Apple's EU issues, Broadcom's chips, talks over EV tariffs - what's moving markets

FedEx (FDX) PT Raised to $335 at TD Cowen

TD Cowen analyst Helane Becker raised the price target on FedEx (NYSE: FDX) to $335.00 (from $320.00) while maintaining a Buy rating.

The analyst comments "FDX reported May quarter adj EPS of $5.41, below our estimate of $5.48 but beating consensus by 1.2%. The company guided FY25... More

JPMorgan Upgrades FedEx (FDX) to Overweight 'on Strategic Options in Freight'

JPMorgan analyst Brian Ossenbeck upgraded FedEx (NYSE: FDX) from Neutral to Overweight with a price target of $359.00 (from $296.00).

The analyst comments "We are upgrading shares of FedEx to Overweight and establishing a Dec 2025 price target of $359 after the company took the surprising step of pursuing strategic options for the Freight segment, which is currently embedded in FDX trading at 6.7x versus pure-play peers at 13.3x on NTM EV/EBITDA. Capitalizing on this valuation disconnect through a potential spin-off would be a positive for the rest of the LTL... More

Jefferies Reiterates Hold Rating on FedEx (FDX)

Jefferies analyst Stephanie Moore reiterated a Hold rating and $300.00 price target on FedEx (NYSE: FDX).

The analyst comments "FDX reported an in-line F4Q24 while also providing initial FY25 guidance that was also in-line. For the year-ahead the company expected EPS to be between $20 -... More

Apple (AAPL) PT Raised to $250 at Evercore ISI

Evercore ISI analyst Amit Daryanani raised the price target on Apple (NASDAQ: AAPL) to $250.00 (from $220.00) while maintaining a Outperform rating.

The analyst comments "Apple stock has seen a nice increase since WWDC, but we still think there is more room to run as we see potential for material upside to current iPhone revenue... More

Jefferies sees upside in Nvidia, raises target

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

Apple (AAPL) is JPMorgan's best pick in Edge AI

JPMorgan analysts see Apple (NASDAQ: AAPL) as well-positioned in the Edge AI hardware market, highlighting its large iPhone user base and potential for higher profits compared to competitors.

In its note, the investment bank emphasizes a shift towards "Profit TAM [Total Addressable... More

JPMorgan on Apple (AAPL): 'we don’t see a significant impact to the upgrade cycle'

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $245.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "With investors starting to get onboard steadily with the idea of a robust upgrade cycle to the AI-enabled iPhones to be launched by the company... More