Wall Street analysts are making moves on major tech stocks. Wedbush downgraded Amazon’s price target due to anticipated increased capital expenditure, estimating $200 billion this year. Conversely, Oppenheimer upgraded Roku to outperform, citing potential growth from events like the Winter Olympics and midterm elections. Stifel upgraded Snap to hold, suggesting current challenges like user decline and ad growth issues are already factored into the stock price. Overall, Wall Street is mixed on Snap, bullish on Roku, and cautiously optimistic on Amazon despite the downgrade.
Amazon, Roku, Snap: Top Analyst Calls
