Morning analyst moves worth watching:
$AMD upgraded to Strong Buy at Raymond James with a $641 target — that's serious conviction on the chip rally
$BFH and $CAPR both getting love from their respective shops, moving to Outperform
$DT jumps to Overweight at Morgan Stanley with $65 PT — they're seeing something in the data infrastructure space
$FLNC catches a small break, upgraded from Sell to Neutral at UBS (still only $12 PT though)
$FOUR moves to Overweight at Wells with $59 target — restaurant tech getting another look
$MRNA gets a modest lift from Underperform to Peer Perform at Wolfe
$SMMT also upgraded to Market Perform at Bernstein
Most interesting here is the AMD call — that price target suggests they think the AI chip story still has legs despite the recent run
$AMD upgraded to Strong Buy at Raymond James with a $641 target — that's serious conviction on the chip rally
$BFH and $CAPR both getting love from their respective shops, moving to Outperform
$DT jumps to Overweight at Morgan Stanley with $65 PT — they're seeing something in the data infrastructure space
$FLNC catches a small break, upgraded from Sell to Neutral at UBS (still only $12 PT though)
$FOUR moves to Overweight at Wells with $59 target — restaurant tech getting another look
$MRNA gets a modest lift from Underperform to Peer Perform at Wolfe
$SMMT also upgraded to Market Perform at Bernstein
Most interesting here is the AMD call — that price target suggests they think the AI chip story still has legs despite the recent run