Wall St. falls 1 percent, led by Apple, energy sector

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Go back to Wall St. falls 1 percent, led by Apple, energy sector

RBC Capital Remains Bullish on Avago Tech (AVGO) After Meeting with Management

September 11, 2015 9:36 AM EDT

RBC Capital reiterated an Outperform rating and $150.00 price target on Avago Technologies (NASDAQ: AVGO) after meeting with management. AVGO remains focused on adding capacity to meet customer demand both from their largest customers and Chinese OEMs. Analyst Amit Daryanani expects the stock to sustain its... More

Rosenblatt Reiterates Buy on Apple (AAPL) Following New Product Presentation

September 10, 2015 9:55 AM EDT

Rosenblatt reiterated a Buy rating and $140.00 price target on Apple (NASDAQ: AAPL) following the company's new product presentation. Analyst Jun Zhang believes that the rose gold iPhone and Live Photos are the two most important upgrades that would encourage iPhone 6 users to upgrade.

Zhang... More

Jefferies Cuts Price Target on Apple (AAPL) to $126 Following Sep 9th Event

September 10, 2015 9:43 AM EDT

Jefferies reiterates a Hold rating on Apple (NASDAQ: AAPL), and cut the price target to $126.00 (from $130.00), following the company's September 9th event. Analyst Sundeep Bajikar liked Apple's progress in Watch, Ipad, and TV, but was "underwhelmed" by the iPhone 6s.

Bajikar... More

UBS Reiterates Buy on Yahoo! (YHOO) Following IRS Decision

September 9, 2015 9:32 AM EDT

UBS reiterated a Buy rating and $51.00 price target on Yahoo! (NASDAQ: YHOO) following the IRS's decision to decline a private letter ruling regarding a tax-free spin-off of Alibaba (NYSE: BABA). At the same time, the IRS did not conclude that the spin-off was taxable. This should... More

Mizuho Securities Cuts Price Target on Yahoo! (YHOO) Following IRS decision

September 9, 2015 9:15 AM EDT

Mizuho Securities reiterates a Buy rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $43.00 (from $48.00), following announced IRS decision. IRS opted to not issue a tax-free ruling for the company's proposed Aabaco spin-off.

Analyst Neil Doshi commented, "After the... More

Evercore ISI Reiterates Hold on Yahoo! (YHOO) Following IRS Decision

September 9, 2015 9:08 AM EDT

Evercore ISI reiterated a Hold rating and $38.00 price target on Yahoo! (NASDAQ: YHOO) following IRS's decision to tax the company's BABA spin-off.

Analyst Ken Sena commented, "YHOO released an 8-K after the close today indicating that the IRS would not grant a... More