Rivian Stock Rises for an 8th Day. It's Finally on the Right Track.
Wedbush analyst Dan Ives boosts his price price target on Rivian to $30 from $25.
Source: marketwatch.com
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Paramount and Warner Bros Stocks Get Downgraded. TV Advertising Is a Problem.
The companies face a drop later this year in upfront deals, where advertising customers buy commercial spots that air at later dates, analysts wrote.
Source: marketwatch.com
Chip Stock Downgrades Pile Up as Recovery Gets Priced In
A KeyBanc analyst downgraded chip-equipment maker KLA Corp., citing concerns about valuation after a recent rally.
Source: marketwatch.com
AI Is Driving an Uptick in Cloud Computing Demand. Good News for Amazon.
Mizuho did a survey of corporate IT buyers, and found the generative AI trend is driving a surge in cloud computing demand.
Source: marketwatch.com
Nvidia Stock Is a Great Way to Play AI and Beyond, Says Analyst
Tigress Financial analyst Ivan Feinseth nearly doubled his price target on Nvidia stock. “Nvidia is one of the best ways to play the accelerating adoption of...
Source: marketwatch.com
Keurig Dr Pepper Lands Upgrade. It's 'Ready To Regain Its Pop.'
The beverage stock hasn't performed well this year, but analysts see opportunity ahead.
Source: marketwatch.com
Threads App Could Add Billions to Meta's Revenue
KeyBanc Capital Markets analyst Justin Patterson reaffirmed his Overweight rating for Meta’s stock and raised his price target to $335.
Source: marketwatch.com
Affirm Stock Is Tumbling. Rising Rates Prompted a Downgrade.
Piper Sandler analyst Kevin Barker downgraded shares of Buy Now Pay Later company Affirm to Underweight from Neutral. The analyst said "stubbornly high"...
Source: marketwatch.com
Sell Ford Stock Now, Ahead of Labor Talks, Says Wells Fargo
Analyst Colin Langan added the auto maker to a list of stocks that could be moved up or down by significant events expected in the third quarter.
Source: marketwatch.com
Apple Supplier Lumentum's Stock Is Falling After Downgrade
Barclays downgraded shares of laser maker Lumentum to Underweight from Equal Weight. The stock's valuation “doesn’t make sense,” writes analyst Tom O'Malley.
Source: marketwatch.com