Category: Upside

Here’s Why DA Davidson Sees 59 Percent Upside in Roku

DA Davidson analyst Tom Forte kept his Buy rating and $200 price target on Roku Inc.. The price target implied an upside of 59.3 percent. Forte recently held talks with Conrad Grodd, the company’s VP of Investor Relations. Forte saw that Roku’s adverting efforts were “modestly positively” impacted by Apple Inc.’s focus on privacy, while the company’s ad authentication efforts have…


Tesla Bull Dan Ives Sees 70 Percent Upside in Tesla

Tesla Inc. overcame a “major overhang” after German authorities cleared its production at a new factory in Berlin, according to Wedbush analyst Dan Ives. Ives, a well-known Tesla bull, sees the stock rising, emphasizing the Berlin “Gigafactory″ as of utmost importance to Tesla and its stock price. Ives said that the company’s Model Y is…


Wells Fargo Sees 67 Percent Upside in Samsara Post Q4 Results

Wells Fargo analyst Michael Turrin on Thursday lowered the firm’s price target on Samsara Inc. to $26 from $31 (67 percent upside) and kept an Overweight post Q4 results. With its first earnings report as a public company, the analyst notes that Samsara delivered an “impressive” set of growth metrics. Given the sizeable market opportunity and Samsara’s differentiated technology and solution set,…


JPMorgan Sees Sharp Upside in Qualcomm, Thanks to Apple

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating on Qualcomm Inc. with a $225 price target, ahead of the company’s fiscal Q1 results. The price target implies an upside of 28 percent. The analyst sees a favorable setup saying Apple Inc.’s print points to solid demand for Qualcomm’s largest customer. The combination of supply chain easing, share gains with android…


Here’s Why KeyBanc Sees 39 Percent Upside in Nutanix

KeyBanc analyst Thomas Blakey initiated coverage of Nutanix Inc. with an Overweight rating and a $39 price target, suggesting an upside of 38.74 Percent. The recent acceleration, new product cross-sell, and go-to-market partnerships have influenced his above-Street revenue and ACV billings outlook. Blakey further notes that he sees potential rerating with about 50 Percent of revenue from subs…


B. Riley Sees Audacy’s Risk-Reward Profile Skewing Heavily to the Upside

B. Riley analyst Daniel Day upgraded Audacy Inc. to Buy from Neutral with a price target of $5, up from $4 (99.2 percent upside). The stock is trading near year-to-date lows, and the sentiment is “swinging toward overly pessimistic in recent weeks,” Day says. While Audacy was the worst-hit relative to its peers in recent quarters by the…


Goldman Sachs Adds This Software Technology Company to Conviction List With 58 Percent Upside Potential

Goldman Sachs analyst Gabriela Borges initiated coverage of Qualtrics International Inc. with a Buy rating and a $53 price target. The analyst also added the stock to Goldman’s Conviction List with a 58 percent upside to the price target. Borges views Qualtrics as a market leader in customer experience, a segment she believes is growing…


Goldman Sachs Sees Sharp Upside in HubSpot; Initiates Coverage With ‘Buy’ Rating

Goldman Sachs analyst Gabriela Borges initiated coverage of HubSpot Inc. with a Buy rating and $953 price target, implying a 32 percent upside. While HubSpot has outperformed the Nasdaq by 330 percent over the past two years, its strategy and execution will drive further upside to Street estimates over the next five years, Borges tells…