$ATVI, $AAPL, $AMAT, $MSFT
Below is a list of stocks analysts have singled out to look at carefully Monday, as follows:
Activision Blizzard Inc. (NASDAQ:ATVI) was reiterated with a Buy rating and put on the Focus List at Argus in its post-earnings review.
Apple Inc. (NASDAQ:AAPL) was reiterated with an Outperform rating and its price target was raised from 300 to 325 at Wedbush Securities. JPMorgan reiterated its Overweight rating with a 290 target price on Apple, and Piper Jaffray reiterated its Overweight rating and raised its target to 290 from 270. Shares closed with a $1.18-T market cap and with a prior consensus target price of 255.51.
Applied Materials Inc. (NASDAQ:AMAT) was last seen up about 6% at 60.050 after beating earnings expectations. Credit Suisse reiterated its Outperform rating and raised its earnings estimates ahead after seeing that the upside was driven by logic and foundry operations, while NAND was showing signs of a recovery and DRAM was still correcting.
Microsoft Corp. (NASDAQ:MSFT) was reiterated as Outperform with a 170 target price at Wedbush. The call is after Amazon lived up to expectations by challenging the huge government/DoD JEDI cloud contract, but Wedbush believes Microsoft will come out on Top as the sole award winner and that this is a game-changer for Microsoft in winning many other enterprise cloud battles over Amazon and Jeff Bezos.
Have a terrific week.
Latest posts by HEFFX Australia (see all)
- Amazon (NASDAQ:AMZN) Recent Pullback Created an Attractive “Entry Point” - September 23, 2020
- Tesla (NASDAQ:TSLA) Lost Around $50 Billion on Battery Day - September 23, 2020
- Is It Time To Buy Facebook (NASDAQ:FB) Stock? - September 23, 2020