Cisco stock steady as Evercore ISI sees $300-500M revenue from HUMAIN joint venture

Evercore ISI has raised its price target for TJX stock from $162 to $165. This adjustment reflects the firm's confidence in TJX's financial performance and market position, following a series of positive earnings reports.

Evercore ISI has reduced its stock price target for Wix.com to $160, citing increased marketing costs as a significant factor. This adjustment reflects concerns about the company's financial performance amid rising expenses, which could impact investor confidence and market perception.

Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, expressed concerns regarding market debt issuance as the S&P 500 index has dropped over 3% this month. This decline follows pressure on major technology companies that significantly contributed to the market's gains in 2025.

Cisco participated in Wells Fargo's TMT Summit, discussing the impact of artificial intelligence (AI) on growth prospects. The event highlighted Cisco's strategies to leverage AI technologies to enhance its market position and drive innovation. As companies increasingly integrate AI into their operations, Cisco aims to remain competitive in the evolving tech landscape.

Intuit's stock has seen an increase following Evercore ISI's reaffirmation of an Outperform rating regarding the company's recent deal with OpenAI. This positive sentiment reflects investor confidence in Intuit's strategic move to integrate advanced AI technology into its financial products. The collaboration is expected to enhance the functionality of tools like TurboTax and Credit Karma, positioning Intuit favorably in the competitive financial technology market.

Home Depot's stock has declined following Evercore ISI's decision to maintain its rating despite the company lowering its financial guidance. The negative sentiment surrounding the stock reflects ongoing concerns about the company's performance amid a challenging economic environment. Investors are wary as Home Depot faces reduced customer demand influenced by rising prices and a sluggish housing market.