S&P and Nasdaq futures are rebounding Tuesday after Monday’s decline, driven by a comeback in AI-related stocks. Raymond James raised its price target on Nvidia to $352, implying nearly 70% upside, while also upgrading AMD to strong buy. Conversely, Mizuho cut price targets on memory-chip makers Sandisk and Micron as well as semiconductor equipment suppliers Applied Materials and Lam Research. On the positive side, Workday, Netflix and Capital One each received analyst upgrades, while Dick’s Sporting Goods plunged 18% premarket after a disappointing quarter.
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