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Top related persons:
Mike Blake - 1 Keith Bachman - 1 Salesforce - 1 Bachman - 1 Sidney Ho - 1 Ho - 1 Rivian - 1 Vijay Rakesh - 1
Top related locs:
San Diego , U.S 2H23E Israel
Top related orgs:
BMO Capital - 1 Service - 1 Dell - 1 Deutsche Bank - 1 Solutions - 1 Gartner - 1 DELL - 1 Mobileye - 1

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2 mentions found


☆ Top Wall Street analysts see solid potential in these five stocks
  + stars: | 2023-07-23 | by ( Tipranks.Com Staff | ) www.cnbc.com   time to read: +5 min
Bachman reiterated a buy rating on Salesforce and raised his price target to $255 from $245. DellPersonal computer makers, including Dell (DELL), have been facing significant headwinds, as the demand for desktops and laptops plunged following a pandemic-driven rush. Ho raised the price target on DELL to $60 from $48 and reiterated a buy rating. In line with his bullish stance, Rakesh increased his price target for RIVN to $30 from $27 and maintained a buy rating. Rakesh raised his price target for MBLY to $48 from $43 and reiterated a buy rating on the stock.
Persons: Mike Blake, Keith Bachman, Salesforce, Bachman, Sidney Ho, Ho, Rivian, Vijay Rakesh, Rakesh, Mobileye, bode Organizations: Reuters, BMO Capital, Service, Dell, Deutsche Bank, Solutions, Gartner, DELL, Mobileye, EV, Geely Automobile, Porsche, Volkswagen Locations: San Diego , U.S, 2H23E, Israel
☆ Mizuho downgrades Micron, says increasing competition and macro headwinds will pressure the stock
  + stars: | 2022-09-21 | by ( Alex Harring | ) www.cnbc.com   time to read: +1 min
The coming months will be more challenging for the companies that make memory chips, Mizuho Securities said. Analyst Vijay Rakesh downgraded Micron Technology to neutral from buy under the expectation of slowing demand and increased competition. He also slashed his price target on the stock by 25% to $56 per share from $75 per share. Micron, in line with the industry, reported higher supply levels as demand for chips slides, Rakesh said. On top of that, the field of memory chip makers has become more crowded with the entrance of Yangtze Memory Technologies, which was founded in 2016.
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