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ILMN

Over the past 3 months, 14 analysts have published their opinion on Illumina (NASDAQ:ILMN) stock. The company has an average price target of $203.64, representing a 15.47% decrease from the previous average price target of $240.91.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

WBTCUSD

In the past 24 hours, Wrapped Bitcoin's (CRYPTO: WBTC) price rose by 5.61% to $28,511.00, continuing its positive trend over the past week with a 2.0% gain. The trading volume for the coin has increased by 106.0% over the past week, while the overall circulating supply of the coin has decreased by 0.3%. The current market cap ranking for WBTC is #16 at $4.61 billion.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

ALNY

Over the past 3 months, 26 analysts have published their opinion on Alnylam Pharmaceuticals (NASDAQ:ALNY) stock. The company has an average price target of $259.65, a decrease from the previous average price target of $272.36. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

PH

Parker Hannifin (NYSE:PH) has outperformed the market over the past 5 years by 10.55% on an annualized basis, producing an average annual return of 20.11%. If an investor had bought $1000 of PH stock 5 years ago, it would be worth $2,476.68 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

ETN

Eaton Corp (NYSE:ETN) has outperformed the market over the past 15 years by 5.95% on an annualized basis, producing an average annual return of 16.58%. If an investor had bought $100 of ETN stock 15 years ago, it would be worth $928.48 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

DENN

Denny's (NASDAQ:DENN) has received 2 bullish and 3 indifferent analyst ratings in the last quarter. The average price target is $12.6, representing an upside from the current price of $8.2. This average price target is a 16.0% decrease from the previous average price target of $15.00.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

TRXUSD

TRON's (CRYPTO: TRX) price has increased 3.23% over the past 24 hours to $0.09. Over the past week, TRX has experienced an uptick of over 2.0%. The trading volume for the coin has increased 64.0% over the past week, while the overall circulating supply of the coin has decreased 0.27%. The current market cap ranking for TRX is #11 at $7.87 billion.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

ARKK

ARKQ

ARKW

GOOG

NVDA

TSLA

Ark Invest CEO Cathie Wood has expressed preference for Tesla over Nvidia as the top AI play for the next five years. Wood believes Tesla has more upside than Nvidia, despite the latter's 220% year-to-date increase in 2023. She sees potential for Tesla's revenue and margin expansion, particularly with future autonomous efforts. Wood also mentioned that Nvidia might face pressure on future growth due to its already realized margin expansion. Ark Invest sold its stake in Nvidia in January 2023, missing out on a significant move for the tech stock.

Portfolio Pulse from Chris Katje

October 16, 2023 | 6:58 pm

PGR

Raymond James analyst C. Gregory Peters has reiterated an Outperform rating on Progressive Corporation (PGR) and raised the price target from $145 to $165. The company reported better-than-expected September 2023 results, leading to its shares touching a new all-time high. The analyst believes PGR is well-positioned to outperform in 2023 due to its competitive position and technology solutions.

Portfolio Pulse from Shivani Kumaresan

October 16, 2023 | 6:57 pm

INTC

Goldman Sachs analyst Toshiya Hari reiterated a Sell rating on Intel Corp (NASDAQ:INTC) with a price target of $28. Hari updated the earnings model and discussed critical debates with investors ahead of Intel's Q3 2023 earnings release. Despite recognizing Intel's improving PC and enterprise server demand, improved execution, and potential benefits from cost optimization initiatives, Hari remained Sell-rated on the stock. He reduced FY23, FY24, and FY25 non-GAAP gross margins and EPS estimates due to stronger headwinds from the ramp of new products on new process technologies.

Portfolio Pulse from Anusuya Lahiri

October 16, 2023 | 6:55 pm