Analysts at Stifel upgraded KGC with a yield of 5.93%, raising its price target to $48 with a buy rating. Loop Capital reiterated a buy rating on Amazon with a target of $360. Despite market chaos and fears, analysts remain bullish on Nvidia ahead of earnings, with Stifel reiterating a buy rating.
The S&P 500 is below the 50-day moving average, with Dow futures down 411 points and Nasdaq futures down 217. Markets are reacting to fears of an AI bubble and uncertainty around the Federal Reserve cutting rates. Analysts continue to support Nvidia, with multiple firms reiterating buy ratings and raising price targets.
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Read more at Yahoo Finance: Analysts are Still Pounding the Table Over Nvidia
