Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Advanced Micro Devices (AMD) has been downgraded by Morgan Stanley from Overweight to Equal Weight with a price target of $176. The downgrade caused AMD shares to drop 2.3% premarket. Morgan Stanley cited high server GPU expectations and competition from Nvidia (NVDA).
$AMD Morgan Stanley downgrades Advanced Micro Devices to equal weight from overweight Morgan Stanley said investors’ expectations are “too high.” “We like the AMD story, but investor expectations for the AI business still seem too high to us.” UBS upgrades Honeywell to neutral…
$WMT JPMorgan upgrades Walmart to overweight from neutral JPMorgan said the stock is a combination of offensive and defensive. “We are upgrading WMT to Overweight as we believe the stock adds a strong balance of defense and offense on both the top and bottom lines in a soft (to…
$AVGO Morgan Stanley resumes Broadcom as overweight Morgan Stanley resumed coverage of Broadcom , saying it’s “compelling.” “Growth in AI, potential upside synergies from VMW, and recovery in core enterprise semis all make AVGO compelling relative to others in the ‘AI winners’…