The Latest Breaking News from Susquehanna

Upgrades

Susquehanna has decided to maintain its Positive rating of Texas Instruments (NASDAQ:TXN) and lower its price target from $230.00 to $215.00. Shares of Texas Instruments are trading up 0.66% over the last 24 hours, at $169.56 per share.

Upgrades According to Susquehanna, the prior rating for Boyd Gaming Corp (NYSE:BYD) was changed from Neutral to Positive. At the moment, the stock has a 52-week-high of $72.72 and a 52-week-low of $50.38. Boyd Gaming closed at $64.20 at the end of the last trading period.

 

Rosenblatt did not expect any surprises from Seagate Technology Holdings PLC (NASDAQ:STX) and Western Digital Corp (NASDAQ:WDC) pre-announcing their March quarter results. The June quarter outlook is a different story.  Continued COVID-related shutdowns in China may further delay security system deployments that use HDD storage.  June quarter HDD revenue could have some upside if the…

Analysts updated ratings and price target for Halliburton Company (NYSE:HAL) after Q1 results. Citi analyst Scott Gruber raised the price target to $48 (an upside of 19.6%) from $44 while maintaining the Buy rating on the shares. Gruber states that expectations for HAL were high coming into the quarter. The analyst utilizes 38% increments in…

Susquehanna analyst Mehdi Hosseini downgraded the Seagate Technology Holdings PLC (NASDAQ:STX) to Negative and Western Digital Corp (NASDAQ:WDC) to Neutral. Hosseini slashed Seagate's price targets to $65 (20.7% downside) and Western Digital to $50 (6.3% upside).  Even though hard disk drive shipments are likely to be higher in the near term and the second half of 2022 and…

At the Nvidia Corporation (NASDAQ: NVDA) GTC 2022 virtual keynote event, CEO Jensen Huang announced several breakthrough, inno

Susquehanna analyst Bascome Majors upgraded Knight-Swift Transportation Holdings Inc (NYSE:KNX) to Positive from Neutral and raised the price target of $69 (28% upside), up from $62. Majors states that there is an attractive risk/reward in buying truckload names "already priced for a deep freight recession." The analyst notes intermodal is in one of its best…

Susquehanna analyst Bascome Majors upgraded Schneider National Inc (NYSE:SNDR) to Positive from Neutral and raised the price target to $32 (an upside of 19.5%), from $29. Majors noted there is an attractive risk/reward in buying truckload names "already priced for a deep freight recession." Intermodal is in one of its best cyclical and structural periods…

Wells Fargo analyst Matthew Akers lowered L3Harris Technologies Inc's (NYSE:LHX) price target to $240 (an upside of 15%) from $254 and maintained an Overweight rating on the shares.  Akers notes the stock trades at a discount to its defense peers despite his belief that it is a portfolio well-matched to Department of Defense spending priorities…