Fed decision, Samsung, UK inflation - what's moving markets

Micron Technology (MU) PT Raised to Street High $225 at Rosenblatt

Rosenblatt analyst Hans Mosesmann raised the price target on Micron Technology (NASDAQ: MU) to $225.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "Micron crushed its February quarter print and May quarter outlook on strong AI momentum, general market recovery, and a faster-than-expected impact to DRAM supply on aggressive HBM3e wafer allocation (requires 3x the number of wafers vs. DDR5). HBM3e alone will drive most of the DRAM... More

Micron Technology (MU) PT Raised to $130 at Piper Sandler

Piper Sandler analyst Harsh Kumar raised the price target on Micron Technology (NASDAQ: MU) to $130.00 (from $95.00) while maintaining a Overweight rating.

The analyst comments "Micron reported stellar results and guidance primarily driven by end-market tailwinds which we expect to last through... More

Micron Technology (MU) PT Raised to $120 at Needham

Needham analyst N. Quinn Bolton raised the price target on Micron Technology (NASDAQ: MU) to $120.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "Micron posted a very strong beat and raise F2Q24 as the memory market inflects higher across the... More

Micron Technology (MU) PT Raised to $135 at Cantor Fitzgerald, 'Don’t Overthink It, the Memory Cycle is Just Getting Started'

Cantor Fitzgerald analyst C.J. Muse raised the price target on Micron Technology (NASDAQ: MU) to $135.00 (from $120.00) while maintaining a Overweight rating.

The analyst comments "Expectations were high, but Micron certainly delivered the goods. The May Q outlook is better any way you... More

Boeing (BA) PT Lowered to $210 at BofA Securities

BofA Securities analyst Ronald Epstein lowered the price target on Boeing (NYSE: BA) to $210.00 (from $225.00) while maintaining a Neutral rating.

The analyst comments "Despite being in a strong civil aviation market, we think Boeings shares are likely range bound for the time being... More

Micron Technology (MU) PT Raised to $150 at TD Cowen

TD Cowen analyst Karl Ackerman raised the price target on Micron Technology (NASDAQ: MU) to $150.00 (from $120.00) while maintaining a Outperform rating.

The analyst comments "Results/guide were flawless & surpassed even the most bullish expectations we heard. With the stock trading at ~13x... More

General Mills (GIS) PT Raised to $72 at BofA Securities, 'No rolling over'

BofA Securities analyst Bryan Spillane raised the price target on General Mills (NYSE: GIS) to $72.00 (from $68.00) while maintaining a Neutral rating.

The analyst comments "General Mills (GIS) reported 3Q24 earnings ahead of Street expectations on both sales and operating margin. Coming... More

Barclays Comments on Boeing (BA) MAX Deliveries

Barclays analyst David Strauss reiterated an Equalweight rating and $235.00 price target on Boeing (NYSE: BA)

The analyst comments "MAX deliveries consist of a mix of aircraft that were produced prior to the grounding being lifted in late 2020 (storage) along with aircraft that have been produced since then... More

General Mills (GIS) PT Raised to $70 at Deutsche Bank

Deutsche Bank analyst Steve Powers raised the price target on General Mills (NYSE: GIS) to $70.00 (from $68.00) while maintaining a Hold rating.

The analyst comments "GIS beat fiscal 3Q expectations ($1.17 EPS vs. Street $1.05) driven by (i) better-than-anticipated North America Retail (modest increase in... More

Boeing (BA) PT Lowered to $240 at Deutsche Bank

Deutsche Bank analyst Scott Deuschle lowered the price target on Boeing (NYSE: BA) to $240.00 (from $285.00) while maintaining a Buy rating.

The analyst comments "We are materially cutting our 2024-2027 EBIT, EPS, and FCF estimates. Changes to our model are summarized in the table... More

Micron Technology (MU) PT Raised to $98 at Morgan Stanley

Morgan Stanley analyst Joseph Moore raised the price target on Micron Technology (NASDAQ: MU) to $98.00 (from $78.00) while maintaining a Underweight rating.

The analyst comments "This was a good quarter from Micron, better than expected as better pricing fell through to... More

Micron Technology (MU) PT Raised to $122 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on Micron Technology (NASDAQ: MU) to $122.00 (from $112.00) while maintaining a Buy rating.

The analyst comments "Micron reported very strong FY2Q results driven by robust DRAM/NAND pricing and guided FY3Q non-GAAP... More

BofA Review NVIDIA (NVDA) GTC, 'AI dominance continues in training + inference'

BofA Securities analyst Vivek Arya reiterated a Buy rating and $1,100.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Maintain Buy, $1100 PO and top compute pick following financial analyst Q&A session at GTC 2024 (see our initial GTC takeaways report). Overall,... More

Morgan Stanley on General Mills (GIS) Following Earnings: 'We expect a positive share price reaction'

Morgan Stanley analyst Pamela Kaufman reiterated an Underweight rating and $58.00 price target on General Mills (NYSE: GIS).

The analyst comments "We expect a positive share price reaction to GISs Q3 results and reaffirmed FY24 guidance. GIS reported better than expected Q3 EPS of $1.17 vs. MSe/ consensus ($1.00/$1.05) driven by a 3% revenue beat vs. the Street and lower SG&A spend, that offset weaker than expected gross margins. Lower interest expense added $0.01 and a... More

Jefferies Reiterates Buy Rating on Boeing (BA), 'MAX Push to FCF and Margins'

Jefferies analyst Shelia Kahyaoglu reiterated a Buy rating and $300.00 price target on Boeing (NYSE: BA).

The analyst comments "We revisit 2024 FCF and delivery ests w/ BA guiding to a $4.0-4.5BB cash outflow ($2BB downside surprise) in Q1 and low $BBs... More

Boeing (BA) PT Lowered to $225 at RBC Capital, 'impact less than feared'

RBC Capital analyst Ken Herbert lowered the price target on Boeing (NYSE: BA) to $225.00 (from $260.00) while maintaining a Outperform rating.

The analyst comments "Boeing (BA) provided a significant update to its 2024 and 2025/2026 outlook at an investor conference today. For 2024, BA... More

Nvidia GTC: Citi discusses implications for Intel, Micron and AMD stock

In a note to clients this week, analysts at Citi discussed the implications for Intel (NASDAQ: INTC), Micron Technology (NASDAQ: MU), and AMD (NASDAQ: AMD) after Jen-Hsun Huang, CEO of NVIDIA... More

Vertical Research Partners on Boeing (BA): 'myriad of problems'

Vertical Research Partners analyst Robert Stallard reiterated a Hold rating and $230.00 price target on Boeing (NYSE: BA).

The analyst comments "The first step towards fixing a problem is acknowledging that it exists. Boeings cut to its free cash flow guidance is an... More

Stifel Out Positive on Boeing (BA): 'We believe Boeing is on track to see build rates improve'

Stifel analyst Bert W. Subin reiterated a Buy rating and $270.00 price target on Boeing (NYSE: BA).

The analyst comments "This morning, Boeing's CFO made comments at a competitor conference that indicated -$4-4.5B of FCF in 1Q, some of which will not be made up for the year. This... More

NVIDIA (NVDA) PT Raised to $950 at Argus

Argus analyst Jim Kelleher raised the price target on NVIDIA (NASDAQ: NVDA) to $950.00 (from $850.00) while maintaining a Buy rating.

The analyst comments "In summary, Nvidia continues to develop ever more powerful generative AI tools and is now powering trillion-parameter multi-mode models. New... More

NVIDIA (NVDA) PT Raised to $1,030 at Citi

Citi analyst Atif Malik raised the price target on NVIDIA (NASDAQ: NVDA) to $1,030.00 (from $820.00) while maintaining a Buy rating.

The analyst comments "We came away from the first two days of GTC more positive in NVIDIAs ability to vertically integrate its computing,... More