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KMX

Analysts from RBC Capital Markets and Needham have lowered their price targets and EPS estimates for CarMax Inc (KMX) due to weaker-than-expected Q2 results, growing affordability issues, and increased competition. KMX's Q2 net revenues were down 13.1% YoY. The decline in Comp Used Vehicle units by 9% was worse than the industry average of 4-5%. KMX's stock is currently trading higher by 2.12%.

Portfolio Pulse from Nabaparna Bhattacharya

September 29, 2023 | 5:13 pm

GETY

NVDA

Benchmark analyst Mark Zgutowicz has reiterated a Buy rating on Getty Images Holdings, Inc. (GETY), raising the price target to $8 from $7. This follows a demo of Getty's Generative AI product, powered by NVIDIA Corporation (NVDA). Zgutowicz expects to see supportive metrics of GenAI demand as early as 4Q earnings. The analyst also expects the partnership with NVIDIA to provide an attractive scale due to NVIDIA's computing and GPU advantages.

Portfolio Pulse from Nabaparna Bhattacharya

September 29, 2023 | 5:11 pm

PIXY

Shiftpixy has announced a delay in the effective date of its planned reverse stock split. The new date has been set to October 16, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 5:07 pm

USO

The U.S. Baker Hughes Oil Rig Count has decreased by 5 from last week to 502, while the U.S. Baker Hughes Gas Rig Count has decreased by 2 from last week to 116.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 5:06 pm

SQ

In the last quarter, 20 analysts have provided ratings for Block (NYSE:SQ), with a majority being bullish or somewhat bullish. The company has an average 12-month price target of $82.0, a decrease of 3.81% from the previous average price target of $85.25.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:00 pm

JBL

Five analysts have given Jabil (NYSE:JBL) bullish or somewhat bullish ratings in the last quarter, with an average price target of $132.6, implying an upside from the current price of $126.155. The average price target has increased by 7.15% over the past month.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:00 pm

LUV

Southwest Airlines (NYSE:LUV) has received mixed analyst ratings in the last quarter, with 6 somewhat bullish, 11 indifferent, 2 somewhat bearish, and 1 bearish. The average 12-month price target for the company is $35.99, a decrease of 12.48% from the previous average of $41.12.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:00 pm

COST

PANW

CNBC's Halftime Report discussed final trades, mentioning Costco (COST) and Palo Alto Networks (PANW).

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 5:00 pm

ACN

Piper Sandler has maintained its Neutral rating for Accenture (NYSE:ACN) but lowered its price target from $312.00 to $300.00. Accenture's shares are currently trading at $302.00, up 0.41% over the last 24 hours. A move to $300.00 would represent a 0.66% decline from the current share price.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:00 pm

SNA

Snap-on (NYSE:SNA) has received mostly bullish ratings from analysts in the last quarter, with 3 bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target for the stock is $322.8, an increase of 8.08% over the past month.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:00 pm