Category: Top News
Marvell Technology (MRVL) Explores AI ASICs, Jim Cramer Optimistic
Jim Cramer recently discussed Marvell Technology, Inc. (MRVL), a semiconductor designer whose shares have dropped 44% this year. The stock
Ambarella (AMBA) price target raised to $95 by Northland
Ambarella (AMBA) received a price target hike from Northland Securities’ Gus Richard to $95 (from $75). With the stock at
Dell Technologies (DELL) sees price target increase to $130
TD Cowen raised its price target on Dell Technologies (DELL) to $130 from $125, while maintaining a “Hold” rating. Rationale:
China's Nonmanufacturing PMI Rises Slightly in August, Indicating Growth
China’s Nonmanufacturing PMI Increases in August China’s nonmanufacturing Purchasing Managers’ Index (PMI) improved in August, reflecting growth in the service
Dick's Sporting (DKS) Price Target Raised to $253 by Morgan Stanley
Dick’s Sporting Goods (DKS) had its price target increased by Morgan Stanley’s Simeon Gutman to $253 (from $232). With the
Astera Labs (ALAB) Price Target Raised to $200
Morgan Stanley analyst Joseph Moore raised Astera Labs’ (ALAB) price target to $200 from $155, signaling a positive outlook on
Dell Technologies (DELL) downgraded by Fox Advisors; potential impact analyzed
Fox Advisors downgraded Dell Technologies (DELL) from “Outperform” to “Equal Weight”, calling the company’s latest results a “mixed bag.” While
Elastic (ESTC) price target raised to $120 at Baird
Baird analyst Shrenik Kothari raised Elastic (ESTC) price target to $120 from $105. The new target represents a significant increase
Autodesk (ADSK) price target raised to $363
Autodesk (ADSK) received a price target increase from Baird’s Joe Vruwink to $363 (from $345). With the stock at $312.82,
Burlington Stores (BURL) price target raised to $328 by Morgan Stanley
Burlington Stores (BURL) received a price target hike from Morgan Stanley to $328 (from $309) with its “Overweight” rating reaffirmed.
Albemarle (ALB) stock price target raised by Baird analyst
Albemarle (ALB) had its price target lifted by Baird’s Ben Kallo to $68 (from $58), citing favorable growth factors. With
Snap-On (SNA) price target raised to $395 at Tigress Financial
Snap-On (SNA) received a price target increase from Tigress Financial’s Ivan Feinseth to $395 (from $390). With the stock trading
SentinelOne (S) receives price target raise to $23
Needham boosted its price target on SentinelOne (S) to $23 from $22, maintaining a “Buy” rating. At $18.38, the new
Ambarella (AMBA) price target raised to $100
Ambarella (AMBA) received a price target boost from Needham to $100 (from $90) with its “Buy” rating reaffirmed. At $84.12,
Crocs (CROX) price target raised to $100
Crocs (CROX) had its price target lifted by Needham to $100 (from $89) with the “Buy” rating maintained. At the
Gap price target lowered to $24
Gap (GAP) had its price target cut by Telsey Advisory Group to $24 (from $26) as analyst Dana Telsey flagged
Nasdaq 100 decline as tech stocks slide and PCE data impacts market sentiment.
Market Update: Nasdaq 100 Decline and Fed’s Inflation Gauge On Friday, the Nasdaq 100 experienced a decline after reaching a
Autodesk (ADSK) price target raised to $380 by RBC Capital
RBC Capital raised Autodesk’s price target to $380 from $345, maintaining an “Outperform” grade.
Affirm (AFRM) price target raised to $97 by RBC Capital
RBC Capital has raised Affirm (AFRM) price target to $97 from $75, while maintaining a “Sector Perform” rating. Shares were
Elastic (ESTC) price target raised to $125 at RBC Capital
Elastic (ESTC) received a price target boost from $106 to $125 at RBC Capital, reflecting a favorable outlook. With shares
An unprecedented move by President Trump to remake the Federal Reserve is altering the inner workings of its policy committee.
September Rate Cut Anticipated Amid Uncertainty The Federal Reserve is expected to cut interest rates in September, but the extent