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Despite positive U.S. inflation data suggesting a supportive environment for risk assets, cryptocurrencies including Bitcoin, Ethereum, and Dogecoin declined. The U.S. CPI data showed a year-over-year increase of 3.2%, with the core rate above 4%. The stock market surged with the Dow Jones, S&P 500, and Nasdaq posting significant gains. Analysts noted Bitcoin is seeking support and may strengthen, while over 15 Bitcoin whales have sold or redistributed holdings as prices rose. Ethereum's fees have increased with its price surge but remain lower than May's average levels.

Portfolio Pulse from Mehab Qureshi

November 15, 2023 | 3:09 am

CVX

Chevron (NYSE:CVX) has received 13 analyst ratings in the last quarter with an average price target of $193.92, which is significantly higher than its current price of $144.45. The ratings include 5 bullish, 3 somewhat bullish, and 5 indifferent, with no bearish ratings. The current average price target has decreased by 2.24% from the previous target of $198.36.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 9:00 pm

ELUT

Elutia (NASDAQ:ELUT) has received 4 analyst ratings in the last quarter, with 1 bullish and 3 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for Elutia is $6.25, with a high of $8.00 and a low of $3.00. This target has decreased by 21.88% from the previous target of $8.00. Analysts rate stocks based on financial statements, meetings, and insider information, but their ratings are opinions and should be considered as such.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 9:00 pm

DCBO

Needham analyst Ryan MacDonald initiated coverage on Docebo Inc (NASDAQ:DCBO) with a Buy rating and a price target of $56. MacDonald highlights Docebo's potential to gain market share and deliver growth and profitability in FY24, citing a differentiated product suite and growth initiatives. Revenue and EPS estimates for FY23 are $180.0 million and $0.58, and for FY24 are $221.4 million and $1.09, respectively. Docebo's Q2 FY23 results exceeded expectations with a 24.8% revenue increase and an adjusted EPS of $0.14. DCBO shares rose 9.35% to $51.64.

Portfolio Pulse from Lekha Gupta

November 14, 2023 | 8:20 pm

TSN

BMO Capital Markets analyst Andrew Strelzik downgraded Tyson Foods, Inc. (TSN) with a lower price target of $46, citing challenges in Beef & Pork margins that may persist through FY25. Tyson's Q4 EPS beat estimates, but the medium-term earnings outlook remains constrained without clear catalysts for recovery. Beef margins are expected to limit EPS, while Chicken profit guidance appears conservative. Pork faces challenges due to lack of vertical integration, and Prepared Foods could be impacted by consumer spending and competitive pressures. TSN shares rose 4.10% to $47.49.

Portfolio Pulse from Nabaparna Bhattacharya

November 14, 2023 | 8:19 pm

GENI

Craig-Hallum analyst Ryan Sigdahl has maintained a Buy rating on Genius Sports (NYSE:GENI) but lowered the price target from $15 to $12.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 8:16 pm

AGTI

Analysts have recently provided their opinions on Agiliti (NYSE:AGTI), with 1 bullish and 3 somewhat bearish ratings over the past 3 months. The average 12-month price target for AGTI is now $9.75, a significant decrease from the previous target of $14.75, indicating a potential downside of 33.9%. This change in target price reflects a more negative outlook from analysts.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 8:01 pm

WULF

TeraWulf (NASDAQ:WULF) has received 7 analyst ratings in the last quarter, with 3 being bullish and 4 somewhat bullish. There were no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for WULF is $3.57, with a high of $4.00 and a low of $3.00. This target has decreased by 20.67% from the previous target of $4.50. Analysts rate stocks based on future earnings potential and the predictability of a company's revenue streams.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 8:00 pm

SHAK

Over the last quarter, Shake Shack (NYSE:SHAK) received 7 analyst ratings, with 1 bullish, 1 somewhat bullish, and 5 indifferent. The 12-month average price target is $67.71, down 6.93% from the previous $72.75, with a high of $85.00 and a low of $59.00. Analysts' ratings are based on financial statements, company calls, and insider information, and provide guidance to investors, though they are subjective opinions.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 8:00 pm

FICO

Over the past quarter, Fair Isaac (NYSE:FICO) received 6 analyst ratings, with 4 being somewhat bullish, 1 indifferent, and 1 somewhat bearish. The 12-month average price target for FICO is $974.83, with a high of $1234.00 and a low of $729.00. This average has slightly decreased by 0.26% from the previous target of $977.33. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 8:00 pm