On August 25, several Wall Street firms released their latest stock ratings and target price adjustments. Goldman Sachs raised its target price for Coinbase from $173 to $196, maintaining a 'Buy' rating, believing that if the crypto market environment continues to improve, along with growth in new businesses such as derivatives and prediction markets, there will be additional upside potential for COIN. Raymond James upgraded AMD's rating from 'Outperform' to 'Strong Buy', raising the target price from $565 to $641. Bank of America maintained 'Buy' ratings for Nvidia, Marvell, and Micron, noting that stocks like NVDA, MRVL, MU, and AMD present more attractive allocation opportunities in the semiconductor sector. Additionally, Canaccord maintained a 'Buy' rating for Strategy, raising the target price from $130 to $175. Wolfe maintained Netflix at 'Outperform', increasing the target price from $84 to $95. Other rating changes include Morgan Stanley upgrading Dynatrace to 'Overweight'; UBS upgrading Fluence to 'Neutral'; Wolfe upgrading Moderna to 'In Line with Industry'; and Wells Fargo upgrading Shift4Payments to 'Overweight'.
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