Shares dropped around 10% in Wednesday’s session.
Here are Thursday’s biggest analyst calls: Apple, Nvidia, Tesla, Palantir, Amazon, Toast, Snowflake & more
Here are Thursday’s biggest calls on Wall Street.
BTIG upgrades Snowflake on improving cloud demand, AI growth
Snowflake is set to continue its recent outperformance as demand accelerates and artificial intelligence projects come to life this year, according to BTIG.
BMO downgrades SolarEdge, says rally is ‘overdone’ as earnings power remains limited
Analyst Ameet Thakkar said he is now “turning [the] page from short-term liquidity to longer-term earnings power” with his outlook on SolarEdge.
Palantir gets a buy rating from Loop Capital, which calls for more than 25% upside
Loop Capital initiated coverage of Palantir with a buy rating and $141 price target, which implies 25.8% potential upside after Wednesday’s pullback.
Thursday’s big stock stories: What’s likely to move the market in the next trading session
The major averages posted modest gains on Wednesday, with the S&P 500 closing at another record. Here’s what’s on CNBC’s radar going into Thursday.
Wait for buying opportunities in stocks such as Walmart, strategist says
Future dips in Walmart and Bumble shares could be an opportunity, according to Jay Woods, chief global strategist at Freedom Capital Markets.
2024 laggards due for a comeback this year, according to Jefferies
Some laggards from 2024 could be due for a swing to the upside in the new year, according to Jefferies.
Turn to these solid dividend payers to smooth your portfolio’s ride in rocky times
CNBC Pro screened for dividend aristocrats that not only have a history of raising payouts but also have upside ahead, according to analysts.
Apple will need to raise prices for the iPhone, other products by 9% to fully offset Trump’s coming tariffs, estimates Bank of America
Still, the firm’s analyst called the taxes “manageable.”