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Stock Prices

DNB

Dun & Bradstreet Holdings' stock (DNB) has seen an uptick in trading after Raymond James upgraded the stock from Outperform to Strong Buy, with a new price target set at $18.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:17 pm

IMCR

Immunocore Holdings' stock is trading lower following the company's announcement of strategic priorities and pipeline expansion. The news indicates a shift in focus or strategy, which may cause uncertainty among investors about the company's future direction and the implications for its financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:16 pm

AGL

JP Morgan analyst Lisa Gill has downgraded Agilon Health (NYSE:AGL) from Overweight to Neutral and reduced the price target from $17 to $9.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:15 pm

DG

Dollar General's (NYSE:DG) short interest has increased by 11.9% since the last report, with 6.60 million shares sold short, representing 3.01% of available shares. The short interest is below the peer group average of 4.37%. While high short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 4:15 pm

CBRE

CBRE Group (NYSE:CBRE) has seen a 6.9% increase in short interest since its last report, with 7.82 million shares sold short, representing 3.1% of its float. It would take about 3.87 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, CBRE has less short interest compared to its peer group average of 7.58%. The rise in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 4:15 pm

MDB

MongoDB (NYSE:MDB) has experienced a 10.37% increase in short interest since its last report, with 3.90 million shares sold short, representing 6.28% of its float. The short interest is higher than the peer group average of 5.97%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline. Traders would need approximately 1.2 days to cover their short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 4:15 pm

CYT

B of A Securities analyst Tazeen Ahmad has downgraded Cyteir Therapeutics (NASDAQ:CYT) from Neutral to Underperform and set a price target of $3. This downgrade suggests a bearish outlook on the company's stock by the analyst.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 4:14 pm

XOM

Exxon Mobil Corp (NYSE:XOM) expects Q4 results to be influenced by gas price fluctuations, with a positive impact on upstream earnings of $0.4 to $0.8 billion, but a negative impact from liquid prices in the same range. Specialty and chemical products earnings are projected to benefit from industry margin variations, while the Energy Products segment is anticipated to suffer a negative impact of $(1.7) to $(1.5) billion. Unsettled derivatives could affect upstream earnings by negative $0.3 billion to positive $0.1 billion. Upstream impairments of $2.4 to $2.6 billion are expected due to idle assets in California. XOM shares are up by 0.81% at $103.17.

Portfolio Pulse from Lekha Gupta

January 05, 2024 | 4:10 pm

OSPN

OneSpan Inc. (NASDAQ:OSPN) has appointed Victor Limongelli as interim CEO to accelerate the company's transformation. The company expects FY23 revenue to reach the upper end of its $228-$232 million range and adjusted EBITDA to meet or exceed $2-$4 million. FY23 ARR guidance is reiterated, with FY24 revenue growth projected at low- to mid-single digits and an adjusted EBITDA margin target of 20-23%. Year-end cash balance is anticipated to be $41-$43 million. OSPN shares dropped 1.5% to $9.51.

Portfolio Pulse from Akanksha Bakshi

January 05, 2024 | 4:09 pm

HSAI

Hesai Technology (NASDAQ:HSAI), a lidar technology company, has secured a contract to supply its AT128 long-range lidar sensors for a new flagship electric vehicle model from a global OEM. The sensors will be integrated into the vehicle's Advanced Driver Assistance Systems (ADAS). Hesai plans to disclose more details in the future. The company has already won contracts for over 50 ADAS series production EV models from 15 major OEMs and Tier-1 suppliers. HSAI's stock price rose by 3.09% to $8.18 following the announcement.

Portfolio Pulse from Shivani Kumaresan

January 05, 2024 | 4:07 pm