Upcoming Fed meeting, Adobe, Bitcoin - what's moving markets

Go back to Upcoming Fed meeting, Adobe, Bitcoin - what's moving markets

CFRA Comments on NVIDIA (NVDA) Conference

March 19, 2024 8:43 AM EDT

CFRA analyst Angelo Zino reiterated a Buy rating and $1,000.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "
We took away three important messages from Jensen Huang's GTC keynote. First, hardware revenue has more upside, as NVDA's Blackwell GPU (B200) will command higher... More

NVIDIA (NVDA) PT Raised to $1,000 at Goldman Sachs, 'we come away from the keynote with a renewed appreciation'

March 19, 2024 5:10 AM EDT

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $1,000.00 (from $875.00) while maintaining a Conviction Buy rating.

The analyst comments "On March 18, we attended a keynote by Nvidia's Founder and CEO, Jensen Huang, at GTC 2024. In a sold-out SAP Center in San Jose, CA, Mr.... More

Could Boeing (BA) stock extend drop after Congressman share sale

March 15, 2024 1:16 PM EDT

The recent decline in Boeing (NYSE: BA) stock has been a cause for concern among investors and industry experts alike, prompting closer scrutiny of the various factors weighing on the stock. Against this backdrop, the sale of shares by a congressman has emerged as a focal point, raising questions about the timing of the sale. It also prompts the question of whether Boeing's stock decline will extend further.

Boeing woes

Boeing's shares have declined due to a series of manufacturing mishaps and safety concerns, which have raised questions about the company's... More

Adobe (ADBE) PT Lowered to $511 at HSBC, 'AI raises competitive threat'

March 15, 2024 8:27 AM EDT

HSBC analyst Stephen Bersey lowered the price target on Adobe (NASDAQ: ADBE) to $511.00 (from $557.00) while maintaining a Hold rating.

The analyst comments "Maintain Hold and cut TP to USD511.00 (USD557.00): We value Adobe using a PE multiple-based valuation metric. We apply our... More

Adobe (ADBE) PT Lowered to $630 at CFRA

March 15, 2024 8:10 AM EDT

CFRA analyst Angelo Zino lowered the price target on Adobe (NASDAQ: ADBE) to $630.00 (from $700.00) while maintaining a Buy rating.

The analyst comments "We reduce our 12-month target to $630 from $700, on P/E of 30x our CY 25 EPS view, below historical. We keep... More

Adobe (ADBE) PT Lowered to $610 at BMO Capital

March 15, 2024 6:41 AM EDT

BMO Capital analyst Keith Bachmann lowered the price target on Adobe (NASDAQ: ADBE) to $610.00 (from $660.00) while maintaining a Outperform rating.

The analyst comments "Adobe delivered a modest net new ARR beat, as we had suggested, but we think there was disappointment with... More