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Analyst Ratings

BTCUSD

Kevin Kelly, co-founder and Head of Research at Delphi Digital, has suggested that the cryptocurrency market is about to enter a new cycle. He highlighted the predictability of crypto market cycles, using Bitcoin as a reference. He noted that Bitcoin price peaks often coincide with indications of the ISM (Institute for Supply Management) topping out. Kelly also discussed the significance of Bitcoin's halving event and potential risks, including a possible modest selloff or price consolidation.

Portfolio Pulse from Murtuza Merchant

August 15, 2023 | 5:49 pm

SAN

Banco Santander Inc. (NYSE:SAN) shares are currently trading at $3.85, after a 0.77% drop. Over the past month, the stock decreased by 2.04%, but over the past year, it spiked by 45.83%. The company's P/E ratio is 6.13, lower than the Banks industry average of 9.04, indicating that the stock might be undervalued or could perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:45 pm

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PENN

Penn Entertainment Inc has entered into a 10-year licensing deal with Walt Disney Co to launch the ESPN Bet platform. However, Ark Invest's research associate Andrew Kim is skeptical about Penn's ability to challenge the dominance of DraftKings and FanDuel in the sports betting market. DraftKings is a key holding in three of the Ark Invest ETFs. Ark Invest also owns shares of Genius Sports Ltd, a data provider for sports betting and sports media companies.

Portfolio Pulse from Chris Katje

August 15, 2023 | 5:41 pm

GOL

Gol Intelligent Airlines' shares are trading lower following a downgrade from Citigroup from Buy to Neutral. Citigroup also announced a $4.2 price target for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 5:37 pm

PBF

PBF Energy's stock has been downgraded from Buy to Neutral by B of A Securities, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 5:36 pm

CDNA

Raymond James has upgraded CareDx's stock to Outperform, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 5:28 pm

DH

Analysts have provided various ratings for Definitive Healthcare (NASDAQ:DH) within the last quarter, with 4 bullish, 1 somewhat bullish, and 2 indifferent. The average price target is $13.64, implying an upside from the current price of $10.5. This average has decreased by 2.57% from the previous average price target of $14.00.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:01 pm

PARA

Paramount Global (NASDAQ:PARA) has received mixed analyst ratings in the last quarter, with 7 bullish, 2 indifferent, and 5 bearish. The average price target is $20.14, implying an upside from the current price of $15.37.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:01 pm

AGL

Over the past 3 months, 5 analysts have published their opinion on Agilon Health (NYSE:AGL) stock. The average price target is $25.7, implying an upside from the current price of $17.97. This represents a 17.76% decrease from the previous average price target of $31.25.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:00 pm

APP

Truist Securities has maintained its Buy rating for AppLovin (NASDAQ:APP) and increased its price target from $35.00 to $45.00. AppLovin's shares are currently trading down 0.92% at $39.38 per share. A move to $45.00 would represent a 14.26% increase from the current share price.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:00 pm