U.S. Markets Gained Ground on Wednesday, with Moderna Driving the Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Barron's
- Stock Market Performance: U.S. stock indexes experienced an upward trend on Wednesday, with significant gains across major indices.
- Index Gains: The S&P 500 increased by 1.21%, the Dow Jones Industrial Average rose by 1.18%, and the Nasdaq Composite saw a rise of 1.16%.
Analyst Views on RMBS
Wall Street analysts forecast RMBS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RMBS is 113.50 USD with a low forecast of 83.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
0 Hold
1 Sell
Moderate Buy
Current: 125.930
Low
83.00
Averages
113.50
High
130.00
Current: 125.930
Low
83.00
Averages
113.50
High
130.00
About RMBS
Rambus Inc. is a global semiconductor company dedicated to enabling data centers and artificial intelligence by delivering memory and security solutions that address the evolving needs of the industry. It offers a balanced and diverse portfolio of products encompassing chips and silicon intellectual property (IP). Its solutions maximize performance and security in computationally intensive systems. Its DDR memory interface chips for server memory modules enable increased bandwidth and expanded capacity in enterprise and cloud servers. Its portfolio includes DDR5 and DDR4 memory interface chipsets. Its DDR5 chipset solutions include the Registering Clock Driver, Multiplexed Registering Clock Driver, Multiplexed Data Buffer, Power Management Integrated Circuits, Serial Presence Detect Hubs, Temperature Sensors, and Client Clock Driver. Its Silicon IP includes interface and security IP solutions that move and protect data in advanced data center, government and automotive applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
