Midday movers: Workday, Ross Stores, CAVA Group rise ; Intuit falls

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NVIDIA (NVDA) PT Raised to $145 at Truist Securities

August 27, 2024 5:28 AM EDT

Truist Securities analyst William Stein raised the price target on NVIDIA (NASDAQ: NVDA) to $145.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "Fundamental and sentimental factors appear to be still improving. Ahead of NVDA's CQ2 (July), our regular dialog with component buyers &... More

CAVA Group Inc (CAVA) PT Raised to $122 at Loop Capital

August 26, 2024 7:16 AM EDT

Loop Capital analyst Alton Stump raised the price target on CAVA Group Inc (NYSE: CAVA) to $122.00 (from $80.00) while maintaining a Hold rating.

The analyst comments "CAVA reported another sharp EBITDA and solid comparable sales beat in 2Q; Maintaining our HOLD rating on... More

Loop Capital Reiterates Buy Rating on NVIDIA (NVDA)

August 26, 2024 7:14 AM EDT

Loop Capital analyst Ananda Barush reiterated a Buy rating and $175.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Reiterating our Buy and $175 PT as NVDA prepares to report July Q EPS on Wed 8/28. Our work suggests that while Blackwell is... More

Peloton Interactive (PTON) PT Raised to $4.75 at Baird

August 26, 2024 6:59 AM EDT

Baird analyst Jonathan Komp raised the price target on Peloton Interactive (NASDAQ: PTON) to $4.75 (from $4.00) while maintaining a Neutral rating.

The analyst comments "Maintaining Neutral rating, raising adjusted EBITDA and price target to $4.75 (12X NTM EV/EBITDA) amid improved profitability. FQ4 revenue/adjusted... More

Morgan Stanley on NVIDIA (NVDA): 'remains our Top Pick'

August 26, 2024 6:20 AM EDT

Morgan Stanley analyst Joseph Moore reiterated an Overweight rating and $144.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "That said, NVIDIA remains our Top Pick, and regardless of expectations issues, the fact that headwinds (including China export controls last year, challenges in... More

CAVA Group Inc (CAVA) PT Raised to $90 at JPMorgan

August 26, 2024 5:40 AM EDT

JPMorgan analyst John Ivankoe raised the price target on CAVA Group Inc (NYSE: CAVA) to $90.00 (from $77.00) while maintaining a Neutral rating.

The analyst comments "CAVAs multi-regional success continues to support eventual national scale - with 2Q24 headline SSS of 14.4% underpinned by 9%+ traffic coming... More

BofA Securities Reiterates Buy Rating on Uber Inc. (UBER)

August 26, 2024 5:31 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $88.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "Uber highlighted New Vertical products as key drivers for long-term growth (we est. New Verticals will contributed about 6ppts to Mobility... More

Citi on NVIDIA (NVDA): 'we believe any updates ahead of the earnings call next week will help level set investor expectations'

August 23, 2024 11:57 AM EDT

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

The analyst comments "According to its company blog published today (23-Aug-24), ahead of the annual Hot Chips conference next week, NVIDIA is planning to talk Blackwell with new... More

Needham Reiterates Buy Rating on Workday (WDAY)

August 23, 2024 9:53 AM EDT

Needham analyst Scott Berg reiterated a Buy rating and $350.00 price target on Workday (NASDAQ: WDAY).

The analyst comments "WDAY reported upside to revenue and EPS but only maintained their full-year subscription guide on continuing macro headwinds. Sales commentary was sluggish with a... More

CAVA Group Inc (CAVA) PT Raised to $115 at Citi

August 23, 2024 8:44 AM EDT

Citi analyst Jon Tower raised the price target on CAVA Group Inc (NYSE: CAVA) to $115.00 (from $93.00) while maintaining a Neutral rating.

The analyst comments "CAVA continues to benefit from being in an almost singular category that is hard to replace at home, while also... More