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GMED

Analysts have provided various ratings for Globus Medical (NYSE:GMED) within the last quarter, with 2 bullish, 2 somewhat bullish, and 4 indifferent. The average 12-month price target for the company is $68.75, a decrease of 0.07% from the previous average price target of $68.80.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 12:01 pm

ENOV

Over the past 3 months, 4 analysts have given their opinion on Enovis (NYSE:ENOV) stock. The majority of these ratings have been bullish, with an average 12-month price target of $71.25, which has increased by 6.34% over the past month.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 12:00 pm

ATEC

In the last quarter, Alphatec Holdings (NASDAQ:ATEC) received 5 bullish and 1 somewhat bullish ratings from analysts. The average price target for the stock is $22.0, which is significantly higher than its current price of $12.0. This average price target has increased by 20.55% from the previous average of $18.25.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 12:00 pm

FLNC

Analysts have provided various ratings for Fluence Energy (NASDAQ:FLNC) within the last quarter, with a total of 12 ratings. The average price target is $30.67, indicating an upside from the current price of $18.9. The average price target has increased by 1.86% over the past month.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 12:00 pm

HPE

Hewlett Packard Enterprise Co (HPE) shares are trading lower after the company provided its long-term and FY24 outlook at its recent investor day. The company reaffirmed its FY23 outlook for revenue growth at 4%-6% and adjusted EPS at $2.11-$2.15. However, it lowered the adjusted operating profit growth outlook to about 4%. For FY24, the company guided revenue growth of 2%-4% and adjusted EPS of $1.82-$2.02. HPE also plans to return 65%-75% of free cash flow to shareholders over the next three years.

Portfolio Pulse from Lekha Gupta

October 20, 2023 | 11:57 am

AXP

American Express Co (NYSE:AXP) reported Q3 revenue of $15.38 billion, a 12% YoY increase, beating the consensus of $15.36 billion. EPS of $3.30 also surpassed the consensus of $2.94. Card Member spending grew 7% on an FX-adjusted basis, driven by double-digit U.S. Consumer and International Card Member spending growth. Total Network Volumes increased 7% YoY to $420.2 billion. The company is on track to achieve its annual revenue growth and EPS guidance.

Portfolio Pulse from Anusuya Lahiri

October 20, 2023 | 11:54 am

SEDG

SolarEdge Technologies Inc (NASDAQ:SEDG) reported weak preliminary Q3 results, leading to a reduction in its revenue outlook and a fall in its share price. Following this, analysts from Deutsche Bank, Roth MKM, and Goldman Sachs have downgraded the stock and lowered their price targets.

Portfolio Pulse from Lisa Levin

October 20, 2023 | 11:52 am

AMZN

Amazon has denied allegations by the Federal Trade Commission (FTC) that it deceived subscribers to its Amazon Prime service. The FTC accused Amazon of using 'dark patterns' to trick consumers into enrolling in automatically renewing Prime subscriptions. Amazon's attorneys have requested a U.S. judge to dismiss the lawsuit, insisting that the Prime sign-up and cancellation processes are transparent. Amazon shares traded lower by 0.19% premarket on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

October 20, 2023 | 11:47 am

BHLB

Berkshire Hills Bancorp (NYSE:BHLB) reported Q3 adjusted earnings of $0.45 per share, missing the analyst consensus estimate of $0.49 by 8.16%. This is a 27.42% decrease from the same period last year. The company also reported quarterly sales of $90.30 million, missing the analyst consensus estimate of $94.82 million by 4.77%. This is a 1.94% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 11:44 am

CTSH

CYTK

KNX

NOK

NVDA

SEDG

TDOC

TIGO

UNP

WDFC

Top Wall Street analysts have updated their outlooks on several stocks. Cytokinetics (CYTK) and WD-40 Company (WDFC) had their price targets raised by HC Wainwright & Co. and DA Davidson respectively. Citigroup lowered the price target for Teladoc Health (TDOC) and Goldman Sachs slashed the price target for SolarEdge Technologies (SEDG). JP Morgan and Citigroup increased the price targets for Knight-Swift Transportation (KNX) and Cognizant Technology Solutions (CTSH) respectively. HSBC cut the price target for Millicom International Cellular (TIGO), Keybanc slashed the price target for NVIDIA Corporation (NVDA), and Raymond James lowered the price target for Nokia (NOK). Deutsche Bank raised the price target for Union Pacific Corporation (UNP).

Portfolio Pulse from Lisa Levin

October 20, 2023 | 11:42 am