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ZYXI

RBC Capital analyst Shagun Singh has maintained an Outperform rating on Zynex (NASDAQ:ZYXI) and increased the price target from $13 to $15.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:52 pm

NXU

TSLA

Nxu, Inc. (NASDAQ:NXU) shares surged after announcing the successful charging of a Tesla, Inc. (NASDAQ:TSLA) Cybertruck using its NxuOne Charging System, marking a potential first for Cybertruck NACS charging on a non-Tesla DC fast charging station. Nxu's CEO highlighted the milestone as evidence of their commitment to advancing EV technology and providing efficient charging solutions. The news drove Nxu's trading volume significantly above its 100-day average.

Portfolio Pulse from Erica Kollmann

March 01, 2024 | 3:52 pm

REAL

The RealReal shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic revenue guidance for Q1 and the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:49 pm

BAC

Bank of America (NYSE:BAC) has seen an 8.79% increase in its short percent of float since the last report, with 67.56 million shares sold short, representing 0.99% of available shares. This indicates a bearish market sentiment, although it doesn't necessarily predict a near-term price fall. Compared to its peers, Bank of America has a higher short interest, suggesting more bearish sentiment towards it than its peers.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:45 pm

CAR

Avis Budget Group's (NYSE:CAR) short interest has increased by 24.46% since the last report, with 3.08 million shares sold short, representing 29.26% of its float. This indicates a bearish market sentiment towards CAR, although it's higher than its peer group average of 7.74% short interest. The article suggests that an increase in short interest can sometimes be bullish for a stock.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:45 pm

ADBE

Adobe's (NYSE:ADBE) short interest has decreased by 5.93% since its last report, now representing 1.11% of its float with 4.99 million shares sold short. This decline in short interest could indicate a more bullish sentiment towards Adobe compared to its peers, where the average short interest as a percentage of float is 3.75%. The article suggests that while a decrease in short interest does not guarantee a stock price increase, it is an important indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:45 pm

BIVI

BioVie's stock is trading higher following the announcement that its Ne3017 drug showed potential improvements in both motor and non-motor symptoms for Parkinson's Disease patients and may also be beneficial in realigning physiological processes for Alzheimer's patients.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:45 pm

HUMA

Humacyte Inc (NASDAQ:HUMA) shares dropped 29.2% to $3.08 after announcing a $40.2 million public offering of common stock at $3.00 per share. The offering includes 13.4 million shares and an option for underwriters to purchase an additional 2.01 million shares. Proceeds will support its regenerative medicine pipeline, FDA review for its bioengineered human acellular vessels, commercial infrastructure, and general corporate purposes. TD Cowen, Cantor, and BTIG are managing the offering.

Portfolio Pulse from Henry Khederian

March 01, 2024 | 3:44 pm

AAPL

AMGN

GS

MNDY

MRK

VMC

VRTX

Goldman Sachs removed Apple Inc (AAPL) from its Conviction List but maintained a Buy rating with a $232 price target. The removal follows the release of iPhone 15, Vision Pro, and a report on Apple ending its electric vehicle plans. Goldman Sachs also ended its partnership on the Apple Card with Apple. Meanwhile, Goldman Sachs added Amgen Inc (AMGN), Monday.com (MNDY), and Vulcan Materials Company (VMC) to the Conviction List, removing Merck & Co (MRK) and Vertex Pharmaceuticals (VRTX) alongside Apple.

Portfolio Pulse from Chris Katje

March 01, 2024 | 3:40 pm

TTD

Deep-pocketed investors have shown a bearish sentiment towards Trade Desk (NASDAQ:TTD), with a significant move in options trading detected. Benzinga's options scanner revealed 9 extraordinary activities, with a bearish majority. The price band focus is between $70.0 and $140.0. Current trading volume is 621,329 with a slight price increase to $85.64. Analysts have mixed ratings but lean towards a positive outlook with an average price target of $100.4.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:32 pm