Friday's analyst calls: Broadcom earnings reaction, Chinese EV stock gets an upgrade

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 72%

Investment Strategy News

Stock Markets,NIO Inc,Nio Inc

A chipmaker and a Chinese electric vehicle maker were among the stocks being talked about by analysts on Friday.

Analysts gave their thoughts on Broadcom after the company's latest quarterly figures. Meanwhile, JPMorgan raised its rating on Nio shares. Check out the latest calls and chatter below. All times ET. 5:55 a.m.: Barclays leaves behind underweight rating for Coinbase and Robinhood Barclays has turned less bearish on Coinbase and Robinhood , with analyst Benjamin Budish upgrading both crypto stocks to equal weight from underweight.

mountain COIN and HOOD year to date — Alex Harring 5:44 a.m.: JPMorgan upgrades Nio After a tough 2024, JPMorgan said Nio could be in for a big run. Analyst Nick Lai upgraded U.S.-listed shares of the Chinese electric vehicle maker to overweight from neutral. Lai also hiked his price target by $2.70 to $8, now reflecting upside of 64.9% from Thursday's close. That would mark a turn after a harsh year, he noted, with shares down about 46.5% in 2024.

mountain AVGO drops — Fred Imbert

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Broadcom stock is tumbling after an earnings beat — and how to play the dipThe investment thesis for Broadcom is intact: AI revenues are strong, non-AI semi sales are bottoming and the VMWare integration is exceeding all expectations.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Broadcom, DocuSign, UiPath and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »