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Meanwhile, Jefferies increased its price target on Ingersoll Rand. Nagel also lifted his price target by $10 to $120, which now suggests shares have upside of 25.6%. Analyst Jason Bednar kept his overweight rating on the dental health stock while slashing his price target by $45 to $330. — Alex Harring 5:56 a.m.: Jefferies raises Ingersoll Rand price target The outlook for Ingersoll Rand is looking brighter after a recent acquisition, according to Jefferies. Analyst Stephen Volkmann reiterated his buy rating on the industrial stock and raised his price target to $110 from $105.

Persons: D.A, Davidson, Jefferies, Ingersoll Rand, Oppenheimer, bullish, Brian Nagel, Nagel, — Alex Harring, Piper Sandler, Jason Bednar, Bednar, Howard Ma, Ma, Evercore ISI's Amit Daryanani, Stephen Volkmann, Fred Imbert, Rudy Kessinger, Kessinger, Palo, PANW, Alex Harring Organizations: CNBC, Palo Alto Networks, Nike, Technology, 2Q, Guggenheim, workloads, Jefferies, ILC, Palo, Network Security, Cloud Security, Security Locations: ILC Dover, Palo Alto, Palo

☆ How Micron is building the biggest chip fab in U.S. history despite a China ban and smartphone slump
▼ + stars: | 2023-10-23 | by ( Katie Tarasov | ) www.cnbc.com time to read: +12 min

But multiple memory chips are needed to support each GPU or CPU, so making memory requires more fab space. Micron says construction in New York will begin at the end of 2024 and chip production there will start in 2027. By 1980, it was building its first fab and a year later was pumping out a revolutionarily small 64K DRAM chip. Gatzemeier, who joined as an intern in 1997, explained the two main kinds of memory: DRAM and NAND. When it comes to the biggest type of memory, DRAM, Samsung is by far the leader, followed by SK Hynix and then Micron.

Persons: Sanjay Mehrotra, Ben Farrar, Scott Gatzemeier, Mehrotra, Chuck Schumer, Schumer, Kathy Hochul, Hochul, Gatzemeier, Katie Tarasov, Kent Kessinger, Patrick Moorhead, Gaurav Gupta, it's, Moorhead, HBM, China's, Gartner's Gupta, that's, Xi Jinping, Micron's Organizations: Samsung, SK Hynix, Micron, CNBC, U.S, Intel, AMD, Labor, Syracuse . New York Gov, New York, Texas, Gartner, Apple, Motorola, Asus, China Micron, Biden Locations: South Korea , Idaho, U.S, China, Japan, Taiwan, Boise , Idaho, New York, Manassas , Virginia, Syracuse , New York, Asia, Syracuse, Idaho, New, Jose, Boise, India, Fujian

☆ These are D.A. Davidson's favorite stocks for the fourth quarter
▼ + stars: | 2023-09-28 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Davidson listed its favorite long-term plays, giving investors a way to stick it out as markets face a tough month and quarter. Equities have dropped in recent months as investors worry about the possibility — and impact — of persistent interest rate hikes. As of Wednesday's close, the S & P 500 is slated to finish the month down 5.2% and the quarter is off by about 4%. The stock has seen some of the highest year-to-date gains on the list, up more than 54% in 2023. The stock has plunged nearly 19% so far this year, putting it at an attractive entrypoint for long-term gains, according to the firm's investment philosophy.

Persons: D.A, Davidson, Rudy Kessinger, Goldman Sachs, Manuel Navas, Gary Tenner Organizations: CrowdStrike Holdings, Financial, . Corp, Axos, Axos Bank, Tractor Supply, Microsoft

Palo Alto Networks (PANW.O), the largest player in the space by market share and valuation, will kick off sector earnings on Tuesday with what analysts polled by Refinitiv estimate to be a near 24% increase in quarterly revenue. Reuters GraphicsVendors that are a one-stop shop for cybersecurity solutions help their clients analyze security data better as well as integrate a variety of applications, optimize costs and improve risk management. Top cybersecurity providers Palo Alto Networks, CrowdStrike Holdings (CRWD.O) and Fortinet Inc (FTNT.O), which offer a range of services including cloud and identity protection, are set to benefit from the consolidation trend, said D.A. CrowdStrike and ZScaler Inc (ZS.O) are expected to report revenue growth of 39% and 45% when they report earnings on May 31 and June 1, respectively. Palo Alto Networks, Fortinet lead cybersecurity stocks in the past yearReporting by Vansh Agarwal, Samrhitha Arunasalam and Akash Sriram in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

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