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SHOP

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Solana (CRYPTO: SOL) has seen a significant increase of over 20% in the past week, outperforming Bitcoin and Ethereum. The cryptocurrency has been in the spotlight due to the Jito airdrop and its use in NFTs and blockchain gaming. Partnerships with Visa (NYSE:V) and Shopify (NYSE:SHOP) for payment solutions have also been highlighted. Despite a challenging 2022, Solana has rebounded in 2023, with a 550% increase year-to-date. An investment of $100 in Solana now could potentially return 256.3% if SOL reaches its all-time high of $260.07.

Portfolio Pulse from Chris Katje

December 09, 2023 | 4:58 pm

BTCUSD

DOGEUSD

ETHUSD

Crypto expert Michaël van de Poppe predicts a bullish two months for altcoins, highlighting Pepe coin (PEPE) as a potential successor to Dogecoin (DOGE). He sees momentum in Ethereum (ETH) and layer-2 blockchains Optimism (OP) and Arbitrum (ARB), advising to buy on dips. Pepe coin is currently trading at $0.000002, and van de Poppe suggests a buying strategy similar to Dogecoin's past success. He also recommends entry points for OP and ARB, indicating a bullish Q1 for these assets.

Portfolio Pulse from Rounak Jain

December 09, 2023 | 9:20 am

BTCUSD

Bitcoin has seen a significant rally, increasing by 165% year-to-date, fueled by expectations of a spot Bitcoin ETF approval and macroeconomic factors. Crypto analyst CrediBULL Crypto predicts Bitcoin will surpass $50,000 by next week. Another analyst, Skew, observed strong demand for Bitcoin despite a decrease in Open Interest. However, CryptoQuant's Julio Moreno warns that Bitcoin may be overheating. CryptoCon predicts a potential rise to $47,000-$48,000, followed by consolidation, and a cycle top in December 2025 at around $130,000, but also suggests a possible pullback to the $31,000-$32,000 range. Currently, Bitcoin is up 2.5% to $44,394.

Portfolio Pulse from Khyathi Dalal

December 08, 2023 | 10:39 pm

BDC

Belden (NYSE:BDC) has received 4 bullish analyst ratings in the last quarter, with no neutral or bearish ratings. The 12-month price targets for Belden have an average of $97.5, with a high of $115.00 and a low of $79.00. The average price target has seen a slight increase of 0.52% over the past month. Analyst ratings are based on information from company calls, financial statements, and insider conversations, and they provide guidance on stock performance.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:00 pm

LRCX

QCOM

QRVO

Morgan Stanley upgraded its semiconductor industry view to Attractive and is bullish on Qorvo, upgrading the stock from Equal Weight to Overweight with a new price target of $134. The firm downgraded Qualcomm to Equal Weight, raising the price target to $132, citing challenges in market share and growth. Lam Research was also downgraded to Equal Weight with a price target of $720, though it remains the firm's top pick in the semi-cap space.

Portfolio Pulse from Neil Dennis

December 08, 2023 | 8:59 pm

DG

Piper Sandler analyst Peter Keith has maintained a Neutral rating on Dollar General (NYSE:DG) and increased the price target from $114 to $127.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 8:48 pm

DOCU

Piper Sandler analyst Rob Owens has maintained a Neutral rating on DocuSign (NASDAQ:DOCU) but has reduced the price target from $57 to $50.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 8:46 pm

WFC

Piper Sandler analyst Scott Siefers has maintained a Neutral rating on Wells Fargo (NYSE:WFC) and increased the price target from $45 to $47.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 8:44 pm

USB

Piper Sandler analyst Scott Siefers has maintained an Overweight rating on U.S. Bancorp (NYSE:USB) and increased the price target from $38 to $44, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 8:42 pm

TFC

Piper Sandler analyst Stephen Scouten has maintained a Neutral rating on Truist Financial Corporation (NYSE:TFC) but increased the price target from $31 to $34.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 8:40 pm