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PDCO

Over the past 3 months, 4 Wall Street analysts have provided ratings for Patterson Companies (NASDAQ:PDCO), with an average 12-month price target of $32.75, a high of $35.00, and a low of $30.00. The current average price target represents a 12.27% decrease from the previous target of $37.33. The consensus among the analysts is largely indifferent, with 3 indifferent ratings and 1 somewhat bullish rating in the last 30 days.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 7:00 pm

SNPS

Synopsys, Inc (NASDAQ:SNPS) sees a record backlog of $8.6 billion in Q4, with analysts from Needham, KeyBanc Capital Markets, and Stifel raising their price targets due to the company's strong performance and fundamental strength. Synopsys reported a 25% year-over-year increase in quarterly revenue at $1.599 billion and provided an FY24 outlook with 13% revenue growth and operating margin expansion. The company is exploring strategic alternatives for its Software Integrity business and maintains a strong position in the EDA and IP sectors, particularly for AI startups. Despite trading lower, analysts justify the premium valuation due to the company's recurring business model and industry-leading profitability.

Portfolio Pulse from Nabaparna Bhattacharya

November 30, 2023 | 6:58 pm

FIVE

JP Morgan analyst Matthew Korn has maintained an Overweight rating on Five Below (NASDAQ:FIVE) and increased the price target from $210 to $212.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:53 pm

KKR

JMP Securities analyst Brian McKenna has maintained a Market Outperform rating on KKR & Co (NYSE:KKR) and increased the price target from $80 to $87.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:52 pm

CRM

JMP Securities analyst Patrick Walravens has maintained a Market Outperform rating on Salesforce (NYSE:CRM) and increased the price target from $275 to $293.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:49 pm

AMC

CNK

IMAX

MUSQ

Tina Knowles defended Beyonce against accusations of skin bleaching related to her 'Renaissance Tour' and concert film debut in AMC Theatres. The film is expected to gross $40 million worldwide this week. The music industry is projected to grow significantly, with streaming leading the way. The MUSQ Global Music Industry ETF, which includes companies like Amazon, Apple, Alphabet, Sony, and Spotify, is showing a potential bull flag pattern, indicating a possible upward move.

Portfolio Pulse from Melanie Schaffer

November 30, 2023 | 6:47 pm

SNOW

Mizuho analyst Gregg Moskowitz has maintained a Buy rating on Snowflake (NYSE:SNOW) and increased the price target from $180 to $210.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:30 pm

AAPL

GOOG

GOOGL

The U.K. Court of Appeal has overturned a previous ruling that supported Apple Inc's appeal, reinstating the Competition and Markets Authority's (CMA) investigation into mobile browsers and cloud gaming markets. This could impact Apple (AAPL) and Alphabet Inc (GOOG, GOOGL). The CMA's investigation, which Apple challenged, aims to protect consumers and promote competition. The investigation remains on hold pending a potential appeal to the Supreme Court. AAPL shares fell by 0.52% after the news.

Portfolio Pulse from Anusuya Lahiri

November 30, 2023 | 6:30 pm

DOGE-USD

Dogecoin (CRYPTO: DOGE), launched in 2013 as a satirical cryptocurrency, has seen significant returns for early investors. With support from Elon Musk and Mark Cuban, and being accepted by companies and exchanges, Dogecoin's value surged, especially in 2021. An initial $1,000 investment in 2013 would be worth $274,807.88 today, and was worth up to $2,464,416.97 at its peak in May 2021.

Portfolio Pulse from Chris Katje

November 30, 2023 | 6:28 pm

GM

General Motors Co (NYSE:GM) announced a $10 billion share buyback program and a 33% dividend increase, alongside reissued full-year guidance with lower earnings expectations of $11.7-$12.7 billion, down from $12-$14 billion. The guidance adjustment is due to extra labor costs from a UAW settlement. Goldman Sachs raised GM's price target from $42 to $45 with a Buy rating, emphasizing the need for progress in EVs, software, and autonomy. Wedbush maintained an Outperform rating but lowered its target from $46 to $40.

Portfolio Pulse from Neil Dennis

November 30, 2023 | 6:24 pm