Investor Optimism Improves Slightly After Nasdaq Ends 4-Session Losing Streak
Portfolio Pulse from Lisa Levin
The Nasdaq Composite ended a four-session losing streak, improving overall investor sentiment. Palo Alto Networks (PANW) shares gained 14.8% after announcing above-estimate EPS guidance. NVIDIA (NVDA) shares climbed 8.5% after KeyBanc and HSBC analysts raised their price targets. Investors are awaiting earnings results from Lowe's Companies (LOW), Dick's Sporting Goods (DKS), and Macy's (M).
August 22, 2023 | 6:39 am
News sentiment analysis
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POSITIVE IMPACT
NVIDIA shares climbed 8.5% after KeyBanc and HSBC analysts raised their price targets.
The increase in NVIDIA's share price is due to raised price targets by KeyBanc and HSBC analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Palo Alto Networks shares gained 14.8% after announcing above-estimate EPS guidance.
The company's above-estimate EPS guidance has led to a significant increase in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Dick's Sporting Goods.
The upcoming earnings results from Dick's Sporting Goods could potentially impact its share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Lowe's Companies.
The upcoming earnings results from Lowe's Companies could potentially impact its share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Macy's.
The upcoming earnings results from Macy's could potentially impact its share price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80