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SHOO

In the last quarter, Steven Madden (NASDAQ:SHOO) received 4 bullish and 2 indifferent analyst ratings. The average 12-month price target for the company, according to 6 analysts, is $39.83, a decrease of 3.63% from the previous average of $41.33.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 12:01 pm

SPSC

In the last quarter, SPS Commerce (NASDAQ:SPSC) has received 6 bullish ratings and 1 indifferent rating from analysts. The average 12-month price target for the company has increased by 24.3% to $199.29, with a high of $205.00 and a low of $175.00.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 12:00 pm

FORM

FormFactor (NASDAQ:FORM) has received 4 bullish and 2 indifferent analyst ratings in the last quarter, with an average price target of $40.17, indicating an upside from the current price of $33.11. The average price target has increased by 13.15% over the past month.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 12:00 pm

ACON

AVGR

BETS

CATX

CNXA

CYBN

DTOC

ELUT

FLJ

GRTX

LIFW

LLAP

NEPT

NVOS

RKLB

SLQT

SNTI

SXTP

TTOO

WORX

Shares of several companies including Connexa Sports Technologies, Elutia, Galera Therapeutics, Senti Biosciences, Neptune Wellness Solutions, Aclarion, Cybin, Avinger, SelectQuote, and Bit Brother Limited are trading higher in pre-market. Elutia's shares rose after the sale of its Orthobiologics business unit to Berkeley Biologics. Galera scheduled a meeting with the FDA to discuss next steps for its radiotherapy avasopasem. Neptune Wellness announced intention to spinout Sprout Organics. Cybin shares surged after hedge fund owner Steve Cohen invested $19 million in the company. On the other hand, shares of Digital Transformation Opportunities Corp., Rocket Lab USA, Novo Integrated Sciences, 60 Degrees Pharmaceuticals, Terran Orbital Corporation, Perspective Therapeutics, MSP Recovery, T2 Biosystems, SCWorx Corp., and FLJ Group Limited are trading lower in pre-market.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:59 am

DELL

PTCT

VTLE

Several analyst forecasts were released on Tuesday, with price target changes for multiple companies. Notable changes include Raymond James increasing the price target for Vital Energy, Inc. (VTLE) from $54 to $67, B of A Securities slashing PTC Therapeutics, Inc. (PTCT) price target from $43 to $23, and Daiwa Capital boosting Dell Technologies Inc. (DELL) price target from $50 to $80.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:53 am

AMZN

MRNA

PINS

Insiders at Amazon, Electronic Arts, Pinterest, and Moderna have recently sold significant amounts of shares. Amazon's Senior Vice President sold 42,816 shares, Electronic Arts' Chief Legal Officer sold 1,000 shares, Pinterest's Chief People Officer sold 45,153 shares, and Moderna's President sold 15,000 shares. The reasons for these sales are not explicitly stated, but they could be due to a variety of factors, including personal financial planning or concerns about the company's prospects.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:45 am

UPH

Trading of UpHealth's shares has been halted due to pending news. The nature of the news is not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 11:38 am

APOG

AZO

NIO

QQQ

SPY

US stock futures are holding onto slight gains as the Federal Reserve meeting begins. The market is expected to remain cautious as traders anticipate the Fed's future rate trajectory. Stocks showed little movement on Monday, although they ended slightly higher. Wharton Professor Jeremy Siegel predicts a positive market momentum towards the end of the year. In premarket trading, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF saw slight gains. United States Steel Corporation, Nio, Inc., Apogee Enterprises, Inc., and AutoZone, Inc. are in focus.

Portfolio Pulse from Shanthi Rexaline

September 19, 2023 | 11:20 am

TSLA

Toyota Motor Corporation (NYSE:TM) has unveiled its next-generation BEV production line's preparation status, with plans for commercialization in 2027-28. The company is also developing a production line for next-generation batteries (bipolar lithium-ion batteries) to be commercialized in 2026-27. Toyota is focusing on carbon neutrality in manufacturing and believes it can compete with Tesla, Inc. (NASDAQ:TSLA) by merging advanced technology with lean production techniques.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2023 | 11:18 am

AAPL

Honor's CEO, George Zhao, has criticized Apple's iPhone 15 series for lacking innovation, particularly in its physical design. Zhao's disappointment stems from Apple's continued production of traditional bar phones, while Honor has been launching innovative foldable phones. Despite his critique, Zhao expects the iPhone 15 series to perform well in the market.

Portfolio Pulse from Benzinga Neuro

September 19, 2023 | 11:16 am