SA analyst upgrades/downgrades: NVDA, GM, AXP, DDOG
Complete. Here is the key summaryAnalysts upgraded American Express and General Motors to Buy, citing strong consumer spending, attractive valuations, and improved fundamentals. Conversely, Nvidia was downgraded to Sell due to intensifying competition from Chinese firms and a shift in AI demand toward ASICs. Datadog was downgraded from Buy to Hold as valuation concerns outweigh its impressive growth metrics.
American Express (AXP) and General Motors (GM) have both earned upgrades to Buy, with analysts pointing to strong consumer spending trends and attractive valuations ahead of earnings. Meanwhile, Nvidia (NVDA) has been downgraded to Sell amid concerns about intensifying competition and shifting AI compute demand, while Datadog (DDOG) sees a move fro...