Jefferies raises targets on China tech stocks on AI growth
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Alibaba (BABA) PT Raised to $160 at Jefferies
February 20, 2025 1:58 PM ESTJefferies analyst Thomas Chong raised the price target on Alibaba (NYSE: BABA) to $160.00 (from $156.00) while maintaining a Buy rating.
The analyst comments "BABA reported Dec quarter results (link) with CMR, Cloud and TTG EBITA coming in ahead of expectations. Management highlights competitive... More
Evercore ISI Reiterates Outperform Rating on Apple (AAPL)
February 19, 2025 3:15 PM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $260.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "ALL YOU NEED TO KNOW: Apple announced the iPhone 16e today and we think both the tech specs and price point are positive relative to expectations. The price for the new phone will start at $599, which is a sizable increase over the prior $429 starting point for... More
Citi Reiterates Buy Rating on Baidu (BIDU)
February 19, 2025 7:07 AM ESTCiti analyst Alicia Yap reiterated a Buy rating and $139.00 price target on Baidu (NASDAQ: BIDU).
The analyst comments "On Feb 19, Citi hosted a post-4Q24 results management investor group call with Baidu IR Director Ms. Juan Lin. Key discussion topics included: 1) Core ad outlook; 2) AI... More
Baidu (BIDU) PT Raised to $105 at Mizuho
February 18, 2025 4:18 PM ESTMizuho analyst James Lee raised the price target on Baidu (NASDAQ: BIDU) to $105.00 (from $95.00) while maintaining a Outperform rating.
The analyst comments "Cloud revenue growth accelerated to 26% YoY with Gen-AI already making up double-digit-% of revenues while making progress in AD. At... More
Evercore ISI Reiterates Outperform Rating on Apple (AAPL)
February 18, 2025 5:12 AM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $260.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "ALL YOU NEED TO KNOW: The fourth-generation iPhone SE is expected to be released sometime around March (expecting an announcement in mid/ late February). We think this could modestly bolster growth in Mar-qtr but be more material as units ramp-up in Junqtr and Sept-qtr. Our sense is that the iPhone SE (4th gen) will feature notable hardware upgrades and come... More
