RBC Capital Maintains ‘Outperform’ Rating on Adobe (ADBE), Keeps $480 Price Target
On June 5, RBC Capital maintained its ‘Outperform’ rating on Adobe Inc. (NASDAQ:ADBE), leaving the price target unchanged at $480.
Author Archive - Abdul Rahman
Jefferies Reiterates ‘Hold’ Rating on Fiserv (FI), Keeps PT
On June 5, analysts at Jefferies reiterated a ‘Hold’ rating on Fiserv, Inc. (NYSE:FI) and a $165 price target.
Jefferies Raises Carvana (CVNA) PT to $315, Maintains Hold Rating
On June 5, Jefferies analysts reiterated a ‘Hold’ rating on Carvana Co. (NYSE:CVNA) but hiked their price target to $315 from $280.
DA Davidson Reiterates Buy Rating on MongoDB (MDB), Keeps PT
On June 5, DA Davidson analysts reiterated a ‘Buy’ rating on MongoDB Inc. (NASDAQ:MDB) stock and stuck with the $275 price target.
Citi Maintains Sell Rating on Enphase (ENPH), Lowers Price Target to $43
On June 5, analysts at Citi reiterated a ‘Sell’ rating on Enphase Energy, Inc. (NASDAQ:ENPH) but cut their price target to $43 from $47.
Jefferies Downgrades MercadoLibre (MELI) to ‘Hold’, Hikes Price Target to $2,800
On June 5, Jefferies analysts downgraded MercadoLibre, Inc. (NASDAQ:MELI) to a ‘Hold’ from a ‘Buy’.
Stifel Maintains Buy Rating on Lumentum (LITE), Raises Price Target to $100
On June 5, Stifel analysts lifted their price target for Lumentum Holdings Inc. (NASDAQ:LITE) to $100 from $85 while maintaining a ‘Buy’ rating.
Jefferies Maintains Buy Rating on Zscaler (ZS), Raises Price Target to $350
On June 5, Jefferies analysts increased their price target for Zscaler Inc. (NASDAQ:ZS) to $350 from $305 while maintaining a ‘Buy’ rating.
Infosys (INFY) Unveils AI-Powered Fan Features for Roland-Garros 2025
On June 5, Infosys Limited (NYSE:INFY) unveiled a suite of AI-driven fan experiences for Roland-Garros 2025.
Mastercard (MA) and PayPal (PYPL) Team Up to Enhance Payment Choices
Mastercard Inc. (NYSE:MA) and PayPal Holdings, Inc. (NASDAQ:PYPL) are collaborating to enhance payment flexibility for shoppers.
Franklin Resources (BEN) Expands European Presence with Apera Acquisition
Franklin Resources, Inc. (NYSE:BEN) has reiterated its commitment to expanding its global alternative platform and direct lending capabilities across Europe.
Truist Securities Reaffirms Buy Rating on CrowdStrike (CRWD) After Strong Q1 Results
On June 3, Truist Securities analysts reiterated a ‘Buy’ rating for CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stock and maintained a $450 price target.
Citi Downgrades Constellation Energy (CEG) to Neutral, Raises Price Target to $318
On June 4, analysts at Citi downgraded Constellation Energy Corporation (NASDAQ:CEG) to a ‘Neutral’ from a ‘Buy.’ The downgrade comes after a big rise in the company’...
JPMorgan Raises Booking Holdings (BKNG) Price Target on Strong Competitive Advantage
On June 4, JPMorgan lifted its price target to $6,000 from $5,360 for Booking Holdings Inc. (NASDAQ:BKNG) stock. The firm maintained an ‘Overweight’ rating on the shares.
JPMorgan Lifts Meta Price Target on AI and Metaverse Investments
One of the factors the analysts emphasized as having influenced their decision is Meta’s dominant position in the social media landscape.
JPMorgan Raises Duolingo (DUOL) Price Target as Growth Accelerates
On June 4, JPMorgan analysts raised their price target for Duolingo Inc. (NASDAQ:DUOL) from $500 to $580 while keeping an Overweight rating.
Citi Raises Western Digital Price (WDC) Target to $62, Reiterates Buy Rating
On June 3, Citi analysts increased the price target for Western Digital Corporation (NASDAQ:WDC) stock to $62 from $56 while reiterating a 'Buy' rating.
JPMorgan Raises Etsy’s (ETSY) Price Target Amid Strong Marketplace Performance
On June 4, JPMorgan analysts increased their price target for Etsy, Inc. (NASDAQ:ETSY) to $50 from $42 while maintaining a ‘Neutral’ rating.
UBS Upgrades Snowflake (SNOW) Amid AI-Driven Growth Prospects
On June 4, UBS upgraded Snowflake Inc. (NYSE:SNOW) stock to a ‘Buy’ from a Neutral and raised the price target to $265 from $210.
Rosenblatt Raises Disney (DIS) Price Target Amid Strong Growth Prospects
On June 3, Rosenblatt analysts raised their price target for The Walt Disney Company (NYSE:DIS) stock to $140 from $135 while maintaining a ‘Buy’ rating.
Citi Reaffirms Bullish Outlook on Nova Measuring Instruments (NVMI)
On June 3, Citi analysts reiterated a 'Buy' rating and a $280 price target on Nova Measuring Instruments (NASDAQ:NVMI) stock.
Jefferies Reiterates Hold Rating on Fiserv (FI), Keeps PT
On June 2, Jefferies analysts maintained a ‘Hold’ rating on Fiserv, Inc. (NYSE:FI) and kept the $165 price target.
BofA Securities Reiterates Buy Rating on Alphabet, Keeps PT
On June 2, BofA Securities analysts reiterated a ‘Buy’ rating and a $200 price target on Alphabet Inc. (NASDAQ:GOOGL).
Paramount (PARA) Expands Board Amid Skydance Merger Challenges
On June 2, Paramount Global (NASDAQ:PARA) confirmed the appointment of three new directors to boost its board strength to seven.
Thomson Reuters (TRI) Unveils Agentic Platform For Accounting Professionals
On June 2, Thomson Reuters Corporation (NYSE:TRI) ushered in a new era of artificial intelligence by launching an agentic intelligence platform.
Raymond James Hikes e.l.f. Beauty (ELF) Price Target, Maintains Strong Buy Rating
On June 2, Raymond James analysts raised e.l.f. Beauty, Inc. (NYSE:ELF) stock price target to $130 from $105 while maintaining a ‘Strong Buy’ rating.
BofA Securities Affirms Buy Rating on Amazon (AMZN), Hikes Price Target
On June 2, BofA Securities analysts increased the price target for Amazon.com, Inc. (NASDAQ:AMZN) stock to $248 from $230 and maintained a 'Buy' rating.
Truist Keeps Buy Rating on DoorDash (DASH) Stock
According to Truist’s analysis, DoorDash’s gross spend growth is outpacing Street expectations for the second quarter through May 24.
Stifel Maintains Buy Rating on Intuit (INTU) Following QuickBooks Price Hike
On May 29, Stifel maintained its Buy rating on Intuit Inc. (NASDAQ:INTU) stock and kept its $850 price target.
Stifel Maintains Buy Rating on Synopsys (SNPS) Following Strong Q2 Results
On May 29, 2025, Stifel analysts reiterated their Buy rating and $550 price target for Synopsys, Inc. (NASDAQ:SNPS) shares.
SmartStop Acquires Denver-Area Self-Storage Facility
On May 29, SmartStop Self Storage REIT, Inc.
SoundHound AI Launches “Alli” AI Agent with Allina Health to Transform Patient Engagement
SoundHound AI, Inc. (NASDAQ:SOUN) announced on May 29 that it has deployed an AI agent to automate routine tasks at Allina Health.
Dynatrace’s Live Debugger Gains Traction, Revolutionizing Cloud Debugging
On May 29, 2025, Dynatrace, Inc. (NYSE:DT) revealed growing customer adoption of its Live Debugger solution.
Truist Securities Affirms ‘Buy’ Rating on Heico (HEI), Raises Price Target
Truist Securities has reiterated its confidence in the long-term prospects of HEICO Corporation (NYSE:HEI).
Cantor Fitzgerald Reiterates ‘Overweight’ Rating on Elevance Health (ELV)
Cantor Fitzgerald reiterated an ‘Overweight’ rating on Elevance Health, Inc. (NYSE:ELV) on May 29. Additionally, the research firm stuck with the $485 price target.
C3 AI Contract with US Air Force Expanded to $450 Million
On May 29, 2025, C3.ai, Inc. (NYSE:AI) announced that the United States Air Force (USAF) Rapid Sustainment Office (RSO) has increased its contract ceiling to $450 million.
Northland Cuts Salesforce (CRM) Price Target, Keeps Outperform Rating
On May 29, Northland analysts maintained an ‘Outperform’ rating on Salesforce Inc. (NYSE:CRM) stock. However, they cut their price target to $396 from $423.
JPMorgan Chops Chipotle Mexican Grill (CMG) Price Target to $54, Maintains Neutral Rating
On May 29, JPMorgan revised its price target for Chipotle Mexican Grill, Inc. (NYSE:CMG) to $54, down from $58. The firm kept its Neutral rating on the stock.
Evercore ISI Reaffirms Confidence in Pure Storage Amid Strong Growth
On May 29, 2025, Evercore ISI reaffirmed its Outperform rating for Pure Storage, Inc. (NYSE:PSTG), and maintained the price target at $70.
Evercore ISI Trims HP Inc’s Price Target, Maintains Outperform Rating
Evercore ISI reduced its price target for HP Inc (NYSE:HPQ) from $32 to $29 on May 29, 2025, but maintained an Outperform rating on the company’s shares.
Barclays Downgrades Aspen Aerogels to Equal Weight, Cuts Price Target to $7
On May 29, 2025, Barclays downgraded Aspen Aerogels, Inc. (NYSE:ASPN) from Overweight to Equal Weight.
PG&E Partners with Smart Wires to Boost Grid Capacity for San Jose Data Centers
On May 28, PG&E Corporation (NYSE:PCG) and Smart Wires announced a collaboration on a project in San Jose, California.
Stifel Raises Okta Price Target to $130 Following Strong Q1 Performance
On May 28, Stifel bumped up its price target for Okta, Inc. (NASDAQ:OKTA) to $130 from $120. The firm also reiterated a Buy rating on the shares.
C3 AI and Baker Hughes Extend Joint Venture Through 2028
C3.ai, Inc. (NYSE:AI) and Baker Hughes have renewed and expanded their joint venture agreement.
Udemy Launches AI-Powered Learning Tool for Professional Skills Development
On May 28, Udemy, Inc. (NASDAQ:UDMY) introduced a new learning tool dubbed Role Play.
Lockheed Martin Secures $509M Contract for GPS III Satellite Program
On May 28, Lockheed Martin Corporation (NYSE:LMT) secured a $509.76 million contract modification from the U.S.
Barclays Initiates Coverage of Equity LifeStyle Properties (ELS) with $70 Price Target
Barclays began coverage on Equity LifeStyle Properties, Inc. (NYSE:ELS) on May 29, 2025, setting the target price at $70.
TD Cowen Raises Nvidia (NVDA) Price Target, Maintains Buy Rating
TD Cowen increased its price target for NVIDIA Corporation (NASDAQ:NVDA) to $175 from $140 on May 29, 2025. The analysts kept a Buy rating on the stock.
Deutsche Bank Extends IBM Partnership to Enhance Technology Infrastructure
Deutsche Bank Aktiengesellschaft (NYSE:DB) has extended its alliance with IBM (NYSE:IBM) as it seeks to optimize its operations.
DA Davidson Lowers Price Target on First Citizens BancShares, Keeps Neutral Rating
Kevin Fitzsimmons, an analyst at DA Davidson noted that First Citizens could see more balance sheet and fee growth if capital markets activity increases.
