US stock futures muted as tech rally slows, rate fears persist

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Go back to US stock futures muted as tech rally slows, rate fears persist

NVIDIA (NVDA) PT Raised to $985 at Tigress Financial Partners

February 28, 2024 4:55 PM EST

Tigress Financial Partners analyst Ivan Feinseth raised the price target on NVIDIA (NASDAQ: NVDA) to $985.00 while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on NVDA and increase our 12-month target price to $985 as it remains at the forefront of the ongoing acceleration and tipping point of AI adoption across all industries and enterprises that will continue to drive significant revenue and cash flow growth and greater shareholder value creation. NVDA recently reported Q4 revenue increased 256% Y/Y to a record $22.1 billion, driven by accelerated computing and... More

Macy's (M) PT Raised to $22 at Citi, 'We Lean More Positive but Stay Neutral'

February 28, 2024 3:19 AM EST

Citi analyst Paul Lejuez raised the price target on Macy's (NYSE: M) to $22.00 (from $18.00) while maintaining a Neutral rating.

The analyst comments "4Q GM/EPS beat consensus though sales were still weak (comps -5%) and mgmt is looking for a sales decline in... More

CFRA Downgrades Macy's (M) to Hold

February 27, 2024 12:55 PM EST

CFRA analyst Zachary Warring downgraded Macy's (NYSE: M) from Buy to Hold with a price target of $18.00 (from $19.00).

The analyst comments "We lower our 12-month price target by $1 to $18, based on 7.2x our FY 25 (Jan.) EPS estimate and in line with the company's... More

Cathie Wood's Ark Invest continues to take profits in NVIDIA (NVDA)

February 26, 2024 7:52 AM EST

Ark Invest CEO Cathie Wood revealed in a tweet Monday that her firm continues to take profits in NVIDIA (NASDAQ: NVDA).

As the artificial intelligence rally intensifies, Wood has been trimming her firm's holdings in the chip company after a more... More