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PCG

PG&E (NYSE:PCG) has received various analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and 3 indifferent. The average 12-month price target for PG&E, according to 8 analysts, is $17.88, an increase of 2.76% from the previous average of $17.40.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

FERG

Ferguson (NYSE:FERG) has received positive analyst ratings in the last quarter, with 2 bullish and 4 somewhat bullish ratings. The average price target for the stock is $179.83, indicating an upside from the current price of $164.28. The average price target has increased by 6.09% over the past month.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

SFTBF

SSNLF

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WDC

Western Digital Corp's stock is trading lower after reports that SK Hynix opposed the company's deal with Kioxia Holdings. SK Hynix, which has an indirect stake in Kioxia, is unwilling to negotiate the integration of the semiconductor division of Toshiba Corp. Western Digital and Kioxia are planning a merger to create a holding company for their NAND flash memory chips operations. Western Digital shareholders will own over 50% of the new company.

Portfolio Pulse from Anusuya Lahiri

October 17, 2023 | 6:00 pm

FBIN

Fortune Brands (NYSE:FBIN) has received positive analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and 1 indifferent. The average price target is $80.83, indicating potential upside from the current price of $60.77. The average price target has increased by 0.82% over the past month.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

AROC

Archrock (NYSE:AROC) has received positive analyst ratings in the last quarter, with 1 bullish and 3 somewhat bullish ratings. The average 12-month price target for the company, according to 4 analysts, is $15.75, marking a 14.55% increase over the past month.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

TEL

TE Connectivity (NYSE:TEL) has outperformed the market over the past 15 years, producing an average annual return of 13.0%. If an investor had bought $1000 of TEL stock 15 years ago, it would be worth $6,065.66 today.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 20 years by 2.44% on an annualized basis, producing an average annual return of 9.89%. If an investor had bought $1000 of SYK stock 20 years ago, it would be worth $6,637.51 today.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

BAC

Bank of America Corp (BAC) reported a 10% YoY increase in net income to $7.8 billion and a 2.9% YoY increase in revenue to $25.32 billion for Q3. However, CEO Brian Moynihan warned of a slowdown in consumer spending, which has decelerated in a 'healthy but slowing economy'. The growth rate of consumer spending, which was close to 10% from 2021 to 2022, has now slipped to 4-4.5%.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 5:55 pm

GM

General Motors Co (NYSE:GM) plans to delay the production of electric pickup trucks at its Orion, Michigan, facility by a year to late 2025. The decision is aimed at aligning with the changing demand for electric vehicles. GM shares are trading higher by 0.91% at $30.33.

Portfolio Pulse from Shivani Kumaresan

October 17, 2023 | 5:46 pm

BIDU

A significant number of investors have taken a bearish stance on Baidu (NASDAQ:BIDU), with 61% of detected trades showing bearish expectations. The targeted price range for Baidu over the last 3 months is from $110.0 to $200.0. The current price of BIDU is down -3.13% at $121.0. Bernstein has maintained their Outperform rating on Baidu, with a price target of $168.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 5:46 pm