
New Sell Rating for Tech Mahindra Limited (TECHM), the Technology Giant
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Adukia is ranked #4248 out of 9663 analysts.
In addition to Goldman Sachs, Tech Mahindra Limited also received a Sell from Macquarie's Ravi Menon CFA in a report issued today. However, on July 2, J.P. Morgan maintained a Hold rating on Tech Mahindra Limited (NSE: TECHM).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
It's Déjà Vu for Option Traders as Markets Calm Into Tariffs Day
(Bloomberg) -- In the days leading up to President Donald Trump's July 9 tariffs deadline, equity investors having flashbacks of Liberation Day showed little concern. Foreign Buyers Swoop on Cape Town Homes, Pricing Out Locals Trump's Gilded Design Style May Be Gaudy. But Don't Call it 'Rococo.' Massachusetts to Follow NYC in Making Landlords Pay Broker Fees NYC Commutes Resume After Midtown Bus Terminal Crash Chaos What Gothenburg Got Out of Congestion Pricing The MSCI All-Country World Index reached a peak last week, while gauges of volatility expectations from the US to Europe and Hong Kong have more than halved from their highs in April. Meanwhile, hedge funds' net buying of US financial shares climbed to the highest levels in nearly a decade, data compiled by Goldman Sachs Group Inc.'s prime brokerage showed. Rather than covering shorts as they did in recent months, large speculators appeared to be chasing the rally, Michalis Onisiforou, a strategist at Banco Bilbao Vizcaya Argentaria SA, wrote in a note last week. 'Lingering pessimism has left a lot of market participants in the dust,' Onisiforou said. Also read: Trump Tariff Date Arrives After 90-Day Rollercoaster Since Trump's Liberation Day sent markets for a tailspin in April, stocks have weathered events including the conflict in the Middle East and continued tariffs uncertainty, making investors more confident in their ability to recover fast. A recent tech rally and stronger-than-forecast US employment growth pushed the S&P 500 Index to a fresh peak on Thursday, while shares in Asia and Europe Friday held on, even after Trump said his administration would start notifying countries of tariffs up to 70%. Several strategists noted last week that the options market was complacent. Benedicte Lowe of BNP Paribas Markets 360 said in a message that traders were pricing in a move of little more than 1% for the Euro Stoxx 50 Index on the July 9 tariff deadline and that long gamma trades — when investors buy short-dated contracts while actively adjusting their underlying position to profit from market swings — have become more attractive following a steepening of the volatility curve. Back in April, similar gamma trades led to big profits following Liberation Day as implied and realized volatility surged. Bank of America Corp. strategists, who recommended at the time to own 'cheap gamma' on Germany's DAX Index, favor the same positioning on the Euro Stoxx 50 now. Separately, Lowe noted her firm's derivatives-strategy team doesn't expect similar results the second time around. Also read: Options Traders Wrestle With Stocks' Muted Reaction to War Risk While some suggest cross-market volatility strategies given the wild market swings with Trump's administration, trading in such spreads has dwindled in recent years due to a decline in the structured product flows that used to drive a big portion of the volume. With the tariffs narrative constantly changing, trying to navigate the impact on cross-market volatility has also become increasingly difficult. --With assistance from Bernard Goyder and Natalia Kniazhevich. For Brazil's Criminals, Coffee Beans Are the Target SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too Sperm Freezing Is a New Hot Market for Startups Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate China's Homegrown Jewelry Superstar ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


CNBC
4 hours ago
- CNBC
Top Wall Street analysts are pounding the table on these 3 stocks
President Donald Trump's announcement of a U.S.-Vietnam trade deal and a solid June jobs report lifted stocks last week, but investors can still find plenty of opportunities to snap up names at attractive levels. The recommendations of top Wall Street analysts can help inform investors as they search for the stocks of companies with strong fundamentals and solid growth opportunities. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. This week's first stock pick is Dell Technologies (DELL), a provider of IT hardware, software, and services. Following meetings with management, Evercore analyst Amit Daryanani reiterated a buy rating on Dell with a price target of $150. Meanwhile, TipRanks' AI analyst has an "outperform" rating on DELL with a price target of $128. Notably, Daryanani stated that he came away from the meetings incrementally positive about Dell's ability to deliver high-single-digit revenue growth and a double-digit increase in earnings per share (EPS) and free cash flow (FCF). His optimism is backed by the initiatives taken by the company over the past two years to optimize its cost structure and tailwinds from key AI (artificial intelligence) investments. Among the key takeaways from the meetings, the analyst highlighted that the AI server margins are turning out to be better than initially expected, with Dell earning a premium compared to rivals while delivering impressive growth. He also pointed out the company's innovations in its infrastructure offerings, with its internal liquid cooling capabilities becoming a more vital part of its strategy. Daryanani added that Dell expects to benefit from acceleration in enterprise AI adoption over the next five to seven years. In fact, the company believes that higher-margin enterprise customers could account for the vast majority of AI server sales over time. Daryanani also noted Dell's confidence about navigating tariff woes, given that it "believes its diversified and global footprint is an advantage over its competitors." Daryanani ranks No. 187 among more than 9,600 analysts tracked by TipRanks. His ratings have been profitable 63% of the time, delivering an average return of 14.8%. See Dell Technologies Stock News and Insights on TipRanks. We move to Trade Desk (TTD), a cloud-based advertising platform that providers advertisers with cutting-edge technology to find new audiences and grow their brands. Recently, Evercore analyst Mark Mahaney upgraded Trade Desk stock to Buy from Hold with a price forecast of $90. Interestingly, TipRanks' AI analyst has an "outperform" rating on TTD stock, but with a lower price target of $83. Mahaney views the pullback in TTD stock as an attractive buying opportunity "to get involved again in what has proved over time to be one of the highest quality and most consistent performers across the Internet landscape." Explaining his bullish stance, Mahaney stated that recent checks have indicated that online ad demand sentiment has clearly improved since April/May, though uncertainty about the second half of the year remains significant. He added that the checks reflect a clear improvement in Trade Desk's execution. Also, solid product announcements, like that of Deal Desk, helped address some concerns about the transition from the company's legacy platform Solimar to the AI-powered Kokai platform. Mahaney mentioned that checks indicated a clear improvement in the company's execution, both on product and go-to-market strategy. While the analyst acknowledged increasing competition from Amazon's demand-side platform (DSP), he highlighted that Google's DV360 and not Trade Desk is more likely to be impacted due to its overlap with the areas where AMZN is strong. Finally, Mahaney thinks that Trade Desk's set-ups for the remainder of fiscal 2025 look quite achievable, with his billings analysis suggesting that the company is very likely to exit 2025 at premium growth levels (excluding political spend). He sees significant catalysts for 2026 such as the World Cup, the Winter Olympics and the full-year Kokai impact. Mahaney ranks No. 214 among more than 9,600 analysts tracked by TipRanks. His ratings have been successful 60% of the time, delivering an average return of 16.0%. See Trade Desk Ownership Structure on TipRanks. This week's third pick is e-commerce and cloud computing giant Amazon (AMZN). In a research note dated July 1, Jefferies analyst Brent Thill reaffirmed a buy rating and increased the Amazon stock price forecast to $255 from $250. Meanwhile, TipRanks' AI analyst has assigned an "outperform" rating on AMZN stock with a price target of $233. Thill raised his price target after Jefferies' proprietary survey of nearly 700 U.S. consumers in mid-/late June indicated that Amazon "remains resilient despite price increases related to tariffs, with stable spend levels and upside if pricing on other websites becomes more expensive." The analyst noted that although 80% of the respondents are concerned about prices, the survey reflected a stable spending pattern by most Amazon shoppers (62% spent the same or more in the past three months). However, the survey noted some cost-conscious behavior, as 31% spent less in the past three months. Thill highlighted that the survey also reflected that Amazon Prime remains the most popular membership and a major loyalty driver for the company. Notably, 73% of respondents reported having a Prime membership, compared to 26% for rival Walmart. He also noted Amazon's superior positioning on fast and free shipping, selection, and low prices. The analyst said that given the heightened focus on prices, Amazon's Prime Day event could turn out to be more popular and impactful by running for four days instead of two (from July 8 to July 11 vs. July 16 to July 17 in 2024) across 20 countries. He expects the event to result in incremental Prime memberships, particularly among students and young adults ages 18 to 24 via six-month extended free trials. Thill ranks No. 109 among more than 9,600 analysts tracked by TipRanks. His ratings have been successful 67% of the time, delivering an average return of 15.2%. See Amazon Insider Trading Activity on TipRanks.
Yahoo
12 hours ago
- Yahoo
AeroVironment, Inc. (AVAV) Is Part Of An 'Idea-Driven' Market, Says Jim Cramer
We recently published . AeroVironment, Inc. (NASDAQ:AVAV) is one of the stocks Jim Cramer recently discussed. AeroVironment, Inc. (NASDAQ:AVAV) is an American defense contractor whose shares have had a great second quarter. The stock has gained 57% year-to-date, primarily on the back of a strong earnings report that saw the firm's $1.61 in EPS and $275 million in revenue beat analyst estimates of $1.39 and $242 million. However, the shares have experienced fluctuation and dipped by 11.4% after management decided to take advantage of the share price performance to reduce its debt and issue equity. Cramer has been discussing AeroVironment, Inc. (NASDAQ:AVAV) quite frequently these past couple of weeks. The CNBC host believes that he has helped the firm's shares rise from $180 to $290 in an idea-driven market: 'We are in an idea-driven market and in an idea-driven market I go out with AeroVironment at 190 and then it goes to 290 because I mentioned it in the Mad Dash and then they're able to do a financing.' A rocket on its way to the sky, representing the power of the company's unmanned aircraft systems. His previous remarks about AeroVironment, Inc. (NASDAQ:AVAV) mentioned Goldman Sachs: 'Last week on Stop Trading, I said people should buy AeroVironment, I had them on. . .and AeroVironment was at 180, and now AeroVironent's at 295. While we acknowledge the potential of AVAV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data