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Analyst Ratings

PAC

Grupo Aeroportuario del (NYSE:PAC) reported Q3 earnings of $3.00 per share, beating the analyst consensus estimate of $2.93 by 2.39%. This is a 15.38% increase from the same period last year. However, the company's quarterly sales of $395.74 million missed the analyst consensus estimate of $450.60 million by 12.17%, but still represented an 18.55% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 6:51 am

AAPL

META

MSFT

NVDA

Apple Inc. (AAPL) is lagging behind competitors Meta Platforms Inc. (META) and Microsoft Corporation (MSFT) in the generative AI race, according to analyst Ming-Chi Kuo. Apple's plans to procure 2,000 to 3,000 AI servers in 2023 and 18,000 to 20,000 units in 2024 represent only 1.3% and 5% of global AI server shipments respectively, falling short compared to Meta's planned purchase of 40,000 AI servers next year. Kuo suggests that Apple would need to invest several billion dollars annually to catch up with its competitors.

Portfolio Pulse from Ananya Gairola

October 24, 2023 | 5:49 am

ARKK

ARKQ

ARKW

TSLA

Despite Tesla's recent price cuts and economic uncertainty leading to cautious investor sentiment, Ark Investment Management remains optimistic about the company. Concerns have been raised about the production ramp-up of the Cybertruck and the impact of rising interest rates on consumer purchasing power. However, Ark believes Tesla is 'years ahead' of competition in producing cost-effective, high-performance electric vehicles. Tesla remains the top holding of two of Ark's major ETFs, ARK Innovation ETF and the ARK Autonomous Technology & Robotics ETF, and the fifth biggest holding in the ARK Next Generation Internet ETF.

Portfolio Pulse from Shanthi Rexaline

October 24, 2023 | 5:35 am

BTCUSD

Crypto analyst CrediBULL Crypto predicts that the current bull market is just the beginning, as Bitcoin surpasses $34,000. The analyst believes that the largest market moves occur when the Relative Strength Index (RSI) surpasses the overbought threshold on higher time frames. This comes as Bitcoin's price surge coincides with the progress of the highly anticipated spot Bitcoin ETF by BlackRock, known as the iShares Bitcoin Trust.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 5:21 am

GE

General Electric (GE) is expected to report higher Q3 earnings of 56 cents per share, up from 35 cents per share a year ago. However, the company's revenue might decrease to $15.7 billion from $18.62 billion in the year-ago period. Several analysts have recently updated their price targets for GE, with the highest target set at $135 by Citigroup.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 5:15 am

ETH

SOL

Crypto analyst Bluntz predicts a major breakout for Solana (CRYPTO: SOL) and a potential rally for Ethereum (CRYPTO: ETH). He believes that if Solana breaks its multi-month accumulation range resistance, it could trigger a substantial price increase. He also noted that Ethereum has upheld its $1,550 support level and presented a bullish higher-low setup, which could signal an impending rally.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 3:35 am

DIS

NFLX

Elon Musk has expressed agreement with criticisms of 'woke' narratives in television shows, potentially impacting Netflix Inc. (NASDAQ:NFLX) and Walt Disney Co’s (NYSE:DIS) Disney+. Musk, who co-founded OpenAI, has also voiced his belief in the potential of AI in content creation. Earlier this year, Musk assembled a team of AI researchers and developers to create a rival to ChatGPT, an AI software that he has criticized for being too 'woke'.

Portfolio Pulse from Ananya Gairola

October 24, 2023 | 2:46 am

BTCUSD

Investor Peter Schiff warns of potential risks for Bitcoin speculators, particularly in light of the recent enthusiasm around a possible Bitcoin ETF approval. Schiff believes that the current buying frenzy might soon be overshadowed by a wave of selling. This warning comes amidst a bullish run for Bitcoin, which recently topped $33,000.

Portfolio Pulse from Benzinga Neuro

October 24, 2023 | 12:58 am

TXRH

Analysts have given Texas Roadhouse (NASDAQ:TXRH) mixed ratings over the last quarter, with 3 bullish, 1 somewhat bullish, and 4 indifferent. The average price target is $116.12, indicating potential upside from the current price of $95.99. However, this average has decreased by 1.8% from the previous target of $118.25.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 9:01 pm

FMC

Analysts have provided various ratings for FMC Corporation (NYSE:FMC) over the last quarter, with a total of 3 bullish, 4 somewhat bullish, and 4 indifferent ratings. The average price target given by these 11 analysts is $100.36, which is significantly higher than the current price of $58.12. However, this average has decreased by 14.64% from the previous average price target of $117.57.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 9:00 pm