Dell, Mobileye, HPE: 3 Stocks In Focus

Morning Brief Hosts Seana Smith and Brad Smith break down some of Tuesday's trending tickers on the Yahoo Finance platform

Mizuho Securities has initiated coverage of Dell Technologies (DELL), giving it an Outperform rating and a price target of $135, citing the growth of its generative AI.

Shares of Mobileye Global (MBLY) are trading higher after being excluded from Intel's (INTC) updates about the chip company's "next phase of transformation." This comes after Bloomberg reported that Intel was considering options for its 88% stake in Mobileye.

Finally, Bank of America has upgraded Hewlett Packard Enterprise (HPE) stock to a Buy rating and lifted its price target to $24 per share from $21, citing cost-cutting measures and its upcoming acquisition of Juniper Networks (JNPR).

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl

Video transcript

Let's kick it off with Dell Mizuho Securities initiating coverage, giving Dell an outperform rating and a price target of 100 $35 citing the growth of generative A I shares flat right now, just barely to the upside here, they say.

Within this note, Dell is the overall server market leader, taking about 13% of the market last year.

Robust supply chain growing, A I server share and solid balance sheet plus diversified product revenue stream, they say.

All right, Mobile and Israeli developer of driver assistance technology trading higher here this morning, up just about 4% after being left out of Intel.

Updates about the next phase of its transformation of the move higher and the lack of any updates yesterday coming after Bloomberg reported just about a week ago that Intel was considering options for its stake in mobilise if you're not familiar or Intel currently owns 88% of mobilised.

So the fact that the Bloomberg article explored some of the strategic options which which did include possible reports of exploring a sale of part of that state, the fact that that did not, uh or does not seem to be the case as of right now enough to lift the shares of Mobile I here this morning.

All right, let's take a look at a little HBE.

Finally here, Bank of America, upgrading Hewlett Packard Enterprise to buy with a price target of $24.

That's up from $21.

And here's what They're citing cost cuts and its upcoming acquisition of Juniper Networks.

Here, you're taking a look at of H PE.

They're up here on the day by about 4.4%.

Uh, and you know, as we think more broadly about what the acquisition of Juniper could bring to the table, Of course, the street has been, uh, really clamouring for this deal to come forward and and get brought across the finish line here.

But we'll see how immediately a creed of that passes through to some of the financial performance for the company.

We will.

He'll pack up enterprise up just about 4.5%.

I think we did it in 30.

Maybe we did each of them.

Why not say we got the countdown in ours?