Nvidia projected to reach $160-170, AMD and Adobe downgraded

From Investing.com: 2024-12-15 04:30:04

Mizuho analyst projects Nvidia stock to reach $160-170 ahead of GTC conference, optimistic about new product Rubin. Morgan Stanley names Apple top pick for 2025, citing Apple Intelligence impact on iPhone replacement cycles and services growth. Mizuho raises Amazon price target to $260 on GenAI potential, expects AWS revenue to grow by 21% in FY25. BofA downgrades AMD due to AI competition and PC market slowdown, estimates AMD to hold 4% share in AI accelerator market. TD Cowen cuts Adobe to Hold after Q4 results, cites challenges in growth trends and GTM strategy changes.



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