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The Latest Breaking News from Joseph Moore

Read How Analysts Reacted To Broadcom's Q1 Results

Analysts boosted their price targets on Broadcom Inc (NASDAQ:AVGO) post Q1 FY22 results. Baird analyst Tristan Gerra raised the price target on Broadcom from $690 to $700 (21% upside) and kept an Outperform. The analyst said strong demand continues and will likely accelerate year-over-year this quarter, driven by enterprise IT, hyper-scale and cloud, switches upgrades…

Benzinga

Here's Why Morgan Stanley Downgraded Teradyne

Morgan Stanley analyst Joseph Moore downgraded Teradyne Inc (NASDAQ:TER) to Equal Weight from Overweight with an unchanged price target of $132 (17% upside). He likes the company's long-term direction and continues to see a rebound for the Apple Inc (NASDAQ:AAPL) business in 2023. However, the downward revision to this year's estimates and the general underperformance of capital…

Benzinga

Here's Why Morgan Stanley Prefers Globalfoundries Over Intel

Morgan Stanley analyst Joseph Moore upgraded Globalfoundries Inc (NASDAQ:GFS) to Overweight from Equal Weight with a price target of $72.50, up from $70 (21.64% upside). Moore downgraded Intel Corp (NASDAQ:INTC) from Equal-Weight to Underweight and announced a $47 price target (3.83% downside). Moore prefers GlobalFoundries over Intel, given his view that the former acts as a hedge against the…

Benzinga

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