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Top related persons:
Rosenblatt - 1 Hans Mosesmann - 1 Mosesmann's - 1 TD Cowen - 1 Krish Sankar - 1 Mehdi Hosseini - 1 Citi's Christopher Danely - 1 Danely - 1
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Micron Technology - 1 Nvidia - 1 GTC Conference - 1 Micro - 1 Analysts - 1 Micron - 1 MU - 1 AMD - 1

Search resuls for: "Citi's Christopher Danely"


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☆ All eyes are on Nvidia this week, but another AI play is getting buzz before earnings
  + stars: | 2024-03-18 | by ( Brian Evans | ) www.cnbc.com   time to read: +3 min
Micron touts HBM3E as an essential component to move the needle forward on AI advancement, and so far, analysts agree. Mosesmann's buy rating and $140 per share price target represents 50% upside from Friday's close. The analyst maintains an outperform rating on Micron stock as well as a $120 per share price target, which equates to roughly 29% upside. The firm maintains a buy rating on Micron coupled with a $112 per share price target, more than 20% above the previous close. The analysts raised his price target to $150 from $95, calling for about 61% upside moving forward.
Persons: Rosenblatt, Hans Mosesmann, Mosesmann's, TD Cowen, Krish Sankar, Mehdi Hosseini, Citi's Christopher Danely, Danely Organizations: Micron Technology, Nvidia, GTC Conference, Micro, Analysts, Micron, MU, AMD
☆ Wall Street wants to see if AMD can rebound in 2 key businesses. But analysts disagree on how to play the stock
  + stars: | 2023-05-03 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
Wall Street is focused on the potential for a bounce back within Advanced Micro Devices ' struggling personal computer and data center businesses. Arya's price target of $95 reflects the potential for an upside of 5.7% over Tuesday's close. Meanwhile, Citi's Christopher Danely said data center growth estimates for the second half seem aggressive. "We believe there could be more downside to AMD's data center business as AMD's data center revenue has only corrected 22% from its peak in 3Q22 while Intel's data center business has corrected 42%." Moore said the data center business was down 22% quarter over quarter, while PCs dropped 18% quarter over quarter and 65% year over year.
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