Mizuho cut the price target on Splunk Inc. (NASDAQ: SPLK) from $110 to $100. Mizuho analyst Gregg Moskowitz maintained the stock with a Neutral rating. Splunk shares rose 2.6% to trade at $86.25 on Tuesday.
Needham analyst Charles Shi attended the Samsung Electronics Co., Ltd. (OTC: SSNLF) Samsung Foundry Forum in the U.S. on October 3 and came away with a more balanced view of the two foundry leaders.
Mizuho analyst James Lee expects the recovery curve in 2H22 to slow for China Internet, given the rising COVID cases and mobility restrictions impacting consumer sentiment and business activities.
The headwind would reflect across all internet segments, including e-commerce, advertising, and cloud computing.
The collapse of FTX has widespread ramifications for the crypto industry, and Goldman Sachs Group Inc (NYSE: GS) analysts say lower crypto prices and the potential for red