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Analyst Ratings

ACI

AMZN

KR

WMT

Walmart Inc (WMT) is intensifying its competition with Amazon.com Inc (AMZN) in the e-commerce sector, with its Walmart+ service gaining traction as a rival to Amazon Prime. Walmart+ saw a 15% increase in membership in July, and its transactions are growing faster than Amazon's, potentially indicating a shift in expenditure from other grocery companies like Kroger Co (KR) and Albertsons Co Inc (ACI). Walmart's e-commerce revenue in the U.S. grew to 11%-12% over the last two years.

Portfolio Pulse from Anusuya Lahiri

August 17, 2023 | 5:41 pm

APPF

J.P.Morgan analyst Alexei Gogolev initiated coverage on AppFolio Inc (NASDAQ:APPF) with an Overweight rating and a price target of $200. The analyst believes APPF is an attractive play in the U.S. real estate market amid high-interest rates and increased vacancies from newly constructed residential properties. APPF posted Q2 FY23 revenues of $147.1 million, beating the consensus of $143.8 million, and EPS of $0.23, beating the consensus of $0.12.

Portfolio Pulse from Lekha Gupta

August 17, 2023 | 5:38 pm

BBWI

Zacks Surprise Trader has mentioned Bath & Body Works (BBWI) in their stock recommendations.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 5:30 pm

AUTL

GILD

Truist has raised the price target for Autolus Therapeutics PLC (NASDAQ:AUTL) from $6 to $9 with a Buy rating on Obe-cel's prospects. The analyst sees Obe-cel as a potential new standard of care for acute lymphoblastic leukemia (ALL), superior to Tecartus sold by Kite Pharma, a Gilead Sciences Inc (NASDAQ:GILD) subsidiary. Autolus is expected to get its first CAR-T approved next year. The analyst increased Obe-cel market penetration to 60% and forecasts peak sales of $300 million.

Portfolio Pulse from Vandana Singh

August 17, 2023 | 5:22 pm

DDOG

Datadog (DDOG) has been picked by a popular retail investor newsletter, which could potentially increase its visibility and attractiveness to retail investors.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 5:11 pm

QQQ

SPY

Michael Burry, known for his bearish bet on the U.S. housing market, has taken a contrarian view to the current market rally, buying 20,000 put options each on the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust Series 1 (QQQ). This indicates his belief that the markets might be at a peak and could be due for a correction. However, Mark Chaikin, founder and CEO of Chaikin Analytics, disagrees with Burry's bearish stance, stating that the current market structure is strong and unlikely to see a full 10% downturn.

Portfolio Pulse from AJ Fabino

August 17, 2023 | 5:05 pm

EW

Over the past 3 months, 12 analysts have published their opinion on Edwards Lifesciences (NYSE:EW) stock. The analysts have an average price target of $101.5 versus the current price of Edwards Lifesciences at $77.725, implying an upside. The current average has increased by 0.82% from the previous average price target of $100.67.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 5:01 pm

ETR

Analysts have provided mixed ratings for Entergy (NYSE:ETR) in the last quarter, with 2 somewhat bullish, 2 indifferent, and 3 somewhat bearish. The average 12-month price target for Entergy is $107.57, a 5.4% decrease from the previous average of $113.71.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 5:01 pm

ZM

Over the last quarter, Zoom Video Comms (NASDAQ:ZM) has received 1 bullish and 6 indifferent analyst ratings. The average 12-month price target for the company is $80.57, representing a 1.14% decrease from the previous average price target of $81.50.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 5:00 pm

HAL

UBS has maintained its Buy rating for Halliburton (NYSE:HAL) and increased its price target from $49.00 to $52.00. This new target price represents a 31.3% increase from the current share price. Halliburton's shares have risen by 0.8% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 5:00 pm