Citi has double upgraded networking systems stock Ciena to buy from sell, citing an improving backdrop in the telecommunications/cable industry. Meanwhile, Raymond James downgraded Palantir to market perform, citing a rich valuation. Check out the latest calls and chatter below.
A software stocks and a nuclear energy play were among the names being talked about by analysts on Monday. Raymond James downgraded Palantir to market perform, citing a rich valuation. Meanwhile, Morgan Stanley raised its price target on Constellation Energy to $313m implying more than 20% upside. Check out the latest calls and chatter below. All times ET. 6:12 a.m.: Citi double upgrades Ciena to buy from sell Citi likes what it sees from Ciena .
mountain PLTR year to date While a high valuation may be the stock's biggest near-term obstacle, Gesuale is optimistic on the company's potential in the long run as an artificial intelligence beneficiary. "Geopolitical instability and global AI arms race provide improving long term visibility for Palantir that should pave the way for ongoing growth in the ~20% range over the next few years," Gesuale added. — Lisa Kailai Han 5:47 a.m.
Ciena Palantir Constellation Energy Morgan Stanley Raymond James
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