Initiation Archives - Page 5 of 272

2 minute read

Qualcomm Poised for Growth in AI Smartphones and Automotive Sectors Amid Expanding Market Presence: Analyst

April 23, 4:08 PM

Analyst initiated coverage on Qualcomm (QCOM) with Buy rating and $200 price target. Positioned to lead in AI and new markets, expects strong growth.

AAPL

2 minute read

Incyte Should Consider Significant Stock Buyback And Prioritize R&D, Analyst Recommends

By Vandana Singh

April 23, 3:03 PM

Incyte acquires Escient Pharmaceuticals for $750 million, bolstering its pipeline. Cantor Fitzgerald initiates coverage with a Neutral rating, citing undervaluation concerns despite strong cash flow.

INCY

1 minute read

Bitcoin Miner Hut 8 Is Better Positioned Following The Merger With USBTC, Says Bullish Analyst

By Priya Nigam

April 22, 12:02 PM

Hut 8 shares are in focus as the Bitcoin halving impacts miners. Analysts have a Buy rating with a $12 price target, citing growth potential.

HUT

1 minute read

Canoo Has ‘A Multi-Billion Revenue Opportunity,’ Says Bullish Analyst

By Benzinga Newsdesk

April 17, 12:13 PM

Canoo Inc (GOEV) has a Buy rating and $5 price target from analyst Michael Legg, with a $3B sales pipeline and potential for multi-billion revenue by 2030.

GOEV

1 minute read

Royal Caribbean Cruises Has Upside To Estimates, Says Bullish Analyst

By Benzinga Newsdesk

April 17, 11:58 AM

Analyst initiates coverage of Royal Caribbean Cruises with Buy rating and price target of $164.

CCL

2 minute read

Marvell Analyst Tags Stock as Top Pick for AI Boom, Predicts Significant Industry Upswing

By Anusuya Lahiri

April 16, 2:38 PM

Analyst initiates coverage on MRVL with Outperform rating and $88 price target, citing strong outlook for semiconductor sector and Marvell's potential in networking and AI. MRVL stock up 68% in 12 months.

ADI

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What’s Going On With AMD Stock Tuesday?

By Anusuya Lahiri

April 16, 2:11 PM

AMD announced new Ryzen PRO 8040 Series for business laptops and mobile workstations and Ryzen PRO 8000 Series AI-enabled desktop processor. AI PC shipments expected to account for 22% by 2024. Multiple analysts maintain AMD as top pick, with HSBC upgrading to Buy and $225 price target.

AMD

1 minute read

PENN Entertainment And ESPN Bet Hold Potential Amid Regulatory Hurdles: Analyst

By Shivani Kumaresan

April 16, 1:54 PM

Benchmark analyst Mike Hickey assigns a Hold rating to PENN Entertainment, acknowledging its strategic efforts to expand digitally and enhance land-based operations. With a focus on partnerships and online gaming, PENN aims to tap into the lucrative sports betting market projected to exceed $30 billion by 2028.

PENN

1 minute read

Goldman Sachs Thinks GE Vernova Is Uniquely Positioned To Electrify And Decarbonize Future

By Shivani Kumaresan

April 16, 1:27 PM

Goldman Sachs analyst Joe Ritchie kicks off coverage on GE Vernova with a Buy rating, projecting a target price of $154. Highlighting GEV's significant global electricity contribution and advanced grid technologies, Ritchie anticipates double-digit profitability for the Power business by 2024.

GEV

2 minute read

DraftKings Stock Has Upside To Street Estimates, Analyst Says: Sports Betting Play Will ‘Benefit From Healthy Growth’

By Chris Katje

April 16, 10:44 AM

DraftKings stock is up over 100% in the last year. An analyst sees more upside ahead with new initiation on the sports betting leader.