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What Cramer is looking at Monday — rapid cuts, chip stock reset, financials down

What Cramer is looking at Monday — rapid cuts, chip stock reset, financials down
Written by boustamohamed31

The CEO of Snap Inc. Evan Spiegel goes to a morning session at the Allen & Company Sun Valley Conference on July 7, 2021 in Sun Valley, Idaho.

Kevin Deitch Getty Images

What I’m Watching July 25, 2022

It’s still going down A click (SNAP), this time Wolfe Research and Morgan Stanley. How could they be so wrong? Whether winner takes all, loser takes nothing, against the club’s holdings Alphabet(GOOGL) Google and Facebook parent Meta platforms (META)? SNAP down 2% in premarket after a 39% drop on Friday.

Reset price target on Barclays semiconductor stock: Club holding Nvidia (NVDA) to $200 per share from $295; Skyworks Solutions (SWKS) to $122 from $125; Club demeanor Marvell Technology (MRVL) to $60 from $80. Qorvo (QRVO) to $120 from $135. This is necessary for progress.

  • Barclays holds from buy (equal weight to overweight) onwards Lam Research (LRCX) says it’s too early to buy the dip. Substantial says a reset is needed, cuts price target to $450 per share from $625. I don’t know, do you really want to do this before the eventual success of CHIPS on Capitol Hill? Barclays cuts PT to KLA Corporation (KLAC) to $325 from $365.

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