Facebook 'likes' push Wall Street higher

UBS Remains Neutral on Abbott (ABT) Following 4Q Earnings and Conference Call

UBS maintained a Neutral rating on Abbott Labs (NYSE: ABT), and cut the price target to $41.00 (from $43.00), following the company's 4Q earnings report. Street estimates suggested a lower 2016 outlook, driven by tougher FX in geographies where ABT has fewer natural hedges. However, the volume slowdown in oildriven economies like Venezuela took another dime or so out of the 2016 EPS... More

Azure Drives Microsoft (MSFT) Growth, Raising PT - Piper Jaffray

Piper Jaffray analyst, Katherine Egbert, thinks that Microsoft (NASDAQ: MSFT) is a safe stock to own in a down market as Azure shows strong growth and Windows outperforms the PC market. Price target increases to $66.

Windows outperforms PC growth. Windows OEM revenue declined by 5% in the quarter, below the... More

Piper Jaffray Remains Sidelined After Under Armour (UA) Reports Strong Sales Driven by Footwear and Int'l Growth

Piper Jaffray reiterated a Neutral rating on Under Armour, Inc. (NYSE: UA), and raised the price target to $70.00 (from $64.00), following the company's 4Q earnings report. Sales were clearly better than anticipated, driven by footwear and international growth. The outperformance was driven in large by the introduction of the Stephen... More

FBR Capital Remains Sidelined Following Qualcomm's (QCOM) Weaker-Than-Expected Guidance

FBR Capital reiterated a Market Perform rating and $56.00 price target on Qualcomm (NASDAQ: QCOM) following the company's 4Q earnings results. QUALCOMM reported better-than-expected C4Q15 top-line results but gave weaker-than-expected 1Q16 guidance. For C4Q15, QUALCOMM reported revenue of $5.77B, ahead of the Streets $5.69B. QCT revenue was ~$4.1B, better... More

Canaccord Genuity Remains Sidelined as eBay's (EBAY) Transformation Gains Traction

Canaccord Genuity reiterated a Hold rating on eBay (NASDAQ: EBAY), and cut the price target to $26.00 (from $28.00), following the company's mixed 4Q earnings results. As GMV growth remains challenged, largely influenced by the strengthening USD. The multi-year effort to transform eBay's global listings into a... More

Jefferies Says eBay's (EBAY) Full Recovery Will Take Time - PT to $25

Jefferies reiterated a Hold rating on eBay (NASDAQ: EBAY), and cut the price target to $25.00 (from $28.00), following the company's 4Q earnings report. eBay reported net revenue of $2.32B, in line with consensus estimates at $2.32B and at the high end of guidance. Non-GAAP EPS of... More

eBay (EBAY) Slammed on Lackluster Quarter, Outlook

eBay (NASDAQ: EBAY) is down 11.4% in early trading Thursday following in-line fourth quarter but a light outlook as FX weighed.

eBay reported Q4 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of... More

Facebook's (FB) Price Target Raised to $145 at Deutsche Bank

Deutsche Bank maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $145.00 (from $125.00). The change follows strong Q4 results. Analyst Ross Sandler noted that this was Facebook's biggest upside print in three years.

"The bull case on... More

Facebook's (FB) Expense Guidance Better than Feared - Raymond James

Raymond James analyst, Aaron Kessler increased his estimates and price target on Facebook (NASDAQ: FB) after expense guidance was better than feared. 2016/2017 revenue estimates rise by 8.4%/9.5% and 2016/2017 EPS estimates increase from $3.03/$3.89 to $3.41/4.56. The price target for FB goes to $125 (~27x 2017 EPS) from $120, which implies a PEG of ~1x, with Internet companies typically trading in a range of 1-1.5x.

Facebook reported a strong 4Q marked by accelerating... More

FX Pressures eBay (EBAY) Price Target - Susquehana

Susquehana analyst, Shyam Patil, maintained his Positive rating on eBay (NASDAQ: EBAY) but reduced the price target due to FX headwinds.

Revenue of $2.32b was in line with consensus. Opex came in 2% below expectations, driving non-GAAP operating income to come in ~5%... More

Facebook (FB): Heavy Investment More than Offset By Accelerating Rev Growth - Baird

Baird analyst, Colin Sebastian, highlighted Facebook (NASDAQ: FB) as its top pick after accelerating revenue growth and margins came in ahead of expectations. No change to Outperform rating but the price target increases to $120 from $116.

Mobile momentum drove Q4 upside. Q4 revenues and EPS of $5.8 billion (+60% Y/Y ex-FX vs. +51% in 3Q15) and $0.79 were above consensus of $5.3 billion and $0.68. Key highlights include mobile ad... More

Jefferies Boosts PT on Facebook (FB) to $145

Jefferies US Internet Team reiterated a Buy rating and boosted its price target on Facebook (NASDAQ: FB) to $145.00 (from $135.00) following strong reslts.

The analysts commented: "This 2015 holiday season could be remembered as a watershed moment when advertisers truly embraced mobile... More