US Semiconductor Analyst Sees Analog Party Over, Cuts Estimates
Citigroup analyst Christopher Danely maintained NXP Semiconductors N.V. (NASDAQ:NXPI) with a Neutral rating and reduced the price target from $190 to $150.…
Rover Has Multiple Long-Term Secular Tailwinds, Says Analyst
JMP Securities analyst Andrew Boone reiterated a Market Outperform rating on the shares of Rover Group Inc (NASDAQ:ROVR) with a price target…
Morgan Stanley Thinks Europe Exposure & FX Headwinds Weigh On Q3 Earnings For Restaurants
Morgan Stanley analyst John Glass raised the price target of Chipotle Mexican Grill Inc (NYSE:CMG) and Wingstop Inc (NASDAQ:WING) to $1,847 and $128, respectively. Glass slashed…
Rivian Stock Set To Double Courtesy Its EV Portfolio As Recall Related Pullback Seems Overdone, Analyst Says
Mizuho analyst Vijay Rakesh reiterated a Buy on Rivian Automotive, Inc (NASDAQ:RIVN) with a $65 price target. After speaking with management, Rakesh…
Domino’s Pizza Continues To Be A Controversial Stock, Credit Suisse Says
Credit Suisse analyst Lauren Silberman reiterated a Neutral rating on the shares of Domino’s Pizza Inc (NYSE:DPZ) and lowered the price target…
Peloton’s Profitability Potential Is Broadly Underestimated, Says This Analyst
JMP Securities analyst Andrew Boone reiterated a Market Outperform rating on the shares of Peloton Interactive Inc (NASDAQ:PTON) with a price target…
Guidewire’s Lack of Positive Catalysts Keeps Analyst On Sidelines
Last week, Needham analyst Mayank Tandon attended Guidewire Software, Inc's (NYSE: GWRE) analyst day, where management highlighted the company's progress on its model transition as P&C insurance carriers shift their core systems to the cloud.
Morgan Stanley Sees Compelling Upside In Luxury Fashion Retailer Farfetch
Morgan Stanley analyst Lauren Schenk reiterated an Overweight rating on the shares of Farfetch Ltd (NYSE:FTCH) with a price target of $32.00.…
Amidst Turmoil In Semiconductor Chip Space, Analyst Picks 3 Stocks That Can Survive The Storm
Mizuho hosted its quarterly handset industry call for checks on the state of the global handset supply chain amidst escalating geopolitical risks and deteriorating macro conditions.
Analyst Vijay Rakesh listed his key takeaways.
Handset component inventory was more than two times standard as distribution channels remain stressed.
Wells Fargo Favors KLA, ASML In Semiconductor Capital Equipment; Expects Another Tough Earnings Cycle Before Bottom
Investor discussions and meetings over the past few weeks left Wells Fargo to consider sentiment as nearing the point of 'Bad is Good,' 'Worse is Better,' with investors looking for confirmation of a down WFE year in C2023 and a sell-side estimate reset.