All articles tagged with #da davidson
Originally Published 7 months ago — by Yahoo Finance
DA Davidson is hesitant to endorse Salesforce's proposed acquisition of Informatica, indicating uncertainty or concerns about the deal.
Originally Published 1 year ago — by The Motley Fool
Nvidia's stock took a hit after an analyst report from D.A. Davidson suggested that the company's dominance in AI-related hardware sales could be coming to an end as big tech companies shift spending to in-house production. The report predicts a significant cyclical downturn for Nvidia by 2026, with a price target of $620 per share, representing a nearly 30% decline from Monday's closing price. However, Nvidia's revenue potential from other segments, such as autonomous driving technologies, could offset this. Despite the stock's recent decline, the analyst has maintained a "hold" rating on the shares, suggesting a potential opportunity for long-term investors.
Originally Published 1 year ago — by Yahoo Finance
Nvidia's stock dropped nearly 5% after an analyst report from D.A. Davidson suggested a potential downturn in the company's AI chip sales, leading to a predicted 30% decline in share price. The report highlighted the possibility of major tech companies shifting spending to in-house AI-related hardware production, impacting Nvidia's dominance in the market. Despite the stock's rapid growth, long-term investors are advised to consider the broader context and potential opportunities, while also noting Nvidia's revenue potential in other segments such as autonomous driving technologies.