Bernstein analysts maintain an outperform rating on Nvidia due to significant opportunities in the data center sector ahead of upcoming earnings. Goldman Sachs upgraded Peloton to a buy rating, reflecting optimism about the company's turnaround and new management strategies. Bank of America enhanced LegalZoom's stock rating to buy with a $12 target, citing beneficial AI collaborations. Mizuho Securities suggested the recent drop in Nvidia stock represents a buying opportunity, reinforcing the positive outlook from multiple firms.
Analysts at Bernstein reiterated an outperform rating on Nvidia as it heads into earnings, citing the company's data center opportunity as a key driver.
Bank of America upgraded LegalZoom to a buy rating with a price target of $12, emphasizing strategic AI collaborations that enhance legal services.
Goldman Sachs raised its Peloton price target to $11.50, highlighting new management and initiatives aimed at platform growth as reasons for upgrading the stock.
Mizuho Securities indicated that the recent dip in Nvidia’s stock following earnings from competitors is seen as a buying opportunity.
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