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Baird
/ bɛəd /
noun
John Logie (ˈləʊɡɪ). 1888–1946, Scottish engineer: inventor of a 240-line mechanically scanned system of television, replaced in 1935 by a 405-line electrically scanned system
Example Sentences
Baird initiated coverage with an Outperform rating and a $365 price target, projecting a 25% rise for Oracle stock.
Baird initiated coverage on Oracle stock Wednesday evening, rating it at Outperform with a $365 price target, suggesting the stock could rise 25% from the price early Thursday.
That reflects Baird’s optimism that Oracle will continue to see gains and capitalize on AI-fueled demand for computing power.
With revenue increasingly shifting towards its cloud computing segment, Baird sees a path toward revenue growth of 20% by fiscal 2027.
“The thing that is on everyone’s mind is: What is the business and the profitability of AI?” said Michael Antonelli, a market strategist at Baird.
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