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Analyst Ratings

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FSLR

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SHLS

RBC Capital Markets initiated coverage on four solar equipment suppliers, highlighting the sector's growth potential due to favorable public policy and declining costs. Coverage includes First Solar Inc. with an Outperform rating and a $195 price target, Enphase Energy Inc. with a $140 price target, SolarEdge Technologies Inc. with a Sector Perform rating and an $85 price target, and Shoals Technologies Group, Inc. with an Outperform rating and a $20 price target. The analysis points to strong positions in their respective markets and opportunities for expansion.

Portfolio Pulse from Erica Kollmann

February 14, 2024 | 11:41 pm

UPST

Upstart Holdings Inc (NASDAQ:UPST) shares fell after issuing Q1 revenue guidance below estimates, despite beating Q4 consensus with $140.91 million in revenue and a smaller-than-expected loss. Analysts from Piper Sandler, Goldman Sachs, JPMorgan, and Wedbush expressed bearish views, citing macro challenges, delinquency trends, and reliance on third-party funding as concerns. Upstart's loan volumes increased, but loan sizes decreased, with notable progress in product development and lending models.

Portfolio Pulse from Surbhi Jain

February 14, 2024 | 9:00 pm

WCC

WESCO Intl (NYSE:WCC) has been analyzed by 6 analysts, showing a shift towards a more bullish stance in the last three months with an average 12-month price target of $176.5, down 8.26% from the previous $192.40. The company's financial performance indicates positive revenue growth but challenges in profitability and efficiency metrics compared to industry averages. Analysts' ratings and price targets have been adjusted, reflecting their response to WESCO's market conditions and performance.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 9:00 pm

AMD

META

NVDA

TSLA

Susquehanna analyst Christopher Rolland reiterated a Positive rating on Nvidia Corp (NVDA) with a price target of $850, up from $625, ahead of its earnings report on February 21. Rolland expects strong results and guidance, particularly from Data Center GPUs, with solid demand from AI, supported by Meta Platforms Inc (META) and Tesla Inc (TSLA). He also anticipates in-line to slightly better Gaming segment performance, citing data from Advanced Micro Devices, Inc (AMD). However, he flagged concerns over weaker Chinese EV demand impacting Nvidia's Auto segment. Rolland's revenue expectations for Nvidia are $21.5 billion for the fourth quarter, $23 billion for the first quarter, and $99 billion for fiscal 2025.

Portfolio Pulse from Anusuya Lahiri

February 14, 2024 | 8:16 pm

DHR

Recent options trading activity for Danaher (NYSE:DHR) shows a bullish trend, with 66% of trades being bullish and 33% bearish. The trades include 10 calls totaling $540,890 and 2 puts totaling $140,215, indicating a price target range of $95.0 to $310.0. Danaher's stock is slightly up at $241.77, with analysts giving an average target price of $272.4. Citigroup and Raymond James maintain positive ratings, while Barclays has downgraded its rating.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:01 pm

LDOS

Leidos Holdings (NYSE:LDOS) has received diverse analyst ratings over the past quarter, with a recent shift towards more bullish sentiments. The average 12-month price target for LDOS has been raised to $131.4, indicating a 9.05% increase from the previous target. Analysts from Wells Fargo, Baird, RBC Capital, Truist Securities, and Argus Research have all adjusted their ratings and price targets, reflecting optimism about the company's performance. Despite this, LDOS faces challenges with a net margin of -10.18% and a high debt-to-equity ratio of 1.26.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:01 pm

ACN

Analyst ratings for Accenture (NYSE:ACN) over the last quarter show a mix of bullish to bearish sentiments among 7 analysts, with a shift towards more neutral positions in the last 30 days. The average 12-month price target for ACN is now $385.71, marking a 10.68% increase from the previous target of $348.50. Recent analyst actions include ratings and price target adjustments by firms such as Baird, Mizuho, UBS, Morgan Stanley, BMO Capital, and Wedbush, reflecting changes in market conditions and company performance. Accenture's financial indicators, such as market capitalization, revenue growth, net margin, ROE, and ROA, suggest strong market presence and financial health.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:00 pm

WTS

Watts Water Technologies (NYSE:WTS) received neutral to hold ratings from 4 analysts over the last three months, with an average 12-month price target of $197.0, reflecting a 4.65% increase from the previous target. The company, specializing in water conservation and safety products, shows positive revenue growth but trails in net margin and ROE compared to industry averages. Its financial health is strong with an exceptional ROA and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:00 pm

PBLA

Roth MKM has reiterated a 'Buy' rating and a $25 price target for Panbela Therapeutics (PBLA), citing optimism from Ipsen's FDA approval of Onivyde for pancreatic cancer and Panbela's promising early phase results for SBP-101 for the same indication.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 7:52 pm

INTU

Intuit (NASDAQ:INTU) has seen a significant options activity, indicating a divided sentiment among heavyweight investors, with 50% bullish and 50% bearish. The options activity suggests a target price range of $540.0 to $680.0. Current market data shows INTU's price up 1.96% at $650.83, with potential overbought signals. Analyst ratings from Oppenheimer and Keybanc maintain positive outlooks with target prices of $678 and $700, respectively.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 7:31 pm