Midday movers: Macy's, Super Micro Computer rise; Apple, Tesla fall
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- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Super Micro Computer (SMCI) started at buy, Argus sees near and long-term growth
March 6, 2024 9:36 AM ESTAnalysts at Argus initiated coverage of Super Micro Computer (NASDAQ: SMCI) with a Buy rating and a $1,350 price target in a note this week.
The firm described the company as a "leading computer and server provider for the age of... More
Wedbush remains bullish on Apple (AAPL), 'brighter days will be ahead'
March 5, 2024 9:27 AM ESTDespite Apple (NASDAQ: AAPL) shares continuing to decline, analysts at Wedbush continue to remain bullish on the stock.
The firm said Tuesday that the current sentiment is "dismal" with China headwinds impacting the stock, but they remain positive on the iPhone maker.
"While investor sentiment around the AI Revolution is reaching a feverish pitch, on... More
Apple (AAPL) at a crossroads, needs to step up with AI - Rosenblatt
March 5, 2024 7:35 AM ESTApple (NASDAQ: AAPL) is at a crossroads, according to analysts at Rosenblatt on Tuesday, who believe "AI needs to step up" at the tech powerhouse.
The firm, which has a Neutral rating and a $189 price target on the stock, said Apple shuttering the... More
Workday (WDAY) falls after missing the cut for S&P 500 inclusion
March 4, 2024 12:49 PM ESTWorkday (NASDAQ: WDAY) shares fell more than 5% Monday, trading close to the $275 per share mark after the company missed the cut to be included in the S&P 500.
S&P Dow Jones announced the quarterly rebalance of major indices, which takes effect on March... More
