At Extreme Investor Network, we are constantly scanning the investing landscape to bring you the latest insights and opportunities that can help you grow your portfolio. In today’s blog post, we will highlight some of the recent analyst calls and Wall Street chatter that can impact your investment decisions.
Starting off the week, Morgan Stanley initiated coverage of Reddit with an equal weight rating. This online forum stock has been making waves in the market, and our experts believe it is worth keeping an eye on. Meanwhile, Canaccord Genuity initiated Coty with a buy rating, projecting a price target that implies over 30% upside potential.
Looking at specific stocks, Citi has opened a positive catalyst watch on Nvidia, expecting the chipmaker to see a tick higher heading into quarterly results and the Computex Taiwan event on June 2. Barclays is also bullish on Microsoft’s Azure segment, anticipating better-than-expected growth in the third quarter.
On the flip side, Morgan Stanley has downgraded Logitech due to a lower-than-expected annual revenue growth outlook. However, the firm remains optimistic on Reddit’s long-term prospects, despite initiating coverage with an equal weight rating.
In the health technology sector, Stifel has upgraded Masimo, citing positive catalysts that can boost growth for the company moving forward. With multiple factors aligning in its favor, Masimo is poised for further share price appreciation.
At Extreme Investor Network, we believe in providing our readers with unique insights and valuable information that can help them make informed investment decisions. Stay tuned for more updates and analysis from our team of experts as we continue to explore the ever-changing world of investing.
