Latest news with #VijayRakesh
Business Insider
3 days ago
- Business
- Business Insider
Mizuho Securities Reaffirms Their Buy Rating on Microchip (MCHP)
In a report released yesterday, Vijay Rakesh from Mizuho Securities maintained a Buy rating on Microchip, with a price target of $85.00. The company's shares closed yesterday at $66.22. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Rakesh is a 5-star analyst with an average return of 18.9% and a 55.80% success rate. Rakesh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Broadcom, and Credo Technology Group Holding Ltd. In addition to Mizuho Securities, Microchip also received a Buy from Citi's Christopher Danely in a report issued on July 25. However, on August 2, TR | OpenAI – 4o reiterated a Hold rating on Microchip (NASDAQ: MCHP). MCHP market cap is currently $36.23B and has a P/E ratio of -8,069.51. Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MCHP in relation to earlier this year. Most recently, in May 2025, Karlton D Johnson, a Director at MCHP sold 494.00 shares for a total of $29,980.86.
Business Insider
24-07-2025
- Automotive
- Business Insider
Mizuho Securities Sticks to Their Buy Rating for Tesla (TSLA)
In a report released today, Vijay Rakesh from Mizuho Securities maintained a Buy rating on Tesla, with a price target of $375.00. The company's shares closed today at $332.56. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Rakesh is a 5-star analyst with an average return of 19.2% and a 60.16% success rate. Rakesh covers the Technology sector, focusing on stocks such as Broadcom, Credo Technology Group Holding Ltd, and Advanced Micro Devices. In addition to Mizuho Securities, Tesla also received a Buy from Benchmark Co.'s Mickey Legg in a report issued today. However, yesterday, GLJ Research reiterated a Sell rating on Tesla (NASDAQ: TSLA). Based on Tesla's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $19.34 billion and a net profit of $409 million. In comparison, last year the company earned a revenue of $21.3 billion and had a net profit of $1.39 billion Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is neutral on the stock. Last month, Xiaotong Zhu, the SVP, APAC of TSLA sold 15,000.00 shares for a total of $4,857,000.00.
Business Insider
19-07-2025
- Automotive
- Business Insider
Jefferies Reaffirms Their Buy Rating on Autoliv (ALV)
In a report released yesterday, Michael Aspinall from Jefferies reiterated a Buy rating on Autoliv, with a price target of $140.00. The company's shares closed yesterday at $112.08. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Aspinall covers the Industrials sector, focusing on stocks such as Daimler Truck Holding AG, DHL Group, and Volvo AB. According to TipRanks, Aspinall has an average return of 8.6% and a 67.35% success rate on recommended stocks. In addition to Jefferies, Autoliv also received a Buy from Mizuho Securities's Vijay Rakesh in a report issued yesterday. However, on July 11, Robert W. Baird maintained a Hold rating on Autoliv (NYSE: ALV).
Yahoo
19-07-2025
- Business
- Yahoo
Mizuho Turns Bullish on Broadcom (AVGO) as AI Opportunities Expand in China
Broadcom Inc. (NASDAQ:) is one of the . On July 15, Mizuho analyst Vijay Rakesh raised the price target on the stock to $329.00 (from $315.00) while maintaining an 'Outperform' rating. The affirmation follows the Trump administration announcing that Nvidia and other AI accelerator providers can begin shipping AI GPUs to China. 'Last night, as part of its trade negotiations with China, the Trump administration announced that NVDA, and other AI Accelerator providers, would be allowed to resume AI GPU shipments into China. Key takeaways include: 1) BIG win for NVDA, as it previously noted it expected a $8B top-line hit in JulQ from shipment restrictions, as well as additional tailwinds from an expected Blackwell project designed to meet the US's requirements on shipments into China later this year, 2) AVGO ASIC for ByteDance potentially back on the table, driving potential for upside from current estimates, 3) AMD to resume MI308 shipments to China, and 4) NVDA seeing early benefits as key customers ByteDance and Tencent already applying for H20 shipment licenses. Raising ests/PTs for NVDA/AMD/AVGO to $192/$175/$320 with China's return providing a tailwind as US companies re-enter a ~$50B market. Broadcom is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets. While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 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
Business Insider
19-07-2025
- Business
- Business Insider
AMD Stock Slips on Threadripper Pro Pricing
Advanced Micro Devices (AMD) stock was down on Friday after the semiconductor company revealed the price of its Threadripper Pro 9000 WX-Series CPUs. The Zen 5-based processors will start at $1,649 and will top out at $11,699 when they are released on July 23. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Investors might be sticker-shocked by the price of these new AMD processors, but it's worth noting these aren't for the average computer user. Instead, the Threadripper Pro line is designed with professionals in mind. The large number of cores allows them to be used in powerful applications, such as rendering and artificial intelligence (AI). AMD is also expected to release Threadripper processors that are more reasonably priced. These will lack the Pro designation, but will still offer plenty of power to computer builders. However, the company has yet to reveal how much these CPUs will set consumers back. AMD Stock Movement & Analyst Updates AMD stock was down 1.57% in pre-market trading on Friday, but remained up 30.81% year to date and 5.83% over the past 12 months. AMD stock has also received several analyst updates this week, as traders prepare for the release of the company's earnings report in early August and celebrate the end of an AI chip export ban on China. That coverage includes new ratings and price targets from top analysts. Bank of America Securities' Vivek Arya reiterated a Buy rating and increased his price target to $175 from $130. Mizuho Securities' Vijay Rakesh upgraded the stock to Buy and raised his price target to $175 from $152. Wells Fargo's Aaron Rakers maintained a Buy rating and boosted his price target to $185 from $120. Bernstein's Stacy Rasgon initiated coverage with a Hold rating and a $95 price target. Piper Sandler's Harsh Kumar kept a Buy rating and a $140 price target. Is AMD Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for AMD is Moderate Buy, based on 25 Buy and 10 Hold ratings over the past three months. With that comes an average AMD stock price target of $141.87, representing a potential 9.88% downside for the shares.
