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Stock Prices

SMCI

Super Micro Computer (NASDAQ:SMCI) has seen significant options trading activity, with a bearish sentiment prevailing among investors. The trading volume and open interest suggest a price target range of $120 to $1500. Notable trades include both bullish and bearish positions, with a mix of puts and calls. Super Micro Computer specializes in high-performance server technology and has a current stock price of $967.42, with an RSI indicating it may be approaching oversold. Analysts have set an average target price of $1243.33, with varying ratings from Buy to Overweight.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 5:01 pm

VRT

Vertiv Holdings (NYSE:VRT) shares surged after Oppenheimer analyst Noah Kaye initiated coverage with an Outperform rating and a $96 price target. Kaye's optimism is based on the expected tripling of data center capacity and double-digit TAM expansion over the next five years, driven by AI investments. He highlighted the rising demand for liquid cooling solutions, where VRT is innovating in collaboration with chip makers, and anticipates a sustainable operational turnaround with significant margin expansion. VRT's shares rose 5.73% to $85.31.

Portfolio Pulse from Shivani Kumaresan

April 05, 2024 | 5:00 pm

SEDG

SolarEdge Technologies (NASDAQ:SEDG) has seen a diverse range of analyst ratings over the last three months, with a shift towards more cautious stances recently. The average 12-month price target for SEDG has been adjusted to $83.82, marking an 11.52% decrease from the previous target of $94.73. This adjustment reflects a broader sentiment of caution among analysts, who have predominantly lowered their price targets and ratings due to challenges in revenue growth, profitability, and market capitalization compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 5:00 pm

TARA

Protara Therapeutics Inc (NASDAQ:TARA) shared interim data from its bladder cancer study, showing a 38% complete response rate in NMIBC patients. The company also announced a $45M equity raise through a private placement of shares and warrants. Additionally, Protara reached alignment with the FDA on a registrational path for IV Choline Chloride, planning a trial for FDA approval in the first half of 2025.

Portfolio Pulse from Vandana Singh

April 05, 2024 | 4:57 pm

AXP

Monness, Crespi, Hardt analyst Gus Gala upgrades American Express (AXP) from Neutral to Buy and sets a $245 price target.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:56 pm

CZOO

Trading of Cazoo Group shares has resumed, indicating a potential shift in market dynamics or response to recent company developments.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:54 pm

CVS

PRGO

WBA

CVS Health Corp announced its drug plans will cover the first over-the-counter birth control pill, Opill by Perrigo Company Plc, at no charge for many health plan sponsors, marking a significant step in reproductive healthcare accessibility. This follows CVS and Walgreens Boots Alliance Inc's decision to dispense the abortion pill mifepristone, aligning with FDA guidelines. The coverage by CVS Caremark aims to widen contraception access, especially for younger women and those in rural areas. Opill, approved by the FDA in July 2023 for all ages, is priced at $19.99 for a one-month supply.

Portfolio Pulse from Vandana Singh

April 05, 2024 | 4:53 pm

CZOO

Shares of Cazoo Group were temporarily halted due to a circuit breaker triggered by an upside movement. Despite this, the stock is currently down by 35.6%.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:50 pm

EDBL

Trading of Edible Garden shares, symbol EDBL, has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:50 pm

AIG

American Intl Gr's (NYSE:AIG) short interest has increased by 19.33% since the last report, with 8.55 million shares sold short, representing 1.42% of available shares. It would take approximately 2.09 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards AIG, although it has less short interest compared to its peer group average of 1.82%. This information suggests investors are showing increased bearishness but AIG is still performing better in this aspect than most of its peers.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:50 pm