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☆ This AI stock could fall 50% and has an 'exaggerated artificial intelligence narrative,' Morningstar says
▼ + stars: | 2024-04-09 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Arm , the British semiconductor design company, has seen its share price skyrocket since reporting third-quarter earnings in February. However, Morningstar believes the current share price is overvalued and could drop by 54% to $57. Morningstar's price target for Arm, which the firm calls a fair value estimate, is $57 per share. The consensus price target of 31 analysts covering Arm polled by FactSet points to a 14% downside. The research firm has raised its price target for Arm to $160, representing 28% upside from current levels.

Persons: Morningstar, Javier Correonero, FactSet, Vijay Rakesh Organizations: Nvidia, Apple, ARM, Mar, CNBC Pro, Mizuho Securities, Morningstar, Mizuho

☆ These are Mizuho's top stock picks for April, including home retailers and an energy name
▼ + stars: | 2024-04-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Mizuho is out with its top stock picks for April, and the selections include home retailers and an energy company. The newest additions for April include Lowe's Companies and Wayfair , as well as cruise line operator Carnival . Energy giant Chevron was one company where Mizuho said its bullish outlook is greater than the rest of the Street. The $280 price target represents about 16% upside from Lowe's closing price on Wednesday. Other top picks include Intuit and Meta Platforms .

Persons: It's, Mizuho, Piper Sandler, it's, David Bellinger, Nitin Kumar, Vijay Rakesh Organizations: Mizuho, Nvidia, Lowe's, Energy, Chevron, Hess Corp, Intuit, Meta Locations: North Carolina

☆ Semiconductor stocks surged in 2023. Why investors may want to brace for volatility in the new year
▼ + stars: | 2024-01-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Prepare for volatility in the semiconductor industry after an exuberant 2023 that saw prices surge and left many companies with lofty valuations. "Higher valuations in my experience lead to higher investor expectations and those higher investor expectations typically lead to higher volatility," said Michael Brenner of FBB Capital Partners . Computer chip stocks surged in 2023, largely due to enthusiasm surrounding the use of artificial intelligence and the need for advanced semiconductors. Bracing for volatility Semiconductor companies have a lot to prove in 2024 after wowing investors last year. KeyBanc Capital Markets' John Vinh said in a recent note to clients that auto industry semiconductor demand in the new year will benefit Analog Devices , NXP Semiconductors and On Semiconductor .

Persons: Michael Brenner, Capital's Paul Schatz, Sylvia Jablonski, Robert Pavlik, Brenner, FBB, Jensen Huang, Nvidia aren't, Schatz, Jablonski, Intel's, Ross Seymore, Seymore, Brenner isn't, John Vinh, bode, Vinh, Mizuho's Vijay Rakesh, — CNBC's Michael Bloom Organizations: FBB Capital Partners, iShares Semiconductor, Dakota Wealth, Nvidia, Broadcom, Micron Technology, Devices, Deutsche, Marvell Technology, Taiwan Semiconductor, Infineon, EV, KeyBanc, NXP Semiconductors, Semiconductor, Qualcomm, Lam Research

☆ GM looks like a 'buy' as long-term issues start to get resolved, says Mizuho's Vijay Rakesh
▼ + stars: | 2023-12-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGM looks like a 'buy' as long-term issues start to get resolved, says Mizuho's Vijay RakeshVijay Rakesh, Mizuho analyst, joins 'Squawk on the Street' to discuss if fundamentals issues at General Motors are now getting fixed, what could be a key driver for the stock, and how GM measures with the competition.

Persons: Mizuho's Vijay Rakesh Vijay Rakesh Organizations: General Motors

☆ Monday's analyst calls: 30% upside for GM, Carvana upgrade, Anheuser-Busch downgrade
▼ + stars: | 2023-12-04 | by ( Brian Evans | ) www.cnbc.com time to read: +7 min

So far this morning there is a big auto stock upgrade and a big beverage downgrade, among other calls. Morgan Stanley dimmed its view on Citizens Financial , downgrading the stock to equal weight from overweight but maintained its $31 per share price target, implying roughly 9% upside. The firm made the chipmaker its top large cap pick on Monday, and reiterated an overweight rating alongside a $620 per share price target. The analyst raised his price target from $25 to $40, which represents 14% upside. "We continue to see ABI's broadly EM focused sales exposure as attractive combined with the company's market leading market share positions," analyst Mitch Collett said.

Persons: Morgan Stanley, Manan, Brian Evans, Piper Sandler, Piper Sandler's, Harsh Kumar, Kumar, Wells, Ike Boruchow, Boruchow, — Brian Evans, JPMorgan's Rajat Gupta, Carvana, John Melloy, Bud Light, Mitch Collett, Vijay Rakesh, Rakesh Organizations: CNBC, East West Bancorp, Citizens Financial, Citizens, West Bancorp, Nvidia, TAM, Wells, JPMorgan Carvan, JPMorgan, Deutsche Bank downgrades Anheuser, Busch, Deutsche Bank, Anheuser, Busch InBev, Staples, Beverages, Mizuho Securities Mizuho Securities, General, United Auto Workers, GM, Vehicles, UAW Locations: China, Wells, Friday's, North America, N.A

☆ Goldman, JPMorgan and others crank up Nvidia price targets in wake of latest earnings
▼ + stars: | 2023-11-22 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

Several analysts hiked their price targets for the stock to show they expect greater upside ahead after the latest financials. Below, CNBC Pro compiled a list of major investment firms that raised their price targets following the Nvidia report, along with their key conclusions: Goldman Sachs Analyst Toshiya Hari raised the price target by $20 to $625. Morgan Stanley Analyst Joseph Moore added $3 to his price target, bringing it to $603. BMO Capital Markets Like JPMorgan, BMO analyst Ambrish Srivastava hiked his target price by $50 to $650. Bernstein Analyst Stacy Rasgon increased his target price by $25 to $700, equating to 40% upside over the coming year.

Persons: Jensen Huang, chalked, Goldman Sachs, Toshiya Hari, Harlan Sur, Morgan Stanley, Joseph Moore, Aaron Rakers, Vivek Arya, Timothy Arcuri, NVDA, Ambrish Srivastava, Grace Hopper, Ruben Roy, Bernstein, Stacy Rasgon, Vijay Rakesh yanked, 2024E, INTC's, William Stein, Michael Bloom Organizations: Nvidia, CNBC Pro, Center, Foundry Service, JPMorgan, NVIDIA, " Bank of America, NVDA, UBS, BMO, Markets, AMD Locations: China, Tuesday's, CY24, CY25

Thursday's early calls featured a retail upgrade and an EV charging stock downgrade. The analyst reiterated his buy rating and $450 price target on the stock. Microsoft's AI cybersecurity solution Security Copilot, which was only recently expanded through an early access program on Oct. 19, already has tons of pent-up interest, Thill said. The firm downgraded shares from neutral to underperform and lowered its price target on the stock by $17 to $43. He gave the stock a $50 price target — $13 higher from the previous one — which implies 23.1% upside for shares since Wednesday's close.

Persons: Wells Fargo, Goldman Sachs, Kash Rangan, Rangan, Maia, Brent Thill, Thill, Vivek Arya, Arya, Raimo, Microsoft's, — Pia Singh, Elizabeth Suzuki, Vijay Rakesh, Rakesh, Vikram Bagri, Bagri, Fred Imbert, Edward Kelly, Kelly Organizations: CNBC, Citi, Microsoft's Ignite, Jefferies, Microsoft, Bank of America, Nvidia, Devices, Barclays, Advance, AAP, Mizuho, Intel, Mizuho Securities, Foundry, Foundry Services, Sapphire, Sierra, AMD, Wells Locations: Seattle, U.S, Wells Fargo, Wednesday's

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. Mizuho upgraded Intel's stock to "buy" from "neutral" and raised its price target on the shares to $50 from $37. Intel shares rose as high as $43.39, the highest since June 2022, and closed up 6.7% to $43.35 on Thursday. "We believe (Intel) is lining up significant new server product launches and foundry customer announcements in the next six months," the analysts wrote. Intel competes for market share with other prominent chipmakers including Nvidia (NVDA.O), Broadcom Inc (AVGO.O), Advanced Micro Devices (AMD.O), and Samsung Electronics (005930.KS).

Persons: Dado Ruvic, Vijay Rakesh, Chibuike Oguh, Purvi Agarwal, Toby Chopra, Bill Berkrot Organizations: REUTERS, Intel, Mizuho Securities, Mizuho, Nvidia, Broadcom Inc, Devices, Samsung Electronics, Thomson Locations: New York, Bengaluru

☆ AMD is starting to execute well in the artificial intelligence market, says Mizuho's Rakesh
▼ + stars: | 2023-11-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD is starting to execute well in the artificial intelligence market, says Mizuho's RakeshVijay Rakesh, managing director and senior semiconductor analyst at Mizuho, joins 'Squawk on the Street' to discuss AMD's ability to compete in the market for AI chips, the tech giant's sales pitch to its end customers for artificial intelligence, and more.

Persons: Mizuho's Rakesh Vijay Rakesh Organizations: AMD, Mizuho

☆ AMD stock surges after issuing positive outlook for AI chips next year. Here's what the pros say
▼ + stars: | 2023-11-01 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD stock surges after issuing positive outlook for AI chips next year. Here's what the pros sayJim Cramer, Chris Caso of Wolfe Research, Vijay Rakesh of Mizuho Securities and Joe Terranova of Virtus Investment Partners discussed AMD after the company reported third-quarter results that beat expectations.

Persons: Jim Cramer, Chris Caso, Vijay Rakesh, Joe Terranova Organizations: AMD, Wolfe Research, Mizuho Securities, Virtus Investment Partners

☆ Here's why Wolfe Research adjusted Nvidia's price target to $630
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Wolfe Research adjusted Nvidia's price target to $630Chris Caso, managing director at Wolfe Research, and Vijay Rakesh, managing director at Mizuho, join 'Squawk on the Street' to discuss Nvidia's quarterly earnings results, how the stock gets to Caso's price target and the company's opportunities in China.

Persons: Chris Caso, Vijay Rakesh Organizations: Wolfe, Wolfe Research, Mizuho Locations: China

☆ Here’s the trade on Rivian ahead of earnings, according to top analysts
▼ + stars: | 2023-08-08 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

After weaker-than-expected quarterly results from luxury electric vehicle maker Lucid , analysts are now turning their attention to rival Rivian . Analysts polled by FactSet are forecasting an adjusted loss of $1.43 per share on $1.1 billion in revenue. Still, analysts remain bullish on Rivian ahead of its earnings release. Meanwhile, Morgan Stanley's Adam Jonas reiterated an overweight rating on Rivian in a July 7 note, accompanied by a $24 per share price target. Elsewhere, DA Davidson's Michael Shlisky is neutral on Rivian after an upgrade from underperform July 5, with an $18 per share price target that equates to about 26% downside.

Persons: Rivian, Needham's Chris Pierce, Pierce, Morgan Stanley's Adam Jonas, Jonas, Vijay Rakesh, Rakesh, Michael Shlisky, Mercedes EQB, Shlisky, — CNBC's Michael Bloom Organizations: FactSet, Wall, EV, Mizuho Securities

☆ Nvidia could mint $300 billion in AI revenues by 2027, 10 times the expected takings this year, analyst says
▼ + stars: | 2023-07-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Mizuho analyst Vijay Rakesh said Nvidia's share price has another 20% upside to run on the AI boom. Chipmaker Nvidia's having a great year with its stock price doubling amid the artificial intelligence, or AI hype — and it could get even better. The company could generate around $300 billion in AI-specific revenue by 2027 with a 75% market share of AI server units, Rakesh added. That's 10 times his projection of $25 billion to $30 billion in AI revenues this year, he told Dow Jones on Monday. In June, Morgan Stanley called Nvidia its "top pick" on the back of demand for its AI chips.

Persons: Vijay Rakesh, Chipmaker, Rakesh, Dow Jones, Jensen, Huang, Mizuho's Rakesh, bullish, Morgan Stanley Organizations: Morning, Nvidia, Bloomberg Locations: Mizuho, Santa Clara

☆ 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

☆ Intel remains a 'show me' story, says Mizuho's Vijay Rakesh
▼ + stars: | 2023-04-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel remains a 'show me' story, says Mizuho's Vijay RakeshVijay Rakesh, Mizuho, joins 'Closing Bell' to discuss Intel after the company reported earnings after the bell Thursday.

☆ Earnings playbook: Your guide to a busy week of earnings, featuring Meta and Amazon
▼ + stars: | 2023-04-24 | by ( Fred Imbert | ) www.cnbc.com time to read: +13 min

What history shows: GM has reported a better-than-expected bottom line in 29 of the last 30 quarters, per FactSet. McDonald's is set to report earnings in the premarket, with management slated to hold a call at 8:30 a.m. What history shows: History shows Google's parent company beats earnings expectations 68% of the time, with the stock averaging a gain of 1.6% on earnings day, per Bespoke. Meta Platforms is set to report earnings after market close, followed by a conference call at 5 p.m. What history shows: Bespoke data shows Intel beats earnings expectations 77% of the time.

☆ Watch CNBC's full interview with Mizuho's Vijay Rakesh and Gerber Kawasaki's Ross Gerber
▼ + stars: | 2023-04-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mizuho's Vijay Rakesh and Gerber Kawasaki's Ross GerberVijay Rakesh, managing director and senior semiconductor analyst at Mizuho, and Ross Gerber, president and CEO of Gerber Kawasaki, join 'Squawk on the Street' to discuss Tesla's margin picture, Rakesh's take on the company's quarterly earnings results, and more.

☆ Tesla needs to step up its game and create more demand for products: Gerber Kawasaki's Ross Gerber
▼ + stars: | 2023-04-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla needs to step up its game and create more demand for products: Gerber Kawasaki's Ross GerberVijay Rakesh, managing director and senior semiconductor analyst at Mizuho, and Ross Gerber, president and CEO of Gerber Kawasaki, join 'Squawk on the Street' to discuss Tesla's margin picture, Rakesh's take on the company's quarterly earnings results, and more.

☆ Tesla's income falls 24% from a year ago, more price cuts to come. Here's how to play it
▼ + stars: | 2023-04-20 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's income falls 24% from a year ago, more price cuts to come. Here's how to play itJim Cramer, Mark Fields of TPG, Ross Gerber of Gerber Kawasaki Wealth and Investment Management, Vijay Rakesh of Mizuho Securities, Toni Sacconaghi of Bernstein Research and Bryn Talkington of Requisite Capital Management on what they think about Tesla.

☆ Top analysts are bullish on these five long-term picks
▼ + stars: | 2023-04-02 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Rakesh holds the 94th position among more than 8,000 analysts followed on TipRanks. The analyst ranks 439th among more than 8,000 analysts followed on TipRanks. The analyst remains bullish on the stock and raised his price target to $134 from $128, as he continues to see a "meaningful upside." Santarelli holds the 27th position among more than 8,000 analysts on TipRanks.

☆ Micron's worst quarter is behind them, says Mizuho's Vijay Rakesh
▼ + stars: | 2023-03-29 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicron's worst quarter is behind them, says Mizuho's Vijay RakeshVijay Rakesh, managing director and senior semiconductor analyst at Mizuho, joins 'Squawk on the Street' to discuss his thoughts on Micron after the company missed fiscal second-quarter expectations.

☆ Top Wall Street analysts like these stocks for the long haul
▼ + stars: | 2023-02-12 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are five stocks picked by Wall Street's top analysts, according to TipRanks, a service that ranks analysts based on their past performance. Costco recently reported better-than-anticipated net sales growth of 6.9% and comparable sales growth of 5.6% for the four weeks ended Jan. 29. Benedict's convictions can be trusted, given his 55th position out of more than 8,300 analysts in the TipRanks database. Amazon's first-quarter sales growth outlook of 4% to 8% reflects further deceleration compared with the 9% growth in the fourth quarter. Rakesh sees a "modest downside" to Wall Street's consensus expectation for the 2023 revenue growth for Amazon's retail business.

☆ Top Wall Street analysts find these stocks compelling
▼ + stars: | 2023-02-05 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their track records. (See Tesla Hedge Fund Trading Activity on TipRanks) Rakesh holds the 113th position among more than 8,000 analysts tracked on TipRanks. (See McDonald's Dividend Date & History on TipRanks) Despite tough macro conditions, McDonald's intends to expand further to grab additional business. Saleh ranks 383 out of more than 8,300 analysts on TipRanks, with a success rate of 65%. In line with his bullish stance, Goldman reiterated a buy rating and increased his price target to $74 from $71.

☆ Accelerated inventory cuts in semis helping stabilize stocks faster, says Mizuho's Vijay Rakesh
▼ + stars: | 2023-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAccelerated inventory cuts in semis helping stabilize stocks faster, says Mizuho's Vijay RakeshVijay Rakesh, managing director and senior semiconductor analyst at Mizuho, joins 'The Exchange' to discuss chip stocks inventory correction, semis with auto exposure, and investment opportunities in the second half of the year.

☆ Tesla will see a drag on earnings today, says Mizuho's Vijay Rakesh
▼ + stars: | 2023-01-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla will see a drag on earnings today, says Mizuho's Vijay RakeshMizuho's Vijay Rakesh and Tim Higgins, Wall Street Journal tech reporter, join 'The Exchange' to discuss Tesla shares moving higher ahead of its earnings report today.

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