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Microsoft Analyst Says Acquisition Of Activision Blizzard Is 'A Major Bet On Consumer'
Tuesday, January 18, 2022 - 2:22pm | 557Read More...Microsoft Corporation (NASDAQ: MSFT) announced Tuesday a deal to buy Activision Blizzard Inc (NASDAQ: ATVI) for $95 per share in cash, valuing the game developer at $68.7 billion. An analyst at Wedbush broke down the deal dynamics, and how it will impact Redmond's business. The...
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Why Analyst Sees GM's All-Electric Silverado Launch On Wednesday As A 'Renaissance' Moment For Legacy Automaker
Wednesday, January 5, 2022 - 2:10am | 560Read More...General Motors Co’s (NYSE: GM) public reveal of its electric pickup Chevrolet Silverado on Wednesday before it goes on sale in early 2023 is expected to be a pivotal move for the legacy automaker as it looks to match rival Ford Motor Co’s (NYSE: F) full-size electric pickup offering,...
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Apple Becomes First Company To Top $3 Trillion Market Cap; Analyst Says Rally Has Further Legs
Monday, January 3, 2022 - 3:51pm | 547Read More...Apple, Inc. (NASDAQ: AAPL) shares have had a rip-roaring start to the year and in the process scaled a major milestone. What Happened: Apple has become the first company to breach a $3-trillion market capitalization mark by virtue of a 2%-plus rally on Monday. After closing 2021 with a...
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Analyst Says Tesla's Q4 Is A 'Trophy Case' Quarter, Why He Thinks Momentum Building Into 2022
Sunday, January 2, 2022 - 5:28pm | 397Read More...Tesla, Inc. (NASDAQ: TSLA) on Sunday reported record deliveries for the fourth quarter as well as for the full-year 2021. The Tesla Analyst: Wedbush analyst Daniel Ives maintained an Outperform rating and $1,400 price target on Tesla shares, with the bull-case price target at $1,800. The...
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A Christmas Wish List For EV Makers
Friday, December 24, 2021 - 12:44pm | 670Read More...Wall Street is unanimous about the massive electric vehicle market opportunity set to unfold in the coming years. Against this backdrop, an analyst at Wedbush pondered what could be on Christmas wish lists for the EV makers. Christmas Wish List: The EV sectors would be hoping for...
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Why Wedbush Predicts Nearly 100% Upside For This Auto Data Analytics Firm
Tuesday, December 21, 2021 - 2:27pm | 432Read More...Shares of Wejo Group Limited (NASDAQ: WEJO), an auto data analytics company, have huge upside potential, according to an analyst at Wedbush. The Wejo Analyst: Daniel Ives initiated coverage of Wejo shares with an Outperform rating and $10 price target, suggesting an over 90% upside...
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Why Rivian Analysts Remain Confident After Automaker's Warning Of Production Shortfall
Friday, December 17, 2021 - 12:38pm | 746Read More...Rivian Automotive, Inc. (NASDAQ: RIVN) released its first quarterly report as a public company late Thursday. Although the third-quarter results were largely in line with expectations, the company's warning of a production shortfall spooked investors. The Rivian Analysts: Wedbush analyst...
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3 Stocks To Play The 'Massive EV Market Opportunity' Heading Into 2022
Monday, December 13, 2021 - 3:03pm | 722Read More...The year 2022 will be an inflection point for the EV industry, given the stage is set for massive consumer demand, an analyst at Wedbush said. Global EV Penetration to Increase By 60% In 2022: Although the chip shortage remains a lingering overhang on the EV industry, the impact will be ...
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Will Apple Hit $3 Trillion Market Cap This Week?
Sunday, December 12, 2021 - 5:39pm | 473Read More...After a not-so-enterprising first-half of the year, Apple, Inc. (NASDAQ: AAPL) shares began picking up steam in the second-half. An analyst at Wedbush said Sunday, Cupertino is inching closer to a milestone. Apple On Doorstep Of $3T Market-Cap: Apple is on pace to become the first $3 trillion...
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Why Rotation Out Of Chinese Tech Stocks Bodes Well For Apple, Microsoft And US Tech Stocks
Wednesday, December 8, 2021 - 11:36am | 632Read More...Last week Chinese ride-hailing giant DiDi Global Inc. (NYSE: DIDI) announced plans to delist from the U.S. This underlines the regulatory pressure under which DiDi and other tech stalwarts have been operating in. China Tech Pain Is Gain For U.S. Peers: Beijing has created hurricane-like headwinds...
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Why Rivian Analysts Are Largely Bullish: 'EV Maker Could Be The One That Can Challenge Tesla'
Monday, December 6, 2021 - 4:17pm | 821Read More...Following a high-profile initial public offering and heady gains in the first few sessions, Rivian Automotive, Inc. (NASDAQ: RIVN) shares have come off the highs and yet are trading above the IPO price. Following the expiry of IPO quiet period, analysts began initiating coverage of the...
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Rivian Gets Maiden Bullish Recommendation Despite Lofty Post-IPO Valuation; 'EV Maker In Catbird's Seat To Take Considerable Market Share'
Sunday, December 5, 2021 - 2:27pm | 603Read More...EV startup Rivian Automotive, Inc. (NASDAQ: RIVN) went public in early November by offering 153 million shares at $78 a share, giving it a massive initial public offering valuation of over $100 billion. The irrational exuberance seen in the initial few days of trading lifted the stock to a high...
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Why Apple Is On Track To $3 Trillion Market Cap In 2022: A 'Safety Blanket' Tech Stalwart During Market Storm
Thursday, December 2, 2021 - 9:21am | 403Read More...Apple, Inc. (NASDAQ: AAPL) stock has been on a strong run in recent sessions, and an analyst at Wedbush is of the view there is further upside. The Apple Analyst: Daniel Ives maintained an Outperform rating on Apple and increased the price target from $185 to $200, suggesting more than 20%...
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Salesforce Stock Falls After Q3 Earnings: Analysts React To Conservative Guidance, Mulesoft Headwinds
Wednesday, December 1, 2021 - 12:26pm | 748Read More...Salesforce.com, inc. (NYSE: CRM) shares fell Wednesday after the company missed expectations with its fourth-quarter guidance. Salesforce reported third-quarter adjusted EPS of $1.27 on revenue of $6.86 billion. Both numbers exceeded consensus analyst estimates of 92 cents and $6.8 billion,...
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Matterport Analyst Ups Price Target For Metaverse Stock By 27%: 'This Tech Story Remains Under-the-Radar'
Tuesday, November 30, 2021 - 1:44pm | 446Read More...Matterport Inc.'s (NASDAQ: MTTR) growth story evinces confidence heading into 2022, according to an analyst at Wedbush. The Matterport Analyst: Daniel Ives maintained an Outperform rating on Matterport shares and increased the price target from $30 to $38. The Matterport Thesis...
