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CTAS

FEMY

IMVT

NEWP

RNAZ

SLNO

UNFI

U.S. stocks traded lower with the Nasdaq Composite falling more than 1%. Cintas Corporation reported better-than-expected earnings for its first quarter and raised its FY24 revenue and EPS outlook. Soleno Therapeutics, Femasys Inc., and Immunovant saw significant stock increases, while TransCode Therapeutics, United Natural Foods, and New Pacific Metals saw decreases. Crude oil moved higher while gold, silver, and copper fell.

Portfolio Pulse from Lisa Levin

September 26, 2023 | 4:04 pm

ETSY

In the last quarter, Etsy (NASDAQ:ETSY) received 20 analyst ratings, with the majority being bullish. The average 12-month price target for Etsy is $111.9, representing a 4.92% decrease from the previous average price target of $117.69.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:01 pm

GKOS

8 analysts have provided ratings for Glaukos (NYSE:GKOS) in the last quarter, with an average price target of $86.0, indicating an upside from the current price of $77.33. The current average has increased by 18.9% from the previous average price target of $72.33.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:01 pm

ESS

Essex Property Trust (NYSE:ESS) has received various analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, and 8 indifferent. The average price target is $253.3, compared to its current price of $215.51, implying an upside. The average price target has increased by 4.0% over the past month.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:00 pm

LYFT

Over the past 3 months, 9 analysts have published their opinion on Lyft (NASDAQ:LYFT) stock. The average price target is $13.33, implying an upside from the current price of $9.92. However, this average has decreased by 22.99% from the previous average price target of $17.31.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:00 pm

AAPL

TSLA

The S&P 500 has confirmed a head and shoulders topping pattern, suggesting a potential further downside to $4100. Key stocks like Apple, Inc. (NASDAQ:AAPL) and Tesla Inc. (NASDAQ:TSLA) have shown signs of distribution, contributing to less bullish breadth conditions. The bearish tone is expected to continue into the coming week, with the recent selloff partly attributed to the Fed meeting and Powell's press conference.

Portfolio Pulse from David Keller

September 26, 2023 | 4:00 pm

MYNZ

In the last quarter, Mainz Biomed (NASDAQ:MYNZ) received 5 analyst ratings, with 2 being bullish and 3 somewhat bullish. The company has an average 12-month price target of $8.6, which has increased by 1.18% over the past month.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:00 pm

WDAY

Over the past 3 months, 30 analysts have published their opinion on Workday (NASDAQ:WDAY) stock. The company has an average price target of $259.77, which has increased by 7.49% from the previous average price target of $241.66. The majority of the analysts are somewhat bullish on the stock.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:00 pm

NIO

NIO Inc's shares are trading higher after a significant drop on Monday due to a Bloomberg report suggesting the company was considering raising around $3 billion from Middle East investors. NIO clarified that it had no 'reportable capital raising activity' beyond its convertible notes offering. The European Union has launched an anti-subsidy probe into Chinese EVs, including NIO, to determine the extent of China's subsidies to these automakers.

Portfolio Pulse from Adam Eckert

September 26, 2023 | 3:56 pm

VLKAF

VWAGY

Volkswagen AG is reducing the production of several electric vehicle models at two German plants due to a decrease in European demand. The production of Volkswagen's ID.3 and Cupra's Born electric models will be reduced at the main EV plant in Zwickau until Oct. 16, and assembly of the ID.3 will stop in Dresden for the first two weeks of October.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 3:55 pm