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EGHT

Analysts have provided ratings for 8x8 (NASDAQ:EGHT) in the last quarter, with 5 bullish and 2 indifferent ratings. The company has an average 12-month price target of $5.11, a decrease of 18.24% from the previous average price target of $6.25.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 12:01 pm

FTNT

22 analysts have given their ratings on Fortinet (NASDAQ:FTNT) over the last quarter. The average price target is $82.18, compared to the current price of $58.81. The majority of the ratings are bullish or somewhat bullish, with no bearish ratings. The average price target has increased by 0.01% over the past month.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 12:00 pm

BNTX

BioNTech (NASDAQ:BNTX) has received 15 analyst ratings in the last quarter, with 6 being bullish and 9 indifferent. The average price target is $142.13, indicating an upside from the current price of $117.61. The average price target has increased by 4.68% over the past month.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 12:00 pm

NXGN

NextGen Healthcare (NASDAQ:NXGN) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 2 indifferent ratings. The average 12-month price target for the company, according to 5 analysts, is $20.2, an increase of 6.32% from the previous average of $19.00.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 12:00 pm

BZUN

Chinese e-commerce solutions provider Baozun Inc reported a Q2 FY23 revenue growth of 9.3% YoY to $319.97 million, missing the consensus of $345.95 million. Non-GAAP EPS loss per ADS was $(0.01) vs. the consensus loss of $(0.03). The company's stock has lost 36% year-to-date. BZUN shares traded higher by 2.71% at $3.79 premarket on the last check Monday.

Portfolio Pulse from Anusuya Lahiri

August 28, 2023 | 12:00 pm

NSANY

RNLSY

RNSDF

Renault SA is planning to list its electric vehicle business unit, Ampere, on the stock market in spring 2024. The automaker is targeting November 1 of this year for Ampere to be separated from the rest of the company. As part of a restructured alliance with Nissan Motor Co Ltd, Nissan has committed to invest up to Є600 million in Ampere.

Portfolio Pulse from Shivani Kumaresan

August 28, 2023 | 11:57 am

ATR

HWKN

INTR

The article identifies three overbought stocks in the materials sector that may be overvalued: Inter & Co, Inc. (NASDAQ:INTR), AptarGroup, Inc. (NYSE:ATR), and Hawkins, Inc. (NASDAQ:HWKN). All three companies recently posted positive earnings, but their high Relative Strength Index (RSI) values suggest they may be overbought.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 11:53 am

AMH

ATO

CHD

CHWY

CIEN

INTU

IPSC

NKE

OKTA

PSTG

WDAY

Several analyst forecasts were released on Monday, with price target changes for Church & Dwight Co., Atmos Energy Corporation, Chewy, Inc., NIKE, Inc., Pure Storage, Inc., Okta, Inc., Intuit Inc., Workday, Inc., Ciena Corporation, Century Therapeutics, Inc., and American Homes 4 Rent. The changes ranged from upgrades to downgrades, with corresponding price target adjustments.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 11:50 am

CBSH

FNKO

FWRD

Insiders at NiSource Inc., Forward Air Corporation, Commerce Bancshares, Inc., and Funko, Inc. have recently made notable purchases of their companies' stocks. NiSource's CEO acquired shares worth around $1.06 million, despite the company posting weaker-than-expected quarterly earnings. Forward Air's COO bought shares as ClearBridge Investments urged the company to reconsider its intention to buy Omni Logistics. Commerce Bancshares' Director bought shares following the company's upbeat quarterly results. Funko's 10% owner bought shares after the company reported a second-quarter earnings miss and issued weak guidance.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 11:49 am

Hawaiian Electric Industries Inc's (NYSE:HE) stock is soaring after the company released a detailed response to a lawsuit filed by the County of Maui regarding fires in August. The company's records confirm that no electricity flowed in its power lines near the fire's location when it ignited. The company's shares are up 36.5% at $13.19 during the premarket session.

Portfolio Pulse from Vandana Singh

August 28, 2023 | 11:41 am