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Microsoft and a major chemical stock were among Friday's biggest analyst calls. He also lowered his price target by $1 to $25, which implies shares can fall roughly 19% from Thursday's close. Sandler increased his price target by $27 to $200, which implies 26.6% potential upside. JPMorgan: Analyst Mark Murphy added $30 to his price target, which is now at $470. He also hiked his price target to $61 from $55, which implies upside of 8% going forward.

Persons: Morgan Stanley, Mobileye, Adam Jonas, Jonas, — Pia Singh, Stifel, Stanley Elliot, Elliott, Alphabet's, Oppenheimer, Jason Helfstein, Ross Sandler, Sandler, Brent Thill, Google's, Justin Post, Post, Wall, Raimo Lenschow, Wells, Michael Turrin, MSFT, Turrin, Mark Murphy, Murphy, Keith Weiss, Weiss, Jeffrey Zekauskas, Zekauskas, Dow, Fred Imbert Organizations: CNBC, Microsoft, JPMorgan, Dow Inc, TAM, Caterpillar, Google, Barclays, –, Jefferies, Bank of America, DOW Locations: Israel, Thursday's, reaccelerate, Wells Fargo

☆ Green Bay Packers: Lifelong fan applied for the team’s defensive coordinator job. He never expected this response
▼ + stars: | 2024-02-07 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —As a 23-year fantasy football veteran, lifelong Green Bay Packers fan Bill Port knows his way around an NFL roster. Which is why when the Packers’ defensive coordinator job opened up recently, Port decided he should apply for the position. It was something like: ‘I heard your organization has a job opening and I figured I’d try this defensive coordinator thing. Sincerely — Mark.”A hand-written letter to Bill Port from Green Bay Packers President and CEO Mark Murphy. So, given his deep-rooted allegiances to the Packers, would Port take up a job with the rival Chicago Bears, as Murphy suggested?

Persons: Bill Port, Port, “, ”, Mark Murphy, “ Bill, ” Murphy, — Mark, Matt LaFleur, Mike Holmgren, Desmond Howard, Bill, I’m, I’ve, Alix, Mike, Lori, Lori –, Murphy, “ I’m Organizations: CNN, Green Bay Packers, NFL, Packers, Port, wouldn’t, CNN Sport, Twitter, Super, Raiders, Lambeau, Chicago Bears

☆ Here's the magnitude of AI's effect on Microsoft's bottom line and what it means for the stock
▼ + stars: | 2024-01-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Microsoft seemed to pass Wall Street's latest test when it demonstrated its ability to monetize artificial intelligence. The action came a day after Microsoft issued light guidance but delivered a top-and-bottom line beat and strong AI-focused commentary. Wall Street analysts across the board regarded Microsoft's results as an affirmation of its AI leadership position. Piper Sandler's Brent Bracelin said in a Tuesday note that the results "reinforced Microsoft's first-mover advantage in AI applications." Meanwhile, Goldman Sachs analyst Kash Rangan called the company one of the "most compelling" opportunities across sectors, viewing AI as a major boon for an "already strong growth profile."

Persons: Brent Thill, Satya Nadella, Amy Hood, Morgan Stanley's Keith Weiss, Piper Sandler's Brent Bracelin, Goldman Sachs, Kash Rangan, Mark Murphy, — CNBC's Michael Bloom Organizations: Microsoft, Barclays, Raimo, Wall Street

He also lowered his price target by $6 to $120, implying just 3.9% upside from Tuesday's close. Analyst Shaun Kelley has a $40 price target on shares, implying shares could gain 11.4% from Tuesday's close. Rivian shares jumped more than 7% after the company increased its production forecast for the full year by 2,000 units to 54,000. Datadog shares have produced zero return over the past three years, Murphy noted, with shares down 9% since Oct. 15, 2020. UBS has a neutral rating on Apple and a price target of $190 per share, which implies upside of 4.5%.

Persons: Cowen downgrades Estee, TD Cowen, Estee Lauder, Oliver Chen, Chen, — Hakyung Kim, Shaun Kelley, Kelley, Goldman, Goldman Sachs, Neil Mehta, Mehta, There's, Colin Langan, Langan, Piper Sandler, Alexander Potter, Potter, Rivian, Mark Delaney, Morgan Stanley, Jonas, Mark Murphy, Murphy, David Vogt, Vogt, Fred Imbert Organizations: CNBC, Tech, UBS, JPMorgan, Revenue, Asia, Bank of America, Industry, Mehta ., Wall Street, Rivian, pullbacks, Pro, Pro Max, Apple Locations: China, Asia Pacific, Europe, Middle East, Africa, Tuesday's, U.S

☆ These are JPMorgan’s favorite stock picks heading into November
▼ + stars: | 2023-11-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

JPMorgan Chase parted with four stocks in its list of favorite picks heading into November, including an upscale athletic retailer. The bank made a single addition for November on its Analyst Focus List, highlighting food service stock Aramark . The bank also removed mortgage company NMI Holdings from the focus list, as well as oncology firm Revolution Medicines . Other stocks on the focus list include Capital One , included as a value stock, with a $111 per share price target. AMZN YTD mountain Amazon stock.

Persons: JPMorgan Chase, Andrew Steinman, Richard Shane, NMI, Eric Joseph, Doug Anmuth's, Mark Murphy, — CNBC's Michael Bloom Organizations: JPMorgan, NMI Holdings, Medicines, Amazon, Microsoft

☆ Here's what analysts are saying after Adobe's third-quarter beat
▼ + stars: | 2023-09-15 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The software company reported a top- and bottom-line beat on Thursday, on an adjusted $4.09 per share and $4.89 billion in revenue. Goldman Sachs analyst Kash Rangan reiterated a buy rating on Adobe stock with a higher $625 per share price target, up from $550. Bank of America's Brad Sills also reiterated a buy rating on Adobe stock on Thursday, accompanied by a $660 per share price target. Morgan Stanley analyst Keith Weiss remained overweight on Adobe stock after third-quarter results , also with a $660 per share price target. JPMorgan's Mark Murphy is neutral on Adobe stock, with a $530 per share price target.

Persons: LSEG, Goldman Sachs, Kash Rangan, Rangan, Bank of America's Brad Sills, Sills, Morgan Stanley, Keith Weiss, Weiss, JPMorgan's Mark Murphy, Murphy, — CNBC's Michael Bloom Organizations: LSEG, Adobe, TAM, Bank of America's

☆ JPMorgan says Oracle could have more downside ahead following earnings sell-off
▼ + stars: | 2023-09-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Oracle could see more pain ahead, even when accounting for Tuesday's slide, according to JPMorgan. Analyst Mark Murphy downgraded the cloud stock to neutral from overweight and cut his price target by $12 to $100. Oracle offered mixed results for its fiscal first quarter Monday, with the company missing consensus expectations of analysts polled by LSEG for revenue despite beating on earnings per share. Oracle now also has raised concerns about its ability to execute on a data center buildout that could hamper cloud growth. And though there's reasons to be excited about AI, he did note a survey of CIOs left "room for improvement."

Persons: Mark Murphy, Murphy, there's, It's, CIOs, There's, — CNBC's Michael Bloom Organizations: Oracle, JPMorgan, LSEG, Wall

☆ JPMorgan appears to be getting a little nervous about Salesforce ahead of earnings
▼ + stars: | 2023-08-29 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

J.P. Morgan is removing Salesforce from its list of top stock picks after the stock's AI-driven boom so far this year. He pointed to sequential degradation in the company's software-as-a-service earnings and muted second-quarter bookings expectations, based on a proprietary vendor survey by J.P. Morgan. Salesforce's stock price has skyrocketed this year, gaining nearly 60%. Analysts surveyed by FactSet are calling for earnings per share of $1.90 and revenue of $8.53 billion when the company reports quarterly figures Wednesday. Correction: This story has been updated to reflect that Salesforce's guidance suggests its revenue will range between $8.51 billion and $8.53 billion.

Persons: Morgan, Mark Murphy, Murphy, Salesforce, — CNBC's Michael Bloom Organizations: Dow Jones Industrial, Morgan, Oracle, Microsoft Locations: Morgan, Monday's, Tuesday's

☆ Google, Microsoft, and Meta can't stop talking about A.I. — here's why Apple rarely mentions it
▼ + stars: | 2023-07-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +6 min

Stefani Reynolds | AFP | Getty ImagesMicrosoft, Google and Meta are rallying everyone around AI, even though the future is murkyGoogle launched Bard AI, it's own chatbot to rival Microsoft and OpenAI's ChatGPT. Google, for example, has announced its plans to revamp its search engine using an AI model called Search Generative Experience. Google and Pichai say that the company's text-generating AI models will make its search engine better and could even answer questions that normal Google search can't. Zuckerberg was effusive about AI technology and its applications in virtual reality, ad targeting and recommending content from accounts users don't follow. UBS analyst Lloyd Walmsley wrote this week that generative AI was still an "overhang" over Google.

Persons: Tim Cook, Narendra Modi, Stefani Reynolds, ChatGPT, Jonathan Raa, OpenAI's, Amy Hood, we'll, Nadella, Pichai, it's, Zuckerberg, Meta, Bing, Gartner, Mark Murphy, Laura Martin, Lloyd Walmsley, monetization, Walmsley, Scott Olson Organizations: India's, White, AFP, Getty, Microsoft, Google, Nurphoto, Meta, Apple, Big Tech, Nvidia, Venture, JPMorgan, UBS Locations: Washington ,, iPhones, Brussels, Belgium, Chicago

☆ Microsoft shares fall after earnings report as analysts process a delayed A.I. ramp
▼ + stars: | 2023-07-26 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft shares were trading down as much as 5% on Wednesday, a day after the software maker issued worse-than-expected quarterly revenue guidance. Microsoft has been increasing its capital expenditures to get infrastructure in place to provide AI services to developers at other companies and roll out assistant capabilities to apps such as Word and Outlook. The extra spending cuts into Microsoft's cloud gross margin. "The messaging on Copilot was more about tempering rather than inflating expectations," wrote UBS analysts led by Karl Keirstead, which also has a buy rating on Microsoft. Raymond James' Andrew Marok and Mauricio Munoz, with the equivalent of a buy rating on Microsoft shares, had a similar tone.

Persons: Amy Hood, Mark Murphy, Karl Keirstead, It's, Brad Reback, Raymond James, Andrew Marok, Mauricio Munoz, Satya Nadella, — CNBC's Michael Bloom Organizations: Microsoft, JPMorgan, UBS

☆ Wall Street analysts stay bullish on Microsoft after earnings given its 'unique position' in A.I.
▼ + stars: | 2023-07-26 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Weiss reiterated an overweight rating on Microsoft stock with a $415 per share price target, which implies 18% upside from Tuesday's close. Meanwhile, Goldman Sachs analyst Kash Rangan noted that while Azure revenue growth was stabilizing, he highlighted the contributions generative artificial intelligence is making to the segment's maturation. He reiterated a buy rating on the stock with a $400 per share price target, or roughly 14% upside. Bank of America's Brad Sills also reiterated a buy rating on Microsoft stock, albeit with a higher $405 per share price target which equates to 15% upside. Citi's Tyler Radke maintained a buy rating on Microsoft with a $425 price target, or about 21% upside from Tuesday's close.

Persons: Morgan Stanley, Keith Weiss, Weiss, JPMorgan's Mark Murphy, Murphy, Goldman Sachs, Kash Rangan, Rangan, Bank of America's Brad Sills, Sills, Citi's Tyler Radke, Wells Fargo's Michael Turrin, Turrin, — CNBC's Michael Bloom Organizations: Microsoft, Bank of America's

☆ Microsoft's latest A.I. subscription is boosting Wall Street's confidence in the software giant
▼ + stars: | 2023-07-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Analysts are turning more bullish on Microsoft and its artificial intelligence capabilities after the software giant revealed pricing for its A.I. Shares closed at a record Tuesday after Microsoft revealed a $30 fee for its monthly Copilot offering, which adds AI capabilities to Microsoft 365. The announcements led to a handful of Wall Street price target adjustments, as the company solidifies its dominance in the latest technology revolution consuming the investing community. The analyst has an overweight rating on the stock and raised his price target to $385 per share from $350. The analyst hiked his price target to $400 from $330.

Persons: chatbot, Microsoft's, Amy Hood, Mark Murphy, James, Brad Sills, Sills, Brad Zelnick, — CNBC's Michael Bloom Organizations: Microsoft, Meta, Bank of America Locations: ChatGPT

☆ Why do businesses keep raising their prices?
▼ + stars: | 2023-06-09 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

Los Angeles CNN —After two years of surging prices, economists still can’t agree on what has caused the world’s worst inflation crisis in decades. The survey of 700 businesses across New York, Atlanta and Cleveland found that strength of customer demand outranked all other factors that companies weigh when setting prices, including steady profit margins and overall inflation. More than 82% of businesses surveyed said demand factored into their pricing decisions, while only 52% of businesses said they take the overall rate of inflation into account when setting prices. Are customers too willing to pay higher prices? Murphy said the restaurant has since raised prices more than once to keep up with inflation.

Persons: “, John Zheng, ”, Zheng, Mr, Mac’s, Mark Murphy, Murphy, ” Murphy, Emily Netti, “ I’ve Organizations: Los Angeles CNN —, New York Federal Reserve, Wharton School, University of Pennsylvania, CNN, Colgate, Procter, Gamble, PepsiCo, Federal Reserve, New York Fed Locations: Ukraine, New, New York, Atlanta, Cleveland, Manchester , New Hampshire, Syracuse , New York, Syracuse

☆ This week's best performers include Salesforce and these solar stocks
▼ + stars: | 2023-03-03 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Solar energy names First Solar and SolarEdge Technologies both made the list of this week's biggest gainers. First Solar was this week's top performer, with shares popping 23.2% following strong guidance for 2023. More than half of analysts covering the stock rate it a buy, but also see it coming down slightly from current levels. Software company Salesforce was also one of this week's notable gainers, with the stock on Thursday having their best day since 2020 following a blowout earnings report. Several non-energy materials stocks were also strong performers this week, with Steel Dynamics and Mosaic gaining 12.5% and 9.4%, respectively.

☆ Salesforce's strong results are impressive given activist pressure, Wall Street analysts say
▼ + stars: | 2023-03-02 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Salesforce 's strong earnings were impressive, as it works toward improving profitability in the midst of ongoing activist pressure at the firm, according to Wall Street analysts. The results help Salesforce CEO Marc Benioff fend off pressure from activist investors such as Third Point and Elliott Management that have leaned on the firm. The new price target suggests shares can jump 43% from Wednesday's closing price of $167.35. JPMorgan's Mark Murphy also reiterated an overweight rating on the stock, and raised his price target to $230 from $200 — implying about 37% upside. Nevertheless, he maintained a neutral rating on the stock, with a $182 price target implying just 8% upside.

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