Barclays Lowers PT on $AMD (+0.79%) to $170 from $180 - OW

Analyst Comments: "The MI300 ramp remains on track with another raise to >$5B (from >$4.5B), but an unseasonably high Client in December sets up a tougher starting point for 2025, where we model Client down more than seasonal (-15%)."

Barclays Raises PT on $CMG (-0.2%) to $60 from $55 - EW

Analyst Comments: "Chipotle shares have outperformed recently, rebounding after the surprise CEO departure in August '24. Heading into 3Q24 earnings, there was pressure on the company with new leadership in both the CEO and CFO roles, and any shortfall in results or outlook was likely to be attributed to the transition. However, 3Q24 results were in-line with expectations, with no material surprises."

Citi Raises PT on $GOOGL (-0.33%) to $216 from $212 - Buy

Analyst Comments: "We emerge from Alphabet’s 3Q24 earnings incrementally positive on shares. Google Search & YouTube revenue growth of +12% Y/Y highlight continued advertiser adoption of its monetization tools as query growth evolves with AI Overviews and broader GenAI search tools."

BofA Lowers PT on $FSLR (+0.94%) to $269 from $321 - Buy

Analyst Comments: "Following First Solar’s Q3 earnings, we reiterate our Buy rating, viewing the recent challenges as situational rather than structural. The reduced volume guidance was primarily due to three contract terminations and modules initially expected to be sold this year, which we see as largely idiosyncratic issues."

"FSLR’s 73.3 GW contracted backlog reflects strong demand, enabling the company to be selective in securing new bookings at favorable ASPs. With plans to expand capacity to over 14 GW in the U.S. and 25 GW globally by 2026, FSLR is well-positioned to capitalize on U.S. policy tailwinds—regardless of the election outcome, in our view."