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Analyst Ratings

CSCO

NTNX

Nutanix Inc (NASDAQ:NTNX) reported better-than-expected Q4 FY23 earnings, leading to several analysts raising their price targets. The company's revenue increased by 28% Y/Y to $494.21 million, beating the consensus estimate of $475.16 million. Nutanix's board also authorized a share repurchase program of up to $350 million. Analysts are bullish on Nutanix's global strategic partnership with Cisco Systems Inc (NASDAQ:CSCO) related to simplifying hybrid multi-cloud and boosting business transformation.

Portfolio Pulse from Lekha Gupta

September 01, 2023 | 5:48 pm

UPS

A significant investor has taken a bullish stance on United Parcel Service (NYSE:UPS), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The price target for UPS over the last 3 months ranges from $130.0 to $210.0. The current price of UPS is down -0.91% at $167.87. Barclays, Oppenheimer, BMO Capital, JP Morgan, and UBS have maintained their ratings on UPS with price targets ranging from $180 to $195.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:33 pm

DG

Piper Sandler analyst Peter Keith maintains a Neutral rating on Dollar General (NYSE:DG) and lowers the price target from $178 to $144.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 5:01 pm

CM

Canadian Imperial Bank (NYSE:CM) has received one somewhat bullish and three indifferent analyst ratings in the last quarter. The average 12-month price target for the company is $62.75, a decrease of 4.56% from the previous average of $65.75.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:01 pm

CIEN

Needham has maintained its Buy rating for Ciena (NYSE:CIEN) and increased its price target from $50.00 to $60.00. This new target price represents a 23.27% increase from the current share price. Despite this, Ciena's shares have traded down 2.61% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:01 pm

PAHC

Phibro Animal Health (NASDAQ:PAHC) has received two bullish and two indifferent analyst ratings in the last quarter. The average 12-month price target for the company, according to four analysts, is $19.25, with a high of $21.00 and a low of $17.00. This average price target has increased by 6.94% over the past month.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:00 pm

BOKF

Over the past 3 months, 7 analysts have published indifferent opinions on BOK Financial (NASDAQ:BOKF) stock. The average 12-month price target for BOK Financial is $93.43, which has increased by 1.33% over the past month.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:00 pm

ESTC

Barclays has maintained its Overweight rating for Elastic (NYSE:ESTC) and increased its price target from $83.00 to $86.00. Elastic's shares have risen by 22.2% over the last 24 hours, trading at $75.62 per share. A move to $86.00 would represent a 13.73% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:00 pm

LTHM

Livent (NYSE:LTHM) has received somewhat bullish ratings from four analysts in the last quarter, with an average price target of $33.5, implying an upside from the current price of $21.795. This represents a 0.74% decrease from the previous average price target of $33.75.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:00 pm

CM

RBC Capital has maintained its Sector Perform rating for Canadian Imperial Bank (NYSE:CM) but lowered its price target from $72.00 to $67.00. The bank's shares are currently trading at $39.77, meaning the new target price would represent a 68.47% increase.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:00 pm