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AVT

CSCO

QQQ

SPY

WMT

WOLF

US stock futures are showing signs of a potential rebound after a two-day slide, with Walmart Inc. (NYSE:WMT) seeing premarket gains following its above-consensus Q2 results and upgraded full-year forecast. The market is likely to focus on outcomes from a regional manufacturing survey, jobless claims, and the leading economic index. The SPDR S&P 500 ETF Trust (NYSE:SPY) and the Invesco QQQ ETF (NASDAQ:QQQ) also saw premarket gains. Stocks in focus include Cisco Systems, Inc. (NASDAQ:CSCO), Avnet, Inc. (NASDAQ:AVT), Wolfspeed, Inc. (NYSE:WOLF), Bilibili, Inc. (NASDAQ:BILI), Children’s Place, Inc. (NASDAQ:PLCE), Bill Holdings, Inc. (NYSE:BILL), Applied Materials, Inc. (NASDAQ:AMAT), Farfetch Ltd. (NYSE:FTCH), and Ross Stores, Inc. (NASDAQ:ROST).

Portfolio Pulse from Shanthi Rexaline

August 17, 2023 | 11:44 am

UBER

Wells Fargo analyst Ken Gawrelski has maintained an Overweight rating on Uber Technologies (NYSE:UBER) and raised the price target from $53 to $59.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:31 am

LNT

Mizuho analyst Anthony Crowdell has maintained a Neutral rating on Alliant Energy (NASDAQ:LNT) and lowered the price target from $55 to $51.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:30 am

ADP

Mizuho analyst Dan Dolev has maintained a 'Buy' rating on Automatic Data Processing (NASDAQ:ADP) and raised the price target from $255 to $285.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:29 am

HE

B of A Securities analyst Julien Dumoulin-Smith has maintained an 'Underperform' rating on Hawaiian Electric Industries (NYSE:HE) and lowered the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:27 am

SNPS

Needham analyst Charles Shi has reiterated a 'Buy' rating on Synopsys (NASDAQ:SNPS) and maintained a price target of $500.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 11:26 am

NWE

Ladenburg Thalmann analyst Paul Fremont maintains a 'Buy' rating on NorthWestern (NASDAQ:NWE) but has lowered the price target from $59 to $53.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:26 am

ZM

Rosenblatt analyst Catharine Trebnick has reiterated a Neutral rating on Zoom Video Comms (NASDAQ:ZM) and maintained a $75 price target.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 11:25 am

TJX

B of A Securities analyst Lorraine Hutchinson maintains a Buy rating on TJX Companies and raises the price target from $94 to $102.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 11:25 am

SNPS

Rosenblatt analyst Blair Abernethy maintains a 'Buy' rating on Synopsys (NASDAQ:SNPS) and raises the price target from $448 to $485.

Portfolio Pulse from richadhand@benzinga.com

August 17, 2023 | 11:24 am