US stock futures muted as tech rally slows, rate fears persist
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- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
NVIDIA (NVDA) PT Raised to $985 at Tigress Financial Partners
February 28, 2024 4:55 PM ESTTigress Financial Partners analyst Ivan Feinseth raised the price target on NVIDIA (NASDAQ: NVDA) to $985.00 while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on NVDA and increase our 12-month target price to $985 as it remains at the forefront of the ongoing acceleration and tipping point of AI adoption across all industries and enterprises that will continue to drive significant revenue and cash flow growth and greater shareholder value creation. NVDA recently reported Q4 revenue increased 256% Y/Y to a record $22.1 billion, driven by accelerated computing and... More
Macy's (M) PT Raised to $22 at Citi, 'We Lean More Positive but Stay Neutral'
February 28, 2024 3:19 AM ESTCiti analyst Paul Lejuez raised the price target on Macy's (NYSE: M) to $22.00 (from $18.00) while maintaining a Neutral rating.
The analyst comments "4Q GM/EPS beat consensus though sales were still weak (comps -5%) and mgmt is looking for a sales decline in... More
CFRA Downgrades Macy's (M) to Hold
February 27, 2024 12:55 PM ESTCFRA analyst Zachary Warring downgraded Macy's (NYSE: M) from Buy to Hold with a price target of $18.00 (from $19.00).
The analyst comments "We lower our 12-month price target by $1 to $18, based on 7.2x our FY 25 (Jan.) EPS estimate and in line with the company's... More
Cathie Wood's Ark Invest continues to take profits in NVIDIA (NVDA)
February 26, 2024 7:52 AM ESTArk Invest CEO Cathie Wood revealed in a tweet Monday that her firm continues to take profits in NVIDIA (NASDAQ: NVDA).
As the artificial intelligence rally intensifies, Wood has been trimming her firm's holdings in the chip company after a more... More
