Investing.com -- Baird upgraded STMicroelectronics to Outperform and raised its price target to $50 given improving gross margins, signs of a bottom in silicon carbide (SiC) revenue, and a clearer path to recovery in smartphones, industrial and automotive markets.
The firm lifted its second-half 2025 and 2026 estimates, pointing to easing comps and stronger product mix. Gross margin improvement is expected to accelerate in the third quarter as the impact from earlier... (continue reading...)
Investing.com -- Needham&Company raised its price target for Amazon (NASDAQ: AMZN) to $265 from $220 in a note Tuesday, maintaining a Buy rating on the stock.
The firm cited improvements in labor productivity and ongoing margin gains in its services segments.
Analysts at Needham stated that “strong improvement in its labor productivity... is a lead indicator to upside share price performance.”
Furthermore, Needham highlighted several catalysts behind its more bullish... (continue reading...)
Investing.com -- Raymond James downgraded ON Holding AG to Outperform from Strong Buy given the near-term macro pressures including currency volatility and higher tariffs, though it maintained a positive long-term outlook on the Swiss sportswear brand.
The firm cut earnings estimates for 2025 due to the stronger Swiss franc and updated tariff assumptions, as about 90% of ONON’s footwear is sourced from Vietnam. While DTC momentum appears healthy, wholesale growth is... (continue reading...)
Investing.com -- Loop Capital initiated coverage on Intel with a Hold rating and a $25 price target on Tuesday.
In a note to clients, the firm highlighted a fundamental dilemma that could limit upside for the chipmaker.
“The catch-22 situation for Intel Corp (NASDAQ: INTC) is obvious,” the analysts wrote.
The firm pointed out that for Intel’s products to remain competitive against rivals such as AMD (NASDAQ: AMD), NVIDIA (NASDAQ: NVDA) and Arm-based chips, they would... (continue reading...)
(Reuters) -Shares of U.S. department store chain Kohl's more than doubled in value on Tuesday, making it one of the most-traded stocks on retail trading platforms and triggering a trading halt.
The stock is the No. 1 trending ticker on retail investor forum Stocktwits. About 49% of Kohl's outstanding shares available for trading are shorted, LSEG data showed. After trading resumed, it was last up 30% at $13.32.
"Kohl's has a lot of... (continue reading...)
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