Microsoft “Best Way to Play AI,” Says Truist
Truist Securities has named Microsoft (NASDAQ) as the top pick for AI investments, citing its evolving AI strategy and partnership with OpenAI as key factors. Analysts believe Microsoft’s leadership in enterprise AI applications will provide substantial benefits compared to other cloud providers.
Palantir Downgraded to Sell by Monness, Crespi and Hardt
Monness, Crespi, and Hardt downgraded Palantir Technologies Inc (NYSE) to Sell, with a target price of $20. Following a disappointing earnings season and overvaluation concerns, analysts suggest the stock’s current value has reached extreme levels despite long-term potential in AI.
Bernstein Raises Apple Price Target, Sees AI Leadership Potential
Bernstein increased its target price for Apple Inc (NASDAQ) from $195 to $240, expressing confidence in Apple’s ability to lead in AI. The firm highlights Apple’s vast customer base and potential to integrate AI features, although some benefits may take longer to materialize.
Wedbush Increases Micron PT to $170 Ahead of Earnings
Wedbush Securities reiterated a Buy rating on Micron Technology Inc (NASDAQ), raising its price target from $130 to $170. Analysts expect a positive outlook for Micron’s financials, driven by ongoing undersupply in the memory market.
Rosenblatt: Adeia “Most Undervalued AI Play”
Rosenblatt Securities praised Adeia Inc (NASDAQ) as the most undervalued AI investment, noting its leadership in AI growth sectors and significant opportunities in semiconductors and digital entertainment IP. The firm recommends a closer look at Adeia’s potential.
