Jio Financial Services, the financial arm of Reliance Industries Ltd., is set to join the Nifty Next 50 index in the National Stock Exchange’s semi-annual […]
Category: Brokerage Reports
Bank of America Predicts Strong iPhone Refresh Cycle Fueled by Generative AI Features
Bank of America anticipates a strong refresh cycle for iPhones in the coming years, driven by Generative AI features. Their global smartphone survey across the […]
Morgan Stanley Raises DraftKings’ Price Target to $49, Citing Strong Financial Performance and Positive Outlook
Analyst Upgrade: Morgan Stanley raised DraftKings’ price target to $49 from $40 and maintained a positive rating, considering the company’s good financial performance and ability […]
Bank of America Bullish on NVIDIA and AMD, Foresees Substantial Growth in $85-$90 Billion Accelerator Market
Bank of America has reiterated its Buy rating on both $NVDA and $AMD, emphasizing the potential for significant growth in the $85 billion to $90 […]
Wipro Faces Downgrade to ‘Sell’ by Kotak Institutional Equities With Revised Target Price of Rs 440, Signaling a Potential 16% Downside
Kotak Institutional Equities has downgraded Wipro Ltd. to ‘sell,’ citing significant underperformance compared to peers in recent years. Wipro’s growth has lagged behind, and the […]
Brokerage Firms Nuvama and CLSA Issue Sell Ratings for Vodafone Idea Stock with Target Prices of Rs 5 and Rs 7 per Share
Vodafone Idea, a prominent player in the Indian telecommunications industry, has been under the spotlight due to its recent financial decisions and the subsequent reactions […]
UBS Raises Netflix Price Target to $685, Maintains Buy Rating as Streaming Giant Emerges ‘Ultimate Beneficiary’
Price Target Raised: UBS raises Netflix PT to $685 (from $570), maintaining a Buy rating and identifying the streaming giant as the ‘ultimate beneficiary’ of […]
Palo Alto Networks $PANW Rides High with 5% Pre-Market Gain Following Revelations of Nancy Pelosi’s Trades
In pre-market trading, Palo Alto Networks ($PANW) shares have surged an additional 5%, extending the momentum from Monday’s 7.33% increase driven by Nancy Pelosi’s disclosure […]
Nvidia $NVDA Reaffirmed as Top Semiconductor Pick by Citi Analyst with $820 Price Target Amidst AI Market Growth
Analyst Christopher Danely from Citi reiterated Nvidia $NVDA as a top pick in the semiconductor sector, emphasizing its potential amidst the growth of the AI […]
Downgrade Alert: Wells Fargo Shifts $ROKU to ‘Underweight’ with Lowered Price Target of $51 from $77
Wells Fargo downgraded $ROKU from ‘Equal Weight’ to ‘Underweight’ and adjusted the price target from $77 to $51. Analysts attribute this downgrade to concerns over […]
Northcoast Research downgrades Boeing from Buy to Neutral
Downgrade from Buy to Neutral: Northcoast Research, a financial research firm, recently downgraded Boeing’s rating due to concerns about its recent financial performance and industry […]
HDFC Bank Gains Traction: Mutual Funds Invest Rs 13,850 Crore in January, While Shedding Holdings in Infosys, NTPC, Bharti Airtel, and Tata Motors
In January, mutual funds focused on HDFC Bank, acquiring shares worth Rs 13,850 crore following a substantial decline due to disappointing earnings. Mutual funds purchased […]