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CSIQ

Five analysts have given their ratings on Canadian Solar (NASDAQ:CSIQ) in the last quarter, with two being bullish, one somewhat bullish, and two indifferent. The average price target is $44.2, which is a 7.92% decrease from the previous average price target of $48.00. The current price of Canadian Solar is $22.49.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

EVRI

Over the past three months, four analysts have published their opinion on Everi Hldgs (NYSE:EVRI) stock, all of them being bullish. The average price target is $20.25, implying an upside from the current price of $11.62. However, this average represents a 16.49% decrease from the previous average price target of $24.25.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

BIDU

Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years, producing an average annual return of 17.18%. If an investor had bought $100 of BIDU stock 15 years ago, it would be worth $920.39 today.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

EXR

Extra Space Storage (NYSE:EXR) has outperformed the market over the past 15 years, producing an average annual return of 17.57%. If an investor had bought $100 of EXR stock 15 years ago, it would be worth $1,088.34 today. The company currently has a market capitalization of $25.10 billion.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

ENPH

In the last quarter, Enphase Energy (NASDAQ:ENPH) received various analyst ratings, with a majority being bullish or somewhat bullish. The company's average 12-month price target is $172.79, a decrease of 19.27% from the previous average of $214.04.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

STEP

StepStone Group (NASDAQ:STEP) has received indifferent ratings from 5 analysts in the last quarter, with an average price target of $30.2, slightly below the current price of $30.25. The average price target has increased by 8.63% over the past month.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

ETHUSD

On Tuesday, 1,927.03 Ether (ETH) worth $3,023,046 was burned from Ethereum transactions. This is a result of the Ethereum blockchain's EIP-1159 upgrade implemented on August 5th, 2021, which changed the fee model and burns a base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was 0.78%.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

BAC

BMO Capital Markets analyst James Fotheringham has reiterated the Market Perform rating on Bank Of America Corporation (NYSE:BAC), raising the price target to $40 from $39. Despite this, the analyst sees more reliable return potential from other U.S. FIG stocks. BAC's 3Q23 revenue and credit beat led to a raise in estimates by as much as +3%. BAC expects quarterly NII to trough in 1H24, growing modestly in 2H24. The analyst raised BAC core EPS estimates for 2023, 2024, and 2025.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2023 | 5:56 pm

FYBR

Benchmark analyst Matthew Harrigan has reiterated a Buy rating for Frontier Communications Parent, Inc (NASDAQ:FYBR) with a $35 price target. This follows Jana Partners' accumulation of a new position in the company and suggestion for Frontier to sell itself. Harrigan believes this highlights FYBR's chronic undervaluation. He also mentioned the potential for further copper conversions with government subsidy benefits that could provide up to $15 potential upside not included in the price target. However, he admits this is unlikely to be realized until later in the decade. Frontier is the largest pure-play fiber provider in the U.S. and is expected to generate over $3.0 billion in 2023 fiber top line, increasing 12%+ annually to more than $5.4 billion in 2028.

Portfolio Pulse from Anusuya Lahiri

October 18, 2023 | 5:50 pm

TSLA

Tesla shares are trading lower ahead of the company's Q3 earnings report, which is due to be released after the close today.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 5:50 pm