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New Street Research Upgrades NVIDIA (NVDA) to Buy

(Updated - August 6, 2024 9:12 AM EDT)

New Street Research analyst Pierre Ferragu upgraded NVIDIA (NASDAQ: NVDA) from Neutral to Buy with a price target of $120.00.

The analyst comments "Since the peak of June, Nvidias stock has pulled back by 26%, underperforming most... More

Rosenblatt Defending NVIDIA (NVDA)

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVDA shares are under pressure due to continued rumors of a several-month delay in Blackwell B200 GPUs due to an undisclosed silicon flaw.... More

DA Davidson Reiterates Neutral Rating on NVIDIA (NVDA), PT $900

DA Davidson analyst Gil Luria reiterated a Neutral rating and $900.00 price target on NVIDIA (NASDAQ: NVDA). Yes that is $900, the firm still has yet to adjust for the stock split.

The analyst comments "We believe the reported delays in Blackwell deliveries are... More

Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA), PT $135

Goldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $135.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "

The Information reported over the weekend that Nvidias next-generation products based on the Blackwell architecture could be delayed by at... More

Citi Removes 30-Day Upside Catalyst Watch on NVIDIA (NVDA)

Citi analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Following news1 that NVIDIA is likely to have its Blackwell chips delayed by 3 months, we cut our Jan-Q Blackwell GPU units forecast. Given strong AI demand, we foresee some customers increasing their demand of H100/H200 which should help... More

5 analysts discuss Apple stock after earnings: 'The best is yet to come'

Following Apple's (NASDAQ: AAPL) latest earnings report, five analysts have weighed in on the stock, highlighting a generally positive outlook. Despite varying degrees of enthusiasm, one analyst suggests that the best is yet to come for Apple.

Bernstein praised Apple's fiscal Q3 performance, noting that results were "modestly ahead of consensus" with revenues growing 5% and services expanding by 14%. Bernstein emphasized Apple's strong free cash flow and its restrained capital expenditures, describing Apple's approach as "capital-light," which mitigates overinvestment risks.

They raised their FY24 and FY25 EPS estimates and reiterated... More

Apple stock is a good place to hide as market selloff accelerates

As the market selloff accelerates, Apple (NASDAQ: AAPL) emerges as a resilient stock and a safe haven for investors, according to Needham & Company analysts.

Apple reported impressive fiscal Q3 2024 results with revenues of $85.8 billion, operating income of $25.4 billion, and diluted EPS of $1.40, surpassing analyst estimates. Despite a slight decline in iPhone revenues, Apple's robust financial performance... More

Snap Inc (SNAP) PT Lowered to $18 at BMO Capital

BMO Capital analyst Brian J. Pitz lowered the price target on Snap Inc (NYSE: SNAP) to $18.00 (from $20.00) while maintaining a Outperform rating.

The analyst comments "Reiterate Outperform on 1) improving user engagement trends with total time spent up 25% Y/Y, while MAU up 6% from... More

Block Inc (SQ2:AU) (SQ) PT Raised to AUD138 at JPMorgan

JPMorgan analyst Tien-tsin Huang raised the price target on Block Inc (SQ2:AU) (NYSE: SQ) to AUD138.00 (from AUD137.00) while maintaining a Overweight rating.

The analyst comments "2Q featured a solid top and bottom line beat, led by Cash App, and outlook was encouragingly raised beyond 2Q upside. Numbers aside, the focus on GTM in Jack Dorseys SH letter should be music to investors ears,... More

Apple (AAPL) PT Raised to $245 at Monness, Crespi, Hardt

Monness, 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

Macquarie Reiterates Outperform Rating on Block Inc. (SQ)

Macquarie analyst Paul Golding reiterated an Outperform rating and $100.00 price target on Block Inc. (NYSE: SQ).

The analyst comments "Q2 earnings beat guidance and cons. despite revs/GPV missing. BTC has driven this. The beat and outlook sees the FY24 guide upgraded again. Various... More