1 hr. ago
BNP Paribas Exane raised its AVGO target to $675, implying 61% upside, while 44 **** ysts rate the stock Buy with zero Sells.
AMD rallied 14% and MRVL surged 26% over three months while AVGO stalled despite posting 143% AI revenue growth year over year.
Hock Tan confirmed Q2 AI bookings of $30 billion against $10.8 billion shipped, targeting $100 billion in AI revenue by fiscal 2027.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.
Broadcom (NASDAQ:AVGO) trades at $417.82 against a Wall Street average price target of $527.88, leaving roughly 26% of implied upside.
#upside #paribas
AMD rallied 14% and MRVL surged 26% over three months while AVGO stalled despite posting 143% AI revenue growth year over year.
Hock Tan confirmed Q2 AI bookings of $30 billion against $10.8 billion shipped, targeting $100 billion in AI revenue by fiscal 2027.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.
Broadcom (NASDAQ:AVGO) trades at $417.82 against a Wall Street average price target of $527.88, leaving roughly 26% of implied upside.
#upside #paribas
22 days ago
This article was originally published on ETFTrends.com.
According to Bankrate's Mortgage Rates, the national average for a 30-year fixed mortgage is 6.61%. That's uncomfortably high and a major headwind to many prospective homebuyers, particularly those in the first-time category. But it's not all bad news in the mortgage market. Confirming opportunity abounds for fixed income investors with ETFs such as the WisdomTree Mortgage Plus Bond Fund (MTGP), some experts view mortgage-backed securities (MBS) as one of the more fundamentally sturdy corners of the bond market.
The actively managed MTGP, which turns seven years old in November, sports a 30-day SEC yield of 4.31%. That's impressive when considering the scant credit risk typically ***** ociated with MBS. The case for the WisdomTree ETF is fortified by a robust fundamental outlook.
"Agency mortgage-backed securities fundamentals remain supported by a combination of elevated mortgage rates, limited refinancing incentives, constrained housing turnover, and low net supply," noted BNP Paribas.
As noted above, high mortgage rates are drags on residential real estate activity. Those rates are barriers to entry for many buyers, which morphs into a problem for sellers. However, that situation can be a boon for MBS.
#market
According to Bankrate's Mortgage Rates, the national average for a 30-year fixed mortgage is 6.61%. That's uncomfortably high and a major headwind to many prospective homebuyers, particularly those in the first-time category. But it's not all bad news in the mortgage market. Confirming opportunity abounds for fixed income investors with ETFs such as the WisdomTree Mortgage Plus Bond Fund (MTGP), some experts view mortgage-backed securities (MBS) as one of the more fundamentally sturdy corners of the bond market.
The actively managed MTGP, which turns seven years old in November, sports a 30-day SEC yield of 4.31%. That's impressive when considering the scant credit risk typically ***** ociated with MBS. The case for the WisdomTree ETF is fortified by a robust fundamental outlook.
"Agency mortgage-backed securities fundamentals remain supported by a combination of elevated mortgage rates, limited refinancing incentives, constrained housing turnover, and low net supply," noted BNP Paribas.
As noted above, high mortgage rates are drags on residential real estate activity. Those rates are barriers to entry for many buyers, which morphs into a problem for sellers. However, that situation can be a boon for MBS.
#market
1 month ago
SWIFT is taking its biggest step into crypto after confirming its blockchain-based shared ledger is ready for initial use. Built on Hyperledger Besu over nine months, the network will let 17 major banks, including HSBC, Citi, UBS, BNP Paribas, DBS, ANZ, and Standard Chartered, pilot live cross-border payments using tokenized deposits.
The rollout moves beyond closed sandbox testing into real banking operations. Rather than replacing existing payment rails, the ledger coordinates tokenized deposits between participating banks while final settlement stays on the current infrastructure. That could help banks process payments during nights, weekends, and across time zones, where delays have long been a problem.
Discover: The Best Token Presales
The shared ledger sits above existing payment rails instead of replacing them. When a participating bank starts a transaction, the platform coordinates funding commitments across counterparties and gives every institution the same real-time view of payment status. Final settlement still runs through RTGS systems and Swift's existing messaging network.
The pilot uses bank-issued tokenized deposits rather than stablecoins or public crypto ***** ets. Each token is backed one-to-one by commercial bank deposits, giving it the same regulated status as money held in a traditional bank account. In practice, the blockchain improves how banks move and coordinate funds, while the underlying money and compliance framework remain unchanged.
The rollout moves beyond closed sandbox testing into real banking operations. Rather than replacing existing payment rails, the ledger coordinates tokenized deposits between participating banks while final settlement stays on the current infrastructure. That could help banks process payments during nights, weekends, and across time zones, where delays have long been a problem.
Discover: The Best Token Presales
The shared ledger sits above existing payment rails instead of replacing them. When a participating bank starts a transaction, the platform coordinates funding commitments across counterparties and gives every institution the same real-time view of payment status. Final settlement still runs through RTGS systems and Swift's existing messaging network.
The pilot uses bank-issued tokenized deposits rather than stablecoins or public crypto ***** ets. Each token is backed one-to-one by commercial bank deposits, giving it the same regulated status as money held in a traditional bank account. In practice, the blockchain improves how banks move and coordinate funds, while the underlying money and compliance framework remain unchanged.
1 month ago
THE ALL ENGLAND CLUB, London — Naomi Osaka's transformation into a ****** an of grass-court tennis took its biggest leap forward Sunday, as she knocked Aryna Sabalenka out of Wimbledon in straight sets.
Osaka was nearly untouchable on a warm, still evening in London unlike anything she could have imagined for herself before this year. For a fourth consecutive match, Osaka crushed her serve and groundstokes, pushing the world No. 1 onto her heels and leaving her swatting desperately for ****** that cruised and skidded past her.
With a 6-2, 7-6(2) victory, she had her biggest win since she returned to the tour after pregnancy in 2024, and perhaps even since her last Grand Slam ****** le win, all the way back in February of 2021.
For Sabalenka, it was another disappointment, in an early summer that has had far more of them than she might have anticipated after her mostly scintillating first three months of the season. Sabalenka made the final of the Australian Open and then completed a rare Sunshine Double with wins at the BNP Paribas Open at Indian Wells and then the Miami Open.
But as the season moved to the organic surfaces of clay and grass, where it's harder for her to find the stability she craves, her results grew rocky. That included a quarterfinal meltdown at the French Open, where she served for the match against Russia's Diana Shnaider before spiraling out of form losing the final 10 games.
Osaka was nearly untouchable on a warm, still evening in London unlike anything she could have imagined for herself before this year. For a fourth consecutive match, Osaka crushed her serve and groundstokes, pushing the world No. 1 onto her heels and leaving her swatting desperately for ****** that cruised and skidded past her.
With a 6-2, 7-6(2) victory, she had her biggest win since she returned to the tour after pregnancy in 2024, and perhaps even since her last Grand Slam ****** le win, all the way back in February of 2021.
For Sabalenka, it was another disappointment, in an early summer that has had far more of them than she might have anticipated after her mostly scintillating first three months of the season. Sabalenka made the final of the Australian Open and then completed a rare Sunshine Double with wins at the BNP Paribas Open at Indian Wells and then the Miami Open.
But as the season moved to the organic surfaces of clay and grass, where it's harder for her to find the stability she craves, her results grew rocky. That included a quarterfinal meltdown at the French Open, where she served for the match against Russia's Diana Shnaider before spiraling out of form losing the final 10 games.
2 months ago
PDD Holdings Inc. (NASDAQ:PDD) is one of the best non-tech stocks to buy according to ****** ysts. PDD Holdings Inc. (NASDAQ:PDD) received a rating update from BNP Paribas on June 15. The firm initiated coverage of the stock with an Underperform rating and set a price target of $89.
The same day, BofA cut the price target on PDD Holdings Inc. (NASDAQ:PDD) to $113 from $140 and maintained a Neutral rating on the shares. The firm told investors that it lowered its 2026-27 revenue forecasts by 6% and adjusted its net profit view by 21%-22% to take into account the increased ecosystem investments, which include commission rebates, merchant traffic support, and platform-funded coupons booked as contra revenue.
PDD Holdings Inc. (NASDAQ:PDD) also received a rating update from Barclays on May 28. The firm downgraded the stock to Equal Weight from Overweight, bringing the price target on the stock down to $89 from $165. The firm told investors in a research note that PDD Holdings Inc. (NASDAQ:PDD) reported its lowest non-GAAP net margin in five years in fiscal Q1.
PDD Holdings Inc. (NASDAQ:PDD) is a Chinese multinational online commerce group and retailer that owns and operates a range of diverse businesses. It also has a strong logistics, sourcing, and fulfillment capabilities network that supports its operations. The company owns Pinduoduo, a popular online commerce platform in China, and also runs the fast-growing e-commerce marketplace Temu.
While we acknowledge the potential of PDD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
The same day, BofA cut the price target on PDD Holdings Inc. (NASDAQ:PDD) to $113 from $140 and maintained a Neutral rating on the shares. The firm told investors that it lowered its 2026-27 revenue forecasts by 6% and adjusted its net profit view by 21%-22% to take into account the increased ecosystem investments, which include commission rebates, merchant traffic support, and platform-funded coupons booked as contra revenue.
PDD Holdings Inc. (NASDAQ:PDD) also received a rating update from Barclays on May 28. The firm downgraded the stock to Equal Weight from Overweight, bringing the price target on the stock down to $89 from $165. The firm told investors in a research note that PDD Holdings Inc. (NASDAQ:PDD) reported its lowest non-GAAP net margin in five years in fiscal Q1.
PDD Holdings Inc. (NASDAQ:PDD) is a Chinese multinational online commerce group and retailer that owns and operates a range of diverse businesses. It also has a strong logistics, sourcing, and fulfillment capabilities network that supports its operations. The company owns Pinduoduo, a popular online commerce platform in China, and also runs the fast-growing e-commerce marketplace Temu.
While we acknowledge the potential of PDD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
2 months ago
June 24, 2026 5:12 pm ET
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0729 ET – BNP Paribas has built an integrated universal bank spanning Europe, a success not yet priced into the group’s shares, Bank of America ***** ysts write. The Paris-listed bank should grow its return on tangible equity—a key measure of a bank’s profitability—above 15% by 2030, the ***** ysts say. Higher profitability will allow the company to return more capital to shareholders, they say. The outcome of litigation linked to the bank’s operations in Sudan during the rule of dictator Omar al-Bashir weighs on the company’s stock, but an ongoing appeal process should resolve by year-end, they add. BNP Paribas shares rise 0.9%, even as other French banks slip. (josephmichael.stonorwsj.com)
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0729 ET – BNP Paribas has built an integrated universal bank spanning Europe, a success not yet priced into the group’s shares, Bank of America ***** ysts write. The Paris-listed bank should grow its return on tangible equity—a key measure of a bank’s profitability—above 15% by 2030, the ***** ysts say. Higher profitability will allow the company to return more capital to shareholders, they say. The outcome of litigation linked to the bank’s operations in Sudan during the rule of dictator Omar al-Bashir weighs on the company’s stock, but an ongoing appeal process should resolve by year-end, they add. BNP Paribas shares rise 0.9%, even as other French banks slip. (josephmichael.stonorwsj.com)
2 months ago
Fiserv Inc. (NASDAQ:FISV) is one of the 10 Best 52-Week Low Technology Stocks to Buy According to ******* ysts. On June 16, Truist Financial ******* yst Matthew Coad reiterated a Hold rating on Fiserv Inc. (NASDAQ:FISV) without ******* igning a price target. However, earlier, on May 29, the ******* yst had lowered the firm's price target on the stock from $64 to $58 following the company's first-quarter earnings report. After reviewing Q1 results, the firm updated its financial model and lowered its short-term revenue outlook. Moreover, Truist also revised its full-year forecasts downward, though the adjustments were less significant than those made to its short-term expectations.
The ******* ysts said that the revised outlook reflects the impact of non-recurring hardware revenue in the merchant solutions segment. The revenue provided a temporary benefit to earnings and is not expected to continue.
On a more bearish note, BNP Paribas ******* yst Thomas Poutrieux downgraded Fiserv Inc. (NASDAQ:FISV) to an Underperform rating from the previous Neutral rating on June 5. The ******* yst ******* igned a target price of $46 to the stock. CNN's compilation of ******* yst price targets suggests that FISV has a median price target of $65, which is well above the firm's ******* igned price target of $46. The median price target reflects a further 35.81% upside from the current levels.
Fiserv Inc. (NASDAQ:FISV) offers fintech solutions, such as account processing, digital commerce, fraud prevention, and payments, to segments such as financial institutions and merchants.
While we acknowledge the potential of FISV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
The ******* ysts said that the revised outlook reflects the impact of non-recurring hardware revenue in the merchant solutions segment. The revenue provided a temporary benefit to earnings and is not expected to continue.
On a more bearish note, BNP Paribas ******* yst Thomas Poutrieux downgraded Fiserv Inc. (NASDAQ:FISV) to an Underperform rating from the previous Neutral rating on June 5. The ******* yst ******* igned a target price of $46 to the stock. CNN's compilation of ******* yst price targets suggests that FISV has a median price target of $65, which is well above the firm's ******* igned price target of $46. The median price target reflects a further 35.81% upside from the current levels.
Fiserv Inc. (NASDAQ:FISV) offers fintech solutions, such as account processing, digital commerce, fraud prevention, and payments, to segments such as financial institutions and merchants.
While we acknowledge the potential of FISV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
2 months ago
Autodesk Inc. (NASDAQ:ADSK) is one of the 10 oversold stocks offering high upside.
On June 15, Autodesk Inc. (NASDAQ:ADSK) announced adjustments to its existing Revolving Credit Facility. The company increased its borrowing capacity to $2 billion from $1.5 billion, executed with a banking syndicate involving major names such as Citibank, Morgan Stanley, BNP Paribas, and BofA Securities.
SFIO CRACHO/Shutterstock.com
Autodesk will utilize the arrangement to finance its potential acquisitions, share buybacks, working capital needs, and major capital expenditures. The arrangement involves a zero percent rate floor linked to SOFR, along with margins that will depend on the company's credit ratings. Autodesk also has provisions to expand the arrangement in the future, as per its requirements.
Back on May 29, RBC Capital reduced the target price on Autodesk Inc. (NASDAQ:ADSK) from $335 to $305. The firm maintained an Outperform rating on the stock. The firm noted that investor concerns about growth and profitability have surfaced, following the company's acquisition of MaintainX. The acquisition, valued at $3.6 billion, was Autodesk's largest to date.
On June 15, Autodesk Inc. (NASDAQ:ADSK) announced adjustments to its existing Revolving Credit Facility. The company increased its borrowing capacity to $2 billion from $1.5 billion, executed with a banking syndicate involving major names such as Citibank, Morgan Stanley, BNP Paribas, and BofA Securities.
SFIO CRACHO/Shutterstock.com
Autodesk will utilize the arrangement to finance its potential acquisitions, share buybacks, working capital needs, and major capital expenditures. The arrangement involves a zero percent rate floor linked to SOFR, along with margins that will depend on the company's credit ratings. Autodesk also has provisions to expand the arrangement in the future, as per its requirements.
Back on May 29, RBC Capital reduced the target price on Autodesk Inc. (NASDAQ:ADSK) from $335 to $305. The firm maintained an Outperform rating on the stock. The firm noted that investor concerns about growth and profitability have surfaced, following the company's acquisition of MaintainX. The acquisition, valued at $3.6 billion, was Autodesk's largest to date.
2 months ago
UnitedHealth (UNH) shares are pushing higher on June 4 after senior Bank of America ******* yst Kevin Fischbeck issued a constructive note in favor of the largest U.S. health insurer.
Fischbeck upgraded the multinational this morning to “Buy” and raised his price target to $450, indicating potential for another 13% upside from current levels.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
Honeywell Stock Is Likely to Reward Shareholders Following Quantinuum IPO, Split
Fischbeck upgraded the multinational this morning to “Buy” and raised his price target to $450, indicating potential for another 13% upside from current levels.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
Honeywell Stock Is Likely to Reward Shareholders Following Quantinuum IPO, Split
2 months ago
Valued at a market cap of $140.9 billion, Welltower Inc. (WELL) is a real estate investment trust (REIT) that stands as one of the world's largest healthcare infrastructure investors. The Toledo, Ohio-based company’s real estate footprint operates exclusively at the intersection of housing, hospitality, and healthcare, with a massive focus on rental housing for aging populations alongside wellness housing and outpatient medical facilities.
Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and WELL fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the REIT - healthcare facilities industry. The company’s core specialty centers on its proprietary Data Science and Machine Learning platform, which powers the "Welltower Business System." This specialized technology stack uses predictive ******* ytics to optimize micromarket site selection, aggressively drive down property operating expenses, and maximize revenue per occupied room (RevPOR) across its senior living communities, fundamentally positioning the firm as a tech-driven operator wrapped in a real estate shell.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
Honeywell Stock Is Likely to Reward Shareholders Following Quantinuum IPO, Split
Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and WELL fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the REIT - healthcare facilities industry. The company’s core specialty centers on its proprietary Data Science and Machine Learning platform, which powers the "Welltower Business System." This specialized technology stack uses predictive ******* ytics to optimize micromarket site selection, aggressively drive down property operating expenses, and maximize revenue per occupied room (RevPOR) across its senior living communities, fundamentally positioning the firm as a tech-driven operator wrapped in a real estate shell.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
Honeywell Stock Is Likely to Reward Shareholders Following Quantinuum IPO, Split
2 months ago
Houston, Texas-based SLB N.V. (SLB) provides technology for the energy industry worldwide. Valued at a market cap of $84.6 billion, the company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems, and provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems, among other services.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” SLB fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the oil & gas equipment & services industry.
Dear Amazon Stock Fans, Mark Your Calendars for June 23
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” SLB fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the oil & gas equipment & services industry.
Dear Amazon Stock Fans, Mark Your Calendars for June 23
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
2 months ago
With a market cap of $81.7 billion, NXP Semiconductors N.V. (NXPI) is a global semiconductor company that designs and supplies a wide range of advanced chip solutions across the United States, Europe, and Asia. Headquartered in Eindhoven, the Netherlands, it sells its products through direct sales offices and independent distributors worldwide.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and NXP Semiconductors fits this criterion perfectly. Its product portfolio includes microcontrollers, application and communication processors, wireless connectivity solutions, ******* og and interface products, RF devices, security controllers, and environmental and inertial sensors. These technologies support key markets such as automotive, industrial and Internet of Things, mobile devices, and communication infrastructure.
Dear Amazon Stock Fans, Mark Your Calendars for June 23
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and NXP Semiconductors fits this criterion perfectly. Its product portfolio includes microcontrollers, application and communication processors, wireless connectivity solutions, ******* og and interface products, RF devices, security controllers, and environmental and inertial sensors. These technologies support key markets such as automotive, industrial and Internet of Things, mobile devices, and communication infrastructure.
Dear Amazon Stock Fans, Mark Your Calendars for June 23
Super Micro Computer Just Unveiled the New AMD Helios Platform. What That Means for SMCI Stock.
BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
2 months ago
Eni S.p.A. (NYSE:E) is one of the
8 Best Natural Resources Stocks to Buy Now.
On May 25, 2026, Eni S.p.A. (NYSE:E) and partners Petroci and Vitol approved the final investment decision for the Baleine Phase 3 project. Eni called the approval a “significant milestone”. The full-field Phase 3 development is expected to increase oil production from 60,000 to 150,000 barrels per day and gas output from 80 to 200 million cubic feet per day. CEO Claudio Descalzi said Baleine reflects Eni’s exploration and production model, including fast-track phased development and a focus on sustainability.
Last month, BNP Paribas upgraded Eni S.p.A. (NYSE:E) to Outperform from Neutral with a $64.30 price target. BNP Paribas said Eni has delivered on its strategic objectives over the past two years and has high cash flow exposure to higher oil prices.
Pixabay / Public domain
8 Best Natural Resources Stocks to Buy Now.
On May 25, 2026, Eni S.p.A. (NYSE:E) and partners Petroci and Vitol approved the final investment decision for the Baleine Phase 3 project. Eni called the approval a “significant milestone”. The full-field Phase 3 development is expected to increase oil production from 60,000 to 150,000 barrels per day and gas output from 80 to 200 million cubic feet per day. CEO Claudio Descalzi said Baleine reflects Eni’s exploration and production model, including fast-track phased development and a focus on sustainability.
Last month, BNP Paribas upgraded Eni S.p.A. (NYSE:E) to Outperform from Neutral with a $64.30 price target. BNP Paribas said Eni has delivered on its strategic objectives over the past two years and has high cash flow exposure to higher oil prices.
Pixabay / Public domain
