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NCLH

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) announced plans for eight new ships across three brands, adding nearly 25,000 berths, and the construction of a multi-ship pier at Great Stirrup Cay. The ships are scheduled for delivery between 2026 and 2036, with financing secured for two of the ships. Stifel analyst Steven Wieczynski reiterated a Buy rating with a $25 price target, highlighting the company's aggressive expansion and potential for market entry with minimal fleet cannibalization. Despite a short-term 2.35% drop in NCLH shares to $18.93, the long-term growth prospects are deemed positive.

Portfolio Pulse from Shivani Kumaresan

April 09, 2024 | 5:01 pm

COOP

In the past three months, 5 analysts have updated their ratings on Mr. Cooper Group Inc (NASDAQ:COOP), all shifting to a somewhat bullish stance. The average 12-month price target for COOP has been raised to $83.8, marking a 5.54% increase from the previous target of $79.40. This positive adjustment reflects analysts' growing optimism about the company's performance, underpinned by its solid revenue growth, exceptional net margin, and strong financial health indicators such as ROE and ROA.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 5:00 pm

DLR

Digital Realty Trust's stock (DLR) trades higher following an upgrade by Wells Fargo from Equal-Weight to Overweight and an increase in the price target from $135 to $155.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:58 pm

CC

Chemours Co (NYSE:CC) received a double upgrade from BMO Capital Markets, moving from Underperform to Outperform with a price target increase from $19 to $34. This upgrade follows Chemours' Q4 earnings report, which exceeded expectations. Analyst John McNulty highlighted the resolution of accounting issues and potential growth across the company's segments. Despite a lower-than-expected Q1 guidance, McNulty is optimistic about Chemours' performance improvement through 2024, citing effective leadership and strategic planning by CEO Dignam.

Portfolio Pulse from Priya Nigam

April 09, 2024 | 4:56 pm

GOOG

GOOGL

Alphabet's stock price increased following the announcement that the company has developed its own in-house chips, signaling a significant move towards self-reliance in technology.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:55 pm

PSX

Phillips 66 shares are trading lower due to a decrease in oil prices, impacting the stock's performance.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:45 pm

SKX

Skechers USA (NYSE:SKX) has seen a 25.41% increase in short interest since its last report, with 2.53 million shares sold short, representing 2.27% of its float. The current short interest suggests a bearish market sentiment towards SKX, although it's lower than the peer group average of 8.59%. The article highlights the importance of tracking short interest as an indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:45 pm

MAR

Marriott Intl's (NYSE:MAR) short interest has increased by 8.3%, with 5.88 million shares sold short, representing 2.61% of its float. It would take about 3.9 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards MAR, although it has less short interest compared to its peers, with an average of 6.09% in the peer group.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:45 pm

PVH

PVH Corp's (NYSE:PVH) short interest has decreased by 11.07%, with 2.04 million shares sold short, representing 4.5% of its float. This decrease in short interest could indicate a more bullish sentiment towards PVH among traders. Compared to its peers, PVH has a lower short interest percentage of float, with the average being 8.50%. Short interest is a key indicator of market sentiment, and a decrease suggests that investors may be becoming more optimistic about the company's stock.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:45 pm

BNO

USO

Oil prices have declined following the Energy Information Administration's (EIA) revision of its 2024 world demand growth forecast downwards.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:45 pm