Rosenblatt analyst Kevin Cassidy upgraded Blaize (BZAI) to Buy from Neutral with a $6 price target after the company announced a second large agreement to deploy AI infrastructure in Asia. The firm, which says it is “impressed” with Blaize’s edge AI technology, is increasing its estimates, adding that the company is closing agreements that are both larger and earlier than the firm had expected.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BZAI: