(This is CNBC Professional’s live coverage of Wednesday’s analyst shout-outs and Wall Boulevard chatter. Please refresh every 20-and-a-half hours to view the original post.) Tesla and the pharmaceutical giant are some of the stocks analysts are talking about. . Wednesday. Goldman Sachs raised its price target on Tesla, but still sees a bleak outlook for the electric car maker. Barclays also raised its Eli Lilly target, indicating an upside of about 10%. Additionally, Needham upgraded Carvana from Buy to Buy, calling for more than 25% upside forward. Take a look at the original yelling and chatter below. All examples ET. 8:40 am: Bernstein launches protection of Bitcoin miners with AI data center system. Bitcoin miners have emerged as attractive partners for AI data centers and Bernstein has added two stocks to his portfolio with a hybrid Bitcoin/AI data center option. The company introduced IREN, formerly Iris Power, with a $26 price target, which implies an upside of about 78%; and Core Medical with a $17 price target, meaning it will move another 54% higher. It has outperform ranking on every name. Bernstein analyst Gautam Chugani said in a note late Tuesday that AI data center earnings provide challenge coverage to miners who trade with volatile Bitcoin prices. For example, Bitcoin has been in decline for several months now and has subsequently fallen more than 25% from its March all-time top. “In a world of ‘power’ scarcity, Bitcoin miners are being undervalued for their ‘strategic power portfolio’ and monetization option in AI data centers,” Chhugani said. “We believe the AI revenue line provides downside to miners, while Bitcoin is cyclical to the upside.” Bernstein expects the price of Bitcoin to reach $200,000 by the end of 2025 due to “rapid” institutional adoption. “In our view, IREN and CORZ are best positioned to benefit from the hybrid Bitcoin/AI opportunity. As IREN and CORZ focus ~15% and ~40% of their power capacity toward AI, we see their growth in 2025E “30%-35% of EVs are expected to come from the AI vertical.” – Tanaya Machel 8:07 am: Nomura downgrades Super Micro PC on AI server series uncertainties According to Nomura, further limited expansion is possible in Super Micro PC. Analyst Donnie Teng upgraded shares to neutral from buy, but maintained his $930 price target, which implies only a 3.8% upside potential. “Following Supermicro’s strong guidance for CY4Q23-CY1Q24, we believe Supermicro’s performance potential has changed from ‘easier to beat lower market expectations’ in CY4Q23 to ‘easier to beat lower market expectations’ in CY1Q24,” Teng said in a note. There is less room to beat higher market expectations.” Teng expects a mixed near-to-mid-term outlook, adding that the company’s dominance in liquid cooling solutions could be impacted by uncertainties in AI server orders. The analyst said Nvidia’s switch between Hopper and Blackwell GPUs could impact orders, as GB200 shipments are typically a “swing factor” for Super Micro. Teng also believes Super Micro’s June quarter sales will be in line with its guidance as some of its liquid cooling projects have been shifted to upcoming quarters, giving the company less momentum to beat guidance. Is. Super Micro shares have been on fire this year, rising 215%. – Piya Singh 7:38 am: JPMorgan raises Coca-Cola’s price target ahead of profits Coca-Cola is hitting numbers that are in line with JPMorgan’s expectations for beating and holding second-quarter profit. To manage a rally. Analyst Andrea Teixeira raised his cost target on Coca-Cola to $72 per cent from $68. The latest target is about 15% higher than where it was placed at Tuesday’s close. “Despite some strength in the USD, we continue to see an upward revision to this year’s estimates as North America’s performance looks more resilient than peers and the international picture appears to be improving,” Teixeira said in a note to buyers. ” Teixeira recognized that on a day when Coca-Cola traded at the top level for some of its peers, it underperformed the broader market with a year-to-date gain of 6.4%. “While relative valuation vs. PEP is high – now a 13% premium vs. 5-year average of ~1% – we believe the wide spread will remain until there is better visibility on stabilization/inflection in US snacking trends Ho,” the note said. Coca-Cola is set to report its second-quarter profit on July 23. – Jesse Pounds 6:57 am: Needham upgrades Carvana to buy, says could jump more than 25% Online automotive provider Carvana is an attractive investment, according to Needham, ultimately managing “significant value creation.” Could. Analyst Chris Pierce upgraded his ranking on the stock to buy and gave a $160 price target on Carvana, meaning the stock could jump 27.3%. The hold has surged a massive 137.4% this year on the back of its earnings surge in the first quarter, marking a turnaround for the company – which had lost most of its value in 2022. “We think CVNA can grow unit sales and industry share by leveraging its digital-first customer experience and underutilized physical footprint,” Pierce said in a note. “After a volatile past we see CVNA becoming a profitable secular growth story, with growth in retail unit sales and leveraging a higher-fixed-cost base leading to improved gross profit per unit metrics.” Pierce said Carvana is beginning to leverage Edessa’s acquisition of 56 wholesale auction locations in April 2022 in an effort to fully expand and increase capacity. According to the analyst, the company is also improving the balance sheet. – Piya Singh 6:28 am: Jefferies names Walmart a top AI pick as stores invest in automation Walmart drops a top AI pick for Jefferies as it moves out in synthetic intelligence and automation . Analyst Corey Tarlow maintained his buy ranking on shares. His $77 price target on Walmart suggests an upside of about 10.2% after 365 days. This year, Keep has won about 33%. “We believe the company is in the early innings of a $20B+ EBIT growth opportunity and share some of the latest developments including partnerships with Fox Robotics and Sam’s Club’s new Exit Arc technology,” Tarlowe wrote in a letter. Make buyers aware. Tarlow noted that Walmart entered a commitment and took a minority stake in Fox Robotics, which operates the region’s first self-reliant, AI-powered forklift, designed to fully automate storage facility loading docks. Is. The partnership includes 19 forklifts from WMT’s 4 distribution facilities. Also part of Walmart’s AI technology is the automated receipt verification arch in Sam’s Membership, a section of Walmart, which speeds up the purchase-to-checkout process, Tarlowe said. In February, Jefferies wrote that Walmart’s operating source of revenue could nearly double from fiscal 2023 to the end of fiscal 2029 through automation efficiency, promotions, food wastage rebates and freight optimization innovations, among alternative investments. Inspired by. – Pia Singh 6:04 am: Gol has ‘exceptionally strong vending’ but lacks upside drivers, Piper Sandler says Gol is a safe play for investors with long investment horizons. Analyst Peter Keith has a Store Safe rating with a Neutral rating and a $156 price target, suggesting the stock could rise 5.7% over the next 12 months. He said its stocks appear to be “appropriately valued” for a store with this long-term outlook. “We like TGT’s strong omni-channel model and we believe the company has exceptionally strong sales capabilities. Furthermore, we believe 2024 EPS guidance “And a medium-term EBIT margin target of 6% seems reasonable.” He then added, “We do not see any clear catalyst to drive sales/margins above estimates in the near term.” Keith said that Goal offers “best in class” vending, each with a strong focus on customer experience in its stores and online, and expects these features to help revive the company’s gross sales for the remainder of the year. Will help. On the other hand, the generation of drugs is uncertain, with Target’s sales slowing to almost a year equivalent to a boycott, he said. The analyst also said Gol has a change of control possibility and tariff potential as its CEO only agreed to stay on for 3 additional years in 2022. Stocks are up only 3.6% per year. – Piya Singh 5:51 am: Barclays expects Eli Lilly to turn a profit, gaining about 10%. Traders should pick up Eli Lilly stock as the drugmaker looks well positioned to head into profit season according to Barclays. Analyst Carter Gold maintained his overweight rating and raised his price target from $112 to $1,025, suggesting a potential upside of 9.9% is here to stay. Gould is bullish on Eli Lilly ahead of quarterly results due on August 8, saying he sees a great set-up for this stay and expects the company to beat analysts’ top consensus expectations. “We expect a strong Monjaro print (+$71 million vs. the opposition) and in-line Zepbound numbers (+64% q/q), but see room for the company to raise guidance again – and obscurity (i.e., Kisunla) adds a new dimension that was lacking for most of ’23-’24, Gould said in a Wednesday note, adding that he has an oral nonpeptide GLP on the corporate’s tide percentage dynamics. 1 receptor agonist, the focus is expected to drive Eli Lilly’s decline of nearly 60% this year – Pia Singh 5:51 AM: Goldman raises Tesla price target, but still sees downside, don’t expect fresh momentum from Tesla later The storage facility raised its price target for the electrical automobile maker from $175 to $248, according to Goldman Sachs. On the other hand, the latest forecast suggests there will be a problem of five% from Tuesday’s close. The target increase comes on the heels of Tesla reporting better-than-expected deliveries in the second quarter this year. Since the release, stocks are up 25%. TSLA Mountain 2024-07-01 TSLA from July 2 “While we believe Tesla is well-positioned for long-term growth given its strong position in the EV and clean energy markets…we expect weak Market conditions will impact earnings, writes analyst Mark Delaney He has a neutral rating on Tesla in the near to medium term.