Here are the biggest calls on Wall Street on Thursday.
Nomura Instinet raised its price target on Advanced Micro Devices to $58 from $40.Guggenheim downgraded Abbott Labs to neutral from buy.Baird downgraded Wells Fargo to underperform from neutral.Baird named Peloton as a fresh pick.SpaceX CEO Elon Musk gives an update on the next-generation Starship spacecraft at the company's Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas.
"We believe the trend towards electrification will only accelerate in 2020. We expect to get a glimpse of this next week when reports its delivery numbers for Q4, which we anticipate will be above company guidance of 360,000 units for 2019, in comparison to our 368,965 expectation."Nomura Instinet raised its price target on Advanced Micro Devices to $58 from $40
Nomura said it sees the semiconductor company getting stronger in 2020 with a steady stream of new products in the pipeline.to continue strengthening its competitive position in 2020 through a steady stream of new product introductions on 7nm and 7nm+ technologies, continuing market share gains, ASP increases, revenue growth, and increasing operating leverage.
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The hottest stock of 2019, AMD, is on the move again after an analyst hiked his price targetNomura Instinet raised its price target on Advanced Micro Devices after the stock soared last year.
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Here's what's open and closed New Years DayIt's the first day of 2020 and you need to get your resolutions in order. That might mean a visit to the bank or a few hours (minutes?) at the gym. Or a shopping trip.
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