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The Latest Breaking News from Piper Sandler

10 Biggest Price Target Changes For Thursday

Piper Sandler cut Advanced Micro Devices, Inc. (NASDAQ: AMD) price target from $140 to $130. AMD shares fell 1.3% to $126.55 in pre-market trading.

Tech Leads Rebound, China Cuts Rates, Netflix, United Airlines and AMD - 5 Things You Must Know

Tech Leads Rebound, China Cuts Rates, Netflix, United Airlines and AMD - 5 Things You Must Know

Stocks futures bounce after tech falls into correction territory; China makes its second rate cut of the week as the PBOC is urged to 'hurry up' and support growth; United Airlines posts a narrower Q4 loss, but says Omicron will delay its near-term recovery; Netflix posts after-the-bell earnings with subscriber…

Here's Why Piper Sandler Downgraded AMD, Slashed Price Target By 7%

Here's Why Piper Sandler Downgraded AMD, Slashed Price Target By 7%

Piper Sandler analyst Harsh Kumar downgraded Advanced Micro Devices Inc (NASDAQ:AMD) to Neutral from Overweight with a price target of $130, down from $140. The analyst is cautious on the broader automotive sector, saying the pace of orders and strong pricing "may come into question" as supply normalizes in the second half of 2022. The…

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Following Quarterly Results, Analyst Explains How Rate Hikes Could Impact Interactive Brokers In 2022

Interactive Brokers Group Inc (NASDAQ: IBKR) announced quarterly results that were in line with or slightly below consensus estimates, but the company's results beat the forecasts from Piper Sandler.

Here's Why Piper Sandler Sees 34% Upside In This Streaming Giant

Piper Sandler analyst Thomas Champion reiterated an Overweight rating on Netflix Inc (NASDAQ:NFLX) with a $705 price target, implying an upside of 34.1%. Champion's rating comes ahead of the company's Q4 results on Thursday. The analyst remains constructive on the shares long-term, citing the structural opportunity in streaming video. The stock is down 10% in…

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