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U.S. stocks traded lower with the Dow Jones falling around 200 points. The ISM services PMI rose to 54.5 in August, indicating the strongest growth in the services activity in six months. Palisade Bio, FOXO Technologies, and Marin Software saw their shares rise due to various positive developments. However, EZGO Technologies, Akoustis Technologies, and AMC Entertainment saw their shares drop due to negative news.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 4:05 pm

AMC

AMC Entertainment Holdings, Inc (NYSE:AMC) stock plunged over 20% following an agreement to sell up to 40 million shares through an equity distribution agreement with several Wall Street investment banks. This follows two weeks of downward pressure after AMC implemented a 10-1 reverse stock split and converted its preferred equity shares into common stock. The stock could be forming a bearish flag pattern or a bullish double-bottom pattern near the $10.73 mark.

Portfolio Pulse from Melanie Schaffer

September 06, 2023 | 4:01 pm

RGEN

Repligen (NASDAQ:RGEN) has received six analyst ratings in the last quarter, with one being bullish and five somewhat bullish. The average price target for the stock is $187.83, which is higher than its current price of $168.38, implying an upside. This average has increased by 3.58% from the previous average price target of $181.33.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm

ZS

Zscaler Inc (NASDAQ:ZS) reported impressive FQ4 results, surpassing the $2B+ ARR milestone and achieving record operating margins of 18.9%. Analysts from Canaccord Genuity, Needham, Oppenheimer, Truist Securities, and JMP Securities have maintained or reiterated positive ratings, with price targets ranging from $175 to $225. Despite the positive news, Zscaler's shares declined by 0.31% to $162.23.

Portfolio Pulse from Priya Nigam

September 06, 2023 | 4:00 pm

SYNA

Synaptics (NASDAQ:SYNA) has received a mix of bullish and indifferent ratings from 8 analysts over the last quarter. The average price target is $98.75, representing an upside from the current price of $87.855. This average price target is a 1.45% decrease from the previous average price target of $100.20.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm

LMNR

Limoneira (NASDAQ:LMNR) is set to release its latest quarterly earnings report on September 7, 2023. Analysts estimate an earnings per share (EPS) of $0.15. The company's past performance shows a pattern of share price changes following earnings reports. Shares of Limoneira were trading at $15.05 as of September 5, with a 25.33% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm

NOVA

In the last quarter, Sunnova Energy Intl (NYSE:NOVA) received 12 analyst ratings, with 3 bullish, 6 somewhat bullish, and 3 indifferent. The average 12-month price target for the company is $31.17, a decrease of 10.48% from the previous average of $34.82.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm

WDH

Waterdrop (NYSE:WDH) is set to release its latest quarterly earnings report on September 7, 2023. Analysts estimate an earnings per share (EPS) of $0.02. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $1.51 and has seen a 29.06% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has received various analyst ratings in the last quarter, with the majority being bullish. The average price target from these 24 analysts is $211.58, which is significantly higher than the current price of $122.7595. However, this average represents a 13.29% decrease from the previous average price target of $244.00.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm

IT

Gartner Inc.'s stock price is currently at $350.25, after a 0.03% decrease. Over the past month, the stock has increased by 3.50%, and over the past year, by 17.31%. The company's P/E ratio of 30.39 is lower than the IT Services industry average of 42.36, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 4:00 pm