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Analyst Ratings

ARKQ

ARKX

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PRNT

VLD

Ark Investment Management, led by Cathie Wood, sees a $500 billion opportunity in 3D printing, which they believe will be crucial in the transition to electric robotaxis. Ark analyst Tasha Keeney estimates that 3D printing could reduce Ford Motor Co's total inventory costs by 10%, or $100 million. Ark holds nearly 12 million shares of Velo3D Inc across three funds: ARK Autonomous Tech. & Robotics ETF, ARK Space Exploration & Innovation ETF, and The 3D Printing ETF.

Portfolio Pulse from Anan Ashraf

September 26, 2023 | 7:47 am

AMZN

GOOGL

MSFT

TD Cowen has expressed increased optimism for the prospects of major cloud computing vendors including Amazon Inc, Microsoft Corporation, and Google-parent Alphabet Inc, driven by the potential of generative artificial intelligence (AI) projects. The analyst team maintained Outperform ratings for these tech giants, based on their recent annual survey results from 680 U.S. technology customers. The survey indicated a positive outlook for Amazon Web Services, Microsoft Azure, and Google Cloud Platform. TD Cowen set the stock price target at $165 for Amazon, $390 for Microsoft, and $150 for Alphabet.

Portfolio Pulse from Benzinga Neuro

September 26, 2023 | 7:43 am

CTAS

Cintas Corporation (NASDAQ:CTAS) is expected to report higher Q1 earnings for fiscal year 2024 on Sept. 26, 2023. Analysts predict earnings of $3.67 per share, up from $3.39 per share a year ago, and revenue of $2.34 billion, up from $2.08 billion. The company's shares rose 0.2% to close at $505.52 on Monday. Several analysts have recently updated their price targets for CTAS, with the highest target being $551.

Portfolio Pulse from Lisa Levin

September 26, 2023 | 6:23 am

TSLA

Tesla Inc. is set to report its Q3 delivery numbers, with Wall Street estimates potentially not decreasing rapidly or significantly enough in anticipation. The consensus among FactSet-tracked analysts has dropped to 461,000 units, a 2.5% decrease from the initial 473,000 units. However, New Street Research analyst Pierre Feragu forecasts 438,000 units, a 5% decline from the current consensus, citing factory shutdowns as the reason. Despite the anticipated shortfall, Feragu remains confident.

Portfolio Pulse from Benzinga Neuro

September 26, 2023 | 5:50 am

META

Citi analyst Ronald Josey reiterated a buy rating on Meta Platforms Inc (NASDAQ:META) with a $385 price target. He noted that Meta's ad loads have increased, and with greater advertiser demand and an improving online advertising environment, Meta is gaining a larger share of the online advertising market. Josey also opened a 90-day Positive Catalyst Watch for Meta, expecting more details about Meta's GenAI plans and results in late October.

Portfolio Pulse from Anusuya Lahiri

September 25, 2023 | 9:06 pm

TBLA

Over the past 3 months, 5 analysts have published their opinion on Taboola.com (NASDAQ:TBLA) stock. The analysts have an average price target of $5.34 versus the current price of Taboola.com at $3.78, implying upside. This current average has decreased by 2.91% from the previous average price target of $5.50.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 9:00 pm

HRMY

Harmony Biosciences (NASDAQ:HRMY) has received 8 bullish, 2 somewhat bullish, and 1 bearish rating from analysts in the last quarter. The average price target is $59.0, indicating an upside from the current price of $33.13. This average has increased by 9.26% from the previous average price target of $54.00.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 9:00 pm

PLUG

In the last quarter, Plug Power (NASDAQ:PLUG) has received various analyst ratings, with 4 bullish, 3 somewhat bullish, and 6 indifferent. Over the past 3 months, 13 analysts have offered 12-month price targets for Plug Power, with an average price target of $17.21, an increase of 31.98% from the previous average price target of $13.04.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 9:00 pm

MKTX

MarketAxess Holdings (NASDAQ:MKTX) has received mixed analyst ratings in the last quarter, with 1 bullish, 3 somewhat bullish, 4 indifferent, and 3 bearish. The average 12-month price target for the company, according to 11 analysts, is $281.91, a decrease of 8.73% from the previous average of $308.89.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 9:00 pm

SHW

Sherwin-Williams Inc.'s (NYSE:SHW) share price increased by 0.60% in the current market session to $256.21. Despite a 5.27% decrease over the past month, the stock has risen by 22.85% over the past year. The company's P/E ratio of 28.27 is lower than the Chemicals industry average of 36.56, which could indicate that the stock is undervalued or has weaker growth prospects.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 8:15 pm