Baird

Shares of First Solar Inc (NASDAQ: FSLR) have soared over 25% this week after investors learned the company’s earnings were boosted by tax credits and other incentives from the Inflation Reduction Act President Joe Biden signed last August. By The Numbers: First Solar reported fourth-quarter...

Shares of Advanced Micro Devices, Inc (NASDAQ: AMD) gained after the company released its fourth-quarter results and several analysts raised their price targets for the stock. Credit Suisse on Advanced Micro Devices Analyst Chris Caso reiterated an Outperform rating, while raising the price target...

After locking in the worst performance of any stock under Baird's coverage umbrella in 2022, Block Inc (NYSE: SQ) could be positioned to outperform in 2023.  What Happened: Baird on Tuesday upgraded Block from Neutral to Outperform and raised the price target...

Adobe Inc (NASDAQ: ADBE) reported fourth-quarter revenues that were in-line with the consensus estimate, while delivering an earnings beat. Here's what the Street has to say Friday.  Piper Sandler On Adobe Analyst Brent Bracelin maintained an Overweight rating while raising the...

Key cycle indicators are shifting and channel checks now show that Advanced Micro Devices Inc (NASDAQ: AMD) is positioned to take share in 2023, according to a pair of analyst firms that upgraded the semiconductor stock. What Happened: UBS on Monday upgraded AMD...

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused...

With Bank of America Corp’s (NYSE: BAC) stock having appreciated through most of 2020 and in early 2021, there seems to be limited upside and market expectations are “quite high,” according to Baird. The Bank of America Analyst: David George downgraded Bank of America from...

BeyondSpring Inc’s (NASDAQ: BYSI) lead candidate plinabulin is likely to receive approval around the Nov. 30 PDUFA date for chemotherapy-induced neutropenia (CIN), according to Baird. The BeyondSpring Analyst: Joel Beatty initiated coverage of BeyondSpring with an Outperform rating and a...

The COVID-19 pandemic accelerated the pet retail sector's transition to digital, which bodes well for Chewy Inc (NYSE: CHWY), according to Baird. The Chewy Analyst: Justin Kleber initiated coverage of Chewy with an Outperform rating and a price target of $105. The Chewy Thesis: The company...

The current upcycle is likely to continue in 2022, facilitating ON Semiconductor Corp’s (NASDAQ: ON) mix improvement initiatives, according to Baird. The ON Semiconductor Analyst: Tristan Gerra upgraded the rating for ON Semiconductor to Outperform, while raising the price target from $38 to...

If the lending business picks up, Bank Of America Corp (NYSE: BAC) is one of the best banks to own, Douglas C. Lane & Associates' Sarat Sethi said Tuesday on CNBC's "Fast Money: Halftime Report" What Happened: Baird analyst David George downgraded Bank of America...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) offers investors a compelling recovery story but the stock's run to north of $50 per share prompted two analysts to downgrade the stock. The Bed Bath & Beyond Analysts: Wedbush analyst Seth Basham downgraded Bed Bath & Beyond from...

Shares of pharmacy retailer Walgreens Boots Alliance Inc (NASDAQ: WBA) ended 2020 lower by nearly 30%, but Baird sees several catalysts for the company that it said should put an end to years of "train wreck" performance. The Walgreens Analyst: Eric Coldwell upgraded...

Qualcomm, Inc. (NASDAQ: QCOM) is well positioned to take advantage of the 5G revolution in 2021 and beyond, according to Baird. The Qualcomm Analyst: Tristan Gerra initiated coverage of Qualcomm's stock with an Outperform rating and $200 price target. The Qualcomm Thesis: Qualcomm is "at...