Citi Downgrades Adobe to Sell as AI Competition and Growth Risks Mount
Citi cuts Adobe to Sell with a $207 target, citing AI competition, open-source clones, and near-term growth pressure from strategic changes.
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UBS Upgrades Rivian to Buy, Calls 19% Sell-Off a Buying Opportunity Ahead of R2 Ramp
UBS upgrades Rivian to Buy from Neutral with a $17 price target, citing valuation and a buying opportunity ahead of the R2 production ramp.
Deutsche Bank Upgrades CrowdStrike to Buy on AI Cybersecurity ‘Tsunami’
Deutsche Bank upgrades CrowdStrike to Buy and raises its price target to $300, citing underappreciated AI-driven cybersecurity demand.
Coinbase Downgraded by Morgan Stanley as Earnings Recovery Looks Weaker Than Expected
Morgan Stanley downgraded Coinbase to Underweight and cut its price target to $120 from $258, citing weaker trading trends, softer revenue outlook, and Binance hack uncertainty.
CoreWeave Adds European Capacity and Petabit-Scale Network as Oppenheimer Defends $150 Target
CoreWeave expands its AI cloud with new Danish capacity and a petabit-scale global network as Oppenheimer defends its outlook.
Broadcom Upgraded to Buy as Banks and Blackstone Line Up $63 Billion for Anthropic AI Chips
D.A. Davidson lifts Broadcom to Buy, citing Anthropic’s IPO path and the $63 billion financing package that will fund its next wave of AI chips.