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DDOG

A significant number of investors have taken a bearish stance on Datadog (NASDAQ:DDOG), with 73% of detected trades showing bearish expectations. The targeted price range for Datadog over the last 3 months has been $75.0 to $120.0. The current price of DDOG is down -2.42% at $93.13. Several experts have downgraded their ratings on Datadog, with price targets ranging from $90 to $120.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 6:02 pm

CYBR

Over the past 3 months, 18 analysts have published their opinion on CyberArk Software (NASDAQ:CYBR) stock. The company has an average price target of $187.06, up by 5.26% from the previous average price target of $177.71. The majority of the analysts are bullish on the stock.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 6:01 pm

SUM

Summit Materials (NYSE:SUM) has received various analyst ratings in the last quarter, with an average price target of $42.55, indicating a potential upside from its current price of $35.83. The current average has increased by 15.94% from the previous average price target of $36.70.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 6:00 pm

CUBE

CubeSmart (NYSE:CUBE) has received 3 somewhat bullish and 2 indifferent ratings from analysts in the last quarter. The average price target is $48.4, implying an upside from the current price of $41.76. However, this average has decreased by 4.16% from the previous average price target of $50.50.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 6:00 pm

PLAY

Dave & Buster's Enter (NASDAQ:PLAY) has received 4 bullish and 2 somewhat bullish ratings from analysts in the last quarter. The average price target is $60.33, indicating potential upside from the current price of $38.86. The average price target has increased by 3.57% over the past month.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 6:00 pm

AVGO

Over the past 3 months, 21 analysts have published their opinion on Broadcom (NASDAQ:AVGO) stock. The average price target for Broadcom has increased by 15.8% over the past month, with an average price target of $877.95. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 6:00 pm

META

MSFT

NVDA

Nvidia Corporation (NASDAQ:NVDA) reported a strong quarterly performance, exceeding estimates and leading to a 6.5% rise in its shares. The company's success also boosted other Big Tech stocks, including Microsoft and Meta Platforms. Nvidia's adjusted revenue for the quarter was $13.51 billion, surpassing the consensus estimate of $11.22 billion. The company's data center business and gaming segment also exceeded estimates. Nvidia's net income rose to $6.19 billion, or $2.48 a share, from last year's $656 million, or 26 cents a share.

Portfolio Pulse from Upwallstreet

August 24, 2023 | 5:58 pm

AAPL

AMZN

DBX

GOOG

GOOGL

Dropbox Inc (DBX) has announced a policy change to limit its storage to 5 terabytes for its top-tier plans, citing excessive resource use by a minority of users. This follows similar moves by Google (GOOG, GOOGL), Apple (AAPL), and Amazon (AMZN). Dropbox will charge users $8 for each additional terabyte, a shift from their previous unlimited plan priced at $24 monthly. The company reported Q2 earnings of 51 cents per share, beating the consensus of 45 cents, and quarterly sales of $622.50 million, up by 8.70% YoY.

Portfolio Pulse from Anusuya Lahiri

August 24, 2023 | 5:58 pm

ADI

TXN

Analog Devices, Inc (ADI) is facing inventory challenges and mixed reviews from top analysts. Raymond James analyst Melissa Fairbanks reiterated an Outperform on ADI with a price target of $200. Needham analyst N. Quinn Bolton maintained a Hold rating, citing inventory digestion across all end markets and a 4Q guidance below consensus. Oppenheimer analyst Rick Schafer reiterated an Outperform and a $215 price target, despite ADI's soft results and outlook. ADI shares traded lower by 2.17% at $173.63.

Portfolio Pulse from Anusuya Lahiri

August 24, 2023 | 5:53 pm

RIVN

Needham analyst Chris Pierce reiterated a Buy rating on Rivian Automotive Inc (RIVN) with a price target of $31.00. The analyst believes RIVN is successfully addressing key questions in the EV market regarding vehicle demand, manufacturing scale, and cost leverage. Data from Cargurus supports a strong used market for RIVN, and the company has a significant reservation backlog through 2024. Despite the positive outlook, RIVN shares are trading lower by 2.6% at $19.79.

Portfolio Pulse from Shivani Kumaresan

August 24, 2023 | 5:51 pm