RBC Tesla’s rating up
High evaluation for vertical integration
“Maintain Leadership for the Next 10 Years”
The positive outlook for Apple continues even in the bear market. Barclays predicted that “Apple’s April-June quarterly product sales will outperform the consensus (average expected by securities companies).” Citi kept Apple’s target price at $200 and paid attention to ‘CarPlay’. It was also evaluated as “it will deepen Apple’s ambitions for the automobile industry”. JP Morgan pays attention to gaming services and expects “to generate $1 billion in sales by 2025”. The average target price for Apple is $187.73, with 21 companies giving BUY and 6 holding neutral opinions.
Tim Cook, Apple CEO / Photo = AFP
RBC has raised Tesla’s rating from Neutral to Buy. Tesla is expected to maintain its leadership over the next decade. In the future, the dependence on the supply chain will increase in the electric vehicle market, and it is analyzed that Tesla, which has succeeded in vertical integration, will exert its strength.
UBS maintained its ‘top pick’ for Micron, the world’s third-largest memory semiconductor company. We have lowered our target price from $120 to $115. Due to slowing demand in the smartphone and PC markets, the price of memory semiconductors, Micron’s flagship product, is also expected to weaken in the short term. However, as major memory semiconductor companies such as Samsung Electronics and SK Hynix are controlling their supply, UBS’s forecast is that prices will also show a positive picture from next year.
In addition, you can check the news regarding various companies in the video. thank you
Silicon Valley = Correspondent Hwang Jung-soo
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