Multiple Investment Banks Sharply Raise Tech Stock Price Targets, SMBC Extremely Bullish on Semiconductor Sector

BlockBeats News, May 28th, Several international investment banks recently released a series of research reports, adjusting the target prices of multiple tech giants. Among them:

Bank of America Global Research raised HP's target price from $16 to $18 and Broadcom's target price from $515 to $600;

Wells Fargo increased Marvell Technology's target price from $195 to $240;

Credit Suisse made significant adjustments, raising ARM's target price from $290 to $360, Micron Technology from a substantial increase from $800 to $1150, Dell from $300 to $350, and SanDisk from $1625 to $1825;

In addition, Morgan Stanley also raised Marvell Technology's target price from $172 to $195.