After-hours movers: Broadcom, Costco, EVgo, Candel Therapeutics
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Costco Wholesale (COST) PT Raised to $1,070 at Raymond James
December 16, 2024 9:29 AM ESTRaymond James analyst Bobby Griffin raised the price target on Costco Wholesale (NASDAQ: COST) to $1,070.00 (from $1,030.00) while maintaining a Market Perform rating.
The analyst comments "We reaffirm our Outperform rating and raise our price target to $1,070 following Costcos F1Q25 earnings and management conference call. Costcos F1Q EBIT and EPS were above consensus expectations... More
Restoration Hardware (RH) PT Raised to $500 at Stifel
December 16, 2024 4:19 AM ESTStifel analyst W. Andrew Carter raised the price target on Restoration Hardware (NYSE: RH) to $500.00 (from $420.00) while maintaining a Buy rating.
The analyst comments "Following F3Q24 results, we continue with our Buy rating increasing our outlook/target price emboldened in our... More
Broadcom Limited (AVGO) PT Raised to $250 at JPMorgan
December 16, 2024 4:05 AM ESTJPMorgan analyst Harlan Sur raised the price target on Broadcom Limited (NASDAQ: AVGO) to $250.00 (from $210.00) while maintaining a Overweight rating.
The analyst comments "Broadcom delivered solid Oct-Qtr results on continued strong Q/Q growth in its AI semiconductor segment (up 19% Q/Q) which offset lower software revenues (due to deals pushed into the Jan-Qtr). For the Jan-Qtr, the team guided revenues in line with consensus expectations and better than market expectations on sustained strong AI demand (up 3-4% Q/Q despite 5nm/3nm transition in AI TPU program) and software revenue acceleration.... More
Goldman Sachs Reiterates Buy Rating on Broadcom Limited (AVGO)
December 16, 2024 4:02 AM ESTGoldman Sachs analyst Toshiya Hari reiterated a Buy rating and $240.00 price target on Broadcom Limited (NASDAQ: AVGO).
The analyst comments "While our FY2025 earnings estimate is largely unchanged, we increase our FY2026 non-GAAP EPS (excl. SBC) by 4% to $7.94, and introduce a FY2027 forecast of $10.13 (+28% yoy)... More
Broadcom Limited (AVGO) PT Raised to $230 at CFRA
December 13, 2024 12:37 PM ESTCFRA analyst Angelo Zino raised the price target on Broadcom Limited (NASDAQ: AVGO) to $230.00 (from $220.00) while maintaining a Buy rating.
The analyst comments "We up our 12-month target to $230 from $220 on P/E of 30x our CY 26 EPS estimate, above the historical... More
Costco Wholesale (COST) PT Raised to $1,175 at BMO Capital
December 13, 2024 6:18 AM ESTBMO Capital analyst Kelly Bania raised the price target on Costco Wholesale (NASDAQ: COST) to $1,175.00 (from $1,075.00) while maintaining a Outperform rating.
The analyst comments "Coscto reported a solid quarter as usual, with underlying +10% YoY EPS growth, stable core margins, ~7-8% underlying comps and... More
Costco Wholesale (COST) PT Raised to $1,030 at Evercore ISI
December 13, 2024 5:33 AM ESTEvercore ISI analyst Greg Melich raised the price target on Costco Wholesale (NASDAQ: COST) to $1,030.00 (from $1,020.00) while maintaining a Outperform rating.
The analyst comments "Costcos extreme value proposition is driving solid traffic, share gain and membership growth. Strength is evident from Fresh Produce to Travel to Big & Bulky amidst... More
Restoration Hardware (RH) PT Raised to $480 at Telsey
December 13, 2024 5:06 AM ESTTelsey analyst Cristina Fernandez raised the price target on Restoration Hardware (NYSE: RH) to $480.00 (from $330.00) while maintaining a Market Perform rating.
The analyst comments "TAG View: RHs 3Q24 result was in line with expectations on revenues and fell slightly short on the... More
Raymond James Reiterates Market Perform Rating on Broadcom Limited (AVGO)
December 13, 2024 5:03 AM ESTRaymond James analyst Srini Pajjuri reiterated a Market Perform rating on Broadcom Limited (NASDAQ: AVGO).
The analyst comments "AVGOs F4Q results and F1Q revenue outlook were broadly in-line. Managements commentary regarding AI SAM in 2027 was the highlight of the call, which likely drove the stock up >10% in the aftermarket. Management sees $60-90B opportunity in 2027 at its 3 hyperscale customers... More
Costco Wholesale (COST) PT Raised to $935 at Truist Securities
December 13, 2024 4:56 AM ESTTruist Securities analyst Scot Ciccarelli raised the price target on Costco Wholesale (NASDAQ: COST) to $935.00 (from $909.00) while maintaining a Hold rating.
The analyst comments "Costco delivered a solid quarter, as sales trends remain strong (stacked growth continues to be the strongest/most... More
Broadcom Limited (AVGO) PT Raised to $245 at Mizuho
December 13, 2024 4:52 AM ESTMizuho analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $245.00 (from $220.00) while maintaining a Outperform rating.
The analyst comments "AVGO reported OctQ and JanQ guide in line to $14.6B, with a BIG AI revenue outlook to F27E... More
Broadcom Limited (AVGO) PT Raised to $233 at Morgan Stanley
December 13, 2024 4:48 AM ESTMorgan Stanley analyst Joseph Moore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $233.00 (from $180.00) while maintaining a Overweight rating.
Th analyst comments "Thoughts on the stock: We were surprised at the solid results given expectations of some deceleration at TPU, and we stop short of underwriting all of the CY27 forecasts. That said, we like the AI exposures here, as expectations nearer term are lower than peers, the... More
Costco Wholesale (COST) PT Raised to $1,150 at Morgan Stanley
December 13, 2024 4:47 AM ESTMorgan Stanley analyst Simeon Gutman raised the price target on Costco Wholesale (NASDAQ: COST) to $1,150.00 (from $950.00) while maintaining a Overweight rating.
The analyst comments "Raising our PT to $1,150, remain OW. Our new PT is based on ~56x our C26 EPS of $20.84 (vs our prior target of $950, predicated on 47x our C'26 EPS of $20.35). We believe 56x P/E is... More
Broadcom Limited (AVGO) PT Raised to $250 at BofA Securities
December 13, 2024 4:45 AM ESTBofA Securities analyst Vivek Arya raised the price target on Broadcom Limited (NASDAQ: AVGO) to $250.00 (from $215.00) while maintaining a Buy rating.
The analyst comments "Reiterate Buy on: 1) AVGOs expanding custom-chip (ASIC) AI to 5 vs 3 major customers prior, 2) surging AI opportunity... More
Broadcom Limited (AVGO) PT Raised to $250 at Evercore ISI
December 13, 2024 4:43 AM ESTEvercore ISI analyst Mark Lipacis raised the price target on Broadcom Limited (NASDAQ: AVGO) to $250.00 (from $201.00) while maintaining a Outperform rating.
The analyst comments "We reiterate OP rating on AVGO following OctQ $0.03 EPS beat and JanQ implied EPS outlook of $1.53 that was $0.07/4% above the Street. We continue to view AVGO as a top Custom AI beneficiary as we argued in our Custom-AI chip note: (Hyperscalers and Custom-ICs: Thing or Fling?) and believe investors are underestimating the Custom... More
Costco Wholesale (COST) PT Raised to $1,096 at Deutsche Bank
December 13, 2024 4:42 AM ESTDeutsche Bank analyst Krisztina Katai raised the price target on Costco Wholesale (NASDAQ: COST) to $1,096.00 (from $1,091.00) while maintaining a Buy rating.
The analyst comments "Once again, COST left little to pick at with its 1Q results, and instead provided further evidence to justify its premium valuation. Despite SG&A coming in a... More
Broadcom Limited (AVGO) PT Raised to $240 at Deutsche Bank
December 13, 2024 4:41 AM ESTDeutsche Bank analyst Ross Seymore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $240.00 (from $190.00) while maintaining a Buy rating.
The analyst comments "Unlike their previous report, not only did AVGO deliver a solid report/guide (top-line ~in-line/+4% vs. DBe in the report/guide, respectively) but they more... More
Costco Wholesale (COST) PT Raised to $900 at DA Davidson
December 13, 2024 4:40 AM ESTDA Davidson analyst Michael Baker raised the price target on Costco Wholesale (NASDAQ: COST) to $900.00 (from $880.00) while maintaining a Neutral rating.
The analyst comments "COSTs sales came in ahead of expectations at $62,151M versus consensus of $61,995M, or up 7.5%... More
