Nvidia is 'in a league of its own,' BTIG says
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June 25, 2024 8:59 AM EDT
Goldman Sachs reiterated its Buy rating on Microsoft (NASDAQ: MSFT) with a $515 price target in a note this week, citing strong returns on the company's investments in Generative AI (Gen-AI).
While some investors are concerned about the return on investment (ROI) for Gen-AI, Goldman Sachs sees parallels to the company's successful Azure cloud computing build-out.
"We draw several parallels to the Azure infrastructure build-out in which Azure CapEx intensity (CapEx / Azure Revenue) stabilized... More
June 24, 2024 1:56 PM EDT
Jefferies analysts are bullish on Buy-rated NVIDIA (NASDAQ: NVDA), raising their price target to $150 per share from $135 in a note Monday.
This increase reflects positive takeaways from their recent Asia trip and upcoming meetings with key players in the AI space.
In a recent note, Jefferies acknowledges mixed performance within the AI sector. While Nvidia... More
