LeddarTech Reports F2Q24 Results

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Texas Instruments (TXN) started at underweight by Wells Fargo on key concerns

May 16, 2024 8:56 AM EDT

Wells Fargo initiated coverage of Texas Instruments (NASDAQ: TXN) at Underweight with a $150 price target in a note Thursday, reflecting analysts' concerns.

The bank said it believes the company can't achieve its revenue targets and related utilization.

"Our UW rating... More

Arm Holdings (ARM) target lifted at Bernstein but 'valuation looks very full'

May 16, 2024 8:28 AM EDT

Bernstein upped the price target on Arm Holdings (NASDAQ: ARM) to $92 from $72 on Thursday, although the investment firm maintained an Underperform rating on the stock.

Assessing Arm's recent earnings release, Bernstein noted that it posted second consecutive quarter of record revenue ahead of... More