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SNOW

Ahead of Snowflake's 2QFY24 earnings report, Needham analyst Mike Cikos reiterated a Buy rating with a $216 price target. Investors expect roughly $645 million - $650 million in Product Revenue during 2Q. Cikos expects revenue of $657.95 million in Q2 and an adjusted EPS of $0.12. Citigroup analyst Tyler Radke maintained Snowflake with a Buy and raised the price target from $189 to $191. Guggenheim analyst John Difucci reiterated a Sell and a $105 price target. Difucci expects revenue of $661.6 million in Q2 and an adjusted EPS of $0.04.

Portfolio Pulse from Anusuya Lahiri

August 22, 2023 | 7:03 pm

NKE

A whale investor has taken a bullish stance on Nike (NYSE:NKE), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $75.0 to $165.0 for Nike over the last 3 months. The price of NKE is currently down -1.89% at $100.92, and RSI indicators suggest the stock may be oversold. Nike's next earnings are expected in 37 days.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:01 pm

JNJ

Over the last quarter, Johnson & Johnson (NYSE:JNJ) has received a mix of analyst ratings, with 2 bullish, 4 somewhat bullish, and 6 indifferent. The average price target for JNJ is $177.33, which is higher than its current price of $166.585, implying an upside. This average has increased by 11.7% from the previous average price target of $158.75.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:01 pm

CIEN

Over the past 3 months, 13 analysts have published their opinion on Ciena (NYSE:CIEN) stock. The majority of these ratings are bullish, with an average price target of $57.85, a decrease of 6.24% from the previous average price target of $61.70.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:00 pm

RELY

In the last quarter, Remitly Global (NASDAQ:RELY) received 8 analyst ratings, with 2 being bullish and 6 somewhat bullish. The company has an average 12-month price target of $26.12, which has increased by 19.65% over the past month. No bearish or indifferent ratings were observed.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:00 pm

ATOMUSD

Cosmos Hub's (CRYPTO: ATOM) price has decreased by 3.22% over the past 24 hours to $7.31, continuing its downward trend over the past week of -10.0%. The trading volume for the coin has increased by 26.0% over the past week while the overall circulating supply of the coin has increased by 0.07% to over 292.59 million. The current market cap ranking for ATOM is #30 at $2.14 billion.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:00 pm

SKT

Tanger Factory Outlet (NYSE:SKT) has received mixed analyst ratings in the last quarter, with 1 bullish, 3 indifferent, and 1 somewhat bearish. The average price target is $23.4, indicating an upside from the current price of $22.945. This average has increased by 16.01% from the previous average price target of $20.17.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:00 pm

EPAM

Over the past 3 months, 20 analysts have published their opinion on EPAM Sys (NYSE:EPAM) stock. The average price target for EPAM Sys is $245.55, a decrease of 14.04% from the previous average price target of $285.65. The majority of analysts are indifferent about the stock, with 3 bullish, 2 somewhat bullish, 14 indifferent, and 1 somewhat bearish.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:00 pm

HBARUSD

Hedera's (CRYPTO: HBAR) price has fallen 3.84% to $0.06 in the past 24 hours, continuing its negative trend over the past week with a 13.0% loss. The trading volume for the coin has fallen 63.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.18%. The current market cap ranking for HBAR is #31 at $1.94 billion.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:00 pm

ITCI

Intra-Cellular Therapies (NASDAQ:ITCI) has received 10 analyst ratings in the last quarter, with 3 being bullish and 7 somewhat bullish. The company's average price target has increased by 3.61% from the previous average price target of $75.57 to $78.3.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 7:00 pm