Mobileye Buoyed by AI Rally. Stock Soars After Buy Call.
Wells Fargo analyst Aaron Rakers launched coverage of Mobileye shares Thursday, with a Buy rating and $50 price target.
Source: barrons.com
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Ford Stock Is Upgraded. What the Company Didn't Say That Did It.
Daiwa analyst Jairam Nathan upgrades shares of Ford to Hold from Sell. What the auto maker didn't say at its analyst event is the reason.
Source: barrons.com
XPeng Catches New Sell Rating. Things Are Bad and They're Not Getting Better.
Thursday, Barclays analyst Jiong Shao downgraded XPeng to Sell from Hold. His price target went to $6 a share from $8.
Source: barrons.com
Micron, Meta, Ford, Foot Locker, PacWest, and More Stock Market Movers
China bans companies from buying chips from Micron Technology, PDC Energy is being acquired by Chevron, Meta Platforms is fined $1.3 billion by privacy regulators in the European Union, and PacWest sells off real estate loans.
Source: barrons.com
Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?
The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.
Source: barrons.com