L'intérêt à découvert pour iShares U.S. Digital Infrastructure and Real Estate ETF donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de iShares U.S. Digital Infrastructure and Real Estate ETF. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

iShares U.S. Digital Infrastructure and Real Estate ETF (ARCA:IDGT), Rapport sur les intérêts à découvert

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The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of communication equipment companies in the U.S. The fund is non-diversified.

American Tower Corp

Crown Castle International Corp

Equinix, Inc.

Digital Realty Trust Inc.

Uniti Group Inc Com

Fastly Inc

Telefonaktiebolaget LM Ericsson B ADR

Arista Networks Inc.

Cisco Systems, Inc.

Motorola Solutions Inc.

iShares US Digital Infrastructure and Real Estate ETF

iShares U.S. Digital Infrastructure and Real Estate ETF

Analysts&#39; sentiment is important in determining the right time to buy stock. However, the trend in sentiment and coverage is more important than the consensus rating. A Moderate Buy or Buy rating doesn&#39;t mean as much if recent revisions include downgrades, price target revisions, and lapsed coverage. Those are headwinds for stock prices that can signal a top and a high potential for bearish reversals. A stock with a consensus rating of sell with recent upgrades and price target increases would be a better choice; those are tailwinds that can help a market bottom and enter a bullish reversal.&nbsp;
Increasing analyst coverage is another tailwind for stock prices because growing coverage equates to growing inflows of investor money. The stocks in this article are attracting new coverage, and upgrades and revisions support their markets. Because Chewy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chwy#NYSE">CHWY</a>) and Gitlab (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gtlb#NASDAQ">GTLB</a>) are leaders in their respective fields, the odds are high that their stock prices will follow the analysts&#39; lead and move higher.&nbsp;
<h2>TD Cowen Takes a Bite of Chewy, Inc. Citing Long-Term Growth Potential</h2>
Chewy analysts began increasing their price targets over the summer after results outperformed expectations. MarketBeat.com tracks 22 analysts showing a high conviction in the Moderate Buy rating, with the latest price targets leading to the high-end range above the consensus estimate. The latest report initiated coverage by TD Cowen, which rated the stock at Buy with a price target of $38. The $38 is 28% above the recent action and the consensus target, which assumes fair value with the stock at around $28.50. Consensus is up 12% in the last three months and is likely to continue rising, given the revenue growth and earnings outlook.&nbsp;
Chewy&#39;s growth slowed in F2025 to the low single digits, but it was sustained and expected to continue and accelerate in F2026. Analysts forecast revenue growth to top 5% in F2026; TD Cowen forecasts acceleration to persist over the next few years and drive a 9% CAGR over the next five years. At 9%, TD Cowen&#39;s CAGR target is nearly double the forecasted industry average and will be compounded by a widening margin. The EBITDA margin is expected to double almost 8%, driving increased free cash conversion and balance sheet improvement. Drivers for growth will be an increasing customer count and revenue per customer in the retail business and deepening penetration of services tied to the pet health business.&nbsp;
Chewy&#39;s balance is in healthy condition. The company&#39;s positive cash flow business helps it maintain ultra-low debt levels, with long-term liabilities, including lease obligations, less than 1x cash and just over 1x equity. Institutional activity is also bullish for this stock. Institutions own nearly 95% of the stock and have been buying on balance in calendar 2024.&nbsp;
<img alt="Chewy CHWY stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20241010075503_chart-chwy-10102024ver001.png" style="height:423px; width:917px" />
<h2>Morgan Stanley Says Gitlab Is a Key Consolidator of a Fragmented Market</h2>
Morgan Stanley initiated coverage on Gitlab at Overweight with a price target of $70, 30% above the recent price action. They view the DevSecOps platform as an emerging enterprise-quality platform and a crucial consolidator of a highly fractured market. The firm forecasts a 25% revenue CAGR for the next four years, compounded by a doubling of the&nbsp;margin as software developers lean into efficiency and security.&nbsp;
MarkeBeat.com tracks 25 analysts with high conviction in the Moderate Buy rating. The consensus target is rising, as is the number of analysts covering the stock, which has increased by 100% in the last 18 months. Consensus assumes a 23% upside from recent price action; Morgan Stanley&#39;s target adds another 600 basis points, aligning with the trend. A move to consensus would put the stock at an 8-month high.&nbsp;
<img alt="Gitlab GTLB stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20241010075527_chart-gtlb-0102024.png" style="height:423px; width:917px" />
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/top-2-analyst-picks-stocks-poised-for-double-digit-growth/">Top 2 Analyst Picks: Stocks Poised for Double-Digit Growth</a>&quot; first appeared on MarketBeat.

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CHWY

GTLB

Top 2 Analyst Picks: Stocks Poised for Double-Digit Growth

Barclays analyst Blayne Curtis maintains TXNM Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXNM#NYSE">TXNM</a>) with a Overweight and raises the price target from $45 to $46.

TXNM

Barclays Maintains Overweight on TXNM Energy, Raises Price Target to $46

Investors with a lot of money to spend have taken a bullish stance on Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ANET, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 42 uncommon options trades for Arista Networks.
This isn't normal.
The overall sentiment of these big-money traders is split between 38% bullish and 28%, bearish.
Out of all of the special options we uncovered, 12 are puts, for a total amount of $413,969, and 30 are calls, for a total amount of $1,600,457.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $130.0 to $430.0 for Arista Networks over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Arista Networks's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Arista Networks's significant trades, within a strike price range of $130.0 to $430.0, over the past month.
<h3>Arista Networks Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729016148_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$22.1</td>
<td>$21.6</td>
<td>$22.0</td>
<td>$390.00</td>
<td>$226.6K</td>
<td>1.2K</td>
<td style="text-align: right;">400</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$114.5</td>
<td>$112.7</td>
<td>$113.5</td>
<td>$280.00</td>
<td>$136.2K</td>
<td>237</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$5.1</td>
<td>$4.4</td>
<td>$5.01</td>
<td>$397.50</td>
<td>$100.8K</td>
<td>9</td>
<td style="text-align: right;">712</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$49.5</td>
<td>$48.4</td>
<td>$49.4</td>
<td>$430.00</td>
<td>$98.8K</td>
<td>145</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$88.1</td>
<td>$86.2</td>
<td>$87.55</td>
<td>$310.00</td>
<td>$87.8K</td>
<td>85</td>
<td style="text-align: right;">4</td>
</tr>
</tbody>
</table>

<h3>About Arista Networks</h3>
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
In light of the recent options history for Arista Networks, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Arista Networks</h3>
<ul>
<li>With a volume of 2,812,599, the price of ANET is down -5.03% at $392.68. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 23 days.</li>
</ul>
<h3>What The Experts Say On Arista Networks</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $438.3333333333333.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Arista Networks, targeting a price of $460. 
&#x2A; Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Arista Networks with a target price of $430. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Arista Networks, maintaining a target price of $425. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Arista Networks options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

ANET

Arista Networks Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bearish stance on T-Mobile US.
Looking at options history for T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 55% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $93,590 and 6, calls, for a total amount of $400,835.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $190.0 to $260.0 for T-Mobile US during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for T-Mobile US's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of T-Mobile US's whale activity within a strike price range from $190.0 to $260.0 in the last 30 days. 
<h3>T-Mobile US Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729016143_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$36.75</td>
<td>$36.3</td>
<td>$36.75</td>
<td>$200.00</td>
<td>$183.7K</td>
<td>679</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$15.8</td>
<td>$15.6</td>
<td>$15.65</td>
<td>$210.00</td>
<td>$59.3K</td>
<td>1.2K</td>
<td style="text-align: right;">227</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$30.15</td>
<td>$29.6</td>
<td>$29.95</td>
<td>$190.00</td>
<td>$54.0K</td>
<td>1.3K</td>
<td style="text-align: right;">331</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$4.9</td>
<td>$4.8</td>
<td>$4.8</td>
<td>$260.00</td>
<td>$48.0K</td>
<td>7</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>TMUS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$7.0</td>
<td>$5.6</td>
<td>$7.0</td>
<td>$195.00</td>
<td>$35.0K</td>
<td>428</td>
<td style="text-align: right;">50</td>
</tr>
</tbody>
</table>

<h3>About T-Mobile US</h3>
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the us T-Mobile now serves 77 million postpaid and 21 million prepaid phone customers, equal to around 30% of the us retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves more than 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.
In light of the recent options history for T-Mobile US, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>T-Mobile US's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,354,548, with TMUS's price up by 0.67%, positioned at $217.35.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 8 days.</li>
</ul>
<h3>Professional Analyst Ratings for T-Mobile US</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $219.1.
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&#x2A; Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for T-Mobile US, targeting a price of $220. 
&#x2A; In a cautious move, an analyst from Raymond James downgraded its rating to Outperform, setting a price target of $221. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on T-Mobile US with a target price of $209. 
&#x2A; Consistent in their evaluation, an analyst from Scotiabank keeps a Sector Outperform rating on T-Mobile US with a target price of $215. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for T-Mobile US, targeting a price of $230. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest T-Mobile US options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

TMUS

T-Mobile US's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bullish move on Exxon Mobil. Our analysis of options history for Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) revealed 26 unusual trades.
Delving into the details, we found 46% of traders were bullish, while 46% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $457,118, and 19 were calls, valued at $2,092,679.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $90.0 and $145.0 for Exxon Mobil, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Exxon Mobil's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Exxon Mobil's significant trades, within a strike price range of $90.0 to $145.0, over the past month.
<h3>Exxon Mobil Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729016138_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.2</td>
<td>$4.1</td>
<td>$4.2</td>
<td>$120.00</td>
<td>$945.0K</td>
<td>7.0K</td>
<td>2.9K</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$2.09</td>
<td>$1.97</td>
<td>$1.98</td>
<td>$120.00</td>
<td>$198.0K</td>
<td>17.6K</td>
<td>3.1K</td>
</tr>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$11.9</td>
<td>$11.8</td>
<td>$11.8</td>
<td>$130.00</td>
<td>$178.1K</td>
<td>354</td>
<td>154</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$8.55</td>
<td>$8.4</td>
<td>$8.4</td>
<td>$115.00</td>
<td>$129.3K</td>
<td>17.4K</td>
<td>538</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.9</td>
<td>$0.8</td>
<td>$0.88</td>
<td>$121.00</td>
<td>$112.4K</td>
<td>2.0K</td>
<td>1.5K</td>
</tr>
</tbody>
</table>

<h3>About Exxon Mobil</h3>
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Having examined the options trading patterns of Exxon Mobil, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Exxon Mobil Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 8,151,644, the XOM's price is down by -2.49%, now at $120.99. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 17 days.</li>
</ul>
<h3>Expert Opinions on Exxon Mobil</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $126.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Scotiabank has elevated its stance to Sector Outperform, setting a new price target at $145. 
&#x2A; Reflecting concerns, an analyst from Redburn Atlantic lowers its rating to Neutral with a new price target of $120. 
&#x2A; An analyst from RBC Capital has revised its rating downward to Sector Perform, adjusting the price target to $120. 
&#x2A; In a cautious move, an analyst from Exane BNP Paribas downgraded its rating to Underperform, setting a price target of $105. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Exxon Mobil, targeting a price of $142. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Exxon Mobil with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Exxon Mobil Unusual Options Activity For October 15

Barclays analyst Nicholas Campanella maintains Southern (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>) with a Equal-Weight and raises the price target from $71 to $83.

Barclays Maintains Equal-Weight on Southern, Raises Price Target to $83

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling around 150 points on Tuesday.
The Dow traded down 0.30% to 42,937.44 while the NASDAQ fell 0.84% to 18,347.17. The S&amp;P 500 also fell, dropping, 0.43% to 5,834.67.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/10/41331971/how-to-earn-500-a-month-from-morgan-stanley-stock-ahead-of-q3-earnings">How To Earn $500 A Month From Morgan Stanley Stock Ahead Of Q3 Earnings</a>
Leading and Lagging Sectors Real estate shares jumped by 2% on Tuesday.
In trading on Tuesday, energy shares fell by 2.3%.
Top Headline
Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) reported upbeat results for its third quarter.
The company posted adjusted EPS of $2.42, down 9.0% year-over-year, beating the consensus of $2.21. The pharmaceutical giant reported sales of $22.47 billion, up 5.2% year over year and beating the consensus of $22.16 billion.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) shares shot up 21% to $13.78 after the company announced it signed a signed a non-binding preliminary memorandum of terms for up to $750 million in proposed direct funding under the CHIPS and Science Act.</li>
<li>Shares of MeiraGTx Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGTX#NASDAQ">MGTX</a>) got a boost, surging 14% to $5.28 after safety and tolerability was confirmed in its gene therapy study for Parkinson&#8217;s.</li>
<li>Telefonaktiebolaget LM Ericsson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) shares were also up, gaining 13% to $8.56 following a third-quarter earnings beat.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Seelos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEEL#NASDAQ">SEEL</a>) shares dropped 43% to $1.4050. Seelos Therapeutics announced notice of delisting from Nasdaq and transfer of listing to Over-the-Counter Market.</li>
<li>Shares of CareDx, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNA#NASDAQ">CDNA</a>) were down 14% to $26.85 as the company reported preliminary results for the third quarter.</li>
<li>Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) was down, falling 14% to $0.1070 after the company announced a 1-for-50 reverse stock split.</li>
</ul>
Commodities In commodity news, oil traded down 4.5% to $70.54 while gold traded up 0.4% at $2,676.80.
Silver traded up 1.2% to $31.69 on Tuesday, while copper fell 1.6% to $4.3360.
Euro zone
European shares closed mostly lower today. The eurozone's STOXX 600 slipped 0.80%, Germany's DAX slipped 0.11% and France's CAC 40 fell 1.05%. Spain's IBEX 35 Index rose 0.67%, while London's FTSE 100 fell 0.52%.
Asia Pacific Markets
Asian markets closed mostly lower on Tuesday, with Japan's Nikkei 225 gaining 0.77%, Hong Kong's Hang Seng Index falling 3.67%, China's Shanghai Composite Index dipping 2.53% and India's BSE Sensex falling 0.19%.
Economics
The NY Empire State Manufacturing Index declined to -11.9 in October from 11.5 in the previous month and topping market estimates of 3.8.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41328029/top-3-tech-and-telecom-stocks-that-could-lead-to-your-biggest-gains-this-quarter"> </a>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41328029/top-3-tech-and-telecom-stocks-that-could-lead-to-your-biggest-gains-this-quarter">Top 3 Tech And Telecom Stocks That Could Lead To Your Biggest Gains This Quarter</a></li>
</ul>

Equities

Eurozone

Commodities

Intraday Update

CDNA

ERIC

MGTX

PEGY

SEEL

WOLF

Nasdaq Down 150 Points; Johnson & Johnson Reports Better-Than-Expected Q3 Results

National Health Investors (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nhi#NYSE">NHI</a>) has been on a downward spiral lately with significant selling pressure. After declining 10.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.
<h2>How to Determine if a Stock is Oversold</h2>
We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.
Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock&#39;s price is reaching a point of reversal.
So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound.
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.
<h2>Why a Trend Reversal is Due for NHI</h2>
The heavy selling of NHI shares appears to be in the process of exhausting itself, as indicated by its RSI reading of 28.46. So, the trend for the stock could reverse soon for reaching the old equilibrium of supply and demand.
<img alt="3-month RSI Chart for NHI" class="chart" src="https://staticx-tuner.zacks.com/images/articles/charts/yseop/544/NHI_RCI14.jpeg" style="height:auto; width:100%" title="" />
This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering NHI in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 0.1% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
Moreover, NHI currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock&#39;s potential turnaround in the near term.
<a href="https://www.zacks.com/stock/news/2350593/here-s-why-national-health-investors-nhi-is-poised-for-a-turnaround-after-losing-10-18-in-4-weeks?cid=CS-BENZ-FT-tale_of_the_tape|rsi-2350593">To read this article on Zacks.com click here.</a>

Technicals

Here's Why National Health Investors is Poised for a Turnaround After Losing -10.18% in 4 Weeks

Barclays analyst Theresa Chen maintains TC Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TRP#TSX">TRP</a>) with a Overweight and raises the price target from C$64 to C$66.

TSX:TRP

Barclays Maintains Overweight on TC Energy, Raises Price Target to C$66

WIIM

JBLU

RYAAY

SAVE

SKYW

Shares of airline stocks are trading higher. The industry may be moving on continued strength after recent fears surrounding Hurricane Milton have curbed and fuel costs, which are a major expense for airlines, dropped in price.

RBC Capital Markets analyst Tom Narayan sees a rebound for China&#8217;s NEVs in the third quarter, following a weak first quarter, providing reassurance to investors concerned<a target="_blank" href="https://www.benzinga.com/author/benzinga-ev-insights" rel="noreferrer noopener"> about a potential EV slowdown.</a>
In September, China&#8217;s NEVs demonstrated growth both year-over-year and quarter-over-quarter, the analyst writes.
PHEVs drove the year-over-year increase with an additional 232,000 sales, while BEVs rose by 144,000. PHEVs seem to be capturing market share from BEVs, adding further competition for foreign brands like Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>) and Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
The Chinese Passenger Car Association (CPCA) reported that September NEV sales reached 1.123 million, marking a 50.5% increase year-over-year, up from August&#8217;s 1.025 million and July&#8217;s 878,000.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41339229/asml-earnings-leak-sparks-broad-semiconductor-sell-off-sector-down-sharply-as-dutch-chipmaker-lo" rel="noreferrer noopener">ASML Earnings Leak Sparks Broad Semiconductor Sell-Off, Sector Down Sharply As Dutch Chipmaker Lowers 2025 Outlook</a>
For the third quarter, NEV sales rose 44% year-over-year, following increases of 32% and 34% in the second quarter and first quarter, respectively.
In September, PHEVs saw a 94.7% year-over-year growth, while BEVs increased by 28.8%.
The month concluded with a split of 57% BEVs and 43% PHEVs, the analyst adds.
Tesla reported 72,200 domestic retail sales in China (excluding exports) for September, reflecting a 66% year-over-year increase.
This figure is up from August&#8217;s 63,456 and July&#8217;s 46,227, aligning with the overall growth trend in the BEV market, Narayan adds.
Image via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea" target="_blank" rel="noreferrer noopener">Financial Sector Hits Record Highs As Goldman Sachs, Bank of America, Citi Beat Q3 Earnings Expectations</a></li>
</ul>

Analyst Color

Movers

General

TSLA

VWAGY

EV Slowdown Concerns Eased As China's NEVs Show Strong Q3 Rebound: Analyst

WLDS

Wearable Devices shares are trading higher after the company announced a collaboration with RayNeo for AR glasses.

Barclays analyst Christine Cho maintains Targa Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>) with a Overweight and raises the price target from $155 to $171.

TRGP

Barclays Maintains Overweight on Targa Resources, Raises Price Target to $171

Barclays analyst Theresa Chen maintains LandBridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LB#NYSE">LB</a>) with a Equal-Weight and raises the price target from $29 to $38.

Barclays Maintains Equal-Weight on LandBridge, Raises Price Target to $38

Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) showcased its cutting-edge 3nm PCIe Gen 7 connectivity at the OCP Global Summit, held from October 15 to 17 at the San Jose Convention Center.
The new PCIe Gen 7 doubles data transfer speeds compared to previous generations, enabling more efficient scaling of compute fabrics inside AI-driven server platforms, CXL systems, and general-purpose servers.
By building on its widely adopted PAM4 technology and utilizing its accelerated infrastructure silicon platform, Marvell has created a comprehensive interconnect portfolio that addresses high-bandwidth optical and copper connections in AI data centers.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/10/41127863/despite-nvidia-selloff-bidens-law-and-taiwan-semis-advantage-offer-growth-potential" rel="noreferrer noopener">Despite Nvidia Selloff, Biden's Law and Taiwan Semi's Advantage Offer Growth Potential</a>
The introduction of PCIe Gen 7—building on the PCIe Gen 6 timer announcement—expands Marvell's optical and copper interconnect portfolio beyond Ethernet into PCIe, CXL, and proprietary compute fabric links, facilitating high-performance AI clusters and next-generation server systems.
With 3nm fabrication technology, Marvell's PCIe Gen 7 SerDes offers lower power consumption while maintaining performance, making it a key player in powering next-generation AI superclusters and hyperscale data centers.
Also this week, Marvell <a target="_blank" href="https://benzinga.com/markets/equities/24/10/41315171/why-is-marvell-technology-stock-gaining-today" rel="noreferrer noopener">disclosed that it is developing a</a> custom 5nm network controller FBNIC in partnership with Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), which will boost data center performance.
However, KeyBanc&nbsp;analyst John Vinh <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41235547/nvidia-amd-lead-the-pack-broadcom-stable-intel-falters-analysts-latest-take" rel="noreferrer noopener">recently flagged Marvell's</a> vulnerability to market share loss from the next-generation Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) AWS Trainium 3 loss to Alchip, Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google's second-generation Axion ARM CPU, and Nvidia Corp's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) development of its 1.6T optical DSP based on his&nbsp;findings from Asia.
Marvell stock surged 50% in the last 12 months. Investors can gain exposure to the stock through iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) and VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>).
<h2 class="wp-block-heading">Marvell Stock Prediction For 2024</h2>
When buying a stock for a longer time horizon, it is important for investors to assess where they think the stock is headed in the future.
When mapping a stock's future trajectory, investors should consider factors including the future earnings expectations and expected performance against a benchmark.
Marvell Tech's revenue has grown at an average rate of 19.71% annually over the past 5 years. The average 1-year price target from analysts is $95.57, representing an expected 19.75% upside in 2025.
While past performance is not a guarantee of future results, investors should also look at a stock's historical performance when compared to both a benchmark index and the company's peers. Shares of Marvell Tech have seen an annualized return of 6.23%, underperforming the S&amp;P500 index by 3.2%. This compares to 26.74% growth in the overall Information Technology sector. Marvell Tech has a beta of 1.16.
Price Action: MRVL stock is up 2.45% at $75.98 at the last check Tuesday.
Also Read:
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<li><a href="https://www.benzinga.com/government/24/09/41093269/whats-going-on-with-chip-stocks-like-nvidia-taiwan-semi-and-amd-on-monday" target="_blank" rel="noreferrer noopener">Semiconductor Giants, Led by Nvidia, Fall as China Backs Local AI Chipmakers</a></li>
</ul>
Photo via Shutterstock

AMZN

GOOG

GOOGL

MRVL

NVDA

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Marvell Showcases Next-Gen 3nm Technology, Doubling Data Speeds for AI Systems

Barclays analyst Nicholas Campanella maintains Exelon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXC#NASDAQ">EXC</a>) with a Overweight and raises the price target from $41 to $44.

Barclays Maintains Overweight on Exelon, Raises Price Target to $44

Barclays analyst Eric Beaumont maintains Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>) with a Equal-Weight and raises the price target from $69 to $72.

Barclays Maintains Equal-Weight on Eversource Energy, Raises Price Target to $72

The artificial intelligence (AI) boom has been underway throughout 2024 despite many legacy technologies still undergoing normalization after a fantastic post-pandemic reopening surge in 2021. The acceleration of AI deployment is helping to lift legacy technologies like cloud computing, virtualization, networking, and hard disk drives (HDDs) as enterprises work through the inventory glut. Here are two computer and technology sector stocks that are gaining from AI demand and seeing their cloud computing and legacy businesses accelerate again.
<h2>Ciena: Cloud Providers Are Leading the AI Infrastructure Buildout &nbsp;</h2>
As a legacy technology company, Ciena Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cien#NYSE">CIEN</a>) is well known for helping build out the internet with its optical fiber and networking solutions. AI requires fast connectivity to transfer oceans of data. Ciena&#39;s products are essential for AI deployment, and data centers are a top customer. Ciena&#39;s optical transceivers enable data to be transmitted long distances at the speed of light, literally using light signals for low latency. Data center interconnect (DCI) expands beyond just within a data center but enables data to swiftly pass beyond to AI platforms, connecting multiple data centers and cloud providers.
<h3>Connecting the Cloud Giants and AI Platforms</h3>
Ciena&#39;s customers include some of the largest cloud providers like Alphabet Inc.&#39;s Google Cloud as they build out their networks to fortify capacity for the exponential growth of AI data traffic. The growth in cloud computing has enabled cloud providers to generate nearly 30% of Ciena&#39;s total revenues driven by DCI business. Enterprises are not just putting all their eggs into a single basket but instead spreading out their infrastructure to include multiple clouds and cloud providers. Ciena is a major benefactor of this trend.
<h3>Networking Platforms Grow as a Percentage of Total Revenue</h3>
Ciena impressed investors and analysts alike with its fiscal third quarter 2024 earnings report. Its Networking Platforms segment revenues rose to 74.2% of total revenue at $699.5 million. Its book-to-bill ratio exceeded one, indicating more demand than it can fulfill. Cloud providers largely drove order flow as they led the charge to build out their networks. Cloud provider infrastructure buildout includes undersea cables, long-haul routes, and data center connectivity.
The company expects fiscal fourth-quarter revenue of around $1.06 billion to $1.4 billion, which was in line with consensus estimates. The long-term compound annual growth rate (CAGR) is in the 6% to 8% range, with fiscal 2024 revenues expected to be around $4 billion.
<h2>NetApp: Riding the Hybrid Multicloud Tailwind</h2>
NetApp Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntap#NASDAQ">NTAP</a>) provides hybrid cloud and data infrastructure software and hardware solutions. These enable companies to access and manage their data securely across all environments, such as viewing through a single pane of glass. NetApp is native to all the major cloud providers. It lets companies set up on-premise and private clouds for sensitive data and mission-critical applications and in public clouds for routine data and application management. From servers to all-flash data storage arrays, NetApp is a one-stop shop for digital transformation and cloud migration.
<h3>AI Deployment Is Revitalizing Cloud Growth</h3>
In its fiscal first quarter of 2025, NetApp reported a record non-GAAP operating margin of 26% and a record first-quarter net income of $1.56. Its first-party and marketplace cloud storage services revenues rose 40% year over year. Its Hybrid Cloud division generated $1.38 billion in revenue, up from $1.28 billion in the year-ago period. Its Public Cloud division generated $159 million in revenue, up from $154 million last year. NetApp has $3.02 billion in cash and cash equivalents.
<h3>NetApp Is Winning More Contracts and Logos&nbsp;</h3>
NetApp has won more than 50 AI and data lake modernization wins, including one of the world&#39;s largest oil and gas companies, for its AI and high-performance computing (HPC) workloads. Its all-flash storage was selected to handle its 40,000 GPUs and CPU cores, which run 3D virtualization workloads and simulations.
Another leading financial services institution selected NetApp to consolidate petabytes of data into a single data lake for AI and analytics. These workloads range from fraud detection and portfolio management to credit scoring.
<h3>More Upside to Come as NetApp Issues Upside Guidance</h3>
NetApp provided upside guidance for its fiscal second quarter of 2025, with EPS of $1.73 to $1.83 versus $1.71 consensus estimates.
Revenues are expected between $1.565 and $1.715 billion versus $1.63 billion consensus estimates.
Its fiscal full-year 2025 EPS was guided to $7.00 to $7.20 versus $6.89 consensus estimates.
Full-year revenue is expected between $6.48 billion and $6.68 billion versus $6.55 billion estimates.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/2-stocks-riding-the-recovery-in-cloud-computing-driven-by-ai/">2 Stocks Riding the Recovery in Cloud Computing Driven by AI</a>&quot; first appeared on MarketBeat.

Guidance

Contracts

CIEN

NTAP

2 Stocks Riding the Recovery in Cloud Computing Driven by AI

Citigroup shares are trading lower following Q3 earnings. The stock initially gained but has since reversed.

Visteon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VC#NASDAQ">VC</a>) underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Visteon, revealing an average target of $124.67, a high estimate of $140.00, and a low estimate of $100.00. A 6.09% drop is evident in the current average compared to the previous average price target of $132.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1729015292_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A comprehensive examination of how financial experts perceive Visteon is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dan Levy</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$140.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Mark Delaney</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$117.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$122.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Edison Yu</td>
<td>Deutsche Bank</td>
<td>Announces</td>
<td>Buy</td>
<td>$124.00</td>
<td>-</td>
</tr>
<tr>
<td>Tom Narayan</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$129.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Adam Jonas</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$100.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Jeffrey Osborne</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$140.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$115.00</td>
<td>$107.00</td>
</tr>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$135.00</td>
<td>$144.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Visteon. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Visteon compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Visteon's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/VC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Visteon analyst ratings.</a>
<h2>Unveiling the Story Behind Visteon</h2>
Visteon Corp is an automotive supplier. It manufactures electronics products for original equipment vehicle manufacturers including Ford, Nissan, Renault, Mazda, BMW, General Motors, and Honda. The company offers information displays, instrument clusters, head-up displays, infotainment systems, telematics solutions, and Smartcore. The Company's reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advanced driver assistance systems, displays, Android-based infotainment systems, and battery management systems. Geographically, it operates in North America, Europe, China, Asia-Pacific, and South America.
<h3>Unraveling the Financial Story of Visteon</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Visteon's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 3.15%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 7.0%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 6.57%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.6%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.4.
<h2>Analyst Ratings: What Are They?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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