US Top Rating Updates on 9/8: NVDA, INTC, AMD, ROKU and More

Pivotal Research analyst Jeffrey Wlodarczak upgraded $Roku Inc (ROKU.US)$ to Hold from Sell with an unchanged price target of $60. The shares have reached a properly balanced risk/reward level and profits should be taken on short positions, Wlodarczak tells investors in a research note. Recent "encouraging" news on inflation makes a "soft landing" more realistic, says the analyst.

Goldman Sachs analyst Brian Lee upgraded $First Solar (FSLR.US)$ to Buy from Sell with a price target of $172, up from $60, as part of a broader research note on Solar names. The analyst states that the company is best-levered in his coverage to the tailwinds of the Inflation Reduction Act as the most immediate beneficiary of manufacturing credits.

Stifel analyst Ruben Roy initiated coverage of $NVIDIA (NVDA.US)$ with a Hold rating and $165 price target. Visibility into Nvidia's gaming segment bottom is unclear, said Roy, who adds that he would look to become more positive as the timing and magnitude of the current inventory digestion phase becomes clearer.