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TechStock Radar
E-mail: Rob@techstockprospector.com
Technorati
October 2019
Archives
 
Thursday, October 10, 2019, 4:33 PM — by Rob DeFrancesco, TechStock Radar
Needham Remains Positive on Uber

Needham trims its Uber (UBER, $28.87) price target by $2 to $50, but maintains its ‘Buy’ rating, saying the bear case is getting thin with the valuation already attractive. The firm believes Uber is heading toward bookings re-acceleration in 2020.

 
Wednesday, October 2, 2019, 4:51 PM — by Rob DeFrancesco, TechStock Radar
SunTrust Favors NVIDIA Over Xilinx

SunTrust prefers market leader NVIDIA (NVDA, $173.04) over Xilinx (XLNX, $92.45) in the compute arena for server acceleration. The firm trims its Xilinx price target to $105 from $127, saying it prefers a more opportune entry point during this “downturn part” of the cycle. SunTrust still believes Xilinx is well positioned to deliver high returns and profitable growth over time.

   
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