First Trust Nasdaq Bank ETF (NASDAQ: FTXO)

Dernières nouvelles pour First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

First Trust Nasdaq Bank ETF

Financial Services

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Bank Of America Corp.

Ice Mini Msci Eafe Index

Citigroup Inc.

Us Bancorp

Wells Fargo & Co.

Citizens Financial Group Inc.

First Citizens BancShares Inc/NC

M&T Bank Corp

Pnc Financial Services Group Inc.

Fifth Third Bancorp

Huntington Bancshares Inc./Oh

HSBC analyst Rajesh Kumar downgrades IQVIA Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IQV#NYSE">IQV</a>) from Buy to Hold and lowers the price target from $260 to $160.

News

Downgrades

Price Target

Analyst Ratings

HSBC Downgrades IQVIA Hldgs to Hold, Lowers Price Target to $160

Baird analyst Robert Oliver maintains VeriSign (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSN#NASDAQ">VRSN</a>) with a Outperform and raises the price target from $275 to $285.

VRSN

Baird Maintains Outperform on VeriSign, Raises Price Target to $285

Baird maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Outperform and lowers the price target from $785 to $700.

Baird Maintains Outperform on Tyler Technologies, Lowers Price Target to $700

HSBC analyst Sidharth Sahoo downgrades Align Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) from Buy to Hold and lowers the price target from $290 to $170.

ALGN

HSBC Downgrades Align Technology to Hold, Lowers Price Target to $170

Trading in shares of ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) is quiet on Friday. This comes after Thursday's rally of more than 15%. The company reported earnings of $4.04 per share, which was ahead of consensus estimates of $3.83.
If the stock keeps moving ahead, there is a good chance it can stall out around the $1,000 level. This is why our team of technical analysts has made it our Stock of the Day.
You can see on the chart that this level was support in November, January and February.
Round levels, such as $1,000, are called psychological levels by traders. From a fundamental point of view, meaning considering earnings, there is no valid reason why the $1,000 level is important. But people like to place orders at nice round levels and that gives them importance.
Now that the price of the stock is lower, many of the people who bought shares regret doing so. Some of them have vowed to exit their positions if and when they can eventually do so at breakeven.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="566" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-1024x566.png" alt="" class="wp-image-889103" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-1024x566.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-768x424.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one.png 1495w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Also: <a href="https://www.benzinga.com/25/04/44988897/china-trade-war-4-big-brand-stocks-that-will-suffer-most">China Trade War: 4 Big-Brand Stocks That Will Suffer Most</a>
As a result of this, if the stock rallies back up to around $1,000, these remorseful buyers will place sell orders. If there is a significant number of these sell orders, it will form resistance at the price that had been support.
This could put a top on the move higher.
Support turning into resistance is a common occurrence in markets. This dynamic can be seen on the chart with the $868 level. It was support in October, and then it became a resistance level in March.
Sometimes, if a stock is trending higher, a trader may have trouble deciding where to sell it. Savvy traders let the market tell them where to place their orders.
If the price gets close to a level that was support in the past, there is a good chance it finds resistance at it. This would be a logical place to consider selling.
Read Next: • <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/45007990/stay-big-sell-rips-hartnett-doubts-bull-market-without-3-key-catalysts">&#8216;Stay BIG, Sell Rips&#8217;: Hartnett Doubts Bull Market Without 3 Key Catalysts</a>
Photo: JHVEPhoto / Shutterstock

Technicals

Tech

Trading Ideas

Stock Of The Day: Where Will The ServiceNow Rally End?

Baird analyst Joe Vruwink maintains SPS Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) with a Neutral and raises the price target from $154 to $159.

SPSC

Baird Maintains Neutral on SPS Commerce, Raises Price Target to $159

UBS analyst Timothy Chiodo maintains Fiserv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) with a Buy and lowers the price target from $265 to $255.

UBS Maintains Buy on Fiserv, Lowers Price Target to $255

Baird analyst Tristan Gerra maintains Knowles (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KN#NYSE">KN</a>) with a Outperform and raises the price target from $18 to $22.

Baird Maintains Outperform on Knowles, Raises Price Target to $22

UBS analyst Brian Meredith maintains Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) with a Buy and raises the price target from $557 to $606.

BRK/B

UBS Maintains Buy on Berkshire Hathaway, Raises Price Target to $606

Baird analyst RJ Milligan maintains Agree Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) with a Outperform and raises the price target from $76 to $80.

Baird Maintains Outperform on Agree Realty, Raises Price Target to $80

Baird analyst Luke Junk maintains Visteon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VC#NASDAQ">VC</a>) with a Neutral and raises the price target from $76 to $86.

Baird Maintains Neutral on Visteon, Raises Price Target to $86

UBS analyst Brian Meredith maintains Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) with a Buy and raises the price target from $836135 to $909218.

BRK/A

UBS Maintains Buy on Berkshire Hathaway, Raises Price Target to $909218

Baird analyst Mircea Dobre maintains United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) with a Neutral and raises the price target from $535 to $571.

Baird Maintains Neutral on United Rentals, Raises Price Target to $571

Baird analyst Luke Junk maintains Gentherm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THRM#NASDAQ">THRM</a>) with a Neutral and raises the price target from $27 to $28.

THRM

Baird Maintains Neutral on Gentherm, Raises Price Target to $28

AutoNation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AN#NYSE">AN</a>) shares traded higher on Friday in the premarket session after the <a href="https://www.benzinga.com/pressreleases/25/04/n45004199/autonation-reports-first-quarter-2025-results" target="_blank" rel="noreferrer noopener">company reported first-quarter results</a>.
The company reported first-quarter adjusted earnings per share of $4.68, beating the analyst consensus estimate of $4.42. Quarterly sales of $6.69 billion outpaced the street view of $6.62 billion.
Quarterly revenues were up 4% on a same-store basis, driven by new vehicle growth of 10%.
Gross profit increased 2% year over year to $1.219 billion while operating income fell 1% year over year to $336 million.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44963985/automakers-are-struggling-with-tariffs-and-ev-competition-say-analysts" rel="noreferrer noopener">Automakers Are Struggling With Tariffs And EV Competition, Say Analysts</a>
The company&#8217;s after-sales gross margin expanded by more than <a href="https://s22.q4cdn.com/689426802/files/doc_earnings/2025/q1/presentation/Q1-2025-IR-Presentation.pdf" target="_blank" rel="noopener">140 basis points</a> due to improved parts and labor rates, increased capacity utilization, and higher-value orders.
Same-store gross profit rose to $1.2 billion, up 3% from last year.
Used vehicle gross profit increased by $13 million to $123 million, as unit profit improved to $1,672 from $1,478.
This gain in used vehicle profit was slightly offset by a 2% decline in unit sales.
Adjusted operating margin in the quarter under review was flat sequentially.
AutoNation exited the quarter with cash and equivalents of $70.5 million and inventories of $3.231 billion.
Read Next:
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<li><a href="https://www.benzinga.com/25/04/45006474/skechers-posts-weak-revenue-joins-intel-gilead-sciences-and-other-big-stocks-moving-lower-in-fridays-pre-market-session" target="_blank" rel="noreferrer noopener">Skechers Posts Weak Revenue, Joins Intel, Gilead Sciences And Other Big Stocks Moving Lower In Friday&#8217;s Pre-Market Session</a></li>
</ul>
Photo: Shutterstock

Earnings

Equities

Guidance

Markets

Movers

General

AutoNation Races Ahead: Stock Pops On Q1 Sales Beat, Margin Strength

UBS analyst Alex Kramm maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Neutral and raises the price target from $76 to $82.

NDAQ

UBS Maintains Neutral on Nasdaq, Raises Price Target to $82

Baird analyst David Manthey maintains Republic Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>) with a Neutral and raises the price target from $232 to $245.

Baird Maintains Neutral on Republic Services, Raises Price Target to $245

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) <a href="https://www.benzinga.com/topic/retail" target="_blank" rel="noreferrer noopener">merchants have raised</a> prices on necessities and bestselling items, including clothing, jewelry, household items, office supplies, electronics, and toys.
The price hikes came after President Donald Trump&#8216;s tariffs prompted the sellers to explore the odds of shifting the burden of higher import costs.
The tariffs posed a headwind for sellers operating with minimal margins.
Also Read: <a href="https://www.benzinga.com/media/25/04/44991399/walmart-doubles-down-on-discounts-to-keep-prices-low-as-tariffs-threaten-shoppers-budgets" target="_blank" rel="noreferrer noopener">Walmart Doubles Down On Discounts To Keep Prices Low As Tariffs Threaten Shoppers&#8217; Budgets</a>
They have already grappled with increasing Amazon costs tied to storage, fulfillment, shipping, advertising fees, and competitive pricing pressure.
E-commerce software company SmartScout tracked 930 products on Amazon that have noted price hikes since April 9, with an average jump of 29%, CNBC <a target="_blank" href="https://www.cnbc.com/2025/04/25/amazon-sellers-hike-prices-of-goods-after-trumps-china-tariffs.html" rel="noreferrer noopener">reported</a> Friday.
SmartScout CEO Scott Needham noted that 25% of the price increases were initiated by sellers based in China.
Amazon&#8217;s third-party marketplace accounts for about 60% of the company&#8217;s online sales. Additionally, many of its merchants are based in China or rely on the country to source and assemble their products.
CEO Andy Jassy told CNBC that Amazon aimed to keep its prices affordable by renegotiating with suppliers. However, he had also signaled that the tariffs could prompt sellers to hike prices to maintain their margins.
Goods imported from China now face import duties of 145%.
<a target="_blank" href="https://www.benzinga.com/25/04/44942555/amazon-and-walmart-third-party-sellers-reportedly-stash-products-in-canada-to-dodge-trump-tariffs-is-the-trade-war-gamble-worth-it" rel="noreferrer noopener">Trump&#8217;s tariffs reportedly</a> prompted Amazon and Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) third-party sellers to shift stock to Canada in anticipation of relief.
Amazon stock has tanked 15% year-to-date. In April, Multiple Wall Street firms slashed <a target="_blank" href="https://www.benzinga.com/quote/AMZN/analyst-ratings" rel="noreferrer noopener">their price targets</a> on the stock, including a rating downgrade in <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44956197/amazon-price-target-slashed-again-on-wild-card-tariff-concerns" rel="noreferrer noopener">anticipation of tariff impacts</a>.
Price Action: Amazon stock is down 0.10% at $186.43 is at last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/government/regulations/25/04/44874701/temu-and-shein-to-raise-prices-amid-us-tariffs-slash-ad-spend-on-apple-meta" target="_blank" rel="noreferrer noopener">Temu And Shein To Raise Prices Amid US Tariffs, Slash Ad Spend On Apple, Meta</a></li>
</ul>
Image: Shutterstock

Government

Regulations

Media

AMZN

Amazon Sellers Hike Prices On Essentials As Trump China Tariffs Squeeze Margins

UBS analyst Alex Kramm maintains CME Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>) with a Buy and raises the price target from $290 to $305.

UBS Maintains Buy on CME Group, Raises Price Target to $305

Baird analyst David Manthey maintains Pool (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) with a Neutral and lowers the price target from $325 to $310.

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