Bullish on Tech
Live Blog Update #2 Published
Despite today’s market sell-off, Wall Street analysts can see the forest from the trees and remain bullish on hyperscalers.
Wedbush analysts have lifted their price target on Nvidia (Nasdaq: NVDA) stock by $70 per share to $300 per share.
Barclays analysts lifted their price target on Apple (Nasdaq; AAPL) to $248 per share but remain cautious with an “underweight” rating on the stock.
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All Updates from Live Coverage
Live
As promised, Apple has introduced its latest MacBook Pro and MacBook Air products, featuring M5 chips and fresh Studio Display roster. The product rollouts come with a cost, as the company hiked prices of MacBook Air by $100 while the latest M5 Max price spiked by $400.
Live
Wells Fargo has reemphasized its “overweight” rating on Nvidia stock ahead of the company’s high-profile GTC event later this month. Oppenheimer analysts reiterated their “outperform” rating on Netflix (Nasdaq: NFLX) stock, suggesting the stock has additional runway for gains.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
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