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Insider Monkey Blog

Xiaomi Unveils New Self-Developed Chip, Announces $28B in R&D Investments Over 5 Years

On Thursday, Xiaomi Corporation (OTC:XIACY) founder and CEO, Lei Jun, showcased the company's ambitions to expand its technology portfolio by introducing its self-developed mobile...

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May 25 - News

Susquehanna Reiterates Buy Rating on Analog Devices (ADI) After Q2 Report

The rating followed the release of the company's solid fiscal Q2 2025 results, with revenue and EPS coming in at the high end of its guidance. Analog Devices Inc.

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May 25 - News

JP Morgan Keeps Neutral Rating on Target (TGT), Lifts PT

The update followed Target Corp.'s (NYSE:TGT) weaker-than-expected Q1 2025 earnings on May 21.

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May 25 - News

Qiagen and ID Solutions Partner to Enhance Digital PCR Assays for Oncology Research

On Friday, Qiagen (NYSE:QGEN) announced a new commercial collaboration and joint marketing agreement with French company ID Solutions to expand the availability of digital polymerase...

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May 25 - News

Apple Boosts iPhone Trade-In Discounts in China to Reignite Lagging Sales

This initiative aims to stimulate demand in a crucial market where the company has faced increasing competition and declining sales.

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May 25 - News

Rio Tinto Confirmed as Preferred Partner for the Salares Altoandinos Lithium Project in Chile

This was announced by Empresa Nacional de Minería/ENAMI, which is a state-owned Chilean mining company.

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May 25 - News

Wedbush Lifts Tesla (TSLA) Price Target to $500, Cites AI and Autonomous Future

Wedbush analyst Daniel Ives highlighted Musk's renewed commitment to Tesla as CEO and expressed optimism about his leadership of the company's autonomous and robotics future, ...

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May 25 - News

Barclays Maintains Overweight Rating on Autodesk (ADSK), Lifts PT

Autodesk's total revenue in FQ1 increased by 15% year-over-year as reported and totaled $1.63 billion. The new transaction model contributed $78 million to this revenue.

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May 25 - News

Wedbush Initiates Coverage of Best Buy (BBY) with Neutral Rating

This assessment comes ahead of Best Buy's upcoming quarterly results for Q1 FY2026.

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May 25 - News

JPMorgan Upgrades Waste Management (WM) to Overweight, Lifts PT

On Friday, JPMorgan analyst Tami Zakaria upgraded the rating for Waste Management Inc.

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May 25 - News

BofA Raises Advance Auto Parts (AAP) Price Target to $39 Amid Turnaround Progress

On Thursday, BofA Securities analyst Robert Ohmes increased the price target on Advance Auto Parts Inc.

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May 25 - News

Barclays Raises Intuit (INTU) PT to $815, Cites Stability in Tax Division

Credit Karma is a personal finance platform, whereas the Consumer segment focuses on individual tax preparation, primarily through TurboTax.

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May 25 - News

Intel’s Xeon 6 CPU Selected for Nvidia’s DGX B300 AI System

On Thursday, Intel Corp.

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May 25 - News

Needham Initiates Coverage of Philip Morris (PM) With Buy Rating

The firm commended Philip Morris for its progress in transitioning towards a smoke-free business model and noted its established market leadership in both heated tobacco and nicotine...

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May 25 - News

BofA Maintains Neutral Rating on Amphenol (APH), Lifts PT

his adjustment followed NVIDIA Corp.'s (NASDAQ:NVDA) announcement of NVLink Fusion at Computex 2025 earlier this week.

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May 25 - News

Oppenheimer Maintains Outperform Rating on Snowflake (SNOW), Lifts PT

[caption id="attachment_1196210" align="aligncenter" width="1456"] A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform.[/...

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May 25 - News

US FDA Votes in Favor of Benefit-Risk Profile of Johnson & Johnson’s DARZALEX FASPRO

On May 20, Johnson & Johnson (NYSE:JNJ) announced that the FDA Oncologic Drugs Advisory Committee/ODAC voted 6-2 in favor of the benefit-risk profile of single-agent DARZALEX ...

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May 25 - News

Trimble Unveils New Software to Enhance Construction Material Cost Control

On Thursday, US technology company Trimble Inc. (NASDAQ:TRMB) launched its new software solution called Trimble Materials.

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May 25 - News

Walmart to Cut Around 1,500 Corporate Jobs in Restructuring Drive

On May 21, Walmart Inc.

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May 25 - News

Cadeler Acquires “Wind Keeper” Jack-Up Vessel for Offshore Wind O&M Capacity

On Thursday, Cadeler (NYSE:CDLR) announced its acquisition of the Boqiang 3060, which is a newly constructed jack-up wind turbine installation vessel/WTIV from Shanghai Boqiang...

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May 25 - News

Meta Platforms Launches “Llama for Startups” to Boost AI Model Adoption

This program offers direct support from Meta's Llama team and, in some cases, funding.

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May 25 - News

Xiaomi to Launch YU7 Electric SUV in July

This new model is positioned as a direct competitor to Tesla's best-selling Model Y in China.

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May 25 - News

China’s BYD Overtakes Tesla in European EV Sales

On Thursday, Reuters reported that the Chinese automaker BYD surpassed Tesla Inc.

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May 25 - News

Bernstein Maintains Underperform Rating on Target (TGT), Cuts PT

The firm slashed the price target after TGT delivered an underwhelming Q1, with comparable sales of -3.8% coming in meaningfully below sell-side estimates of -1.9%.

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May 25 - News

Evercore ISI Keeps Buy Rating on Amer Sports (AS), Lifts PT

The rating came after the company released strong fiscal Q1 2025 results on May 20, raising its full-year revenue and EPS guidance. Amer Sports, Inc.

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May 25 - News

Morgan Stanley Maintains a Buy Rating on Analog Devices (ADI), Cuts PT

The bullish outlook followed the company's strong fiscal Q2 2025 results on May 22, with revenue and EPS growth surpassing expectations.

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May 25 - News

Citi Maintains a Hold Rating on Salesforce (CRM), Cuts PT

In a report released on May 23, Tyler Radke from Citi maintained a Hold rating on Salesforce, Inc. (NYSE:CRM) and lowered its price target to $320 from $335.

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May 25 - News

Bernstein Ups Ford (F) Price Target, Cautions on H2 Risks

According to Roeska, Ford's strong first-quarter performance in 2025 and probable continued strength in the second quarter are encouraging indicators.

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May 25 - News

TD Cowen Maintains Buy Rating on RTX Corporation (RTX), Lifts PT

According to RTX's Q1 earnings call, the company's "net" tariff EBIT headwind for 2025 is projected to be $850 million, with a 15% higher impact on FCF, coming in at roughly $...

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May 25 - News

Evercore ISI Boosts Intuit (INTU) Price Target on AI Potential and Strong Q3 Growth

On May 24, Evercore ISI analyst Kirk Materne raised his price target for Intuit Inc. (NASDAQ:INTU) from $685 to $785 and kept an Outperform rating.

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May 25 - News

Benchmark Reaffirms Buy on TAT Technologies (TATT) After Major MRO Deal

Benchmark analysts reaffirmed their Buy rating on TAT Technologies Ltd.

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May 25 - News

Raymond James Downgrades Booz Allen on Weak Outlook, Margin Pressures

Raymond James downgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) from Outperform to Market Perform on May 24, without a price target, following the company's dismal...

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May 25 - News

Northland Upgrades SolarEdge (SEDG) to Market Perform, Cites Strong Solar Demand

With 80% of the 2.6 terawatts awaiting connection coming from solar and battery projects, the analyst underlined the overwhelming presence of solar energy in the U.S.

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May 25 - News

Tesla Robotaxi Launch Could Boost Stock, Says Truist Analyst William Stein

With a steady price target of $280, Truist Securities maintained its Hold rating on Tesla Inc. (NASDAQ:TSLA) shares on May 24.

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May 25 - News

Merus (MRUS) Price Target Raised at BMO After Positive Phase 2 Data

The revision comes after encouraging Phase 2 data for Merus' drug candidates petosemtamab and pembrolizumab (pembro) were released.

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May 25 - News

Truist Reiterates Buy on Amazon.com (AMZN) as Q2 Revenue Tracks Ahead

We recently published a list of 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Amazon.com Inc.

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May 25 - News

Jefferies: Microsoft (MSFT)’s Copilot Upgrades Are Its Biggest Since Teams

We recently published a list of 10 AI Stocks on Wall Street’s Radar.

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May 25 - News

Alphabet Inc. (GOOG)’s AI Ad Strategy Expands Reach – But Analyst Keeps Neutral Stance

We recently published a list of 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Alphabet Inc.

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May 25 - News

Will Nvidia (NVDA) Break Records Again? BofA Thinks So

We recently published a list of 10 AI Stocks on Wall Street’s Radar.

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May 25 - News

Salesforce (CRM) Earnings in Focus – Jefferies Sticks With $375 Price Target

We recently published a list of 10 AI Stocks on Wall Street’s Radar.

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May 25 - News

Apple (AAPL) Faces a New Kind of Rival – And Wall Street Is Paying Attention

We recently published a list of 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Apple Inc.

Keep Reading →

May 25 - News

Amphenol (APH) May Ride Nvidia’s AI Wave, Says BofA Analyst

We recently published a list of 10 AI Stocks on Wall Street’s Radar.

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May 25 - News

The Billion-Dollar AI Contract That Has Wall Street Talking About Palantir (PLTR)

We recently published a list of 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Palantir Technologies Inc.

Keep Reading →

May 25 - News

Jefferies Raises Intuit (INTU) Price Target, Keeps Buy Rating

On Friday, May 23, Jefferies analyst Brent Thill increased the price target for Intuit Inc. (NASDAQ:INTU) from $735 to $850 and maintained a “Buy” rating.

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May 24 - News

Investment Bank Suggests That Alphabet (GOOG)’s Valuation Could Climb Significantly

The investment bank predicts that the U.S. gross bookings of Waymo, Alphabet Inc.

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May 24 - Market Movers, News

JPMorgan Downgrades GFL Environmental (GFL) to Neutral, Lifts PT

On May 23, JPMorgan adjusted its stance on GFL Environmental Inc. (NYSE:GFL)’s stock from “Overweight” to “Neutral”.

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May 24 - News

Citigroup Initiates Coverage of Performance Food Group (PFGC) with a Buy Rating

The initiation stems from the detailed analysis, exhibiting that the broader market might not be fully recognizing the favourable impacts of ongoing mix shifts in the company’...

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May 24 - News

Morgan Stanley Resumes Coverage of Loar Holdings (LOAR) With an Overweight Rating

The analysis by the firm highlighted the company’s effective growth strategy, which was reflected via organic and inorganic means.

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May 24 - News

UBS Lowers Analog Devices (ADI) Price Target, Keeps Buy Rating

On Friday, May 23, UBS analyst Timothy Arcuri reduced the price target on Analog Devices, Inc. (NASDAQ:ADI) to $285 from $295 but kept a “Buy” rating.

Keep Reading →

May 24 - News

TD Cowen Lifts Advance Auto Parts (AAP) PT After Q1 Report

Advance Auto Parts, Inc. (NYSE:AAP) is a major automotive company dealing in aftermarket parts. The company serves both professional installers and Do-It-Yourself customers.

Keep Reading →

May 24 - News

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J.P. Morgan Lifts Natera, Inc. (NTRA) Target on Signatera Momentum

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Moderna, Inc. (MRNA) Reports Strong H5 Avian Flu Vaccine Data Despite HHS Funding Cut

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