S&P 500, Nasdaq close slightly down ahead of US payrolls data
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NVIDIA (NVDA) PT Lowered to $131 at Evercore ISI
June 10, 2024 11:47 AM EDTEvercore ISI analyst Mark Lipacis lowered the price target on NVIDIA (NASDAQ: NVDA) to $131.00 (from $1,310.00) while maintaining a Outperform rating.
The analyst comments "NVDA announced a 10-to-1 stock split on May 22, 2024 effective after markets close on June 7, 2024. Following this every shareholder will... More
NVIDIA (NVDA) PT Lowered to $140 at Cantor Fitzgerald, 'remains our TOP PICK in semis'
June 10, 2024 5:35 AM EDTCantor Fitzgerald analyst C.J. Muse lowered the price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $1,400.00) while maintaining a Overweight rating.
The analyst comments "NVDA announced a 10-for-1 stock split last Q which officially took effect Friday post close. As such, we... More
Barclays sees more margin risk ahead for US companies
June 6, 2024 9:14 AM EDT(Updated - June 6, 2024 9:14 AM EDT)
Barclays analysts warned of increasing pressure on corporate profit margins in the United States in a note Thursday. Their note highlights several trends that suggest a challenging environment for businesses.
"Concentration rising again after 1Q24 results reinforced Tech exceptionalism," states the Barclays note. They point to the continued dominance of large technology companies in terms of earnings growth and margin expansion.... More
