Technology

Intel to Delay $20 Billion Chip Manufacturing Project in Ohio

/ / Technology /

Intel (INTC) is planning to delay the construction of its $20 billion chip-manufacturing project in Ohio over market challenges and a slow rollout of US government support for the industry, the Wall Street Journal reported Thursday, citing people familiar with the matter. Construction of the project’s manufacturing facilities is not expected to be completed until 2026, pushing back Intel’s original target of beginning production in 2025, the report said. “Managing large-scale projects, especially in our industry often involves adapting to changing timelines,” an Intel spokesman reportedly told the Journal. The spokesman declined to give a new timeline for the project, the report said. Intel did not immediately respond to MT Newswires’ request for comment.

Intel to Delay $20 Billion Chip Manufacturing Project in Ohio Read Post »

Oppenheimer Raises Meta Platforms Price Target to $525 From $385 Following Q4 Earnings Beat, Maintains Outperform Rating

/ / Technology /

Oppenheimer raised its price target on Meta Platforms (META) to $525 from $385 following Q4 earnings beat and better-than-expected guidance, driven by broad-based advertiser demand, as AI investments drive relative ad efficiency improvements. The company reported a year-over-year daily user growth acceleration to 8% across its Family of Apps, indicating Reels’ growing share of consumer time. Despite Reels not yet monetizing at the level of Feeds or Stories, ad prices saw a 2% year-over-year increase, the first positive growth since Q4/21, signaling progress towards parity. Meta Platforms has an average rating of Buy and price targets ranging from $175 to $575, according to analysts polled by Capital IQ.

Oppenheimer Raises Meta Platforms Price Target to $525 From $385 Following Q4 Earnings Beat, Maintains Outperform Rating Read Post »

Snowflake (NYSE:SNOW) stock Analyst Ratings

/ / Technology /

Snowflake (NYSE:SNOW) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/02/2024 7.73% Raymond James $190 → $223 Maintains Outperform 01/22/2024 2.42% JMP Securities → $212 Reiterates Market Outperform → Market Outperform 01/16/2024 11.11% Truist Securities $210 → $230 Maintains Buy 01/12/2024 -4.35% Barclays → $198 Downgrades Overweight → Equal-Weight 01/08/2024 8.7% Needham → $225 Reiterates Buy → Buy 01/05/2024 11.11% RBC Capital → $230 Initiates Coverage On → Outperform 01/04/2024 -22.71% Monness, Crespi, Hardt → $160 Downgrades Neutral → Sell 01/02/2024 20.77% Piper Sandler $220 → $250 Maintains Overweight 12/11/2023 11.11% TD Cowen $215 → $230 Maintains Outperform 12/01/2023 -8.21% Rosenblatt $170 → $190 Maintains Neutral 11/30/2023 9.18% Scotiabank $194 → $226 Maintains Sector Outperform 11/30/2023 -8.21% Raymond James $170 → $190 Maintains Outperform 11/30/2023 13.53% Stifel $200 → $235 Maintains Buy 11/30/2023 1.45% Truist Securities $200 → $210 Maintains Buy 11/30/2023

Snowflake (NYSE:SNOW) stock Analyst Ratings Read Post »

CrowdStrike Holdings (NASDAQ:CRWD) Stock Analyst Ratings

/ / Technology /

CrowdStrike Holdings (NASDAQ:CRWD) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/02/2024 -19.86% Cantor Fitzgerald → $240 Reiterates Overweight → Overweight 01/31/2024 10.19% JMP Securities → $330 Reiterates Market Outperform → Market Outperform 01/30/2024 10.19% Raymond James → $330 Initiates Coverage On → Outperform 01/29/2024 10.19% JMP Securities $235 → $330 Maintains Market Outperform 01/18/2024 6.19% Keybanc $245 → $318 Maintains Overweight 01/17/2024 — WestPark Capital Downgrades Buy → Hold 01/16/2024 -3.16% Truist Securities $230 → $290 Maintains Buy 01/12/2024 -19.86% Cantor Fitzgerald → $240 Reiterates Overweight → Overweight 01/10/2024 6.86% Citigroup $275 → $320 Maintains Buy 01/09/2024 1.51% Morgan Stanley $203 → $304 Upgrades Equal-Weight → Overweight 01/05/2024 0.18% Oppenheimer $240 → $300 Maintains Outperform 12/21/2023 5.19% Rosenblatt $245 → $315 Maintains Buy 12/21/2023 8.53% Needham $250 → $325 Maintains Buy 12/15/2023 -9.84% BMO Capital $238 → $270 Maintains Outperform 12/15/2023

CrowdStrike Holdings (NASDAQ:CRWD) Stock Analyst Ratings Read Post »

Intel (NASDAQ:INTC) Stock Analyst Ratings

/ / Technology /

Intel (NASDAQ:INTC) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/02/2024 17.97% Cantor Fitzgerald → $50 Reiterates Neutral → Neutral 01/29/2024 13.25% Morgan Stanley $39 → $48 Maintains Equal-Weight 01/29/2024 -7.99% Goldman Sachs $34 → $39 Maintains Sell 01/26/2024 29.76% Mizuho $58 → $55 Maintains Buy 01/26/2024 46.28% Benchmark $52 → $62 Maintains Buy 01/26/2024 -59.89% Rosenblatt → $17 Reiterates Sell → Sell 01/26/2024 -7.99% Goldman Sachs $34 → $39 Maintains Sell 01/26/2024 13.25% Wells Fargo $52 → $48 Maintains Equal-Weight 01/26/2024 -5.63% Wedbush $45 → $40 Maintains Neutral 01/26/2024 22.68% Raymond James $54 → $52 Maintains Outperform 01/26/2024 — Needham Downgrades Buy → Hold 01/26/2024 — Summit Insights Group Downgrades Buy → Hold 01/23/2024 -59.89% Rosenblatt → $17 Reiterates Sell → Sell 01/23/2024 17.97% Cantor Fitzgerald → $50 Initiates Coverage On → Neutral 01/19/2024 27.4% Raymond James $48 → $54 Maintains

Intel (NASDAQ:INTC) Stock Analyst Ratings Read Post »

Texas Instruments (NASDAQ:TXN) Stock Analyst Ratings

/ / Technology /

Texas Instruments (NASDAQ:TXN) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/02/2024 7.23% Cantor Fitzgerald → $170 Reiterates Neutral → Neutral 01/24/2024 -5.38% Barclays $160 → $150 Maintains Equal-Weight 01/24/2024 -7.91% Morgan Stanley $138 → $146 Maintains Underweight 01/24/2024 26.16% Susquehanna $205 → $200 Maintains Positive 01/24/2024 3.45% Mizuho $170 → $164 Maintains Neutral 01/24/2024 7.23% Cantor Fitzgerald $180 → $170 Maintains Neutral 01/24/2024 5.97% Truist Securities $169 → $168 Maintains Hold 01/24/2024 26.16% Keybanc $180 → $200 Maintains Overweight 01/23/2024 19.85% Rosenblatt → $190 Reiterates Buy → Buy 01/23/2024 13.54% Cantor Fitzgerald → $180 Initiates Coverage On → Neutral 01/19/2024 23% UBS $170 → $195 Upgrades Neutral → Buy 01/16/2024 0.92% Barclays $165 → $160 Maintains Equal-Weight 12/14/2023 -2.86% Truist Securities $150 → $154 Maintains Hold 11/15/2023 32.46% Benchmark → $210 Reiterates Buy → Buy 10/25/2023 0.92% B of A Securities

Texas Instruments (NASDAQ:TXN) Stock Analyst Ratings Read Post »

Apple (NASDAQ:AAPL) Stock Analyst Ratings

/ / Technology /

Apple (NASDAQ:AAPL) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/02/2024 20.95% Needham → $220 Reiterates Buy → Buy 01/31/2024 37.44% Wedbush → $250 Reiterates Outperform → Outperform 01/31/2024 3.9% Rosenblatt → $189 Reiterates Neutral → Neutral 01/30/2024 37.44% Wedbush → $250 Reiterates Outperform → Outperform 01/18/2024 23.69% B of A Securities $208 → $225 Upgrades Neutral → Buy 01/10/2024 9.95% Redburn Atlantic → $200 Downgrades Buy → Neutral 01/04/2024 12.7% Piper Sandler $220 → $205 Downgrades Overweight → Neutral 01/03/2024 -8.74% DA Davidson → $166 Initiates Coverage On → Neutral 01/02/2024 -12.04% Barclays $161 → $160 Downgrades Equal-Weight → Underweight 12/20/2023 37.44% Wedbush → $250 Reiterates Outperform → Outperform 12/11/2023 37.44% Wedbush $240 → $250 Maintains Outperform 12/08/2023 20.95% Morgan Stanley $210 → $220 Maintains Overweight 11/24/2023 31.94% Wedbush $240 → $240 Reiterates Outperform → Outperform 11/16/2023 31.94% Tigress Financial $225

Apple (NASDAQ:AAPL) Stock Analyst Ratings Read Post »

Microchip Technology (NASDAQ:MCHP) Stock Analyst Ratings

/ / Technology /

Microchip Technology (NASDAQ:MCHP) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/02/2024 8.67% Needham $85 → $90 Maintains Buy 01/30/2024 20.74% Rosenblatt → $100 Reiterates Buy → Buy 01/18/2024 26.78% Wolfe Research → $105 Upgrades Peer Perform → Outperform 01/09/2024 12.29% Truist Securities $97 → $93 Maintains Buy 01/09/2024 15.91% Stifel $100 → $96 Maintains Buy 01/04/2024 -3.4% Piper Sandler → $80 Downgrades Overweight → Neutral 11/08/2023 20.74% Citigroup → $100 Upgrades Neutral → Buy 11/03/2023 -3.4% Piper Sandler $100 → $80 Maintains Overweight 11/03/2023 8.67% Susquehanna $95 → $90 Maintains Positive 11/03/2023 8.67% Morgan Stanley $96 → $90 Maintains Overweight 11/03/2023 8.67% Keybanc $95 → $90 Maintains Overweight 11/03/2023 2.63% Needham $100 → $85 Maintains Buy 10/24/2023 14.71% Susquehanna $100 → $95 Maintains Positive 10/11/2023 15.91% Morgan Stanley $101 → $96 Maintains Overweight 08/07/2023 20.74% Needham → $100 Reiterates Buy →

Microchip Technology (NASDAQ:MCHP) Stock Analyst Ratings Read Post »

Meta Platforms (NASDAQ:META) Stock Analyst Ratings

/ / Technology /

Meta Platforms (NASDAQ:META) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/02/2024 12.8% Citigroup $440 → $525 Maintains Buy 01/30/2024 -0.09% Keybanc $380 → $465 Maintains Overweight 01/29/2024 -2.24% Jefferies $425 → $455 Maintains Buy 01/24/2024 -3.31% Raymond James $425 → $450 Maintains Strong Buy 01/22/2024 -14.05% RBC Capital → $400 Reiterates Outperform → Outperform 01/19/2024 -11.91% JMP Securities $380 → $410 Maintains Market Outperform 01/17/2024 -10.83% Piper Sandler $355 → $415 Maintains Overweight 01/11/2024 0.99% Mizuho $400 → $470 Maintains Buy 01/10/2024 0.99% Mizuho $400 → $470 Maintains Buy 01/09/2024 -14.7% BMO Capital → $397 Initiates Coverage On → Market Perform 12/27/2023 -9.76% Wedbush $350 → $420 Maintains Outperform 11/22/2023 -6.53% Tigress Financial $380 → $435 Maintains Strong Buy 11/14/2023 -12.98% Stifel → $405 Reiterates Buy → Buy 10/26/2023 -12.98% Truist Securities $390 → $405 Maintains Buy 10/26/2023 -14.05% RBC Capital

Meta Platforms (NASDAQ:META) Stock Analyst Ratings Read Post »

Scroll to Top