Tech Sector Sees Mixed Bag of Analyst Upgrades and Downgrades

Nvidia's stock price may see an increase of more than 8% according to top Wall Street analysts. Analysts from various firms, including Raymond James and UBS, have changed their outlook on several top names.

UBS upgraded Fluence Energy Inc (NYSE:FLNC) from Sell to Neutral with a new price target of $12. Morgan Stanley raised Dynatrace, Inc's (NYSE:DT) price target to $65 from $58 and upgraded the stock from Equal-Weight to Overweight.

Raymond James increased NVIDIA Corp's (NASDAQ:NVDA) price target from $330 to $352. Baird also raised Snowflake Inc's (NYSE:SNOW) price target to $350 from $280. These moves come as the tech sector continues to see significant changes in market sentiment.

Goldman Sachs upgraded Coinbase Global Inc's (NASDAQ:COIN) price target to $196 from $173, and BTIG raised Expedia Group Inc's (NASDAQ:EXPE) price target to $400 from $350. In contrast, Mizuho reduced its price target for Micron Technology Inc (NASDAQ:MU) to $1,300 from $1,375 and cut SanDisk Corp's (NASDAQ:SNDK) price target to $1,875 from $1,900.