Price Target

• BofA analyst Wamsi Mohan raised the price target for International Business Machines Corporation (NYSE:IBM) from $300 to $315 on June 8. • The analyst maintained a "Buy" rating for the company's shares despite the target increase. • This optimistic outlook is driven by a massive projected wave of investment in an ecosystem of AI innovators expected to reshape the global economy.

• Bank of America analyst Epstein reiterated a Buy rating on Boeing (BA) with a $270 price target, signaling meaningful upside potential for the aerospace manufacturer. • Boeing's Q1 2026 earnings report, released April 22, showed revenue of $22.2 billion from 143 commercial deliveries and a record backlog of $695 billion covering over 6,100 commercial airplanes, though the company posted a GAAP loss per share of ($0.11). • The company guided to generate $1 billion to $3 billion in free cash flow for full-year 2026, with analyst estimates around $2.55 billion, representing a significant improvement signaling progression in the company's recovery trajectory.

• Tesla shares rose 7.2% Thursday after the company announced successful deployment of advanced autonomous driving features in two additional states, bringing the full self-driving beta program to 15 states nationwide. • Multiple Wall Street analysts upgraded Tesla's stock, raising average price targets by 12-15%, citing accelerated path to profitability and potential for robotaxi revenue streams beginning in late 2026. • The autonomous driving announcement offset broader semiconductor sector weakness, with Tesla demonstrating differentiation from legacy automakers lacking comparable self-driving capabilities.

• Rep. Chris Deluzio (D-PA) and Sen. Mark Kelly (D-AZ) introduced the Cost-of-Living Emergency Act on March 27 to combat rising essentials prices outpacing wages. • Bill mandates DOJ-FTC task force for emergency enforcement against price gouging, fixing, and discrimination on goods like utilities. • Invokes Defense Production Act for supply chain fixes backed by data to lower costs, plus creates 12-member bipartisan Congressional Cost-of-Living Commission for expedited relief proposals.

• Bank of America reinstated coverage of Microsoft (MSFT) with a Buy rating and $500 price target, implying 31% upside potential on March 24, 2026. • Analysts cite durable multi-year growth in cloud and AI, positioning Microsoft to capitalize across infrastructure and applications. • The reaffirmation comes amid tech sector pressure from geopolitical tensions, highlighting AI monetization as a key beneficiary.

Micron Technology closed at $426 on March 13, 2026, up significantly year-to-date by about 50%, following analysts' reiteration of an outperform rating and price target increase to $500 from $320. The upgrade highlights Micron's strong positioning in memory chips despite broader market declines driven by oil surges and geopolitical tensions. This move underscores investor optimism in semiconductors even as the Nasdaq fell 0.9% and S&P 500 dropped 0.6% on Friday. Upcoming earnings could test sustained momentum amid sector volatility.

Micron Technology shares rose 2.6% on March 13, 2026, closing at $426 after analysts reiterated an outperform rating and raised the price target to $500 from $320 amid strong year-to-date gains of 50%. The semiconductor firm benefited from positive momentum in the chip sector despite broader market declines, with investors eyeing its upcoming earnings report. This upgrade highlights Micron's robust growth prospects in memory chips, potentially signaling sector recovery amid volatility. Analysts anticipate further upside if quarterly results exceed expectations next week.