Baird downgraded Nvidia to neutral, citing delays to 2027 data-center forecasts, supply problems, a potential slowdown in demand and uncertainty over chief executive Jensen Huang’s tenure. Morgan Stanley nevertheless maintained its overweight rating and 12-month price target, while UBS reiterated neutral on Apple after iPhone wait times declined. Goldman Sachs retained its buy rating on CoreWeave, arguing that its technology, ability to scale capital expenditure and favorable contract economics could drive outsized equity returns. Jefferies initiated buy ratings on Teradyne, FormFactor, Corning, Cognex, Littelfuse and Zebra Technologies, setting price targets of $284, $102, $134 and $382 respectively for the first three of those companies, while Deutsche Bank upgraded Unilever to buy and JPMorgan upgraded Republic Services and Mercury Systems to overweight.
Source: Read the original article
