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Analyst Ratings

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies traded mixed on Monday with the global cryptocurrency market cap declining 0.3% to $1.2 trillion. Bitcoin was marginally higher, Ethereum was down, and Dogecoin was down 2.27%. Analysts are awaiting the Consumer Price Inflation report due on August 13 for further market direction. Cryptocurrency trader Michaël van de Poppe suggested that it's a time to accumulate more if possible. Chainlink whales have purchased 14 million LINK over the past week, worth over $100 million.

Portfolio Pulse from Shivdeep Dhaliwal

August 08, 2023 | 2:51 am

ACCD

DKNG

GENI

IONS

PACB

QSI

RXRX

TXG

Ark Invest, led by Cathie Wood, made significant trades on August 7, 2023. The most notable was the acquisition of shares in Pacific Biosciences of California (PACB) following its impressive Q2 financial results. Ark also reduced its exposure to DraftKings (DKNG) and Genius Sports (GENI), despite DraftKings' strong Q2 results. Other trades included buying shares of Recursion Pharmaceuticals (RXRX), Accolade Inc (ACCD), and Quantum (QSI), and selling shares of Ionis Pharmaceuticals (IONS) and 10x Genomics (TXG).

Portfolio Pulse from Benzinga Neuro

August 08, 2023 | 2:00 am

VTGN

Maxim Group analyst Jason McCarthy has upgraded Vistagen Therapeutics (NASDAQ:VTGN) from Hold to Buy and announced a $30 price target.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:10 pm

ATVI

MSFT

TSLA

Tesla CEO Elon Musk praised Diablo IV, a video game title from Activision Blizzard Inc (NASDAQ:ATVI), which saw huge sales figures. Diablo IV sold more than 10 million copies and broke several company records during its second-quarter financial results. Activision Blizzard reported net bookings growth of 50% year-over-year in the second quarter. The company is in the process of being acquired by Microsoft Corp (NASDAQ:MSFT). Musk's love of video games could play into the inclusion of Tesla Arcade, a platform that allows the playing of video games inside Tesla Inc (NASDAQ:TSLA) vehicles.

Portfolio Pulse from Chris Katje

August 07, 2023 | 9:34 pm

QTRX

Quanterix (NASDAQ:QTRX) reported Q2 earnings per share of $(0.16), beating the analyst consensus estimate of $(0.38) by 57.89%. This is a 76.12% increase over losses from the same period last year. The company also reported quarterly sales of $31.03 million, beating the analyst consensus estimate of $25.92 million by 19.71%. This is a 32.04% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:16 pm

ARTNA

Artesian Resources (NASDAQ:ARTNA) reported Q2 earnings of $0.44 per share, beating the analyst consensus estimate of $0.37 by 18.92%. However, this is a 16.98% decrease from the same period last year. The company's quarterly sales of $25.25 million missed the analyst consensus estimate of $26.00 million by 2.88%, but it's a 0.96% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:12 pm

BSY

Bentley Systems (NASDAQ:BSY) has received 11 analyst ratings in the last quarter, with 1 being bullish, 8 somewhat bullish, and 2 indifferent. The average 12-month price target for the company is $53.64, a 10.83% increase from the previous average of $48.40.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 9:00 pm

FSR

Over the past 3 months, 4 analysts have published their opinion on Fisker (NYSE:FSR) stock, with 2 being bullish and 2 being bearish. The company has an average price target of $7.75, representing a 19.86% decrease from the previous average price target of $9.67.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 9:00 pm

ANGI

In the last quarter, Angi (NASDAQ:ANGI) received three somewhat bullish ratings and one indifferent rating from analysts. The company's average 12-month price target has increased by 54.0% from the previous average of $3.00 to $4.62.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 9:00 pm

ORA

Analysts have provided various ratings for Ormat Technologies (NYSE:ORA) in the last quarter, with 1 bullish, 2 somewhat bullish, and 3 indifferent. Over the past 3 months, 6 analysts have offered 12-month price targets for Ormat Technologies, with an average price target of $92.17, a decrease of 0.89% from the previous average price target of $93.00.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 9:00 pm