Wall Street Analysts Upgrade AMD, Downgrade Micron, and More

AMD was upgraded to Outperform by Wolfe Research, as reported in Wolfe Research Boosts GE Aerospace with a $300 price target. DoorDash was upgraded to Overweight by JPMorgan, according to JPMorgan Boosts DoorDash with a $325 price target. Monolithic Power upgraded to Outperform by Wolfe Research with a $1,200 price target. T-Mobile upgraded to Outperform by RBC Capital with a $270 price target. HP Inc. upgraded to Buy by HSBC with a $30 price target. Micron downgraded to Neutral by New Street with a $190 price target. Salesforce downgraded to Market Perform by Northland with a $264 price target. CyberArk downgraded to Equal Weight by Barclays with a $520 price target. Nutrien downgraded to Neutral by BofA with a $67 price target.

Analyst upgrades and price target adjustments have been significant in the financial markets, signaling shifts in investor sentiment and expectations. Several notable companies have seen their stock ratings and price targets revised by prominent research firms.

Wolfe Research upgraded AMD to "Outperform" with a new price target of $300, indicating a potential upside of 12.93% from the current price. This upgrade comes after strong earnings reports and positive market trends. Monolithic Power Systems was also upgraded to "Outperform" by Wolfe Research, with a price target of $1,200, reflecting a potential 23.27% increase from the current price.

JPMorgan upgraded DoorDash to "Overweight" with a price target of $325, a significant increase from the previous target of $175. This upgrade is driven by DoorDash's strategic expansion into Western Europe and the Middle East, as well as strong financial metrics and improving efficiency.

RBC Capital upgraded T-Mobile to "Outperform" with a price target of $270, reflecting a potential 16.28% increase from the current price. This upgrade is likely due to the company's robust financial performance and strong market position in the telecommunications sector.

HSBC upgraded HP Inc. to "Buy" with a price target of $30, indicating a potential 24.34% increase from the current price. This upgrade is likely due to the company's strong earnings reports and positive market trends in the printing and technology sectors.

Northland Securities downgraded Salesforce to "Market Perform" with a price target of $264, a decrease from the previous target of $300. This downgrade is likely due to concerns about the company's growth prospects and competitive landscape.

Barclays downgraded CyberArk to "Equal Weight" with a price target of $520, a decrease from the previous target of $575. This downgrade is likely due to concerns about the company's valuation and growth prospects.

Bank of America downgraded Nutrien to "Neutral" with a price target of $67, a decrease from the previous target of $80. This downgrade is likely due to concerns about the company's earnings and market position in the agricultural sector.

These upgrades and downgrades reflect the evolving views of analysts and investors on these companies' prospects. Investors should carefully consider these changes and conduct their own research before making investment decisions.