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.
Author Archive - Abdul Rahman
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.
Jefferies Raises AutoZone Price Target to $4,255 Despite Earnings Miss
On May 28, Jefferies raised its price target for AutoZone, Inc. (NYSE:AZO) to $4,255 from $4,000. The firm maintained a Buy rating on the shares.
Stifel Affirms Buy Rating on Illumina (ILMN) Stock
Analysts at Stifel are bullish about Illumina, Inc.’s (NASDAQ:ILMN) prospects despite the stock capitulating 36% year to date.
Opera Ltd. (OPRA) Launches New Agentic Browser ‘Opera Neon’
Opera Ltd (NASDAQ:OPRA) has achieved a significant milestone as it strives to reimagine what a standard browser can do. On May 28, the internet content & information company ...
Goldman Sachs Downgrades Booz Allen Hamilton to Sell, Cuts PT
According to the firm's analysts, Booz Allen Hamilton’s (NYSE:BAH) space for revenue and earnings growth is limited.
Blue Owl Invests Additional $750M in AI Data Center Joint Venture
On May 28, Blue Owl Capital Inc.
Stellantis Names New CEO, Taps 25-Year Veteran Antonio Filosa to Lead Revival
On May 28, Stellantis N.V. (NYSE:STLA) named a new CEO, Antonio Filosa. Filosa is the reigning Chief Operating Officer (COO) for the Americas and Chief Quality Officer.
Robinhood Expands Desktop Trading Platform to UK
Robinhood Markets, Inc. (NASDAQ:HOOD) launched its desktop trading platform in the UK on May 28.
HIVE Digital Achieves 10 EH/s Mining Breakthrough, Races Toward 25 EH/s Goal
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) surpassed 10 Exahash per second (EH/s) in Bitcoin mining capacity, as reported on May 28.
WeRide to Expand Autonomous Mobility in Saudi Arabia
On May 27, WeRide Inc. (NASDAQ:WRD) announced its entry into Saudi Arabia, a significant milestone in its global expansion strategy.
Infosys and E.ON Join Forces to Develop AI-Powered Digital Workplaces
Infosys Ltd’s (NYSE:INFY) artificial intelligence solutions continue to elicit strong interest in the market.
Nextracker Expands in India After Surpassing 10 GW Milestone
On May 27, Nextracker Inc.
Alphabet Co-Founder Returns To Spearhead AI Innovations in Gemini
Alphabet Inc.’s (NASDAQ:GOOGL) Google means business when it comes to artificial intelligence innovation.
Palantir Secures $795M US Army Modification Contract
Palantir Technologies Inc. (NASDAQ:PLTR) has affirmed its status as one of the biggest beneficiaries of artificial intelligence integration in defense infrastructure.
Rio Tinto CEO to Step Down
On May 22, Rio Tinto Group (NYSE:RIO) announced that CEO Jakob Stausholm will be leaving his position later this year.
Datadog AI Research Lab Launches First-Ever Observability Foundation Model
Datadog, Inc. (NASDAQ:DDOG) unveiled on May 21 the first releases from its newly established Datadog AI Research division.
Comcast’s NBCUniversal Eyes MLB Rights To Bolster Streaming Service
Faced with a slowing broadband business and divestment of cable units, Comcast Corporation (NASDAQ:CMCSA) is already looking into the future.
Apple Rattled As OpenAI Acquires io to Develop AI Devices
On May 21, Apple Inc. (NASDAQ:AAPL) shares declined after reports surfaced that OpenAI is acquiring Jony Ive’s hardware startup, io Products, in a $6.5 billion deal.
BancFirst Eyes Growth in Oklahoma, Signs Deal to Acquire American Bank of Oklahoma
BancFirst Corp (NASDAQ:BANF) is expanding its footprint in Oklahoma in pursuit of new growth opportunities.
Cognizant Technology Sets Sights on AI Agents Market, Open-Sources Neuro AI Multi-Agent Accelerator
Cognizant Technology Solutions Corp (NASDAQ:CTSH) is strategically positioning itself in the burgeoning AI Agents market.
Citi Unveils Citi AI to Enhance Hong Kong Operations
Citigroup Inc. (NYSE:C) is turning to artificial intelligence to enhance internal operations and efficiency.
Advanced Micro Devices Unveils New GPUs for Gaming and AI Development
Advanced Micro Devices, Inc. (NASDAQ:AMD) has hit a gold mine on its push for growth opportunities in gaming, content creation, and AI development.
Palantir Expands Enterprise Reach with SAP SE Deal
Palantir Technologies Inc. (NASDAQ:PLTR) has expanded its enterprise reach as its stock rises after a 67% year-to-date gain.
L3Harris Technologies Tapped for $175B Golden Dome System
L3Harris Technologies, Inc.
Elon Musk to Nvidia Rescue With Massive GPU Orders
NVIDIA Corporation’s (NASDAQ:NVDA) prospects amid a tariff and export control burdened business environment have received a boost. On May 20, Tesla, Inc.
Google Launches New AI Video and Audio Generator
The battle for supremacy on artificial intelligence-powered imagery and video tools is heating up.
