Latest news for First Republic Bank (OTC:FRCCL) Stock

First Republic Bank offers private banking and wealth management services to high-net-worth clients. Services are offered in the San Francisco, New York City, and Los Angeles markets. The bank was founded in 1985.

FIRST REPUBLIC BK D/S N by First Republic Bank (San Francisco, California)

First Republic Bank

Earnings

News

IMAX

UPDATE: Imax Q2 2024 Adj EPS $0.18 Beats $0.07 Estimate, Sales $89.00M Beat $76.01M Estimate

<p>JP Morgan  analyst Brian Cheng   maintains Protagonist Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTGX#NASDAQ">PTGX</a>) with a Overweight and raises the price target from $39 to $48.</p>


Price Target

Analyst Ratings

PTGX

JP Morgan Maintains Overweight on Protagonist Therapeutics, Raises Price Target to $48

<p>Stifel  analyst Simon Yarmak   maintains Wyndham Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WH#NYSE">WH</a>) with a Buy and lowers the price target from $91.5 to $89.</p>


Stifel Maintains Buy on Wyndham Hotels & Resorts, Lowers Price Target to $89

<p>JP Morgan  analyst Jared Dinges   maintains Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) with a Overweight and raises the price target from $110 to $125.</p>


JP Morgan Maintains Overweight on Philip Morris Intl, Raises Price Target to $125

<p>Stifel  analyst Daniel Arias   maintains Thermo Fisher Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMO#NYSE">TMO</a>) with a Buy and raises the price target from $600 to $615.</p>


Stifel Maintains Buy on Thermo Fisher Scientific, Raises Price Target to $615

BOSC

ISRA

BOS Better Online Solutions' Intelligent Robotics Division Successfully Installs Robotic Palletizing Cells For Industrial And Retail Customers In Israel

<p>Stifel  analyst Brad Reback   maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and raises the price target from $820 to $900.</p>


Stifel Maintains Buy on ServiceNow, Raises Price Target to $900

Market Summary

General

AMZN

Benzinga Market Summary: US Economy Grew At 2.8% In Q2 Exceeding Expectations, Ford Falls On Missed Earnings, NBA Chooses Amazon Over Warner Bros As TV Partner

<ul>
<li>Tesla&#39;s stock dropped significantly by over 8% in pre-market trading due to disappointing second-quarter earnings.</li>
<li>Despite maintaining its position as the leading electric vehicle seller in the U.S., Tesla is gradually losing market share to competitors.</li>
<li>Tesla&#39;s stock experienced a 12% drop on Wednesday.</li>
</ul>
<p>Tesla Inc&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) stock took a big hit, dropping over 8% in pre-market trading after the release of its second-quarter earnings, which disappointed analysts. The expected earnings per share were $0.62, but the actual figure was only $0.52.</p>
<p>This led to a swift reaction from investors and a drop in Tesla&#39;s share value. A major concern in the earnings report was a 7% decline in automotive revenue, totaling $19.9 billion compared to last year.</p>
<p>Additionally, Tesla&#39;s adjusted profit margin decreased, raising worries about the company&#39;s profitability in a competitive market.</p>
<p>To combat falling sales and increased competition, especially from the Chinese market, Tesla has had to cut prices and offer discounts, highlighting the challenges the electric vehicle maker faces.</p>
<p>Although Tesla remains the top electric vehicle seller in the U.S., it is slowly losing market share to competitors. This decline is partly due to its aging product lineup, which hasn&rsquo;t seen significant updates or new models recently.</p>
<p>The situation is further complicated by CEO Elon Musk&#39;s controversial political comments, which have divided consumer opinions and shaken investor confidence.</p>
<p>During the recent earnings call, Elon Musk quickly shifted the discussion to future growth opportunities, including plans for a new mass-market vehicle expected to launch in the latter half of next year.</p>
<p>He also revisited the idea of robotaxis, which aims to turn Tesla vehicles into a network of autonomous ride-hailing services. This vision could make Tesla cars income-generating assets for owners, supporting a new model of urban transportation.</p>
<p>However, investors remain concerned about Musk&#39;s history of ambitious promises often falling behind schedule.</p>
<p>Wednesday ended on a tough note for Tesla, with the stock dropping 12%, which is sharper than its opening price. This decline has brought attention to the $200 level, a key psychological point that aligns with the daily 200 simple moving average.</p>
<p><img alt="2024-07-25_09-08-23.png" src="https://www.benzinga.com/files/u517520/2024-07-25_09-08-23.png" style="height:308px; width:624px" /></p>
<p>If the stock keeps falling, this level could act as an important support point and might lead to a rebound if it holds. Tesla&#39;s stock has been quite volatile this year, peaking with a 36% increase in July but now showing just a 10% gain for the month.</p>
<p>Overall, the company has seen a 12% decline this year, highlighting the challenges it faces. As Tesla prepares to launch new models and technologies, how the market reacts will be crucial for its financial future.</p>
<p>After the closing bell on Wednesday, July 24, the stock closed at $215.99, trading down by 12.33%.</p>
<p class="contributor-disclaimer"><em>This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.</em></p>


Markets

Tech

Trading Ideas

TSLA

Tesla Faces A Tough Road Ahead As Stock Closes Down 12% After Declining Revenue And Disappointing Earnings Results

<p>Deep-pocketed investors have adopted a bearish approach towards KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in KLAC usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for KLA. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 25% leaning bullish and 62% bearish. Among these notable options, 6 are puts, totaling $442,900, and 2 are calls, amounting to $95,910.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $640.0 to $1000.0 for KLA over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for KLA options trades today is 93.67 with a total volume of 178.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for KLA's big money trades within a strike price range of $640.0 to $1000.0 over the last 30 days.</p>
<h3>KLA 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721916275_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$41.1</td>
<td>$37.5</td>
<td>$41.1</td>
<td>$790.00</td>
<td>$172.6K</td>
<td style="text-align: right;">46</td>
<td style="text-align: right;">42</td>
</tr>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$19.1</td>
<td>$13.3</td>
<td>$14.9</td>
<td>$700.00</td>
<td>$110.2K</td>
<td style="text-align: right;">107</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$70.0</td>
<td>$60.1</td>
<td>$65.0</td>
<td>$640.00</td>
<td>$65.0K</td>
<td style="text-align: right;">47</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$23.7</td>
<td>$17.3</td>
<td>$20.6</td>
<td>$1000.00</td>
<td>$61.8K</td>
<td style="text-align: right;">107</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$15.2</td>
<td>$13.3</td>
<td>$15.2</td>
<td>$700.00</td>
<td>$39.5K</td>
<td style="text-align: right;">107</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About KLA</h3>
<p>KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.</p>
<p>In light of the recent options history for KLA, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of KLA</h3>
<ul>
<li>Currently trading with a volume of 169,334, the KLAC's price is up by 0.96%, now at $763.02. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 90 days.</li>
</ul>
<h3>Expert Opinions on KLA</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $887.0.</p>
<ul>
<li>Maintaining their stance, an analyst from Susquehanna continues to hold a Neutral rating for KLA, targeting a price of $680. </li>
<li>An analyst from Citigroup has decided to maintain their Buy rating on KLA, which currently sits at a price target of $980. </li>
<li>Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on KLA with a target price of $875. </li>
<li>Consistent in their evaluation, an analyst from Cantor Fitzgerald keeps a Neutral rating on KLA with a target price of $950. </li>
<li>An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $950. </li>
</ul>
<p>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 KLA with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

KLAC

Looking At KLA's Recent Unusual Options Activity

<p>Financial giants have made a conspicuous bullish move on Align Tech. Our analysis of options history for Align Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 33% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $691,540, and 3 were calls, valued at $98,670.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $240.0 and $300.0 for Align Tech, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Align Tech's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Align Tech's significant trades, within a strike price range of $240.0 to $300.0, over the past month.</p>
<h3>Align Tech Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721916270_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ALGN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$8.0</td>
<td>$240.00</td>
<td>$206.4K</td>
<td>1.0K</td>
<td style="text-align: right;">347</td>
</tr>
<tr>
<td>ALGN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$8.7</td>
<td>$4.9</td>
<td>$7.4</td>
<td>$240.00</td>
<td>$180.8K</td>
<td>1.0K</td>
<td style="text-align: right;">589</td>
</tr>
<tr>
<td>ALGN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$13.7</td>
<td>$11.6</td>
<td>$13.4</td>
<td>$250.00</td>
<td>$100.5K</td>
<td>47</td>
<td style="text-align: right;">221</td>
</tr>
<tr>
<td>ALGN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$9.3</td>
<td>$7.4</td>
<td>$7.4</td>
<td>$240.00</td>
<td>$99.1K</td>
<td>1.0K</td>
<td style="text-align: right;">824</td>
</tr>
<tr>
<td>ALGN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$12.6</td>
<td>$8.8</td>
<td>$10.8</td>
<td>$250.00</td>
<td>$78.2K</td>
<td>47</td>
<td style="text-align: right;">73</td>
</tr>
</tbody>
</table>
</p>
<h3>About Align Tech</h3>
<p>Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food and Drug Administration in 1998 and has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients' teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans, and iTero scans make up over half of these scans.</p>
<p>In light of the recent options history for Align Tech, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Align Tech</h3>
<ul>
<li>With a trading volume of 256,644, the price of ALGN is down by -3.53%, reaching $236.16.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 90 days from now.</li>
</ul>
<h3>What The Experts Say On Align Tech</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $330.0.</p>
<ul>
<li>An analyst from Piper Sandler persists with their Overweight rating on Align Tech, maintaining a target price of $330. </li>
<li>Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Align Tech with a target price of $315. </li>
<li>An analyst from Stifel persists with their Buy rating on Align Tech, maintaining a target price of $350. </li>
<li>An analyst from Baird has decided to maintain their Outperform rating on Align Tech, which currently sits at a price target of $325. </li>
</ul>
<p>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 Align Tech with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


ALGN

What the Options Market Tells Us About Align Tech

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>NXP Semiconductors</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with NXPI, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 8 options trades for NXP Semiconductors.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.</p>
<p>Out of all of the options we uncovered, 7 are puts, for a total amount of $342,600, and there was 1 call, for a total amount of $45,000.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $280.0 for NXP Semiconductors over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for NXP Semiconductors's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of NXP Semiconductors's whale activity within a strike price range from $250.0 to $280.0 in the last 30 days. </p>
<h3>NXP Semiconductors Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721916266_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NXPI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$7.1</td>
<td>$4.2</td>
<td>$6.3</td>
<td>$252.50</td>
<td>$81.9K</td>
<td style="text-align: right;">515</td>
<td style="text-align: right;">9</td>
</tr>
<tr>
<td>NXPI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$12.0</td>
<td>$10.9</td>
<td>$11.8</td>
<td>$260.00</td>
<td>$63.3K</td>
<td style="text-align: right;">147</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>NXPI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$6.6</td>
<td>$4.3</td>
<td>$5.55</td>
<td>$252.50</td>
<td>$49.3K</td>
<td style="text-align: right;">515</td>
<td style="text-align: right;">139</td>
</tr>
<tr>
<td>NXPI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$8.8</td>
<td>$7.4</td>
<td>$8.01</td>
<td>$257.50</td>
<td>$47.0K</td>
<td style="text-align: right;">447</td>
<td style="text-align: right;">73</td>
</tr>
<tr>
<td>NXPI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$3.0</td>
<td>$1.55</td>
<td>$3.0</td>
<td>$250.00</td>
<td>$45.0K</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">21</td>
</tr>
</tbody>
</table>
</p>
<h3>About NXP Semiconductors</h3>
<p>NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.</p>
<h3>Where Is NXP Semiconductors Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 291,371, with NXPI's price down by -2.21%, positioned at $248.78.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 102 days.</li>
</ul>
<h3>Professional Analyst Ratings for NXP Semiconductors</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $331.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Cantor Fitzgerald keeps a Overweight rating on NXP Semiconductors with a target price of $350. </li>
<li>An analyst from Stifel has decided to maintain their Hold rating on NXP Semiconductors, which currently sits at a price target of $275. </li>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $350. </li>
<li>Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for NXP Semiconductors, targeting a price of $330. </li>
<li>An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $350. </li>
</ul>
<p>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 NXP Semiconductors with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


NXPI

This Is What Whales Are Betting On NXP Semiconductors

<p>Stifel  analyst Michael Hoffman   maintains Republic Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>) with a Buy and raises the price target from $215 to $230.</p>


Stifel Maintains Buy on Republic Servs, Raises Price Target to $230

<p>JP Morgan  analyst Brian Ossenbeck   maintains Old Dominion Freight Line (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>) with a Neutral and raises the price target from $176 to $193.</p>


ODFL

JP Morgan Maintains Neutral on Old Dominion Freight Line, Raises Price Target to $193

<p>Stifel  analyst Rick Wise   maintains LivaNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIVN#NASDAQ">LIVN</a>) with a Buy and raises the price target from $70 to $72.</p>


LIVN

Stifel Maintains Buy on LivaNova, Raises Price Target to $72

<p>Cantor Fitzgerald  analyst Troy Jensen   reiterates Impinj (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) with a Overweight and maintains $205 price target.</p>


Reiteration

Cantor Fitzgerald Reiterates Overweight on Impinj, Maintains $205 Price Target

<p>Stifel  analyst Steven Wieczynski   maintains Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) with a Buy and lowers the price target from $65 to $55.</p>


Stifel Maintains Buy on Las Vegas Sands, Lowers Price Target to $55

<p>JP Morgan  analyst Kenneth Worthington   maintains Moelis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MC#NYSE">MC</a>) with a Neutral and raises the price target from $50 to $51.</p>


JP Morgan Maintains Neutral on Moelis, Raises Price Target to $51

<p>Ratings for Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) were provided by 18 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</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>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</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>
</tr>
<tr>
<td><strong>2M Ago</strong></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><strong>3M Ago</strong></td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $46.83, a high estimate of $52.00, and a low estimate of $38.00. This current average reflects an increase of 6.7% from the previous average price target of $43.89. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721916057_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>The standing of Pinterest among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<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>Scott Devitt</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$46.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$38.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$50.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$49.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Thomas Champion</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$52.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Thomas Champion</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$52.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Rob Sanderson</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$49.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Ronald Josey</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$51.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$48.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$46.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Mark Shmulik</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$38.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Rohit Kulkarni</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Scott Devitt</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Thomas Champion</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Mark Kelley</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$46.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Barton Crockett</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$48.00</td>
<td>$45.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Pinterest. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Pinterest compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Pinterest's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>Capture valuable insights into Pinterest's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PINS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Pinterest analyst ratings.</strong></a></p>
<h2>About Pinterest</h2>
<p>Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from cooking recipes to travel destinations. Founded in 2010, the platform consists of a largely female audience, which accounts for roughly two thirds of its nearly 500 million monthly active users. The company generates revenue by selling digital ads and is now rolling out more in-platform e-commerce features. About 20% of users reside in the US and Canada, but the region accounted for about 80% of revenue in 2023.</p>
<h3>Financial Insights: Pinterest</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Pinterest's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of <strong>22.8%</strong>. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>-3.35%,</strong> the company showcases strong profitability and effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Pinterest's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>-0.8%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Pinterest's ROA excels beyond industry benchmarks, reaching <strong>-0.68%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Pinterest's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.05</strong>.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


PINS

What 18 Analyst Ratings Have To Say About Pinterest

<p>RBC Bearings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) has outperformed the market over the past 15 years by 6.04% on an annualized basis producing an average annual return of 18.04%. Currently, RBC Bearings has a market capitalization of $8.30 billion. </p>
<p><strong>Buying $100 In RBC:</strong> If an investor had bought $100 of RBC stock 15 years ago, it would be worth <strong>$1,195.56</strong> today based on a price of $284.12 for RBC at the time of writing.</p>
<h3>RBC Bearings's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721916056_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


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