Tag: Oppenheimer
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Oversold Shares of First Solar Starting to Bounce Back
Keep an eye on First Solar (FSLR). After crumbling to $170.42, the solar stock appears to have caught strong support dating back to May. It’s also over-extended on RSI, MACD, and Williams’ %R. From its current price, we’d like to see it retest at $220 again shortly. Helping, analysts at BMO Capital recently upgraded the…
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Netflix Just Scored Another Upgrade
On Aug. 24, we noted, “Keep an eye on Netflix (NFLX). After finding double-bottom support at $400, the NFLX stock popped to $427.55. Now, if it can break above resistance at $440, it could potentially test $480 again. All thanks to its potential revenue surge from password crackdowns.” At the time, Oppenheimer analysts had an…
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Analysts Now Say NVDA Could See $800 a Share
Nvidia (NVDA) is bucking the downtrend at the moment. All after analysts at Rosenblatt hiked their price target on the tech giant to $800 from $600 a share. All thanks to the artificial intelligence boom, which shows no signs of slowing. “While early innings, we view NVDA as a high-conviction story thriving amid uncertainty given…
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Okta About to Refill its Bearish Gap
On March 2, we noted, “Keep an eye on Okta (OKTA). After Cowen analysts upgraded the stock to an outperform rating from market perform, with a $70 price target, the stock took off. Since the start of 2023, OKTA ran from about $60 to $81 so far. From here, we’d like to see it initially…
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Top Reasons to Buy and Hold PayPal Holdings
Oversold shares of PayPal Holdings (PYPL) are on the move. After catching double bottom support, the stock is just starting to push higher. Helping, CEO Daniel Schulman just doubled down on his PYPL. In fact, according to a US SEC filing, the CEO bought 26,065 shares of PYPL at $76.16 a share for about $395,351…