AMD replaces Nvidia on Wolfe's top stocks list

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Rosenblatt Previews NVIDIA (NVDA) Earnings

May 20, 2024 6:46 AM EDT

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $1,400.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We expect NVIDIA to beat and raise in the April quarter, albeit not reaching the levels of the January quarter, due to improved supply and anticipated year-over-year deceleration from tougher comparisons. We believe that NVIDIA is still facing shortages of CoWoS and HBM, although the shortage of CoWoS is... More

NVIDIA (NVDA) PT Raised to $1,200 at Baird

May 20, 2024 5:24 AM EDT

Baird analyst Tristan Gerra raised the price target on NVIDIA (NASDAQ: NVDA) to $1,200.00 (from $1,050.00) while maintaining a Outperform rating.

The analyst comments "Raising estimates/price target on continued strength in AI-related demand for Nvidia. There is no match to Nvidia's products offering... More

Citi Reiterates Buy Rating on AMD (AMD)

May 17, 2024 3:53 PM EDT

Citi analyst Christopher Danely reiterated a Buy rating and $176.00 price target on AMD (NASDAQ: AMD).

The analyst comments "AMD is trading higher today following a Reuters report (16-May-2024) that Microsoft will offer AMD's MI300 AI chips to its cloud customers alongside Nvidia's... More