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Analyst Ratings

BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad', has warned of a potential financial crash due to the upcoming BRICS meeting. He suggests that the meeting could be a turning point for the fiat currency system, as the BRICS nations are reportedly considering a gold-backed common currency. Kiyosaki advises investing in gold, silver, and Bitcoin (CRYPTO: BTC) as a hedge against the potential downfall of fiat currencies.

Portfolio Pulse from Benzinga Newsbot

July 13, 2023 | 5:05 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin traded lower despite positive inflation data in the Consumer Price Index (CPI) report for June. The U.S. consumer prices recorded a 0.2% increase in June, lower than the expected 0.3% rise. Analysts foresee a potential downward correction for Bitcoin, with its value possibly falling below the critical $28,000 mark. On-chain analytics firm, Santiment, noted that sharks and whales are closely monitoring the Bitcoin price range of $30,000 to $31,000 and accumulating stablecoins such as USDP and DAI, suggesting a higher probability of significant cryptocurrency purchases in the near future.

Portfolio Pulse from Mehab Qureshi

July 13, 2023 | 2:40 am

INMD

Babylon Capital has highlighted Inmode (NASDAQ:INMD), a medical technology company, as an undervalued high-quality business with long-term potential. The company has a strong balance sheet, impressive growth, and high return metrics. Despite being a young mid-cap business, it has the potential to significantly impact the value of a portfolio, especially if it gains approvals for the use of its technology in non-aesthetic applications.

Portfolio Pulse from Dimitry Nakhla

July 12, 2023 | 10:11 pm

AI

MSFT

SPY

The launch of OpenAI's ChatGPT chatbot and subsequent $10 billion investment by Microsoft Corp (NASDAQ:MSFT) led to increased valuations for AI stocks, particularly C3.ai Inc (NYSE:AI). C3.ai, a leading enterprise AI software provider, reported $266.8 million in revenue in the last fiscal year and is projected to hit profitability by the end of fiscal year 2024. A $1,000 investment in C3.ai shares the day after ChatGPT went live would be worth $3,114.48 today, outperforming both Microsoft and the SPDR S&P 500 ETF Trust (NYSE:SPY).

Portfolio Pulse from Chris Katje

July 12, 2023 | 9:54 pm

FOX

FOXA

Wells Fargo has downgraded Fox Corp's stock from Equal Weight to Underweight and lowered the price target from $35 to $31 due to concerns about viewership pressures and negative earnings outlook. Fox News, a significant contributor to Fox's earnings, has seen a 19% decline in viewership from January to June. The analyst also highlighted potential threats from ESPN's direct-to-consumer plans and the rising cost of sports rights for broadcasters.

Portfolio Pulse from AJ Fabino

July 12, 2023 | 9:19 pm

BLDR

Builders FirstSource (NYSE:BLDR) has received mostly bullish analyst ratings in the last quarter, with an average 12-month price target of $135.2, a high of $175.00, and a low of $95.00. The average price target has increased by 17.31% over the past month. Analysts determine these ratings based on the company's predicted future earnings and the risk associated with its revenue streams.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:01 pm

BZH

In the last quarter, Beazer Homes USA (NYSE:BZH) received two bullish and two indifferent ratings from analysts. The average 12-month price target for the company, according to four analysts, is $25.25, with a high of $31.00 and a low of $20.00. This average price target has increased by 21.69% over the past month.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:01 pm

TFC

Analysts have provided various ratings for Truist Finl (NYSE:TFC) within the last quarter, with a total of 2 bullish, 4 somewhat bullish, and 6 indifferent ratings. The average 12-month price target for Truist Finl is $41.25, representing a 9.93% decrease from the previous average price target of $45.80.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:00 pm

IBM

In the last quarter, IBM received 1 bullish, 2 somewhat bullish, and 6 indifferent analyst ratings. The average 12-month price target for IBM is $144.89, a decrease of 2.87% from the previous average of $149.17.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:00 pm

DOW

Over the past 3 months, 10 analysts have published their opinion on Dow (NYSE:DOW) stock. The average price target for Dow is $54.4, a decrease of 4.36% from the previous average price target of $56.88. The majority of analysts are indifferent about the stock, with 7 out of 10 giving it a neutral rating.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:00 pm