Microsoft expected to see "wave" of customer spending on AI products - Wedbush
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NVIDIA (NVDA) PT Raised to $200 at Rosenblatt, 'We see NVIDIA already in the $5.00 EPS plus level for calendar 2026'
June 18, 2024 6:27 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on NVIDIA (NASDAQ: NVDA) to $200.00 (from $140.00) while maintaining a Buy rating.
The analyst comments "We see Nvidia's Hopper, Blackwell, and Rubin series driving "value" market share in one of Silicon Valley's most successful... More
Apple (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
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
