Page 83 - Street Notes News Today

Wedbush analysts raised their price target on Microsoft stock to $375 from $340 and reiterated an Outperform rating.

The deal includes a 3% year-over-year increase in fiscal 2024 defense spending.

Increasing demand for generative AI is driving Marvells network products, this analysts says.

Anticipation is high that Apple will launch its first product in the AR/VR category in June. Expect limited adoption in the first year and a high price tag.

Wells Fargo analyst Aaron Rakers launched coverage of Mobileye shares Thursday, with a Buy rating and $50 price target.

Daiwa analyst Jairam Nathan upgrades shares of Ford to Hold from Sell. What the auto maker didnt say at its analyst event is the reason.

Thursday, Barclays analyst Jiong Shao downgraded XPeng to Sell from Hold. His price target went to $6 a share from $8.

Automation-software firm UiPath is seeing shares drop Thursday after disappointing guidance. Analysts have longer-term concerns over the effects of artificial intelligence on its business.

The companys sales from its TurboTax software took a hit but Wall Street analysts say investors should look past that.

Enterprise adoption of AI remains one of the biggest prizes for tech companies.