5 Big Analyst AI Moves: JPMorgan Sees Significant …

From Financial Modeling Prep: 2024-10-07 03:13:36

Analysts provided insights on key companies in the AI sector:
1. JPMorgan is bearish on Tesla, with a target price of $135, citing concerns about valuation and competition.
2. Goldman Sachs reiterated a buy rating for Microsoft at a target price of $400, highlighting its strong AI integration.
3. Bank of America remains optimistic about NVIDIA, with a target price of $650, due to its crucial role in AI infrastructure.
4. UBS is bullish on Alphabet, with a target price of $150, focusing on its AI advancements in various services.
5. Wedbush recommends Palantir as an outperform, with a target price of $25, emphasizing its pivotal role in government and commercial sectors.

The evolving views on AI highlight its impact on tech and automotive industries. While Microsoft, NVIDIA, Alphabet, and Palantir receive positive outlooks, Tesla faces caution due to potential downside risks. Investors should monitor these developments closely as AI continues to shape market trends.



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