Technology

Alphabet’s Google Plans to Lay Off Hundreds of Workers in Advertising Sales Unit

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Alphabet’s (GOOG) Google plans to cut hundreds of roles in its advertising sales unit as part of a restructuring process, Business Insider reported Tuesday, citing a memo by Google’s Chief Business Officer Philipp Schindler. Google’s Customer Solutions division, which caters to its medium-level customers, will become the “core” team, Schindler was quoted as saying in the email. “Several hundred jobs globally will be eliminated or put at risk,” the report quoted Schindler as saying. A Google spokesperson told MT Newswires in an emailed statement that the company goes through a team structuring process every year to provide the best service to its ad customers. “We map customers to the right specialist teams and sales channels to meet their service needs,” the spokesperson said. “As part of this, a few hundred roles globally are being eliminated and impacted employees will be able to apply for open roles on the team or […]

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Lam Research (NASDAQ:LRCX) Stock Analyst Ratings

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Lam Research (NASDAQ:LRCX) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 -1.52% Barclays $600 → $750 Maintains Equal-Weight 12/08/2023 -5.46% Morgan Stanley → $720 Downgrades Overweight → Equal-Weight 11/22/2023 5.04% Redburn Atlantic → $800 Initiates Coverage On → Buy 10/19/2023 -8.09% JP Morgan $720 → $700 Maintains Overweight 10/19/2023 -8.09% B. Riley Securities $690 → $700 Maintains Neutral 10/13/2023 5.04% Needham → $800 Upgrades Hold → Buy 10/05/2023 -4.8% UBS $750 → $725 Maintains Buy 09/15/2023 8.33% Wolfe Research → $825 Initiates Coverage On → Outperform 08/28/2023 -1.52% Stifel $725 → $750 Maintains Buy 07/27/2023 -5.46% Morgan Stanley $550 → $720 Maintains Overweight 07/27/2023 -5.46% JP Morgan $550 → $720 Maintains Overweight 07/27/2023 -14.65% Wells Fargo $620 → $650 Maintains Equal-Weight 07/27/2023 5.04% Citigroup $695 → $800 Maintains Buy 07/27/2023 -21.22% Barclays $575 → $600 Maintains Equal-Weight 07/24/2023 -4.8% Stifel $505

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Marvell Technology (NASDAQ:MRVL) stock Analyst Ratings

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Marvell Technology (NASDAQ:MRVL) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 14.26% Barclays $70 → $75 Maintains Overweight 01/12/2024 14.26% Citigroup $61 → $75 Maintains Buy 12/05/2023 6.64% Barclays $75 → $70 Maintains Overweight 12/01/2023 6.64% UBS $75 → $70 Maintains Buy 12/01/2023 6.64% Piper Sandler $75 → $70 Maintains Overweight 12/01/2023 14.26% Benchmark → $75 Reiterates Buy → Buy 12/01/2023 -0.98% Susquehanna $70 → $65 Maintains Positive 12/01/2023 -4.02% Morgan Stanley $65 → $63 Maintains Equal-Weight 12/01/2023 -5.55% Raymond James $64 → $62 Maintains Outperform 12/01/2023 -0.98% Needham → $65 Reiterates Buy → Buy 12/01/2023 52.35% Rosenblatt → $100 Reiterates Buy → Buy 12/01/2023 6.64% Keybanc $80 → $70 Maintains Overweight 11/30/2023 52.35% Rosenblatt → $100 Reiterates Buy → Buy 11/14/2023 -8.59% Roth MKM → $60 Initiates Coverage On → Buy 08/25/2023 14.26% B of A Securities $80 → $75

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Qualcomm (NASDAQ: QCOM) stock Analyst Ratings

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Qualcomm (NASDAQ: QCOM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 10.75% Barclays $140 → $155 Maintains Overweight 01/16/2024 17.9% Keybanc $145 → $165 Maintains Overweight 01/12/2024 14.33% Citigroup → $160 Upgrades Neutral → Buy 12/08/2023 -5.68% Morgan Stanley $119 → $132 Downgrades Overweight → Equal-Weight 11/03/2023 0.04% DZ Bank → $140 Upgrades Hold → Buy 11/02/2023 0.04% JP Morgan $135 → $140 Maintains Overweight 11/02/2023 0.04% Susquehanna $130 → $140 Maintains Positive 11/02/2023 -14.97% Morgan Stanley $129 → $119 Maintains Overweight 10/24/2023 -7.11% Susquehanna $140 → $130 Maintains Positive 09/14/2023 3.61% Rosenblatt → $145 Reiterates Buy → Buy 09/14/2023 3.61% Keybanc → $145 Reiterates Overweight → Overweight 09/12/2023 -28.55% Wells Fargo $95 → $100 Maintains Underweight 08/23/2023 0.04% Mizuho → $140 Reiterates Buy → Buy 08/09/2023 -10.68% Daiwa Capital → $125 Downgrades Buy → Outperform 08/03/2023 0.04% Piper Sandler $120

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Texas Instruments (NASDAQ:TXN) stock Analyst Ratings

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Texas Instruments (NASDAQ:TXN) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 -2.36% Barclays $165 → $160 Maintains Equal-Weight 12/14/2023 -6.02% Truist Securities $150 → $154 Maintains Hold 11/15/2023 28.15% Benchmark → $210 Reiterates Buy → Buy 10/25/2023 -2.36% B of A Securities → $160 Maintains Neutral 10/25/2023 -2.36% Stifel $180 → $160 Maintains Hold 10/25/2023 19% BMO Capital → $195 Maintains Outperform 10/25/2023 -20.67% Baird $180 → $130 Maintains Neutral 10/25/2023 -13.35% Citigroup $182 → $142 Maintains Neutral 10/25/2023 3.74% JP Morgan $200 → $170 Maintains Overweight 10/25/2023 -8.46% Truist Securities $165 → $150 Maintains Hold 10/25/2023 -2.36% Mizuho $181 → $160 Maintains Neutral 10/25/2023 9.84% Susquehanna $185 → $180 Maintains Positive 10/25/2023 0.69% Barclays $175 → $165 Maintains Equal-Weight 10/25/2023 28.15% Benchmark → $210 Reiterates Buy → Buy 10/25/2023 -16.4% Goldman Sachs $157 → $137 Maintains Sell 10/25/2023 -15.79% Morgan

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CrowdStrike (NASDAQ:CRWD) Stock Analyst Ratings

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CrowdStrike (NASDAQ:CRWD) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 1.44% Truist Securities $230 → $290 Maintains Buy 01/12/2024 -16.05% Cantor Fitzgerald → $240 Reiterates Overweight → Overweight 01/10/2024 11.94% Citigroup $275 → $320 Maintains Buy 01/09/2024 6.34% Morgan Stanley $203 → $304 Upgrades Equal-Weight → Overweight 01/05/2024 4.94% Oppenheimer $240 → $300 Maintains Outperform 12/21/2023 10.19% Rosenblatt $245 → $315 Maintains Buy 12/21/2023 13.68% Needham $250 → $325 Maintains Buy 12/15/2023 -5.55% BMO Capital $238 → $270 Maintains Outperform 12/15/2023 -3.81% Mizuho $225 → $275 Maintains Buy 12/11/2023 -5.9% JP Morgan $230 → $269 Maintains Overweight 11/30/2023 -22.35% Goldman Sachs $195 → $222 Maintains Buy 11/29/2023 -19.55% Truist Securities → $230 Reiterates Buy → Buy 11/29/2023 -21.3% Mizuho $205 → $225 Maintains Buy 11/29/2023 -16.05% Stifel $225 → $240 Maintains Buy 11/29/2023 -17.8% JMP Securities → $235 Reiterates Market Outperform

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ServiceNow (NYSE:NOW) Stock Analyst Ratings

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ServiceNow (NYSE:NOW) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 -3.57% Truist Securities $575 → $700 Maintains Hold 01/11/2024 1.94% Stifel $650 → $740 Maintains Buy 12/06/2023 6.08% Argus Research $675 → $770 Maintains Buy 11/30/2023 -0.12% Wells Fargo $675 → $725 Maintains Overweight 11/09/2023 -6.32% RBC Capital $665 → $680 Maintains Outperform 10/26/2023 -10.46% Stifel $640 → $650 Maintains Buy 10/26/2023 -14.59% Piper Sandler $600 → $620 Maintains Overweight 10/26/2023 -13.21% BMO Capital $615 → $630 Maintains Outperform 10/26/2023 -7.01% Wells Fargo $650 → $675 Maintains Overweight 10/26/2023 -10.73% Morgan Stanley $630 → $648 Maintains Overweight 10/26/2023 -9.08% Needham → $660 Reiterates Buy → Buy 10/24/2023 -20.79% Truist Securities → $575 Reiterates Hold → Hold 10/24/2023 -15.28% BMO Capital $630 → $615 Maintains Outperform 10/19/2023 -9.49% Guggenheim → $657 Reiterates Buy → Buy 10/19/2023 -3.57% Citigroup $734 → $700 Maintains

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