Analysts Adjust Ratings and Price Targets for Major AI Players
• BofA still sees Alphabet (GOOGL) as an AI beneficiary despite mixed quarter; slightly lowered price target to $173 • Morgan Stanley "firmly overweight" on Microsoft (MSFT), citing leadership in generative AI and ability to monetize it • Raymond James downgrades AMD (AMD) to Outperform from Strong Buy on valuation, even as it raises price target to $195 • BofA hikes Nvidia (NVDA) price target to $800 amid "compelling valuation" ahead of earnings • Jefferies keeps Underperform rating on Palantir (PLTR), prefers other names for AI exposure