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Nvidia Stock Could See 81% Upside By 2025, Says Evercore ISI: 'Only In The Beginning Phases Of Generating Outsized Returns'
Wednesday, April 17, 2024 - 11:29pm | 680NVIDIA Corp (NASDAQ:NVDA) has the potential to see its stock price surge by 81% in the next year, according to a recent note by Evercore ISI. What Happened: Evercore ISI initiated Nvidia with an “Outperform” rating and set a price target of $1,160, representing a 36% potential upside...
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AMD Analysts Confident of Continued Share Gains, Execution Following Chipmaker's Q1 Beat
Wednesday, April 28, 2021 - 11:52am | 1091Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Tuesday with strong quarterly results and lifted its full-year guidance. The AMD Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on AMD shares and increased the price target from $100 to $110. The analyst named the stock as...
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Jefferies Raises Nvidia Target After Announcement Of ARM Deal
Monday, September 14, 2020 - 1:43pm | 304NVIDIA Corporation (NASDAQ: NVDA) announced a definitive agreement to acquire ARM for $40 billion in a cash and stock deal. The company expects the deal, which is still subject to regulatory approvals, to close in 18 months. The acquisition is likely to be “slightly accretive” in the...
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How AMD Can Hit This Analyst's Bull-Case Price Target Of $135
Monday, August 10, 2020 - 1:55pm | 408Advanced Micro Devices, Inc. (NASDAQ: AMD) has been a high-flying stock in recent years, and there is more upside ahead, according to an analyst at Jefferies. The AMD Analyst: Mark Lipacis has a Buy rating and $95 price target for AMD shares, with the bull-case scenario suggesting a price target...
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Nvidia Analysts Raise Price Targets Ahead Of Q4 Print
Wednesday, February 12, 2020 - 1:35pm | 466NVIDIA Corporation (NASDAQ: NVDA) is scheduled to report fiscal year 2020 fourth-quarter results Thursday after the market close. The Nvidia Analysts Susquehanna Financial Group analyst Christopher Rolland maintained a Positive rating on Nvidia and lifted the price target from $285 to $...
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ON Semiconductor Analyst Turns Bullish, Expects Upside Surprises In Second Half
Tuesday, April 30, 2019 - 10:59am | 406With fundamentals bottoming, ON Semiconductor Corp’s (NASDAQ: ON) seems poised to post upside surprises, and the stock valuation will likely expand as the company tracks to its 2022 target margins, according to Jefferies. The Analyst Mark Lipacis upgraded ON Semiconductor from Hold to...
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Analysts Look For Silver Lining In AMD's Q3 Print
Thursday, October 25, 2018 - 11:51am | 563Advanced Micro Devices, Inc. (NASDAQ: AMD) is getting crushed Thursday following a disappointing third-quarter earnings report. Earnings of 13 cents per share beat estimates by a penny, while sales of $1.65 billion missed estimates. AMD sees Q4 sales of $1.4 billion to $1.5 billion, which also fell...
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AMD Bags Second Price Target Hike In Two Days
Friday, September 21, 2018 - 12:27pm | 410For the second day in a row, a major Wall Street firm has reiterated a bullish outlook and raised its price target for Advanced Micro Devices, Inc. (NASDAQ: AMD). The Analyst Jefferies analyst Mark Lipacis reiterated a Buy rating on AMD and raised the price target for the stock from $30 to $36...
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No Qualcomm? No Problem: NXP Semiconductors Is Still A 'King'
Friday, July 27, 2018 - 12:41pm | 417NXP Semiconductors (NASDAQ: NXPI) received two big upgrades Friday in the wake of its sale to Qualcomm, Inc. (NASDAQ: QCOM) falling through. The deal, which valued NXP at $127.50 per share, failed to receive approval from Chinese regulators. The Analysts Jefferies analyst Mark Lipacis upgraded NXP...
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Broadcom Shares Plummet After Wall Street Questions Sudden Acquisition Strategy
Thursday, July 12, 2018 - 1:37pm | 749Broadcom Inc (NASDAQ: AVGO) moved 15 percent lower Thursday on mixed reactions following the announcement it had reached a deal to acquire CA, Inc. (NASDAQ: CA). CA Inc. (also known as CA Technologies) jumped 18 percent higher, realizing most of the 20 percent premium to the July 11 closing price...
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What Wall Street Thinks Of Broadcom's Q2 Earnings
Friday, June 8, 2018 - 4:09pm | 805The Street’s been bullish on Broadcom Inc (NASDAQ: AVGO) over the past month, and the quarter’s adjusted bottom-line and top-line beats only strengthened their conviction. Charter Equity, Bernstein, Credit Suisse and Jefferies raised their estimates on the company following Thursday...
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How Intel Might Be Affected If It Loses Apple As A Customer
Tuesday, April 3, 2018 - 12:19pm | 698Intel Corporation (NASDAQ: INTC) stock tanked Monday following a report by Bloomberg that Apple Inc. (NASDAQ: AAPL) intends to start producing its own PC chips as soon as 2020. It didn’t take long for Wall Street to react to the latest threat to Intel’s business. Here’s a look at...
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The Cavium Deal Makes Marvell Tech A Buy In This Analyst's View
Tuesday, November 21, 2017 - 11:28am | 400Marvell Technology Group Ltd. (NASDAQ: MRVL) announced this week it plans on acquiring rival chipmaker Cavium Inc (NASDAQ: CAVM) for $40 per share in cash plus 2.1757 Marvell shares for each Cavium share. The Analyst Jefferies' Mark Lipacis upgraded Marvell's stock rating from Hold to Buy...
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AMD Shares Pull Back; Jefferies Says Buy The Dip
Wednesday, October 25, 2017 - 10:09am | 428Following a a 10-percent drop in Advanced Micro Devices, Inc. (NASDAQ: AMD) in reaction to its third-quarter results, Jefferies recommended investors to buy the dip. The firm reiterated its Buy rating and $19 price target. Giving his key takeaways, analyst Mark Lipacis noted revenues were 900 basis...
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Why This Analyst Boosted His Price Target 28% On 'Franchise Pick' Nvidia
Monday, October 23, 2017 - 11:28am | 496NVIDIA Corporation (NASDAQ: NVDA) is trading up 193 percent year over year, and Jefferies expects no slowdown. “We continue to see NVDA as a major beneficiary of the 4th Tectonic Shift in Computing, where serial processing (x86) architectures give way to massively parallel processing...