Wall Street pulls off a rare four-day winning streak
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- S&P 500, Nasdaq set for higher open as investors weigh weaker oil, PPI data
- Oil falls on weaker demand outlook and higher US stocks
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Birkenstock surges on revenue beat, higher full-year outlook
- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
Canaccord Genuity Reiterates Buy as Broadcom Ltd. (AVGO) Reports Positive 1Q and Guidance
March 4, 2016 10:59 AM ESTCanaccord Genuity reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $185.00 (from $175.00), following the company's 1Q earnings report. Broadcom reported pro forma EPS of $2.41, above consensus' $2.30 estimates. Also 2Q non-GAAP EPS guidance of $2.38 was above Cannaccord's $2.11 estimate due to lower operating expenses, as the company has moved some legacy Broadcom businesses into discontinued... More
Deutsche Bank Reiterates Buy as Hewlett Packard Enterprise (HPE) Reports In-Line 1Q
March 4, 2016 10:01 AM EST
Deutsche Bank reiterated a Buy rating and $19.00 price target on Hewlett Packard Enterprise (NYSE: HPE), following the company's 1Q earnings report. HPE reported sales of $12.7B and EPS of $0.41, in line with Consensus at $12.7B / $0.40. Hardware sales saw another strong quarter, with... More
