Latest news with #CitizensJMP
Globe and Mail
3 hours ago
- Business
- Globe and Mail
Guggenheim Remains a Buy on Roku (ROKU)
In a report released today, Michael Morris from Guggenheim reiterated a Buy rating on Roku (ROKU – Research Report), with a price target of $100.00. The company's shares opened today at $86.74. 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. Morris covers the Communication Services sector, focusing on stocks such as Spotify, Paramount Global Class B, and Meta Platforms. According to TipRanks, Morris has an average return of 16.0% and a 58.82% success rate on recommended stocks. In addition to Guggenheim, Roku also received a Buy from Citizens JMP's Matthew Condon in a report issued today. However, on June 18, Citi maintained a Hold rating on Roku (NASDAQ: ROKU). ROKU market cap is currently $12.75B and has a P/E ratio of -120.50.
Yahoo
11 hours ago
- Business
- Yahoo
Oracle (ORCL) Gets Bullish Ratings After Massive Cloud Agreements
Oracle Corporation (NYSE:) is one of the . On July 1, Citizens JMP analyst Patrick Walravens reiterated a "Market Outperform" rating on the stock with a $240.00 price target. The rating affirmation follows Oracle's recent Form 8-K filing, which has disclosed that Oracle had 'signed multiple large cloud services agreements, including one that is expected to contribute more than $30 billion in annual revenue starting in FY28.' The firm continues to remain confident in Oracle's growth trajectory, predominantly with newly signed cloud service agreements beginning to materialize in the coming fiscal years. A large array of computer screens and tech equipment representing the technology company's self-service cloud-based platform. A day prior, Barclays analyst Raimo Lenschow reiterated an 'Overweight' rating on the stock with a $221.00 price target. The rating affirmation followed expectations for the company shares to move higher in response to its 8K, its filing, which highlighted a strong start to FY26 and disclosed how Oracle has signed multiple large cloud services agreements. Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in the Spotlight and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Citizens JMP Maintains Market Outperform Rating on Blend Labs (BLND)
Blend Labs, Inc. (NYSE:BLND) is one of the 10 Best Tech Stocks To Buy Under $5. On May 28, Citizens JMP maintained its 'Market Outperform' rating for Blend Labs, Inc. (NYSE:BLND) with a price target of $7. This reiteration follows a series of investor meetings in the San Francisco Bay Area, where analysts had the chance to talk with Amir Jafari, the company's Head of Finance & Administration. These meetings helped investors understand Blend Labs, Inc.'s (NYSE:BLND) operations and financial plans better. A close-up of a person's hand signing a mortgage document. Blend Labs, Inc. (NYSE:BLND) has seen its stock price decline so far this year. However, Citizens JMP analysts see the current valuation as a good opportunity to stay positive about the company's future despite the downward trend. Blend Labs, Inc. (NYSE:BLND) offers digital banking solutions through its cloud origination platform for banks, credit unions, and mortgage lenders. While we acknowledge the potential of BLND as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None.
Yahoo
3 days ago
- Business
- Yahoo
Instacart Gains Momentum With AI and Social Media Partnerships, Says Citizens JMP
Maplebear Inc. (NASDAQ:CART) is one of the best consumer cyclical stocks to buy. On June 23, Citizens JMP maintained its price target of $55 on Maplebear Inc. (NASDAQ:CART) alongside a Market Outperform rating. Instacart's recent delivery service collaborations with YouTube, TikTok, and OpenAI were noted by the research firm as significant factors in its analysis. According to Citizens JMP, Maplebear Inc. (NASDAQ:CART) is establishing itself as the grocery supplier for 'next-generation consumer product discovery surfaces,' including social media and search engines driven by artificial intelligence. One of Instacart's key advantages, according to the firm, is its 'tendency to be a first mover' in the industry. With a reported 14% increase in IC+ membership growth year over year, Maplebear Inc. (NASDAQ:CART) has been performing well lately. Advertising revenue has been on the rise, and the company's $10 threshold for free delivery has been beneficial in generating further orders. Maplebear Inc. (NASDAQ:CART), also known as Instacart, provides a grocery delivery platform that is well-known throughout the United States, with over 600,000 drivers and a network of about 8 million monthly active customers. While we acknowledge the potential of CART as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Alphabet (GOOGL) Rides AI Overviews Wave--Analyst Forecasts Big Upside
June 27 - Alphabet (NASDAQ:GOOGL) got a rating tweak Friday, with Citizens JMP analyst Andrew Boone moving the stock to "Market Outperform" from "Market Perform" and setting a $220 price target, according to a Friday note to clients. Boone pointed to the rapid rollout of Google's AI Overviews feature, now live in more than 200 countries and offered in over 40 languages, as a key catalyst. The generative AI tool delivers concise summaries of search results, aiming to boost user engagement. In early tests, AI Overviews drove a 10% jump in search queries. Boone expects monthly active users to climb from about 1.5 billion in Q1 2025 to nearly 4 billion by Q3, covering roughly two-thirds of all searches. He argues this expansion should more than offset any share lost to competing chatbots. The analyst also noted Google's vast scale, over 5 billion active users versus OpenAI's 800 million weekly, gives it an edge in monetizing AI-driven search improvements. AI is growing search use faster than ChatGPT is taking share, Boone wrote. This article first appeared on GuruFocus.
