AMD replaces Nvidia on Wolfe's top stocks list
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- S&P 500 ends lower; chips tumble and Moderna rallies
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- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Rosenblatt Previews NVIDIA (NVDA) Earnings
May 20, 2024 6:46 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $1,400.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "We expect NVIDIA to beat and raise in the April quarter, albeit not reaching the levels of the January quarter, due to improved supply and anticipated year-over-year deceleration from tougher comparisons. We believe that NVIDIA is still facing shortages of CoWoS and HBM, although the shortage of CoWoS is... More
NVIDIA (NVDA) PT Raised to $1,200 at Baird
May 20, 2024 5:24 AM EDTBaird analyst Tristan Gerra raised the price target on NVIDIA (NASDAQ: NVDA) to $1,200.00 (from $1,050.00) while maintaining a Outperform rating.
The analyst comments "Raising estimates/price target on continued strength in AI-related demand for Nvidia. There is no match to Nvidia's products offering... More
Citi Reiterates Buy Rating on AMD (AMD)
May 17, 2024 3:53 PM EDTCiti analyst Christopher Danely reiterated a Buy rating and $176.00 price target on AMD (NASDAQ: AMD).
The analyst comments "AMD is trading higher today following a Reuters report (16-May-2024) that Microsoft will offer AMD's MI300 AI chips to its cloud customers alongside Nvidia's... More
