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MDB

Over the past 3 months, 29 analysts have published their opinion on MongoDB (NASDAQ:MDB) stock. The average price target for MongoDB has increased by 38.3% from the previous average price target of $282.12 to $390.17. The ratings are derived from company conference calls, financial statements, and conversations with insiders.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 12:00 pm

MAN

Over the past 3 months, 5 analysts have published their opinion on ManpowerGroup (NYSE:MAN) stock. The company has an average price target of $85.6, a decrease from the previous average price target of $88.67. The ratings are mixed with 1 bullish, 1 somewhat bullish, and 3 indifferent.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 12:00 pm

META

Meta Platforms Inc's Instagram-linked app Threads is facing a user exodus, with daily active users dropping to 23.6 million from a peak of 49 million in July. The company is focusing on improving performance and introducing new features rather than increasing user engagement. Threads' relationship with Instagram initially boosted its popularity, but users were disappointed by the required Instagram account deletion to ditch Threads. Meta's shares are trading higher by 0.19% at $303.10 premarket on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

July 21, 2023 | 11:58 am

DRI

MDB

ON

WGO

Insiders at ON Semiconductor, MongoDB, Winnebago Industries, and Darden Restaurants have recently sold shares. ON Semiconductor's CEO sold 20,000 shares, MongoDB's Director sold 1,000 shares, Winnebago's President sold 300,000 shares, and Darden Restaurants' Director sold 33,000 shares. These sales could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 11:58 am

EQIX

Wells Fargo analyst Eric Luebchow has downgraded Equinix (NASDAQ:EQIX) from Overweight to Equal-Weight, while maintaining the price target at $810.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 11:58 am

ISRG

Intuitive Surgical, Inc. (NASDAQ:ISRG) reported better-than-expected Q2 earnings of $1.42 per share, beating market estimates of $1.33 per share. The company's quarterly sales were $1.756 billion, higher than the expected $1.74 billion. Despite the positive earnings report, the company's shares fell 4.2% to $333.00 in pre-market trading. Analysts from Wells Fargo and RBC Capital have increased their price targets on Intuitive Surgical following the earnings announcement.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 11:56 am

CMA

Comerica's Q2 earnings results exceeded expectations, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 11:56 am

BABA

FXI

KWEB

Alibaba Group Holding Limited (NASDAQ:BABA) stock is trading higher following China's 31-point plan to provide more robust support for private firms. The plan addresses issues like market entry, fair competition, financing support, payment defaults, intellectual property rights, and legal protection. Alibaba is also focusing on its generative AI endeavors and organizational restructuring to unlock higher shareholder value. Chinese ETFs IShares China Large-Cap ETF (NYSE:FXI) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) are also trading higher.

Portfolio Pulse from Anusuya Lahiri

July 21, 2023 | 11:48 am

DHI

D.R. Horton, Inc (NYSE:DHI) reported a 10.7% YoY sales growth to $9.725 billion in Q3 FY23, beating the consensus of $8.39 billion. The company also raised its FY23 outlook to $34.7 billion-$35.1 billion from the previous $31.5 billion-$33 billion. Following the earnings announcement, Barclays and JMP Securities increased their price targets on D.R. Horton, while Credit Suisse maintained a neutral rating.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 11:47 am

CNVS

DUO

LOV

MOBQ

The article lists four oversold stocks in the communication services sector that may present buying opportunities. These include Cineverse Corp. (NASDAQ:CNVS), Fangdd Network Group Ltd. (NASDAQ:DUO), Spark Networks SE (NASDAQ:LOV), and Mobiquity Technologies, Inc. (NASDAQ:MOBQ). All four stocks have an RSI value below 30, indicating they are oversold.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 11:46 am