Wall Street Upgrades Nvidia, Crowdstrike, Apollo Global: Retail Investors Are Mixed
Retail investors are bullish on Crowdstrike and Apollo Global but bearish on Nvidia due to valuation concerns and delays in its Blackwell AI chips.
Key Points:
1. Nvidia ( $NVDA.US$ ):
- Wall Street: New Street upgraded Nvidia to ‘Buy’ from ‘Neutral’ with a $120 price target, citing a 26% pullback as a buying opportunity.
- Retail Sentiment: Bearish (40/100) due to delays in Blackwell AI chips and high valuation concerns.
Key Points:
1. Nvidia ( $NVDA.US$ ):
- Wall Street: New Street upgraded Nvidia to ‘Buy’ from ‘Neutral’ with a $120 price target, citing a 26% pullback as a buying opportunity.
- Retail Sentiment: Bearish (40/100) due to delays in Blackwell AI chips and high valuation concerns.
2. Crowdstrike ( $CRWD.US$ ):
- Wall Street: Piper Sandler upgraded Crowdstrike to ‘Overweight’ from ‘Neutral’ with a reduced price target of $290 from $310, despite recent outage concerns.
- Retail Sentiment: Bullish (60/100), shrugging off legal threats from Delta and buoyed by the upgrade.
- Wall Street: Piper Sandler upgraded Crowdstrike to ‘Overweight’ from ‘Neutral’ with a reduced price target of $290 from $310, despite recent outage concerns.
- Retail Sentiment: Bullish (60/100), shrugging off legal threats from Delta and buoyed by the upgrade.
3. Apollo Global ( $APO.US$ ):
- Wall Street: Bank of America upgraded Apollo Global to ‘Buy’ from ‘Neutral’, trimming the price target to $123 from $124, and highlighted catalysts like the October 2 investor day and potential S&P 500 addition.
- Retail Sentiment: Extremely Bullish (77/100) after positive earnings and an increase in assets under management to $696 billion from $671 billion in Q1.
- Wall Street: Bank of America upgraded Apollo Global to ‘Buy’ from ‘Neutral’, trimming the price target to $123 from $124, and highlighted catalysts like the October 2 investor day and potential S&P 500 addition.
- Retail Sentiment: Extremely Bullish (77/100) after positive earnings and an increase in assets under management to $696 billion from $671 billion in Q1.
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