After-hours movers: NVIDIA surges on blow-out results and guidance
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Susquehanna remains bullish on Broadcom (AVGO) opportunities
August 24, 2023 11:33 AM EDTSusquehanna analyst Christopher Rolland raised the price target for Broadcom (NASDAQ: AVGO) to $1,010 from $910 per share in a note Thursday, maintaining a Positive rating on the stock.
The analyst told investors in a note that they expect the company to post in-line to... More
NVIDIA (NVDA) PT Raised to $600 at CFRA, 'we see FCF growth at +$23B in FY 24'
August 24, 2023 10:10 AM EDTCFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $500.00) while maintaining a Buy rating.
The analyst comments "We increase our 12-month target to $600 from $500, on P/E of 32.6x our CY 25 EPS view, above peers but below... More
Former XPeng (XPEV) autonomous driving head joins Nvidia (NVDA)
August 24, 2023 8:24 AM EDTWu Xinhou, the former vice president of autonomous driving at Xpeng (NYSE: XPEV), announced Thursday that he is joining U.S. artificial intelligence giant Nvidia (NASDAQ: NVDA).
Although Wu didn't provide specific details about his new position at Nvidia,... More
Splunk (SPLK) PT Raised to $145 at Rosenblatt, 'Margins Improving Rapidly'
August 24, 2023 5:54 AM EDTRosenblatt analyst Blair Abernethy raised the price target on Splunk (NASDAQ: SPLK) to $145.00 (from $135.00) while maintaining a Buy rating.
The analyst comments "Splunk reported a Q2 revenue beat of ~2%, with operating margins of 16.7%, well above guidance of 10-12% and consensus estimates.... More
Autodesk (ADSK) PT Raised to $253 at Rosenblatt, 'Stable Q2 Revenue and Margin Performance Despite Weak Macro'
August 24, 2023 5:53 AM EDTRosenblatt analyst Blair Abernethy raised the price target on Autodesk (NASDAQ: ADSK) to $253.00 (from $235.00) while maintaining a Buy rating.
The analyst comments "Autodesk reported Q2 FY24 results (Wednesday after market close), marginally above our revenue expectations, driving revenue of $1,345m (vs our $1,320.5m... More
NVIDIA (NVDA) PT Raised to $605 at Goldman Sachs, 'Strong Gen AI Demand and Improving Supply to Drive Continued Outperformance'
August 24, 2023 5:49 AM EDTGoldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $605.00 (from $495.00) while maintaining a Buy rating.
The analyst comments "Nvidia delivered against heightened investor expectations as growing investments in Gen AI infrastructure drove a 21% revenue beat and non-GAAP EPS (excl. SBC)... More
NVIDIA (NVDA) PT Raised to $600 at BMO Capital, 'High Bar? Not a Problem'
August 24, 2023 5:06 AM EDTBMO Capital analyst Ambrish Srivastava raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $550.00) while maintaining a Outperform rating.
The analyst comments "The company delivered another meaningful beat and raise. The AI demand continues to climb meaningfully higher. NVIDIA's visibility is... More
