Analysts remain optimistic on Advanced Micro Devices Inc. post Q4 beat. Keybanc analyst John Vinh maintained AMD with an Overweight and raised the price target from $155 to $165 (41.3 percent upside). Summit Insights analyst KinNgai Chan reiterated his Hold rating on AMD after its better than expected Q4 results. The analyst notes that the company will continue to outperform…
Apple Poised to Outperform Expectations in December Quarter, Analyst Says: How Will Shares React?
Notwithstanding supply constraints, an analyst at Morgan Stanley is positive about Apple Inc.’s December quarter performance. Apple Analyst Morgan Stanley analyst Katy Huberty has an Overweight rating and a $200 price target for Apple shares. Apple Thesis Cupertino is likely to post upside to Street forecasts for the December quarter and guide to a relatively in-line…
BMO Capital Upgrades PayPal to Outperform; Cuts Price Target By 19.4 Percent
BMO Capital analyst James Fotheringham upgraded PayPal Holdings Inc. to Outperform from Market Perform with a price target of $224, down from $278. The price target implies an 18.8 percent upside. Fotheringham cites valuation for the upgrade following 2021’s “de-rating,” where the stock went down from 51x to 28x on a rolling two-year-forward price-to-earnings basis. Tax-loss selling…
Macquarie Upgrades IronSource to Outperform on Q3 Beat, Q4 Outlook; Considers Selloff as Misplaced
Macquarie analyst Tim Nollen upgraded ironSource Ltd. to Outperform from Neutral with an unchanged price target of $14, implying 61.66 percent upside. ironSource reported “good results” and raised guidance, so the roughly 40 percent stock selloff since November 10 looks “misplaced,” Nollen tells investors. ironSource’s Q3 revenue of $140 million, up 60 percent year-on-year, beat…
US News
- Cara DingAccording to the latest Ways and Means Committee meeting, the Orange County government in New York collected 17 percent more sales taxes than budgeted in the first quarter. Sales taxes… [...]
- Zachary StieberThe legal case brought by a whistleblower from Pfizer’s COVID-19 vaccine trial has been dismissed by a judge. Brook Jackson, who worked for Pfizer contractor Ventavia Research Group, did not… [...]
- Epoch VideoViews of Mar-a-Lago, the Florida residence of former President Donald Trump, after he was indicted by a grand jury following a probe into a payment to adult actress Stormy Daniels. [...]
- Jan JekielekIn this livestream special episode, I sit down with Jeffrey Tucker, The Epoch Times’ senior economics columnist and founder and president of the Brownstone Institute, to discuss the Trump indictment… [...]
- Tom OzimekFormer President Donald Trump’s unprecedented indictment has surged into the limelight and fueled public debate over whether this case is legitimate and shows no one is above the law or… [...]
- Aldgra FredlyThe Chinese Communist Party (CCP) sent 18 aircraft and four naval vessels toward Taiwan on Saturday, Taiwan’s Defense Ministry said, as Taiwanese President Tsai Ing-wen visited the island’s Central American… [...]
- Zachary StieberA U.S. congressman said March 31 that he’s been diagnosed with cancer. Rep. Dan Kildee (D-Mich.) said that he underwent a preventive scan that prompted additional tests, leading to a… [...]
- Epoch VideoViews of the damage after a fierce tornado blasted through Little Rock, Arkansas, and neighboring towns on Friday (March 31), killing at least two people and injuring dozens. [...]
- Zachary StieberA U.S. judge on March 31 blocked a Tennessee law that forbids drag shows being held while minors are present. “At this point, the court finds that the statute is… [...]
- Tom OzimekFormer President Donald Trump’s political action committee has announced that, in the 24 hours since the former president got indicted by a New York grand jury, his 2024 presidential campaign… [...]