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Cisco Nears 52-Week Peak Ahead of Earnings, JPMorgan Lifts Target
Cisco Systems shares advanced 2.2% to $86.66, approaching a 52-week high. JPMorgan raised its price target to $95 ahead of the company's quarterly report on Wednesday.
Analog Devices Gains as UBS Lifts Target to $400 Ahead of Key Earnings
Analog Devices (ADI) shares advanced after UBS raised its price target to $400, citing strong data center and aerospace demand. Investor focus now shifts to the company's fiscal Q1 report due February 18.
Qualcomm Gains on 2nm Chip Milestone Amid Memory Supply Concerns
Qualcomm shares advanced 0.9% after announcing a key 2-nanometer chip design achievement from its India engineering centers, partially recovering from last week's decline. The company continues to face headwinds from memory chip shortages impacting smartphone production.
KLA Shares Hold Steady Near $1,440 Amid Chip Sector Recovery, Dividend Date Approaches
KLA Corp shares were nearly flat, trailing broader chip stock gains, as investors await key U.S. economic data. The company declared a $1.90 quarterly dividend payable in early March.
Costco Shares Retreat Amid Economic Data Watch, Bernstein Boosts Target
Costco stock declined in midday trading as investors awaited key U.S. economic reports, while Bernstein raised its price target on the retailer.
Goldman Sachs Gains on Optimistic 2026 IPO Market Forecast
Goldman Sachs shares rose 1.6% Monday, outperforming the financial sector after the bank projected a potential $160 billion U.S. IPO market rebound this year.
Spotify Shares Dip Ahead of Q4 Report as KeyBanc Trims Target
Spotify shares declined 0.7% to $419.53 after KeyBanc reduced its price target to $720, citing currency pressures. Investors are cautious before Tuesday's quarterly earnings release.
Texas Instruments Stock Dips Amid Governance Shift and Acquisition Scrutiny
Texas Instruments shares edged lower after the company amended its bylaws to direct shareholder litigation to specific courts, while investors assess its $7.5 billion Silicon Labs acquisition and reduced capital spending outlook.
Roblox Jumps on Roth MKM Upgrade, Eyes CPI Data
Roblox shares climbed approximately 10% Monday after Roth MKM upgraded the stock to 'buy' and lifted its price target to $84, extending a rally fueled by a strong long-term bookings outlook.