Sunday, 21 January 2024
RBC Capital analyst Brad Erickson reaffirms a buy rating on Amazon (AMZN) with a $180 price target, expecting growth in Amazon Web Services and robust advertising business.
DoorDash (DASH) receives a buy rating and $120 price target from BMO Capital analyst Brian Pitz, citing strong execution and significant market opportunities.
Nvidia's health-care business exceeds $1 billion in revenue in FY24, fueled by AI in drug discovery, genomics, diagnostics, and robotics.
Analysts emphasize the competitive positioning of Nvidia in health care, citing partnerships with Amgen and Recursion Pharmaceuticals.