WS #16089
JPMorgan upgraded Intel to Neutral with an $85 price target, citing improved execution under CEO Tan and AI workload potential, though CPU share losses remain a concern. Apple was reiterated as Overweight with a $360 target, driven by resilient iPhone 18 demand. Datadog was upgraded to Outperform by Bernstein with a $350 target, reflecting strong cloud software adoption. These upgrades provide specific stock-level support amidst broader tech volatility.
Tech Earnings and Analyst Upgrades
JPMorgan upgraded Intel to Neutral with an $85 price target, citing improved execution under CEO Tan and AI workload potential, though CPU share losses remain a concern. Apple was reiterated as Overweight with a $360 target, driven by resilient iPhone 18 demand. Datadog was upgraded to Outperform by Bernstein with a $350 target, reflecting strong cloud software adoption. These upgrades provide specific stock-level support amidst broader tech volatility.