE and ROA, suggesting difficulties in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

ARR

ARMOUR Residential REIT (NYSE:ARR) has seen a 6.72% increase in short interest since its last report, with 3.80 million shares sold short, representing 8.74% of its float. This indicates a bearish market sentiment towards ARR, as it now has a higher short interest than most of its peers, with the peer group average at 6.14%. However, an increase in short interest can sometimes be bullish, suggesting potential for profit if the stock price increases.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

LLY

Eli Lilly and Co (NYSE:LLY) is analyzed in comparison to its competitors in the Pharmaceuticals industry, focusing on financial metrics, market position, and growth prospects. Eli Lilly shows a premium valuation with a high P/E, P/B, and P/S ratios compared to industry averages. Despite this, the company demonstrates strong profitability with a higher ROE and significant revenue growth. However, concerns are raised due to its lower EBITDA, gross profit, and a higher debt-to-equity ratio, indicating potential financial vulnerability and operational inefficiencies.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

ANSS

Ansys (NYSE:ANSS) has seen a 4.57% increase in its short percent of float since the last report, with 1.25 million shares sold short, representing 1.83% of available shares. It would take about 2.88 days to cover these short positions. The increase in short interest can indicate a bearish market sentiment towards ANSS, although it has less short interest compared to its peers, with an average of 4.18% in the peer group.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

SOLUSD

Solana (CRYPTO: SOL) has experienced a 6.5% decrease in price over the past 24 hours, continuing a weekly downward trend of -7.0%. The trading volume for Solana has increased by 92.0% over the past week, despite a 0.23% decrease in circulating supply. Solana's market cap ranking is currently #5 at $78.93 billion.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

DELL

PTF

WLDR

Dell Technologies Inc. (NYSE:DELL) shares are up due to its collaboration with Northwestern Medicine, using AI to innovate patient care, particularly in interpreting chest x-rays. The partnership has led to the development of a generative multimodal large language model (LLM) within Northwestern Medicine's secure infrastructure, supported by Dell's advanced AI technology. This initiative is expected to significantly advance healthcare. DELL stock has seen over a 200% increase in the past year, and it's also part of the Affinity World Leaders Equity ETF (BATS:WLDR) and Elevation Series Trust SRH U.S. Quality ETF (NASDAQ:PTF).

Portfolio Pulse from Nabaparna Bhattacharya

April 05, 2024 | 2:59 pm