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CSCO

Cisco Systems, Inc. (CSCO) is anticipated to release its Q3 earnings on May 15, with expected earnings of 83 cents per share and projected quarterly revenue of $12.5 billion. The company, known for its dividends, offers a 3.33% yield, equating to 40 cents a share quarterly. To earn $500 monthly from dividends, an investor would need to own approximately 3,750 shares, valued around $180,225. The article also explains how dividend yields fluctuate with stock prices and dividend payments.

Portfolio Pulse from Avi Kapoor

May 13, 2024 | 1:08 pm

DTST

Data Storage Corporation (NASDAQ:DTST), a provider of business continuity solutions, has expanded its CloudFirst subsidiary into the UK by opening a new office in London. This move is part of the Company's strategy to serve a global clientele and increase its international footprint.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:06 pm

AGS

MSDL

PENN

SEDG

TXN

Top Wall Street analysts have downgraded their ratings on several stocks, including Texas Instruments, SolarEdge Technologies, PENN Entertainment, Morgan Stanley Direct, and PlayAGS, with adjustments to their price targets.

Portfolio Pulse from Avi Kapoor

May 13, 2024 | 1:06 pm

NVDA

Chinese regulators have instructed local technology companies to reduce their purchases of NVIDIA chips, according to a report from The Information. This move could potentially impact NVIDIA's sales and market presence in China, one of the largest markets for semiconductor products.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:03 pm

V

Analysts have provided diverse opinions on Visa (V) with a recent average price target of $309.93, reflecting a 3.92% increase from the previous target. The company's financial performance shows strong profitability and market position, despite revenue growth lagging behind industry peers.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 1:01 pm

MTSI

Analysts have updated their ratings and price targets for MACOM Technology Solutions (MTSI), showing a positive outlook with an average 12-month price target of $118.57, reflecting an 18.57% increase from the previous target. The updates include raised price targets from analysts at Jefferies, Benchmark, Craig-Hallum, Barclays, Needham, Stifel, and Evercore ISI Group, indicating a bullish sentiment towards MTSI's future performance.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 1:00 pm

JANX

Analyst ratings for Janux Therapeutics (NASDAQ:JANX) have shown a positive shift with an average 12-month price target of $68.89, up 85.19% from the previous $37.20. The ratings range from bullish to bearish, with recent actions including raises and maintains by notable analysts. Janux Therapeutics, a clinical-stage biopharmaceutical company, has seen a decline in revenue growth by -13.5% as of December 31, 2023, but maintains strong financial indicators such as net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 1:00 pm

TXN

Recent analyst evaluations of Texas Instruments (NASDAQ:TXN) show a diverse range of opinions, with a total of 17 analysts offering insights that vary from bullish to bearish. Over the last three months, sentiments have shifted, with the latest ratings indicating a more cautious outlook. The average 12-month price target for TXN has been raised to $185.24, reflecting a 6.66% increase from the previous target of $173.67. This adjustment is based on various analysts' actions, including raising and lowering price targets and changing ratings. Texas Instruments, a major player in the semiconductor industry, faces revenue challenges with a -16.4% growth over three months but maintains strong financial health indicators such as a high net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 1:00 pm

CSCO

Cisco Systems (NASDAQ:CSCO) has been evaluated by 9 analysts over the last three months, showing a mix of opinions. The majority are neutral, with recent price target adjustments reflecting a positive outlook. The average 12-month price target is now $52.89, up 6.31% from $49.75. Financial performance analysis reveals a -5.89% revenue decline over the past 3 months, yet Cisco maintains strong profitability metrics, including a net margin of 20.59% and an ROE of 5.76%.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 1:00 pm

NFLX

SPY

Netflix Inc (NASDAQ:NFLX) receives an optimistic outlook from JPMorgan ahead of its Upfront presentation on May 16, with a focus on ad tier updates and potential NFL game hosting. Analyst Doug Anmuth maintains an Overweight rating with a $650 price target, citing revenue outlook comfort, subscriber reporting changes, and lower AI-driven capex intensity compared to competitors. Netflix's ad tier growth, driven by bundles, pricing, and marketing, is highlighted as a key revenue driver for the future. The company's stock has rebounded post-earnings, outperforming the S&P 500 as represented by the iShares S&P 500 ETF (NYSE:SPY).

Portfolio Pulse from Surbhi Jain

May 13, 2024 | 12:52 pm