Nvidia stock Top Pick at Morgan Stanley again after tech sell-off
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Apple (AAPL) PT Raised to $245 at Monness, Crespi, Hardt
August 2, 2024 1:05 PM EDTMonness, Crespi, Hardt analyst Brian White raised the price target on Apple (NASDAQ: AAPL) to $245.00 (from $205.00) while maintaining a Buy rating.
The analyst comments "Apple, Inc. (AAPL Buy $218.36): Raising Estimates and Increasing Price Target to $245. Last night, Apple reported 3Q:FY24 upside and... More
Susquehanna Reiterates Positive Rating on Amazon.com (AMZN)
August 2, 2024 6:02 AM EDTSusquehanna analyst Shyam Patil reiterated a Positive rating and $220.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "2Q fine overall. Revenue of $148b grew 11% y/y ex-FX, decelerating two points vs. 1Q, and was 1% above our estimate but a touch below consensus. Online stores revenue grew 6% y/y ex-FX, 1% above our estimate but 1% below consensus. Paid units were up 11% y/... More
JPMorgan Reiterates Overweight Rating on Apple (AAPL)
August 2, 2024 5:20 AM EDTJPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $265.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "As straight a beat as they come - with our broader coverage of Hardware companies reporting a diverse mix of results in an uneven macro, Apples results and execution in that backdrop stood out in its non-eventful nature as most product categories beat consensus expectation helping aggregate revenue do the same. In relation to our bullish view on the AI upgrade cycle, a non-eventful quarter with Apple beating estimates across the board... More
Amazon.com (AMZN) PT Raised to $215 at Roth/MKM
August 2, 2024 5:12 AM EDTRoth/MKM analyst Rohit Kulkarni raised the price target on Amazon.com (NASDAQ: AMZN) to $215.00 (from $210.00) while maintaining a Buy rating.
The analyst comments "AMZN reported inline-ish 2Q vs. Street, however, below elevated expectations. 3Q revenue guide feels soft while 3Q margins... More
Nancy Pelosi buying more Nvidia shares
August 1, 2024 9:16 AM EDTCongresswoman Nancy Pelosi's recent financial disclosure revealed that she bought more NVIDIA (NASDAQ: NVDA) shares and sold some Microsoft (NASDAQ: MSFT) shares.
According to a new congressional trading form, the Congresswoman bought 10,000 shares worth of Nvidia, with the... More
Morgan Stanley on NVIDIA (NVDA): 'Moving NVDA back to Top Pick post selloff'
July 31, 2024 7:04 AM EDTMorgan Stanley analyst Joseph Moore reiterated an Overweight rating and $144.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "No change to earnings or PT, but the selloff presents a good entry point as we continue to hear strong data points short term and long term, with overblown competitive concerns. Move NVDA to Top Pick. What... More
Northland Reiterates Outperform Rating on AMD (AMD)
July 31, 2024 6:46 AM EDTNorthland analyst Gus Richard reiterated an Outperform rating and $175.00 price target on AMD (NASDAQ: AMD).
The analyst comments "AMD beat consensus by $0.01 on revenue upside primarily from AI, reaching revenue of over $1B vs our model of $900M. Client revenue was... More
Stifel Reiterates Buy Rating on AMD (AMD)
July 31, 2024 6:42 AM EDTStifel analyst Ruben Roy reiterated a Buy rating and $200.00 price target on AMD (NASDAQ: AMD).
The analyst comments "AMDs results and outlook were modestly above expectations with revenue exceeding the midpoint of management guidance on higher-than-expected data center, client and server processor sales.... More
AMD (AMD) PT Lowered to $180 at Cantor Fitzgerald
July 31, 2024 6:33 AM EDTCantor Fitzgerald analyst C.J. Muse lowered the price target on AMD (NASDAQ: AMD) to $180.00 (from $200.00) while maintaining a Overweight rating.
The analyst comments "Amidst investor fears of a slowdown in MI300 demand from Microsoft, AMD offered a better-than-feared report including a modest beat for the June Q, mixed outlook for the September Q (slightly better revs, worse EPS), and, very importantly, raised its outlook for MI300 revenues from >$4B+ to >$4.5B+. Specific to the MI300 and AI outlook, we... More
AMD (AMD) PT Lowered to $156 at Truist Securities
July 31, 2024 5:22 AM EDTTruist Securities analyst William Stein lowered the price target on AMD (NASDAQ: AMD) to $156.00 (from $162.00) while maintaining a Hold rating.
The analyst comments "Incrementally raising AI GPU guidance. AMD's beat Q2 consensus & guided Q3 mixed. The Datacenter & Client end market upsides will likely predominate... More
