All articles tagged with #wolfe research
Wolfe Research boosted Micron Technology's price target to $1,250 from $550, citing sharper DRAM and NAND memory pricing and demand likely to stay ahead of supply through 2027–2028; the note follows similar upgrades from Susquehanna, DA Davidson and Mizuho, with MU shares up about 11% on the day.
According to Wolfe Research, the recent rallies in bitcoin and gold may be related due to a combination of factors including inflation concerns, geopolitical tensions, and a search for alternative investments. The firm suggests that both assets are benefiting from a similar investor mindset and could continue to move in tandem as investors seek to hedge against potential risks in traditional markets.
Wolfe Research analysts upgraded AT&T stock to Outperform with a $21 price target, citing improved cash flow, reduced debt, and increased efficiency despite a recent network outage. The upgrade reflects a positive outlook on AT&T's fundamentals, including margin improvement and subscriber results, signaling a shift in sentiment towards the telecom company.
According to Wolfe Research, the 'Big 7' tech stocks are expected to continue their outperformance for the remainder of the year, based on market analysis and investment trends.
Wolfe Research has double-upgraded a regional bank stock, citing it as an "attractive place to hide" in the current market. The investment firm's analysis suggests that the bank's strong balance sheet and potential for growth make it a solid choice for investors looking for stability in uncertain times.