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Analyst Ratings

NVDA

Nvidia Corp. (NASDAQ:NVDA) shares have surged 180% this year, pushing its market value beyond $1 trillion and its price-to-earnings ratio to 220. The surge is attributed to Nvidia's leading role in the development of AI chips and software, with its H100 chips being bought in large quantities by major players like Microsoft and OpenAI. Despite high growth assumptions, analysts expect Nvidia to report a quarterly revenue of $11.08 billion, a 65% increase from the previous year.

Portfolio Pulse from Benzinga Neuro

August 12, 2023 | 2:32 am

UNH

UnitedHealth Group (NYSE:UNH) has received 20 analyst ratings in the last quarter, with 5 being bullish, 13 somewhat bullish, and 2 indifferent. The average price target is $572.15, implying an upside from the current price of $508.01. This average has decreased by 2.53% from the previous average price target of $587.00.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

CPA

Analysts have provided bullish ratings for Copa Holdings (NYSE:CPA) in the last quarter, with 5 bullish, 2 somewhat bullish, and none bearish. The company has an average 12-month price target of $144.43, with a high of $160.00 and a low of $125.00. This average price target has increased by 6.09% over the past month.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

FRT

Federal Realty Investment (NYSE:FRT) has received 4 bullish, 1 somewhat bullish, and 6 indifferent ratings from analysts in the last quarter. The average price target is $104.27, representing a potential upside from the current price of $102.21. However, this target is a 2.2% decrease from the previous average price target of $106.62.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

MKTW

In the last quarter, Marketwise (NASDAQ:MKTW) received 1 bullish and 4 somewhat bullish ratings from analysts. The average price target is $4.4, representing an upside from the current price of $1.745. This average price target is a 2.22% decrease from the previous average of $4.50.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

VSAT

In the last quarter, Viasat (NASDAQ:VSAT) received three bullish and one indifferent analyst ratings. The 12-month price target for the company averages at $58.25, with a high of $81.00 and a low of $42.00. This average price target has increased by 4.95% over the past month.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

NE

Noble Corp (NYSE:NE) has received positive analyst ratings in the last quarter, with 4 bullish and 1 somewhat bullish ratings. The average 12-month price target for the company has increased by 2.67% from $60.00 to $61.6, according to 5 analysts. These ratings are based on information from company conference calls, financial statements, and insider conversations.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

ADBE

A significant bearish stance on Adobe (NASDAQ:ADBE) has been observed, with 72% of big-money traders showing bearish sentiment. The overall sentiment is based on 25 uncommon options trades, with 13 puts and 12 calls. The targeted price range for Adobe over the last 3 months is from $320.0 to $680.0. Adobe's current price is down by 1.43% at $508.45. Morgan Stanley has upgraded its action to Overweight with a price target of $660.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:45 pm

ABNB

A significant number of investors have taken a bearish stance on Airbnb (NASDAQ:ABNB), with 52% of the investors opening trades with bearish expectations. The majority of the trades spotted are puts, amounting to $2,329,763, compared to calls amounting to $670,129. Whales have been targeting a price range from $100.0 to $160.0 for Airbnb over the last 3 months. The current price of ABNB is down -1.68% at $133.68. Analysts from Mizuho, Wells Fargo, Credit Suisse, Needham, and Baird have maintained their ratings on Airbnb, with price targets ranging from $114 to $165.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:45 pm

AMC

DIS

PENN

PLUG

RIVN

The S&P 500 and Nasdaq Composite saw losses while the Dow Jones gained. July's consumer price index rose to 3.2% in annual inflation, below market expectations. Stifel's Chief Equity Strategist predicts a flat market for the rest of the year. Penn Entertainment Inc announced an exclusive sports betting deal with ESPN, causing a 20% spike in shares, but ended the week with a 4.47% loss. Disney reported a mixed third quarter, with revenue growing 4% annually but below analyst expectations. AMC Entertainment Holdings ended the week 4.37% higher after reporting earnings. Rivian Automotive Inc lost more than 16% of its value this week after reporting losses. Plug Power Inc shares tanked 20.78% despite better-than-expected quarterly results. Canopy Growth, Curaleaf Holdings, and Aurora Cannabis Inc all saw losses after reporting earnings.

Portfolio Pulse from Natan Ponieman

August 11, 2023 | 8:37 pm