Wall Street surges as turbulence becomes the norm

FBR Capital Remains Bullish on Microsoft (MSFT) Following Cloud Momentum and Windows 10 Uptake

FBR Capital maintained an Outperform rating and $53.00 price target on Microsoft (NASDAQ: MSFT) following cloud momentum and a healthy Windows 10 uptake. Analyst Daniel Ives believes that these catalysts are setting the stage for a transformational cloud transition for Satya Nadella and company over the next few years.

Analyst Daniel Ives commented, "While market volatility and worries about China/overall growth have... More

Ambarella's (AMBA) Outperform Rating Reaffirmed at FBN Securities

FBN Securities maintained an Outperform rating on Ambarella (NASDAQ: AMBA) with a price target of $110. Analyst Shebly Seyrafi thinks shares are attractive after today's pullback.

"The company reported yet another strong quarter, with revenue up 79% Y/Y and over $2M above consensus, and NG EPS came in $.07 (9%) above consensus. The stock is looking to exhibit... More

Canaccord Genuity Cuts Price Target on Ambarella (AMBA) Following 8c EPS Beat

Canaccord Genuity reiterated a Buy rating on Ambarella (NASDAQ: AMBA), and cut the price target to $105.00 (from $122.00), following the company's 2Q16 earnings results. Revenue of $84.2M and non-GAAP EPS of $0.88 beating consensus estimates of $81.73M/$0.80. Ambarella guided for Q3/F'16 sales of $91.5M and implied non-GAAP EPS of $0.89 at the midpoints.

Analyst Matthew Ramsay commented, "Ambarella... More

Ascendiant Capital Cuts Price Target on Ambarella (AMBA) Following 2Q EPS Beat

Ascendiant Capital reiterated a Buy rating on Ambarella (NASDAQ: AMBA), and cut the price target to $105.00 (from $110.00), following the company's 2Q16 earnings results. Ambarella delivered revenue of $84.2M beating the $81.7M consensus forecast. EPS of $0.88 compared to the $0.81 Street expectation. The... More