Lumentum overweight at Barclays on hyperscaler demand
Investing.com — Barclays upgraded Lumentum Holdings Inc (NASDAQ:LITE) to “Overweight” from “Underweight,” setting a price target of $125, given significant growth potential driven by surging demand from hyperscale customers. The brokerage highlighted a sharp increase in port counts and a
Apple stock added to Evercore’s Tactical Outperform List ahead of earnings
Investing.com — Evercore ISI added Apple Inc (NASDAQ:AAPL) stock to its Tactical Outperform List, highlighting the company’s potential to deliver a quarter in line with expectations, bolstered by growth in emerging markets and strong performances in its Services and Wearables
Cisco expected to benefit from improving campus switching market, Citi says
Investing.com – Cisco Systems (NASDAQ:CSCO) is expected to benefit from improving dynamics in the market for hardware deployed on campuses to connect end-user devices, according to analysts at Citi. In a note to clients on Friday adding the stock to its upside
Apple pauses AI news summaries due to accuracy concerns
Investing.com — Apple (NASDAQ:AAPL) has temporarily halted using artificial intelligence news summaries for its news apps. This move comes in the wake of recent issues with the accuracy of its AI technology. The decision to suspend AI summaries was made several
UBS upgrades Azelis to ‘buy,’ citing recovery and attractive valuation
Investing.com — UBS Global Research has upgraded Azelis Group (EBR:AZE) to a “buy” rating from its previous “neutral” stance. Shares of the Belgium-based company were up 3.8% at 08:12 ET (13:12 GMT). UBS believes profit pressures have peaked, making the