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09:02
JPMorgan lowers Snowflake target price to $245
Glonghui, February 27th|JPMorgan has lowered Snowflake's target price from $268 to $245, while maintaining an "Overweight" rating. (Glonghui)
08:59
Research Report Insights | CICC: Raises Nvidia Target Price to $240.6, Company’s Computing Power Expansion Trend is Clear
Glonghui, February 27|CICC released a report stating that Nvidia's Q4 FY2026 results and Q1 guidance both exceeded the bank's and market expectations. The bank believes the main reason behind this is the strong shipment of cabinet products driven by the surge in inference demand brought by Agent. As the demand from Agent and others continues to stimulate cloud vendors to invest in computing power infrastructure, and the company's leading position remains unchanged amid rapid hardware iteration, the bank raises its FY2027 revenue forecast by 1% to $345.9 billions, and its Non-GAAP net profit forecast by 3% to $196.6 billions. The bank introduces for the first time a FY2028 revenue forecast of $438.1 billions and a Non-GAAP net profit forecast of $255 billions. The bank maintains its "outperform industry" rating on Nvidia and raises its target price by 6% to $240.6, believing the company's trend of computing power expansion is clear.
08:55
Truist lowers Salesforce target price to $280
Glonghui, February 27th|Truist Securities has lowered Salesforce's target price from $380 to $280, while maintaining a "Buy" rating.
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