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Analyst Ratings

AAPL

AMC

F

PM

T

The S&P 500 and the Dow Jones Industrial Average ended the week positively, while the Nasdaq fell. AMC Entertainment Holdings Inc. (AMC) shares surged after a court blocked the company's move to convert its APE preferred units into common stock. Philip Morris International Inc. (PM) is set to acquire Israeli med-tech company Syqe Medical for $650 million. Despite weak demand and potential delays for the iPhone 15A, a BofA Securities analyst maintains a neutral rating on Apple Inc. (AAPL), raising the price target from $190 to $210. Shares of AT&T Inc. (T), Verizon Communication Inc. (VZ), Telephone and Data Systems, Inc. (TDS), and Frontier Communication Parent, Inc. (FYBR) plummeted following a Wall Street Journal investigation. Jim Cramer of CNBC's Mad Money has turned skeptical about Ford Motor Co. (F) after its 17% price cut for the F-150 Lightning electric pickup.

Portfolio Pulse from Michael Cohen

July 22, 2023 | 1:32 pm

F

FSR

NKLA

RIVN

TSLA

Tesla's Q2 earnings beat expectations but the stock fell by about 10% due to concerns about the quality of earnings and unclear margin outlook. Rivian is expected to exceed its full-year delivery guidance of 50,000 units, according to Mizuho analyst Vijay Rakesh. Nikola is selling its Phoenix Hydrogen Hub project to Fortescue Future Industries. Fisker confirmed it will produce 100 Fisker Extreme Vigyan Edition, an all-electric SUV, for the Indian market. Ford cut prices of all trims of its F-150 Lightning pickup truck, seen as a preemptive move ahead of Tesla's Cybertruck launch.

Portfolio Pulse from Shanthi Rexaline

July 22, 2023 | 12:19 pm

TSLA

David Trainer, CEO of New Constructs, suggests that Tesla Inc. (NASDAQ:TSLA) is overvalued by more than 1,000%, citing the company's lackluster production figures and shrinking gross profit margin. However, Dan Ives, CEO of Wedbush, remains bullish on Tesla, comparing its position to Apple's in the late 2000s.

Portfolio Pulse from Benzinga Neuro

July 22, 2023 | 12:01 pm

AAPL

BRK

Warren Buffett's investment in Apple Inc. has seen significant growth this year, with Apple's stock price surging nearly 50%. This has resulted in Berkshire Hathaway’s stake in Apple, which consists of about 916 million shares, ballooning to nearly $180 billion. UBS analyst Brian Meredith estimated that Berkshire’s portfolio appreciated by 10.1% between April 1 and July 16 this year, with 75% of that gain due to its Apple position. Meredith suggested that Berkshire’s stock gains have raised its intrinsic value by 5%, meaning its shares now trade at a 15% discount to the company’s underlying worth.

Portfolio Pulse from Benzinga Neuro

July 22, 2023 | 11:04 am

AVGO

NVDA

TSLA

Investing champion David Ryan suggests that Tesla's strong performance might be slowing down, pointing out that the company's stock had made three significant moves since June 21, but the latest move occurred in lower trading volume, followed by a pullback with higher-than-average volume. Portfolio manager Irusha Peiris sold a portion of his Tesla stock when it fell below the 21-day line, expressing disappointment in its performance. After Tesla reported its earnings, the company's shares experienced a sharp drop of nearly 10%, causing it to lose around $90 billion in market capitalization.

Portfolio Pulse from Ananya Gairola

July 22, 2023 | 3:11 am

KEY

KeyCorp (NYSE:KEY) has received various analyst ratings in the last quarter, with 4 bullish, 2 somewhat bullish, 5 indifferent, and 1 somewhat bearish. Over the past 3 months, 12 analysts have offered 12-month price targets for KeyCorp, with an average price target of $12.38, a 5.13% decrease from the previous average price target of $13.05.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:00 pm

HLIT

Harmonic (NASDAQ:HLIT) has received positive analyst ratings in the last quarter, with 8 bullish and 1 somewhat bullish ratings. The company has an average 12-month price target of $21.67, which has increased by 8.35% over the past month.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:00 pm

RSG

In the last quarter, Republic Servs (NYSE:RSG) has received 7 bullish analyst ratings, with no bearish or indifferent ratings. The company's average 12-month price target has increased by 6.29% from $150.00 to $159.43.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:00 pm

RBC

In the last quarter, RBC Bearings (NYSE:RBC) has received 3 bullish and 1 somewhat bullish ratings from analysts. The company has an average 12-month price target of $266.5, with a high of $286.00 and a low of $252.00. The average price target has increased by 0.76% over the past month.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:00 pm

ETR

Over the past 3 months, 7 analysts have published their opinion on Entergy (NYSE:ETR) stock. The company has an average price target of $107.57, a decrease of 6.22% from the previous average price target of $114.71. The ratings are mixed with 1 bullish, 1 somewhat bullish, 2 indifferent, and 3 somewhat bearish.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:00 pm