BofA: ARM, MU well placed as AI expands on-device to phones, PCs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Micron Technology (MU) PT Raised to $185 at Fox Advisors
June 18, 2024 4:28 PM EDTFox Advisors analyst Steven Fox raised the price target on Micron Technology (NASDAQ: MU) to $185.00 while maintaining a Overweight rating.
The analyst comments "We raise our target on the shares of Micron (MU; $153.45; O/P) to $185 ahead of the companys FQ3 (May) results and... More
Stifel: AMD a Buy, three medium-term growth drivers seen
June 18, 2024 1:36 PM EDTStifel maintained a Buy rating and price target of $200 per share on AMD (NASDAQ: AMD) in a note Tuesday, despite the stock's underperformance relative to the broader market and competitor Nvidia.
Stifel acknowledges mixed sentiment on AMD due to concerns around future... More
Micron Technology (MU) Added to BofA US 1 List
June 18, 2024 6:12 AM EDTMicron Technology (NASDAQ: MU) Added to BofA US 1 List
... MoreApple (AAPL) PT Raised to $245 at JPMorgan, 'AI-Highs Still to Be Seen As Upgrade Cycle Led EPS Upsides Leave a Lot of Room'
June 18, 2024 5:03 AM EDTJPMorgan analyst Samik Chatterjee raised the price target on Apple (NASDAQ: AAPL) to $245.00 (from $225.00) while maintaining a Overweight rating.
The analyst comments "We are updating our volume forecasts for the iPhone 16 and iPhone 17 cycle following the WWDC event, which laid out a collection of AI features that in our view will drive an upgrade cycle that starts with the iPhone 16 launch (primarily FY25 impact to financials) followed by a cycle peak with the launch of iPhone 17 (primarily FY26 impact to financials). We are raising our iPhone... More
Micron Technology (MU) PT Raised to $165 at Stifel
June 18, 2024 4:58 AM EDTStifel analyst Brian Chin raised the price target on Micron Technology (NASDAQ: MU) to $165.00 (from $140.00) while maintaining a Buy rating.
The analyst comments "Micron reports F3Q(May) earnings on June 26, and despite supply disruption from the April earthquake in Taiwan, we are... More
Stifel Reiterates Buy Rating on AMD (AMD)
June 18, 2024 4:57 AM EDTStifel analyst Ruben Roy reiterated a Buy rating and $200.00 price target on AMD (NASDAQ: AMD).
The analyst comments "AMD shares are up roughly 8% YTD but off ~30% from the 1-year high. Comparatively, NVDA shares are up 165% YTD and the SOX is up 36%.... More
Truist: Microsoft keeping a foot on the gas in AI
June 17, 2024 12:24 PM EDTTruist analysts believe Microsoft (NASDAQ: MSFT) is maintaining its aggressive stance in the AI sector, positioning itself as a leader in the software industry.
The investment firm states that Microsoft is one of its focus names in the sector heading into the quiet period for... More
