Oppenheimer increased its price target on Netflix, calling for upside of nearly 20%.
Bernstein, meanwhile, reiterated an outperform rating on Taiwan Semiconductor, noting that margins will fare better than the Street expects going forward.
Analyst Stephen Grambling downgraded Hyatt to equal weight from overweight and lowered his price target by $7 to $149.
— Pia Singh 5:44 a.m.: Bernstein sticking by Taiwan Semiconductor Taiwan Semiconductor shares are off to a strong start for the year, and Bernstein expects them to continue doing well.
The firm raised its price target on them to $150 from $125, implying upside of just 2%.
Persons:
Oppenheimer, Bernstein, Morgan Stanley downgrades Hyatt, Morgan Stanley, Hyatt's, Stephen Grambling, Grambling, Hyatt, FactSet, — Pia Singh, Oppenheimer Oppenheimer, Jason Helfstein, Helfstein, Wall, Mark Li, Li, TSMC, 4Q23, — Fred Imbert
Organizations:
CNBC, Netflix, Taiwan Semiconductor, Hyatt, Taiwan Semiconductor Taiwan Semiconductor, GM
Locations:
2H24, U.S, Taiwan