
U.S. stocks settled higher on Friday, with the Dow Jones gaining over 200 points, shrugging off recent credit concerns. The article then details recent stock picks from Benzinga's five most accurate analysts, featuring several maintained Buy ratings with raised price targets for Bitdeer Technologies (BTDR) to $30 and DRDGOLD (DRD) to $36.25, a maintained Neutral rating with a raised target for NetApp (NTAP) to $130, and a new Outperform initiation for Rocket Lab (RKLB) with an $83 target. Additionally, Wells Fargo maintained an Equal-Weight rating on Intel (INTC) while raising its price target to $30.
U.S. stocks closed higher, with the Dow Jones gaining over 200 points, indicating a market shrugging off recent credit concerns. This positive sentiment is echoed in several top analyst ratings, with Needham's John Todaro maintaining a Buy on Bitdeer Technologies (BTDR) and increasing its price target from $17 to $30, projecting a 23% upside following strong September self-mining results. Similarly, HC Wainwright & Co.'s Heiko F. Ihle boosted DRDGOLD (DRD)'s price target from $30.5 to $36.25, anticipating a 26% upside. Baird's Peter Arment initiated coverage on Rocket Lab Corp (RKLB) with an Outperform rating and an $83 price target, forecasting a 24% gain after its 15th successful mission in 2025. Citigroup's Asiya Merchant maintained a Neutral rating on NetApp (NTAP) but raised its price target from $115 to $130, expecting a 9% surge, coinciding with the company's introduction of an enterprise-grade AI data platform. Conversely, Wells Fargo's Aaron Rakers maintained an Equal-Weight rating on Intel (INTC) and, despite raising the price target from $22 to $30, still anticipates a 19% decline in the stock. This cautious outlook for Intel comes as the company prepares to launch its new "Crescent Island" GPU next year, signaling a renewed push into the AI chip market.
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moderately positive
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0.50
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