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Analyst Ratings

BTCUSD

Crypto analyst Pentoshi predicts Bitcoin (BTC) could reach $180,000 by the end of 2025, a 277% increase from current levels. This forecast is based on patterns on Bitcoin's three-day chart, the potential approval of spot Bitcoin ETFs, and growing interest from wealthy investors. Pentoshi's outlook hinges on Bitcoin's perceived finite supply and the unlimited nature of fiat money. Currently, Bitcoin trades at $48,164.61, nearing a $1 trillion market cap.

Portfolio Pulse from Bibhu Pattnaik

February 11, 2024 | 7:24 pm

AAPL

MSFT

NVDA

This week in AI featured significant developments including NVIDIA's price forecast increase by Goldman Sachs, the revelation of ChatGPT's secret sauce backed by Microsoft, and AI's role in solving ancient mysteries. NVIDIA's stock is expected to rise due to demand for accelerated computing. Microsoft's involvement with ChatGPT highlights its investment in AI. Additionally, AI startup Midjourney's new hardware division led by a former Apple engineer signifies growth in AI hardware.

Portfolio Pulse from Benzinga Neuro

February 11, 2024 | 5:41 am

IWM

NVDA

SMCI

Todd Gordon of Inside Edge Capital discussed the current state of the stock market on Benzinga’s PreMarket Prep, arguing against the notion of a market bubble despite the rally in tech stocks like Super Micro Computer Inc (SMCI) and NVIDIA Corp (NVDA). He highlighted the strength in tech, driven by technological and AI advancements, as a positive sign for the market. Gordon also addressed concerns regarding small-cap stocks and the iShares Russell 2000 Index (IWM), noting that many small-cap companies are unprofitable and questioning their need to participate in the market rally. He suggested that the market could see some profit-taking and consolidation but remains optimistic about the market's position.

Portfolio Pulse from Aaron Bry

February 10, 2024 | 3:00 pm

DIS

PLTR

PYPL

TSLA

Benzinga's analysis highlights the S&P 500 and Nasdaq 100's positive performance, driven by AI optimism. Treasury Secretary Janet Yellen expressed concerns about digital assets and the commercial real estate sector, advocating for regulatory action and fiscal sustainability. Bullish views were shared on Tesla, Palantir, and a meme coin named Floki, while bearish perspectives focused on the market dominance of tech giants, Disney's diversity policies, and PayPal's conservative outlook for 2024.

Portfolio Pulse from Michael Cohen

February 10, 2024 | 1:39 pm

BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has warned of an impending economic crash and advises investors to buy gold, silver, and Bitcoin. He likens the situation to a pilot's bailout, suggesting these assets could serve as financial parachutes. Geoff Kendrick of Standard Chartered shares a bullish outlook on Bitcoin, predicting it could reach $100,000 by year-end and $200,000 by 2025. Kiyosaki has raised his Bitcoin forecast to $150,000 in anticipation of potential Bitcoin ETF approval.

Portfolio Pulse from Rounak Jain

February 10, 2024 | 8:14 am

NVDA

Nvidia Corporation (NASDAQ:NVDA) has reached a $1.7 trillion market cap, equaling the entire Chinese stock market. This surge, attributed to a $600 billion increase in the last two months, positions Nvidia as the most valuable chipmaker globally. Despite concerns over its valuation, analysts remain optimistic, citing strong near-term results and AI innovations. Nvidia's stock has risen by 239% in 2023 and an additional 41% in 2024, while the Hang Seng index has fallen significantly.

Portfolio Pulse from Ananya Gairola

February 10, 2024 | 7:14 am

BTCUSD

Bitcoin (BTC) has seen a significant recovery, reaching its highest level in 2024 at approximately $47,565. Standard Chartered analyst Geoff Kendrick predicts Bitcoin could hit $100,000 by the end of 2024, attributing the surge to the approval of Bitcoin spot ETFs by the SEC and changing flow dynamics in the ETF market. Kendrick's optimism is supported by the industry, with predictions of Bitcoin reaching $100,000 based on potential inflows post the spot Bitcoin ETF approval.

Portfolio Pulse from Ananya Gairola

February 10, 2024 | 1:43 am

WEX

Truist Securities analyst Andrew Quail maintains a Hold rating on WEX Inc. (NYSE:WEX) and raises the price target from $185 to $220 as of 8th February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 10:08 pm

ZBH

Truist Securities analyst Richard Newitter maintains a Hold rating on Zimmer Biomet Holdings (ZBH) and raises the price target from $133 to $135 as of 8th February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 10:07 pm

TDG

Truist Securities analyst Michael Ciarmoli has maintained a Buy rating on TransDigm Group (TDG) and increased the price target from $1158 to $1267 as of February 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 10:05 pm