Mizuho analyst Vijay Rakesh maintains ARM Holdings (NASDAQ:ARM) with a Buy and raises the price target from $75 to $85.
Mizuho raises ARM Holdings (NASDAQ:ARM) price target from $75 to $85 Read Post »
IBM (NYSE:IBM) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/05/2024 -9.96% Societe Generale → $143 Downgrades Hold → Sell 11/13/2023 -11.85% Wedbush → $140 Reiterates Neutral → Neutral 10/26/2023 12.71% RBC Capital $188 → $179 Maintains Outperform 10/26/2023 -2.41% BMO Capital $152 → $155 Maintains Market Perform 10/26/2023 -11.85% Wedbush → $140 Reiterates Neutral → Neutral 10/17/2023 -18.15% Morgan Stanley $135 → $130 Maintains Equal-Weight 09/20/2023 18.37% RBC Capital → $188 Initiates Coverage On → Outperform 07/20/2023 0.74% B of A Securities $152 → $160 Maintains Buy 07/20/2023 -9.33% Stifel $140 → $144 Maintains Buy 07/20/2023 -15% Morgan Stanley $135 → $135 Reiterates Equal-Weight → Equal-Weight 07/20/2023 -11.85% Wedbush → $140 Reiterates Neutral → Neutral 07/20/2023 -4.29% BMO Capital $150 → $152 Maintains Market Perform 07/17/2023 -5.55% BMO Capital $145 → $150 Maintains Market Perform 07/12/2023 -15% Morgan Stanley $135 →
IBM (NYSE:IBM) Stock Analyst Ratings Read Post »
RBC Capital analyst Matthew Hedberg initiates coverage on Snowflake (NYSE:SNOW) with a Outperform rating and announces Price Target of $230.
RBC Capital announces Snowflake (NYSE:SNOW) Price Target of $230 Read Post »
Jefferies analyst Brent Thill initiates coverage on IBM (NYSE:IBM) with a Hold rating and announces Price Target of $180.
Jefferies announces IBM (NYSE:IBM) Price Target of $180 Read Post »
Snowflake (NYSE:SNOW) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/04/2024 -14.17% Monness, Crespi, Hardt → $160 Downgrades Neutral → Sell 01/02/2024 34.11% Piper Sandler $220 → $250 Maintains Overweight 12/11/2023 23.38% TD Cowen $215 → $230 Maintains Outperform 12/01/2023 1.93% Rosenblatt $170 → $190 Maintains Neutral 11/30/2023 21.24% Scotiabank $194 → $226 Maintains Sector Outperform 11/30/2023 1.93% Raymond James $170 → $190 Maintains Outperform 11/30/2023 26.07% Stifel $200 → $235 Maintains Buy 11/30/2023 12.65% Truist Securities $200 → $210 Maintains Buy 11/30/2023 13.73% JMP Securities $200 → $212 Maintains Market Outperform 11/30/2023 12.65% Mizuho $180 → $210 Maintains Buy 11/30/2023 28.75% Oppenheimer $220 → $240 Maintains Outperform 11/30/2023 12.65% Wells Fargo $190 → $210 Maintains Overweight 11/30/2023 7.29% JP Morgan $170 → $200 Maintains Overweight 11/30/2023 23.38% Morgan Stanley $215 → $230 Maintains Overweight 11/30/2023 20.7% Needham $216 → $225 Maintains
Snowflake (NYSE:SNOW) stock Analyst Ratings Read Post »
The outlook is getting uglier for chip makers that serve the auto industry. Shares of Mobileye Global, a supplier of autonomous-driving systems and related equipment, fell by more than 25% on Thursday after company said it expects first-quarter revenue to decline by 50% versus the prior year, while Wall Street had expected an increase. The company blamed a buildup of inventories of its EyeQ computer chips at some customers. Mobileye’s forecast echoes downbeat news from ON Semiconductor and Lattice Semiconductor, which provided soft outlooks in late October. Both companies cited deteriorating demand in the auto and industrial markets. Wall Street analysts have been growing increasingly concerned about semiconductor companies with exposure to the auto industry. Earlier Thursday, before the news from Mobileye, Bernstein analyst Stacy Rasgon lowered his rating for Analog Devices stock to Market-Perform from Outperform. He reaffirmed his target of $200 for the price target for the shares,
Apple, Inc. (NASDAQ:AAPL) shares have already fallen more than 5% in 2024 as the company battles weaker consumer demand and restrictions in the Chinese market, but one analyst believes the company is well-positioned for long-term success. What Happened: Neuberger Berman senior research analyst Daniel Flax appeared on CNBC’s “Squawk Box” on Wednesday to discuss Apple’s future growth, as well as potential upcoming product innovations. The analyst noted that Apple has a history of consistently reinventing its product line and he highlighted the company’s broadening of its revenue channels through wearables and services. When discussing Apple’s services revenue, Flax noted that the App Store continues to be a profitable and innovative platform even though the tech giant has faced regulatory hurdles recently. Apple is also expected to continue to build on its product innovation trend as it explores spatial computing with its new VisionPro hardware, Flax said. On the iPhone front,
DA Davidson analyst Gil Luria initiates coverage on Apple (NASDAQ:AAPL) with a Neutral rating and announces Price Target of $166.
DA Davidson announces Apple (NASDAQ:AAPL) Price Target of $166 Read Post »
Intel to Report Fourth-Quarter and Full-Year 2023 Financial Results SANTA CLARA, Calif.–(BUSINESS WIRE)– Intel Corporation today announced that it will report fourth-quarter and full-year 2023 financial results on Thursday, Jan. 25, 2024, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PST that day to discuss the results. A live public webcast of the earnings conference call can be accessed on Intel’s Investor Relations website at intc.com. Associated materials and webcast replay will be available on the site. About Intel Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society
Intel to Report Fourth-Quarter and Full-Year 2023 Financial Results Read Post »
DoorDash to Announce Fourth Quarter 2023 Results on February 15, 2024 SAN FRANCISCO–(BUSINESS WIRE)–January 04, 2024– DoorDash, Inc. (NASDAQ: DASH) today announced the company’s fourth quarter 2023 financial results will be released after market close on Thursday, February 15, 2024. The company’s earnings press release and shareholder letter will be made available on the DoorDash Investor Relations website at ir.doordash.com. DoorDash will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. Interested parties may register for and access the live webcast of the call at the DoorDash Investor Relations website at ir.doordash.com. Following the call, a replay will be available at the same website. DoorDash announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts, the investor relations section of its website (ir.doordash.com), and its
DoorDash to Announce Fourth Quarter 2023 Results on February 15, 2024 Read Post »
Shares of Apple were falling Thursday after the iPhone maker received its second downgrade this week. The stock was down 1.2% to $181.96. The stock has fallen 5.5% this year. The shares have gained 46% over the past 12 months. Piper Sandler analysts Harsh Kumar and Robert Aguanno downgraded Apple to Neutral from Overweight and cut their price target on the shares to $205 from $220 in a wider semiconductors industry report Thursday. “We believe that first half of 2024 will be challenging for the analog market, handset and consumer end markets,” the analysts wrote. “However, we are expecting the GPU accelerator and Generative Artificial Intelligence driven compute markets to perform remarkably well throughout calendar year 2024.” The analysts said there were a few reasons for the downgrade, most of which focused on the iPhone. Piper Sandler said it was concerned about inventory levels stepping into the first half of
Apple Stock Is Getting Bashed in 2024. It Gets Downgraded Again. — Barrons.com Read Post »
MongoDB, Inc. (NASDAQ: MDB) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/04/2024 11.9% UBS $475 → $410 Downgrades Buy → Neutral 12/06/2023 14.63% Mizuho $330 → $420 Maintains Neutral 12/06/2023 29.64% RBC Capital $445 → $475 Maintains Outperform 12/06/2023 30.46% Barclays $470 → $478 Maintains Overweight 12/06/2023 35.1% Needham $445 → $495 Maintains Buy 12/06/2023 36.46% Piper Sandler $425 → $500 Maintains Overweight 12/04/2023 22.82% Stifel → $450 Reiterates Buy → Buy 11/16/2023 36.46% Wells Fargo → $500 Initiates Coverage On → Overweight 11/13/2023 17.36% Truist Securities → $430 Reiterates Buy → Buy 11/08/2023 16.54% Capital One → $427 Upgrades Equal-Weight → Overweight 10/23/2023 20.09% Keybanc $495 → $440 Maintains Overweight 10/12/2023 22.82% B of A Securities → $450 Initiates Coverage On → Buy 10/10/2023 -8.57% Scotiabank → $335 Initiates Coverage On → Sector Perform 10/06/2023 35.1% Tigress Financial $490 →
MongoDB, Inc. (NASDAQ: MDB) Stock Analyst Ratings Read Post »