Citi’s Bullish Bet: Lumentum to $800, Corning to $170 Before OFC Conference
Citi hikes price targets on Lumentum to $800 and Corning to $170, citing strong roles in AI networking ahead of the key Optical Fiber Communication conference in March 2026.
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Why Oppenheimer Thinks Oracle’s Risk/Reward Is Now “Favorable”
Oppenheimer upgrades Oracle to Outperform with $185 price target. Stock multiples halved since Sept—strong AI play, EPS growth & improving sentiment create attractive risk/reward despite near-term capital spend.
Jefferies Turns Positive on Enphase – Upgrades to Buy, $57 Target as 2026 Low Point Looms
Jefferies upgrades Enphase Energy to Buy with a $57 price target, citing stronger demand and margin outlook after a 2026 low point. Confidence grows in their key products and partnerships.
UBS Upgrades IBM to Neutral – AI Fears Largely Priced In, Mainframes Stay Sticky
UBS upgrades IBM from Sell to Neutral, keeps $236 price target. After a 22% drop, analysts see better risk/reward and limited AI threat to IBM's mainframe business.
HP Beats Q1 Expectations on AI PC Surge — But Memory Crisis and Tariffs Threaten the Rest of 2026
HP crushes Q1 with AI PC boom but flags memory chip crisis + tariffs. Q2 profit outlook misses estimates, full-year guidance leans low-end. Shares drop 7%.
Workday Beats Q4 Expectations But Cautious 2027 Outlook Sparks Stock Plunge
Workday forecasts $9.93B–$9.95B subscription revenue for 2027 (below $10B estimates) as companies slow tech buys. Shares fall 9% despite solid Q4 beat; Anthropic AI news sparks $830B sector selloff.