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

Investment Strategy Notizia

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

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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

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