NorthView Acquisition Corporation - Rights Stock (NASDAQ: NVACR)

Latest news for NorthView Acquisition Corporation - Rights (NASDAQ:NVACR) Stock

NorthView Acquisition Corporation - Rights

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BDRX

Biodexa Pharmaceuticals Shares Halted To The Upside; Stock Now Up 48.57%

B of A Securities analyst Ronald Epstein maintains Embraer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ERJ#NYSE">ERJ</a>) with a Buy and raises the price target from $40 to $55.

News

Price Target

Analyst Ratings

Embraer-Empresa Brasileira De Aeronautica

B of A Securities Maintains Buy on Embraer, Raises Price Target to $55

Citigroup analyst Alicia Yap maintains Full Truck Alliance Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YMM#NYSE">YMM</a>) with a Buy and raises the price target from $12 to $13.

Citigroup Maintains Buy on Full Truck Alliance Co, Raises Price Target to $13

B of A Securities analyst Vivek Arya reiterates NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) with a Buy and maintains $190 price target.

Reiteration

NVDA

B of A Securities Reiterates Buy on NVIDIA, Maintains $190 Price Target

Shares of Lowe&#8217;s Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) were trading higher Thursday after the company reported <a href="https://www.benzinga.com/news/earnings/24/11/42060077/lowes-q3-earnings-revenue-and-eps-beat-but-comp-sales-fall-amid-softness-in-bigger-ticket-diy-discretionary-demand">upbeat third-quarter results</a> on Tuesday.
The company reported its results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
Goldman Sachs On Lowe&#8217;s Companies
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58580bcbee7bf60001bcfa29/kate-mcshane">Analyst Kate McShane</a> maintained a Buy rating, while raising the price target from $260 to $276.
Although Lowe's reported better-than-expected results for the third quarter, comparable sales contracted by 1.1%, McShane said in a note. While sales continued to be pressured by weaker DIY trends with consumers dealing with elevated interest rates, some of the headwinds were offset by "a stronger Pro business, online sales, and smaller-ticket outdoor DIY projects," she added.
Operating margin contracted by 86 basis points year-on year to 12.3%, coming in lower than consensus of 12.5%, "with the incremental storm impact having ~15bps negative impact," the analyst stated. "For 4Q, the company noted that excluding storm related impacts, operating margin will roughly be in line with prior year outlook reflecting benefits from ongoing PPI initiatives and incremental direct costs and lower gross margin profile," she further wrote.
Truist Securities On Lowe&#8217;s Companies
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59493ca670ed7a0001097213/scot-ciccarelli">Analyst Scot Ciccarelli</a> reiterated a Buy rating, while lifting the price target from $307 to $310.
Storm-related activity boosted comps by around 100 basis points, "but was a drag on margins," Ciccarelli said. Even excluding the storms, sales were "modestly better than mgmt and investor expectations coming out of 2Q," he added.
Transactions declined by 1.3%, partially offset by an increase in average ticket size, the analyst stated. "Finally, Pro sales posted an impressive +HSD comp, offset by continued softness in bigger-ticket DIY discretionary demand," the analyst further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
DA Davidson On Lowe&#8217;s Companies
<a href="https://drupal-cloudfront.benzinga.com/topic/michael-baker">Analyst Michael Baker</a> reiterated Buy rating, while reducing the price target to $240.
Comps were down 1.1% in the third quarter, but beat consensus of a decline of 2.8% and represented an acceleration from the 5.1% decline in the previous quarter, Baker said. "Even excluding hurricane related sales, LOW would have beaten on the strength of a high-single digit positive comp in Pro, which is an acceleration from a mid-single digits increase last quarter," he added.
Relative to the industry data, Lowe's sales came in 300 basis points light, similar to the previous quarter's gap of 340 basis points, the analyst stated. Gross margins came in flat at 33.7%, short of consensus by 10 basis points, he added.
BofA Securities On Lowe&#8217;s Companies
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ad8d48b85e930001f97170/robert-ohmes">Analyst Robert Ohmes</a> maintained a Buy rating and price target of $305.
Lowe&#8217;s reported adjusted earnings of $2.89 per share, "ahead of our $2.82 estimate driven by higher-than-expected comp sales," Ohmes said in a note. The decline in comps reflected "continued softness in DIY bigger-ticket discretionary demand projects, partially offset by storm-related sales positive comp sales in Pro &amp; online, and strength in smaller ticket outdoor DIY projects," he added.
Progress in Lowe's Total Home strategy will likely enable the company to "deliver on its commitment to grow its Pro business at 2x the market," the analyst stated. "We also expect DIY-focused strategic investments to support growth once the macro improves," he further wrote.
JPMorgan On Lowe&#8217;s Companies
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/584847d9ee7bf6000154d225/christopher-horvers">Analyst Christopher Horvers</a> reaffirmed an Overweight rating and price target of $300.
Lowe&#8217;s raised its guidance for 2024 to a decline in comps of 3%-3.5%, from its previous projection of 3.5%-4%, Horvers said. Management raised their projection for earnings to $11.80-11.90 per share, from the prior estimate of $11.70-11.90 per share, he added.
"We continue to see a small project DIY recovery emerging," the analyst wrote. Management remained conservative on the fourth-quarter outlook, "assuming a smaller lift from the storms" and continued to project flat gross margins, "with benefits from vendor clawbacks continuing to build/accelerate into 4Q," he further stated.
LOW Price Action: Shares of Lowe&#8217;s Companies were up 0.5% to $264.29 at the time of publication Thursday.
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<li><a href="https://www.benzinga.com/news/earnings/24/11/42069005/nasdaq-gains-100-points-lowes-earnings-beat-views">Nasdaq Gains 100 Points; Lowe&#8217;s Earnings Beat Views</a></li>
</ul>
Photo: Shutterstock

Earnings Beats

Movers

Lowe's Pro Sales Lead The Way As DIY Slows, Analysts Say

WIIM

MSTR

MicroStrategy shares are trading lower after Citron Research announced a short position.

TransMedics Gr's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMDX#NYSE">TMDX</a>) short percent of float has risen 29.68% since its last report. The company recently reported that it has 8.43 million shares sold short, which is 30.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.14 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>TransMedics Gr Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732203920_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for TransMedics Gr has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing TransMedics Gr's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, TransMedics Gr's peer group average for short interest as a percentage of float is 8.25%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

TMDX

Looking Into TransMedics Gr's Recent Short Interest

Citigroup analyst Judy Zhang maintains Qifu Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>) with a Buy and raises the price target from $31.44 to $37.5.

QFIN

Citigroup Maintains Buy on Qifu Technology, Raises Price Target to $37.5

Cencora's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>) short percent of float has risen 3.45% since its last report. The company recently reported that it has 9.96 million shares sold short, which is 6.89% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.26 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Cencora Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732203915_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Cencora has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Cencora's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Cencora's peer group average for short interest as a percentage of float is 5.37%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Cencora's Recent Short Interest

When it was announced in 2017, the Tesla Semi was supposed to be a game-changer. With promises of a greener future for the trucking industry and orders from big-name companies like PepsiCo, UPS and Sysco, Tesla&#8217;s electric truck generated a lot of excitement. But now, seven years later, many customers are still waiting. And some might wait a decade before they see their trucks roll in.
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<li>This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years –<a href="https://www.benzinga.com/money/rad-ai-2"> here's how there's a limited time opportunity to invest at $1,000 for only $0.50/share before it closes in a few days.</a></li>
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<h2 class="wp-block-heading">The Long Wait for the Tesla Semi</h2>
PepsiCo is seemingly the only company able to get its hands on Tesla Semis, but for most other customers, it's been nothing but waiting. UPS, Sysco, DHL and others have yet to receive any of their trucks, even though they placed their orders in 2017. UPS alone reserved 125 Semis, but there's still no timeline for when those deliveries will happen.
Tesla deployed<a href="https://www.benzinga.com/news/24/05/38936949/tesla-semi-fleet-grows-as-pepsico-takes-delivery-of-another-50-ev-trucks"> around 100 trucks in the U.S.</a>, mainly to PepsiCo, with these vehicles racking up almost five million miles. The company says production is getting closer, with mass manufacturing expected to kick off &#8220;by the end of 2025&#8221; at its Nevada Gigafactory. But that means that for many customers, the wait could stretch to nearly 10 years from when they placed their orders.
Trending: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
<h2 class="wp-block-heading">Challenges in Meeting Demand</h2>
Why the delays? Building a heavy-duty electric truck isn&#8217;t easy and Tesla has faced significant challenges – everything from production hurdles to fine-tuning the vehicle&#8217;s reliability. While Tesla&#8217;s Megawatt charging station aims to make recharging as fast as diesel refueling, <a href="https://www.benzinga.com/news/24/10/41566739/tesla-semi-charging-infrastructure-costs-can-undercut-competition-by-50-says-senior-company-executiv">building the needed infrastructure</a> takes time, especially when entering the notoriously tough Class 8 truck market.
Tesla&#8217;s competitors haven't been idle either. Chinese startup Windrose, for example, is making moves to set up an assembly plant in Georgia. According to the company, it hopes to compete directly with Tesla and already has 6,400 orders on the books – mainly from U.S. companies like Nike.&nbsp;
Windrose's electric semi has a range of 418 miles when fully loaded at 49 tons. By comparison, the Tesla Semi offers a range between 300 and 500 miles when loaded. Windrose recently completed a 1,600 km test in China and has started trials in Europe with Decathlon. They are determined to stake their claim, especially while Tesla struggles to get the Semi out to its long-waiting customers.
Tesla also <a href="https://www.benzinga.com/markets/equities/24/10/41349340/elon-musk-announces-tesla-semi-will-be-available-worldwide-amid-growing-skepticism-over-500-mile">plans to bring the Semi to Europe and even worldwide</a>, but it's not as simple as just shipping trucks overseas. The vehicle needs to comply with European regulations, which means design tweaks and new versions – like a shorter model to fit EU size requirements. Even then, European companies like Girteka, Fercam and others that placed orders nearly seven years ago are still waiting, with no clear end in sight.
See Also: This rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —<a href="https://www.benzinga.com/money/halcium"> With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!</a>
<h2 class="wp-block-heading">Is There Still Hope for Tesla Semi Customers?</h2>
The real question is whether Tesla can get production running at the scale needed to fulfill all these long-standing orders. Analysts remain skeptical, noting that Tesla will have to compete <a href="https://www.benzinga.com/news/24/09/40686320/volvo-reveals-next-gen-electric-heavy-duty-truck-with-up-to-600-km-range-on-a-single-charge">with heavyweights like Volvo</a>, <a href="https://www.benzinga.com/news/24/09/40872322/daimler-truck-to-start-production-of-battery-electric-heavy-truck-mercedes-benz-eactros-600-in-novem">Daimler</a> and Freightliner, who already have electric trucks in production. It's a tall order for Tesla to instantly grab a big share of the Class 8 market, especially considering the delays.
While it's been a rocky road, Tesla has a history of pulling off the improbable. Its past successes in passenger cars remind us that nothing is impossible, even if the timeline doesn't always go as planned.
Still, in October 2022, Elon Musk assured investors that Tesla would produce 50,000 Tesla Semi trucks by 2024 and that hasn't happened.
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<li>With over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. <a href="https://www.benzinga.com/money/rad-ai-2">Be an early investor with just $1,000 for only $0.50/share today before the offer closes in the next few days</a>!</li>
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Most Tesla Semi Customers Have Waited Seven Years Already. Will They Really Have To Wait A Full Decade?

ASML Holding's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NYSE">ASML</a>) short percent of float has risen 9.09% since its last report. The company recently reported that it has 1.27 million shares sold short, which is 0.36% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>ASML Holding Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732203910_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for ASML Holding has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing ASML Holding's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, ASML Holding's peer group average for short interest as a percentage of float is 8.01%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ASML

(ASML) - Analyzing ASML Holding's Short Interest

-U.S. Official Tells Reuters, Citing Initial Indications

Macro Notification

General

Russia Fired An Intermediate-Range Ballistic Missile, Not An ICBM, At Ukraine On Thursday

RBC Capital analyst Kenneth Lee reiterates Rithm Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RITM#NYSE">RITM</a>) with a Outperform and maintains $13 price target.

RITM

RBC Capital Reiterates Outperform on Rithm Capital, Maintains $13 Price Target

POSaBIT Systems Corporation (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/POSAF#OTCQX">POSAF</a>), a provider of payments and point-of-sale infrastructure for the cannabis industry, has integrated Metrc Connect reporting in its point-of-sale system for all states that utilize the track and trace system. Metrc, a U.S.-based provider of cannabis regulatory technology systems, combines software, radio-frequency identification (RFID), customer support, and a secure database to track cannabis from growth, harvest, and processing to testing and transport.
"We are excited that POSaBIT has achieved full integration with Metrc Connect across all States, including Oregon," stated Michael Johnson, CEO of Metrc. "POSaBIT's commitment to adopt Metrc Connect highlights their dedication to providing a smooth transition and optimal experience for their customers."
All POSaBIT partner dispensaries in Metrc regions now report necessary data to their regulatory bodies through the company's point-of-sale software.
Read Also: <a href="https://www.benzinga.com/general/market-summary/24/11/42100955/the-u-s-cannabis-strategy-no-ones-talking-about-inside-canopys-300m-plan">The U.S. Cannabis Strategy No One&#8217;s Talking About: Inside Canopy&#8217;s $300M Plan</a>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
Ryan Hamlin, CEO/co-founder of POSaBIT, commented, "We have partnered closely with Metrc over the years and we appreciate their industry leadership when it comes to compliance. This continued focus on compliance and regulatory requirements by POSaBIT has proven to be one of the main reasons so many merchants have migrated over from older legacy Point of Sale providers to a more innovative POSaBIT POS solution."
Earlier this month, Metrc <a href="https://www.benzinga.com/markets/cannabis/24/11/41689697/metrc-to-support-virginias-regulation-of-medical-marijuana-market-signs-new-track-and-trace-gove">signed a contract</a> with the Commonwealth of Virginia to support the regulation of its medical cannabis market. Metrc&#8217;s track-and-trace platform provides transparency to ensure regulatory compliance, help combat the illicit market and safeguard the health and well-being of Virginia&#8217;s patients. The Metrc system allows licensed operators to track activities affecting a plant&#8217;s status or the creation of cannabis-based products, including origin, testing results, handling, and chain-of-custody information via the company's RFID tracking model and software-as-a-service (SaaS) system. The information is then easily accessible to state regulators.
Metrc is engaged in 27 government contracts and serves more than 500,000 users, including growers, testing facilities, dispensaries, state regulators and law enforcement officials.
Price Action 
POSaBit shares closed Wednesday&#8217;s market session flat at $0.081 per share. 
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Photo: Courtesy of Plateresca via Shutterstock

Cannabis

POSAF

Cannabis Fintech POSaBIT Integrates Metrc Connect Reporting

Citigroup analyst Keith Horowitz maintains Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) with a Neutral and raises the price target from $485 to $585.

Citigroup Maintains Neutral on Goldman Sachs Gr, Raises Price Target to $585

The S&P and Nasdaq are lower as Nvidia falls after its quarterly earnings report.

CATX

Perspective Therapeutics shares are trading lower. The company announced initial results from its ongoing Phase 1/2a clinical trial of [212Pb]VMT-α-NET.

RBC Capital analyst Matthew Hedberg maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Outperform and raises the price target from $175 to $188.

SNOW

RBC Capital Maintains Outperform on Snowflake, Raises Price Target to $188

Lake Street analyst Eric Martinuzzi maintains Universal Technical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTI#NYSE">UTI</a>) with a Buy and raises the price target from $19 to $22.

Lake Street Maintains Buy on Universal Technical, Raises Price Target to $22

B of A Securities analyst Bradley Sills maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Neutral and raises the price target from $160 to $185.

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