Wall Street Analyst Calls
Live Blog Update #1 Published
← Back to Full Coverage: Live Nasdaq Composite: Stocks Meander Amid Signals of Economic Uncertainty
Deutsche Bank has reemphasized its “buy” rating on Marvell stock, lifting the price target to $125 per share on the heels of the company’s earnings print amid data center strength.
Bank of America remains bullish on Nvidia (Nasdaq: NVDA) stock, maintaining a “buy” rating on the AI leader in this fiercely competitive AI race.
BofA has also added ASML Holdings (Nasdaq: ASML) stock to its list of top picks, sending shares slightly higher.
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Stocks have made their way into positive territory, with all three of the major stock market averages now having flipped green. Bucking this upward trend is Netflix (Nasdaq: NFLX), which is spiraling by nearly 6% today after founder Reed Hastings sold over $40 million in shares, though barely making a dent in his total NFLX portfolio.
Google’s Waymo unit revealed it will soon put human-driven robo-taxis on the road in several new test markets: Baltimore, St. Louis, Pittsburgh and Philadelphia. Google parent Alphabet (Nasdaq: GOOGL) stock is up 1% today while competitor Tesla (Nasdaq: TSLA) stock is rising 3.5%.