Here are Wednesday's biggest analyst calls: Nvidia, Tesla, AMD, Reddit, Blackberry, Arm, Take-Two, Barclays & more
CNBC Top News ·

Here are the biggest calls on Wall Street on Wednesday: Citi upgrades Macerich to buy from neutral Citi says it sees "balance sheet strength" for the real estate investment trust company. …
Here are the biggest calls on Wall Street on Wednesday: Citi upgrades Macerich to buy from neutral Citi says it sees "balance sheet strength" for the real estate investment trust company. "We are upgrading MAC to Buy from Neutral and raising our target price to $28 from $24." Citizens initiates Bitdeer Holdings and Mara Holdings as market outperform Citizens says the bitcoin miners have plenty more room to run. "We are launching coverage of Bitdeer Technologies , CleanSpark, Keel Infrastructure, and MARA Holdings, all with Market Outperform ratings as these companies are following the lead of others in repurposing existing power capacity once used for bitcoin mining to providing high performance compute capacity to hyperscale customers and other large enterprises." Mizuho initiates So-Gel Technologies as outperform Mizuho says the biotech company is well positioned. "We initiate coverage of Sol-Gel Technologies (SLGL) with an Outperform rating and a $285 price target." Goldman Sachs initiates Twilio as buy Goldman says it sees margin upside. "We initiate coverage of Twilio (TWLO) with a Buy rating and a 12-month price target of $300." Seaport reiterates Nvidia as sell Seaport says it's sticking with its sell rating on the stock. "We think the growing burden on (and off) Nvidia's balance sheet, as well as Broadcom's announcement that it is also joining the circular-financing boom, demonstrates that the industry faces mounting financing constraints. …
Original source: CNBC Top News