Latest news with #TD Cowen
Yahoo
a day ago
- Business
- Yahoo
Ditch ‘Basic' Nvidia and Buy This ‘Unique' Chip Stock Instead
Nvidia (NVDA) has long stolen the show, but some on Wall Street are convinced there's a supporting character worthy of more attention. That role is played by none other than Texas Instruments (TXN), a chip stock analysts are now dubbing 'unique.' More News from Barchart OpenAI CEO Sam Altman Calls DeepSeek's Bluff: 'I Don't Think They Figured Out Something Way More Efficient' Vanguard Is Now the Top Investor in MicroStrategy Stock. Should You Buy MSTR Too? The Saturday Spread: Using Science to Pinpoint Empirically Enticing Trades in WMT, OKTA and RCAT Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Shares of the semiconductor and electronics manufacturer have rebounded more than 50% from their April lows following President Donald Trump's tariff announcement. In fact, shares are just over 2% off new all-time highs. According to analysts at TD Cowen, TXN stock is worth a closer look here. Their $245 price target implies 13.5% upside from here. Big Analyst Upgrade Texas Instruments' core business, which relies on sales of analog and embedded devices, has continued to see growth, with analysts at TD Cowen projecting the company can generate around $7 per share in free cash flow amid a murky tariff outlook. This forecast is driven in part by the company's solid U.S. footprint, which should offset many of the trade worries that initially drove shares of the analog chip maker to new lows in April. Is the Valuation Too Rich? In this analyst note, the TD Cowen team did note that Texas Instruments' valuation is rich. The stock trades at a forward price-earnings ratio of nearly 40x, and a price-sales ratio of 12.6x. This puts it significantly above sector medians for both metrics. But if the company can produce $7 per share in free cash flow, a $245 price target does imply a free cash flow yield of just under 3%, which is reasonable for a company of this quality and scale. I'm of the view that the real catalyst that could take TXN stock higher in the medium term is the company's overall profit margin and its return on equity, so I am not sweating its valuation as much here. What Other Analysts Say About TXN Stock Overall, Texas Instruments does appear to be fairly valued here, at least based on what the analyst community thinks. The current consensus analyst price target for TXN stock sits at $197.44 per share, implying investors could have roughly 9% downside from here. But TD Cowen analysts aren't even the most bullish on Texas Instruments here. This is a stock that has received price targets as high as $260 per share, implying more than 20% upside potential, and it's that analysts could soon raise their lower price targets based on the stock's recent performance. Given the lagging nature of many analyst upgrades, more recent notes tend to get more attention in the investment community. There's good reason for this, and the TD Cowen analysts noted above do make good points about this company's fundamentals and its free cash flow growth potential. In my view, this recent analyst upgrade seems reasonable, but this is a stock I'm going to happily watch from the sidelines for now. On the date of publication, Chris MacDonald did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
Yahoo
2 days ago
- Business
- Yahoo
TD Cowen Downgrades Fortive Corporation (FTV) Stock
Fortive Corporation (NYSE:FTV) is one of the TD Cowen downgraded the company's stock to 'Hold' from 'Buy' with a price objective of $50, down from the prior target of $85, as reported by The Fly. Following the spinoff of Ralliant, the thesis on the new Fortive becomes less clear, noted the firm's analyst. The firm mentioned the concerns related to the company's growth trajectory, highlighting that Fortive Corporation (NYSE:FTV)'s strongest business unit has been decelerating post a period of strong performance, with other segments struggling to cater to the expectations and lagging behind competitors. A technician checking a calibration tool in a laboratory environment. As per Fortive Corporation (NYSE:FTV)'s top management, the new Fortive emerges with a robust financial track record with strong FCF generation, ~50% recurring revenue, significant competitive advantages, and a strategic orientation towards attractive markets with healthy secular tailwinds. The renewed emphasis towards accelerating profitable growth via Fortive Business System, together with a new shareholder returns-focused capital allocation strategy, provides the company confidence in delivering strong returns. While we acknowledge the potential of FTV 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: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
Netflix price target raised to $1,495 from $1,450 at UBS
UBS analyst John Hodulik raised the firm's price target on Netflix (NFLX) to $1,495 from $1,450 and keeps a Buy rating on the shares following the Q2 results and raised full year guidance. UBS expects new content and investments in live programming to support engagement growth going forward, the analyst tells investors in a research note. Elevate Your Investing Strategy: 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. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on NFLX: Disclaimer & DisclosureReport an Issue Netflix price target raised to $1,300 from $1,230 at JPMorgan Netflix price target raised to $1,450 from $1,440 at TD Cowen Strong Financial Performance and Strategic Advancements Drive Buy Rating for Netflix Netflix price target raised to $1,515 from $1,514 at Rosenblatt Options Volatility and Implied Earnings Moves Today, July 18, 2025 Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
TD Cowen Downgrades Fortive Corporation (FTV) Stock
Fortive Corporation (NYSE:FTV) is one of the TD Cowen downgraded the company's stock to 'Hold' from 'Buy' with a price objective of $50, down from the prior target of $85, as reported by The Fly. Following the spinoff of Ralliant, the thesis on the new Fortive becomes less clear, noted the firm's analyst. The firm mentioned the concerns related to the company's growth trajectory, highlighting that Fortive Corporation (NYSE:FTV)'s strongest business unit has been decelerating post a period of strong performance, with other segments struggling to cater to the expectations and lagging behind competitors. A technician checking a calibration tool in a laboratory environment. As per Fortive Corporation (NYSE:FTV)'s top management, the new Fortive emerges with a robust financial track record with strong FCF generation, ~50% recurring revenue, significant competitive advantages, and a strategic orientation towards attractive markets with healthy secular tailwinds. The renewed emphasis towards accelerating profitable growth via Fortive Business System, together with a new shareholder returns-focused capital allocation strategy, provides the company confidence in delivering strong returns. While we acknowledge the potential of FTV 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: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Alphabet Inc. (GOOG) Offers Steep Cloud Discounts to U.S. Federal Agencies; 71% Business Apps Deal Could Save Government $2 Billion
With strong hedge fund backing and a positive analyst outlook, Alphabet Inc. (NASDAQ:GOOG) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now. Google is set to expand its competitive position in the public sector. Reported on July 11, 2025, Alphabet Inc. (NASDAQ:GOOG) will run attractive discounts on its cloud computing services for the U.S. government, which align with broader federal cost-savings initiatives. Previously, in April 2025, a 71% discount on business apps was agreed upon for offering by Alphabet Inc. (NASDAQ:GOOG), which would generate up to $2 billion in cost savings if it reaches government-wide adoption. Google Although Alphabet Inc. (NASDAQ:GOOG) suffered an $8.9 million loss in antitrust fines from Turkish regulators on July 10, 2025, analysts are optimistic about the company's stock heading into Q2 2025 earnings. TD Cowen maintained its 'Buy' rating with a price target of $195, as disclosed on July 9, 2025. The analyst cited the strong competitive position of the company's Google Search, along with the expectation that its direct response advertising segment will perform strongly through 2025 in a resilient U.S. consumer market. While we acknowledge the potential of GOOG 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: Billionaire Kerr Neilson's 10 Stock Picks with Huge Upside Potential and Growth Stock Portfolio: 12 Companies with At Least 30% Annual Growth Rates. Disclosure: None. Sign in to access your portfolio
