Futures muted, Nvidia's market cap jumps above $3 trillion - what's moving markets

UBS Reiterates Neutral Rating on Apple (AAPL)

UBS analyst David Vogt reiterated a Neutral rating and $190.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "GenAI interest solid in China but muted elsewhere as cost & privacy are concerns. Somewhat not surprisingly in our view, a high price was cited... More

AMD cut at Morgan Stanley as bank prefers Nvidia and Broadcom

AMD (NASDAQ: AMD) was cut to Equal-Weight from Overweight at Morgan Stanley on Monday. The firm maintains a $176 price target on the stock.

While the bank still favors the narrative, it said investor expectations for the AI business still seem too... More

NVIDIA (NVDA) PT Lowered to $140 at Cantor Fitzgerald, 'remains our TOP PICK in semis'

Cantor Fitzgerald analyst C.J. Muse lowered the price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $1,400.00) while maintaining a Overweight rating.

The analyst comments "NVDA announced a 10-for-1 stock split last Q which officially took effect Friday post close. As such, we... More

Lululemon Athletica Inc. (LULU) PT Raised to $382 at Bernstein SocGen Group

Bernstein SocGen Group analyst Aneesha Sherman raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $382.00 (from $376.00) while maintaining a Market Perform rating.

The analyst comments "LULUs Q1 showed a continues slowdown in the US business, with a Q1 beat... More

Citi Reiterates Buy Rating on Lululemon Athletica Inc. (LULU)

Citi analyst Paul Lejuez reiterated a Buy rating and $415.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)

The analyst comments "1Q sales were in-line w/cons and above bearish market expectations. Investor fears around rising competition from smaller competitors (Alo, Vuori) weighed on... More

BofA Securities Reiterates Buy Rating on Apple (AAPL)

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "As per SensorTower data, App Store revenues in F3Q (after 66 days) increased to $5.4bn (+11% y/y, according to data on developer revenues from... More

Lululemon Athletica Inc. (LULU) PT Raised to $440 at BofA Securities

BofA Securities analyst Lorraine Hutchinson raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $440.00 (from $430.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and think LULU's improving innovation pipeline will result in accelerating sales trends, particularly... More

BTIG Reiterates Buy Rating on Lululemon Athletica Inc. (LULU)

BTIG analyst Janine Stichter reiterated a Buy rating and $425.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)

The analyst comments "While Q1 won't be enough to settle the bull/bear debate, it should be enough to offer a sigh of relief that (1) the... More

Lululemon Athletica Inc. (LULU) PT Lowered to $435 at CFRA

CFRA analyst Zachary Warring lowered the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $435.00 (from $550.00) while maintaining a Buy rating.

The analyst comments "We lower our 12-month price target by $115 to $435, 30.0x our FY 25 (Jan.) EPS estimate and below the... More

Jefferies positive on Alphabet's new CFO, sees potential for stronger returns

Jefferies maintained a Buy rating on Alphabet (NASDAQ: GOOGL) following the appointment of Anat Ashkenazi as CFO, citing her strong track record and potential to unlock shareholder value.

"We believe investors will look positively on GOOGL's appointment," states Jefferies, which has a $200 price target on GOOGL.

They highlight Ashkenazi's impressive tenure at Eli Lilly (LLY), where... More

Lululemon Athletica Inc. (LULU) PT Lowered to $457 at JPMorgan, Added to AFL

JPMorgan analyst Matthew Boss lowered the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $457.00 (from $509.00) while maintaining a Overweight rating.

The analyst comments "With lulus brand still having a place domestically and International an untapped opportunity, our top-line... More

DA Davidson Reiterates Neutral Rating on Apple (AAPL)

DA Davidson analyst Gil Luria reiterated a Neutral rating and $200.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Ahead of Apple's much anticipated Worldwide Developer Conference (WWDC) on June 10, we preview what we believe will be announced at this event, while... More

Lululemon Athletica Inc. (LULU) PT Raised to $440 at BofA Securities

BofA Securities analyst Lorraine Hutchinson raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $440.00 (from $430.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and think LULUs improving innovation pipeline will result in accelerating sales trends, particularly... More