00:00 Speaker A
Now let’s take a look at some of Wall Street’s top analysts’ conference calls today. This morning we’re looking at Dell, Intel, and DraftKings.
00:05 Speaker A
First, Dell and Barclays upgraded their stock ratings from “equal” to “overweight.” The analyst said the view on the company is now more positive because of strong orders for AI servers,
00:13 Speaker A
The profit margin in the AI ​​field is stable, and there are many opportunities in the server and storage fields. Additionally, the company believes Dell has a best-in-class offer in terms of overhead costs.
00:22 Speaker A
Wall Street is quite bullish on this name, with currently 24 buy ratings, 5 hold ratings, and 1 sell rating.
00:29 Speaker A
Next up is Intel. Manchester City upgraded its rating on the chipmaker to neutral from sell. The analyst said this should benefit from tight supplies of advanced packaging from Taiwan Semiconductor TSMC. The analyst said Intel has a unique opportunity to attract foundry wafer customers.
00:44 Speaker A
Wall Street was mostly on the sidelines, with 8 buyers, 36 holds and 8 sellers.
00:51 Speaker A
Finally, DraftKings and Wells Fargo upgraded their sports betting platforms from equal weight to super weight. It expects DraftKings sales to exceed the implied high end of its fourth-quarter guidance, which is 273 million to 287 million.
01:03 Speaker A
There are currently 31 buys, 8 holds, and no sells on the street. The view on DraftKings is very positive.
01:10 Speaker A
Keep it on Yahoo Finance where we’ll be tracking all the market moves and hot calls throughout the conference.
