Latest news with #TD_Cowen
Yahoo
4 days ago
- Business
- Yahoo
Marvell price target raised to $70 from $60 at TD Cowen
TD Cowen raised the firm's price target on Marvell (MRVL) to $70 from $60 and keeps a Buy rating on the shares. The firm said an in-line print/guide with strong language on 3nm engagement with Amazon (AMZN), but 'multiple paths' commentary is likely to continue to concern investors who will be hoping for more detail at the June AI webinar. Long-term momentum is there, but lack of 'upside' in a strong spending environment, and inherent limited visibility in custom is likely to keep the stock a battleground. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on MRVL: Disclaimer & DisclosureReport an Issue Marvell price target lowered to $90 from $110 at Raymond James Marvell price target lowered to $90 from $110 at Loop Capital Marvell price target lowered to $85 from $95 at Piper Sandler Marvell Technology: Strong Buy Rating Backed by AI-Driven Growth and Strategic Collaborations Marvell's Promising Growth Prospects and Strategic Engagements Justify Buy Rating
Yahoo
4 days ago
- Business
- Yahoo
UiPath price target raised to $15 from $12 at TD Cowen
TD Cowen raised the firm's price target on UiPath (PATH) to $15 from $12 and keeps a Hold rating on the shares. The firm said its 1Q performance exceeded expectations while 2Q and revised FY26 outlooks are above Street with revenue and EBIT reflecting healthy outperformance and ARR slightly higher, while adjusted FCF was affirmed. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on PATH: Disclaimer & DisclosureReport an Issue UiPath price target raised to $15 from $13 at RBC Capital UiPath: Balancing Optimism and Caution Amid Economic Uncertainty UiPath's Growth Challenges Amid Strong Revenue Performance: Analyst Maintains Hold Rating UiPath's Promising AI Growth and Market Challenges Lead to Hold Rating UiPath price target raised to $14 from $12 at Barclays Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
PagerDuty price target lowered to $17 from $18 at TD Cowen
TD Cowen analyst Derrick Wood lowered the firm's price target on PagerDuty (PD) to $17 from $18 and keeps a Hold rating on the shares. The firm said revenues were at high end of guide but weaker ARR/bookings and FY26 guide was lowered to 5-7%. Enterprise downgrades and SMB churn were the culprits hurting gross retention, which management believes is an anomaly. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on PD: Disclaimer & DisclosureReport an Issue PagerDuty price target lowered to $20 from $22 at RBC Capital Cautious Outlook for PagerDuty Amid Execution Risks and Revenue Challenges PagerDuty's Strong Operating Margins and Customer Growth Highlight Potential Amid Execution Challenges PagerDuty Reports Strong Q1 Fiscal 2026 Results Closing Bell Movers: Gap down 15%, Elastic off by 11% on earnings
Yahoo
5 days ago
- Business
- Yahoo
AI Push Powers Amphenol Corporation (NYSE:APH) Higher—But TD Cowen Says Hold Despite Target Hike
TD Cowen earlier this month raised the price target on Amphenol Corporation (NYSE:APH) to $70 from $63 and kept a Hold rating on the shares. Amphenol specializes in designing, manufacturing, and marketing electrical, electronic, and fiber optic connectors. The advisory said the AI ramp had been incredible, and numbers kept moving higher. At some point the quarter over quarter ramp would slow or reverse, and it would be a problem, but not now. In earnings for the first quarter of 2025, the company reported record sales of $4.81 billion, an increase of 48% year-over-year. The firm guided Q2 sales between $4.9 billion and $5 billion. This represents a year-over-year sales growth of 36% to 39%. APH expects strong contributions from the IT datacom market, particularly from AI-related products, with continued investments in AI data centers and IT infrastructure. Defense sales are projected to grow in the high single-digit range. While we acknowledge the potential of APH, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than APH and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TechCrunch
12-05-2025
- Business
- TechCrunch
OpenAI's Stargate project reportedly struggling to get off the ground, thanks to tariffs
In Brief OpenAI's ambitious Stargate data center project is facing delays thanks to tariff-related economic uncertainty, reports Bloomberg. Growing market volatility and cheaper AI services have made banks, private equity investors, and asset managers wary of investing in Stargate, an OpenAI-led project that aims to raise up to $500 million for AI infrastructure in the U.S. and overseas. SoftBank, which in January said it would contribute significant capital to Stargate, has yet to develop a financing template or begin detailed discussions with potential backers, according to Bloomberg. Tariffs could greatly increase the cost of data center buildouts. Per an analysis by TD Cowen cited by Bloomberg, hiked prices for server racks, cooling systems, chips, and other components could contribute to overall build cost rises of 5-15% on average. Investors are also growing wary of an overcapacity spike. As Bloomberg notes, tech giants including Microsoft and Amazon have adjusted their data center strategies, in some cases pulling back on construction projects.
