Midday movers: Walmart, Discover rise; Home Depot falls

NVIDIA (NVDA) PT Raised to $840 at CFRA

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $840.00 (from $700.00) while maintaining a Buy rating.

The analyst comments "We lift our 12-month target to $840 from $700, on P/E of 30x our CY 25 EPS view, above peers/ below... More

Evercore ISI Downgrades Capital One Financial (COF) to In Line

Evercore ISI analyst John Pancari downgraded Capital One Financial (NYSE: COF) from Outperform to In Line with a price target of $142.00 (from $160.00).

The analyst comments "Moving to sidelines as DFS deal uncertainty could limit upside; constructive on L/T outlook. We are downgrading COF to In Line from Outperform as we expect uncertainty re: regulatory approval of the DFS deal, lengthy TBV earnback & sizable... More

NVIDIA (NVDA) PT Raised to $875 at Goldman Sachs, 'Robust Gen AI infrastructure'

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $875.00 (from $800.00) while maintaining a Conviction Buy rating.

The analyst comments "

Nvidia delivered against what was seemingly a very high bar with Data Center once again serving as the key growth driver. Looking ahead, despite the >3x yoy increase in Data Center revenue in... More

Citi Comments on NVIDIA (NVDA) Earnings, Offers Focus Points Before The Conference Call

Citi analyst Atif Malik reiterated a Buy rating and $575.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "Fundamentals: NVDA reported Jan-Q revs/non-GAAP EPS (ex-SBC) of $22.1B/$5.16 vs. our $20B/$4.58 (ex-SBC) and Streets (FactSet) $20.4B/$4.59 and guided Apr-Q revenue to $24B (at MP) vs. our $20B and Streets $21.5B. Higher Hopper GPU shipments... More

These analysts are buying the reset and dip in Home Depot (HD), here's why

Analysts at Wells Fargo and JPMorgan are bullish on Home Depot (NYSE: HD) following the initial pullback in its share price in reaction to its earnings release on Tuesday.

After opening lower, HD shares managed to close the session 0.06% higher following the release.

That initial decline prompted JPMorgan analyst Christopher Horvers to state the company's... More

CFRA Upgrades Allegion (ALLE) to Buy (earlier)

CFRA upgraded Allegion (NYSE: ALLE) from Hold to Buy with a price target of $165.00.

For an analyst ratings summary and ratings history on Allegion click here. For more ratings news on Allegion click here.

Shares of Allegion closed at $132.42 yesterday.

Intel (INTC) climbs as U.S. reportedly discusses $10 billion in chip subsidies

Shares of Intel Corp. (NASDAQ: INTC) rose more than 2.7% ahead of Tuesdays market open, driven by reports that the Biden administration is in talks to provide INTC with subsidies of more than $10 billion.

According to Bloomberg News, the proposed financial... More