Friday saw several notable upgrades and initiations across sectors. UBS upgraded Amkor Technology to buy, citing the company’s 1.5 billion dollar strategic partnership with Nvidia. Baird reiterated Apple as outperform and raised its price target to 330 dollars. Bank of America maintained Intel as buy, noting data center sales surged 59 percent year-over-year, the company’s best growth rate in 15 years. Citi added Dell to positive catalyst watch and raised its price target to 515 dollars. However, Piper Sandler lowered Tesla’s price target to 450 dollars, citing expected lower margins in both the automotive and energy segments.
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