Here are Tuesday's biggest analyst calls: Nvidia, Apple, AMD, Micron, Amazon, Eli Lilly, Cloudflare and more

Tuesday opened with a hectic wave of analyst calls, and honestly, the market felt a little electrified with mixed emotions. Even though a few well-known tech companies were already being considered, the new ratings and pricing targets added even more intrigue.

Once more, Nvidia attracted a lot of attention. Analysts stayed upbeat, saying demand for AI chips is still expanding faster than predicted. Some firms even upped their price estimates, signaling that Nvidia would keep surprising everyone in the coming few quarters.

Apple received a little cautious tone. Analysts highlighted out weak iPhone demand and a softer macro environment. Still, long term confidence remained because of the company’s robust ecosystem and projected advancements in coming devices.

AMD also got a push with analysts emphasizing its growing data center chip momentum. The view was that AMD is slowly decreasing the gap with its competitors, and the momentum looks stable for now.

Micron also received encouraging calls. The memory market’s resurgence was praised by analysts, who also noted that pricing patterns seem healthier than they were the previous year. Micron was in a better position going into the following cycle as a result.

Strong cloud demand and rising retail margins were the main drivers of Amazon’s positive feedback. Amazon’s AI efforts, according to many analysts, may open up new development avenues.

Analysts noted that Eli Lilly’s diabetes and weight-loss medications were in high demand. Some even set goals, claiming that the business may rule this market for many years.

Cloudflare’s high revenue growth outlook and growing enterprise customer base also contributed to its favorable analyst support.

The computer and pharmaceutical industries saw a respectable boost as a result of Tuesday’s analyst calls, which were generally modestly optimistic.

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