Market Insights & Analysis

CIBC Maintains Bullish “Outperform” Rating for BRP Inc,

March 28th, 2024

Analyst Coverage/Analysis CIBC World Markets (Analyst Rank#10),  has reaffirmed its positive outlook on BRP Inc., a global leader in the design, manufacturing, distribution, and marketing of power sports vehicles and propulsion systems. In its latest update, CIBC has maintained its "Outperform" rating on BRP's stock with a target price of CAD...

Hut 8 (HUT:TSX) Mining Stock Analysis

March 28th, 2024

Analyzing Hut 8 Mining Corp: A Comprehensive Stock Review Hut 8 Mining Corp, a major figure in the cryptocurrency mining sector, has recently seen its stock break through valuation forecast. HUT:CA Ratings by Stock Target Advisor Analyst Forecast: According to the consensus forecast from 2 analysts, the average target...

Stock Market Update for March 28th, 2024

March 28th, 2024

Global Markets US Markets In the US stock market, trading remained mixed within a narrow range as investors awaited key economic indicators to gauge the overall health of the economy and to glean insights into the Federal Reserve's future policy direction. The atmosphere was relatively subdued, particularly with a long weekend on the horizon....

New Snowflake CEO Buys Stock, Likely on AI Growth

March 28th, 2024

Snow Flake Insider Trade In a move signaling confidence in the company's future, Snowflake's CEO, Mr. Ramaswamy, has recently purchased shares worth $5 million, as indicated by a regulatory filing. This significant investment underscores Ramaswamy's belief in Snowflake's potential for growth and success in the competitive tech industry. CEO's...

TD Securities Maintains “Hold” Rating on Blackberry

March 28th, 2024

Analyst Coverage BlackBerry Limited, a once-prominent player in the mobile phone industry, has seen a significant transformation in recent years, pivoting towards software and cybersecurity solutions.  TD Securities *Rank #10)  maintained the "Hold" rating and a target price of $4.00 on the stock. BB:CA Ratings by Stock Target...

Amazon (AMZN:NSD) Telsey Advisory Maintains “Outperform” rating

March 28th, 2024

Analyst Coverage Telsey Advisory Group (Analyst Rank #55) recently reiterated its bullish outlook on Amazon, one of the world's largest e-commerce and cloud computing companies. The firm maintained its "Outperform" rating on Amazon's stock with a target price of USD 200. AMZN Ratings by Stock Target Advisor This...

Diamondback Energy (FANG) Analysts Rate “Strong Buy” on purchase of Endeavor Energy for $26 Billion

February 12th, 2024

Diamondback Energy to Acquire Endeavor Energy in $26 Billion Mega Shale Deal Diamondback Energy Inc, a prominent shale producer, has announced its plans to acquire Endeavor Energy Partners, the largest privately held oil and gas producer in the Permian Basin. The acquisition will be executed through a cash-and-stock deal...

Airbnb Q4 Earnings Preview: Will Bookings and Guidance Take Off?

February 12th, 2024

Investors are eagerly awaiting Airbnb's (ABNB: NSD) Q4 earnings report, scheduled with hopes that strong results will continue to propel the stock higher. But after a recent dip, will upbeat numbers be enough to overcome market headwinds and send the stock soaring, or could some turbulence lie ahead? Wall Street currently anticipates revenue of...

Apple and Rivos Put an End to High-profile Chip Theft Lawsuit

February 12th, 2024

 Apple Inc (AAPL: NSD) is finally putting an end to their long-standing legal battle with Rivos over allegations of chip theft. The settlement, which was revealed today, brings an end to the highly watched lawsuit between the two tech giants. AAPL Ratings by Stock Target Advisor Positive Implications for Apple's Stock as...

Cisco Plans to Reduce Workforce Before Q2 Earnings Report

February 12th, 2024

Cisco Systems Inc (CSCO: NSD) recently made headlines by announcing plans for reducing its workforce. The move is set to take place ahead of its Q2 earnings report, indicating a significant shift in the company’s business strategy. But what do these changes imply about Cisco's fundamental strength and future growth prospects?   Stock...

Cloudfare Inc. (NET:NSD) 8 Analysts Update Coverage After Earnings Jump

February 9th, 2024

Analyst Ratings Coverage Todays  analyst ratings updated coverage on Cloudfare's stock: Needham & Company: Rating: Buy Target Price: Increased from USD 110 to USD 135 on 02/09/2024. Analysis: Needham & Company maintains a positive outlook on Cloudfare stock, citing factors that support a bullish sentiment in the company's...

Arm Holdings plc (ARM:NSD) Arm Holdings Surges Nearly 50% on Stellar Earnings, Stock Overvalued?

February 8th, 2024

Arm Holding plc Analysis Arm Holdings Surges Nearly 50% on Stellar Earnings, Bullish Forecast Arm Holdings, a semiconductor industry player, experienced a remarkable surge in its stock price, soaring almost 50 percent. This unprecedented rise came on the heels of the company's quarterly earnings report, which not only exceeded expectations but...

Scotiabank Cuts ATS Corp’s Target Price Amid Backlog Concerns

February 8th, 2024

Analyst Ratings Alert ATS Corp: Scotiabank adjusted its target price for ATS, lowering the target price from C$64 to C$61 reflects Scotiabank's assessment of ATS Corp's current standing and future prospects, particularly concerning its backlog and revenue expectations. ATS Corp's Backlog Conundrum One of the key...

Ford Motor Stock Rises After Impressive Q4 Earnings

February 7th, 2024

Ford Motor (F: NYE) stock experienced a significant surge in after-hours trading, following the release of better-than-expected fourth-quarter earnings results. This positive performance is an encouraging sign for Ford as it strives to regain its footing in the automotive market. F Ratings by Stock Target Advisor Key...

Snap Inc. (SNAP:NSD) Investors Concern over Q4 Results and Bleak Forecast

February 7th, 2024

Snap Inc. (SNAP: NYE) experienced a significant drop in its stock price after reporting a Q4 revenue miss and issuing a bleak forecast for the coming months. The disappointing financial results and cautious outlook have raised concerns among investors and analysts alike. SNAP Ratings by Stock Target Advisor Stock Target...

UBS Ensures Stability with $1 Billion AT1 Securities Offering

February 7th, 2024

UBS Group AG (UBS: NYE) has announced the launch of its new funding plan with the offering of $1 billion Additional Tier 1 (AT1) securities. This move by UBS showcases its commitment to proactively managing its capital and ensuring a strong financial position.   UBS Ratings by Stock Target Advisor Do UBS's Funding...