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Broadcom Rises As Top AI Chip Supplier After Nvidia, Thanks To Google And Meta Partnerships: Analyst

By Anusuya Lahiri
June 6, 12:32 PM
Broadcom, the global No. 2 AI semiconductor supplier behind Nvidia, has an Overweight rating with a price target of $1,700.

AVGO

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Bath & Body Works To See More Comfort In Second Half Numbers With Further Improvement: Analysts

By Nabaparna Bhattacharya
June 5, 3:27 PM
Analysts foresee Bath & Body Works' second-half performance improving, citing strength in product innovation and category expansion, despite inventory uptick in Q1 FY24.

BBWI

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Nvidia Has ‘Multi-Year Lead’ On AMD, Intel: Bank Of America Analyst Expects Stock To Hit $1,500 Per Share

By Adam Eckert
June 5, 2:49 PM
Nvidia is "best positioned" to help the IT industry deliver AI services and has a multi-year lead over competitors, analyst says.

AMD

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Stitch Fix’s Results Show ‘Green Shoots’ Emerging: Analysts Take A Look While Stock Jumps Higher

By Priya Nigam
June 5, 2:29 PM
Stitch Fix reports better-than-expected Q3 results, but analysts remain cautious about declining active clients and elevated acquisition costs.

SFIX

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CrowdStrike Outperforms Peers Against Tough Macro In Q1, 10 Analysts Comment On ‘Top Name To Own In Security’

By Priya Nigam
June 5, 11:57 AM
"We continue to be encouraged by the strength in [CrowdStrike's] underlying business," Truist Securities noted.

CRWD

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PVH, Parent Of Calvin Klein, Tommy Hilfiger, Impresses Analysts With Q1 Earnings Beat

By Priya Nigam
June 5, 11:00 AM
PVH Corp's stock climbs after upbeat Q1 earnings report. Although revenues declined, they were broadly as expected. The company raised its FY outlook.

PVH

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Lululemon Athletica Recovering From Merchandising Missteps, Says Analyst

By Shivani Kumaresan
June 4, 3:10 PM
Oppenheimer analyst Brian Nagel reiterated an Outperform rating for Lululemon Athletica with a $445 price target. Despite a 35% drop in shares post-Q4 results, Nagel remains optimistic, noting a stable EPS forecast and potential recovery from merchandising missteps.

LULU

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Nvidia Maintains Lead As Key AI beneficiary, Analyst Boosts Estimates After Taiwan Event

By Anusuya Lahiri
June 4, 2:24 PM
Mizuho analyst notes Nvidia's continued growth potential with upcoming products, raising price target for Buy ratings on Nvidia, AMD, and Intel.

AMD

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Structure Therapeutics’ Obesity Candidate Is ‘ Very Competitive’ To Eli Lilly’s Orforglipron, Analyst Says

By Vandana Singh
June 3, 3:14 PM
Structure Therapeutics reports positive 12-week Phase 2a obesity study results for GSBR-1290, showing a 6.2% weight loss. Cantor Fitzgerald maintains an Overweight rating with a $65 target

GPCR

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Nvidia To Remain As A Benchmark For Computing Industry And Spur Demand, Say Analysts

By Shivani Kumaresan
June 3, 2:56 PM
Goldman Sachs analyst Toshiya Hari reiterated a Buy rating on the shares of Nvidia with a price target of $1,200. BofA Securities analyst Vivek Arya reiterated a Buy rating on the shares and raised the price target from $1,320 to $1,500.

NVDA

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