Previous close | 53.61 |
Open | 53.61 |
Bid | 103.40 |
Ask | 105.00 |
Strike | 195.00 |
Expiry date | 2025-01-17 |
Day's range | 53.61 - 53.61 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Morning Brief Hosts Seana Smith and Brad Smith break down some of Tuesday's trending tickers on the Yahoo Finance platform Mizuho Securities has initiated coverage of Dell Technologies (DELL), giving it an Outperform rating and a price target of $135, citing the growth of its generative AI. Shares of Mobileye Global (MBLY) are trading higher after being excluded from Intel's (INTC) updates about the chip company's "next phase of transformation." This comes after Bloomberg reported that Intel was considering options for its 88% stake in Mobileye. Finally, Bank of America has upgraded Hewlett Packard Enterprise (HPE) stock to a Buy rating and lifted its price target to $24 per share from $21, citing cost-cutting measures and its upcoming acquisition of Juniper Networks (JNPR). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Intel is turning its chip contract manufacturing business into an independent subsidiary, and Microsoft boosts its quarterly dividend and says it will begin a new $60 billion buyback program.
Dell Technologies stock was climbing on Tuesday after a Mizuho analyst initiated coverage of the shares with an Outperform rating and said the maker of PCs and other hardware has some unique advantages. Analyst Vijay Rakesh initiated coverage of Dell with an Outperform rating and a $135 price target, which implies a 17% increase from the stock’s closing price on Monday. Rakesh wrote in a research note on Tuesday that the global server market is projected to be $406 billion by 2027, driven primarily by artificial-intelligence server spending.