Higher health stocks and falling oil leave S&P 500 flat
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Raymond James Cuts Price Target as SolarCity (SCTY) Cuts Installation Guidance
May 10, 2016 9:20 AM EDTRaymond James maintained a Strong Buy rating on SolarCity (NASDAQ: SCTY), and cut the price target to $50.00 (from $60.00), following the company's 1Q earnings report. Periodic billings revenue of $84.2 million topped estimates of $80.6 million, plus there was upfront system and incentives revenue of $38.4 million. The start to 2016 bookings was slow, largely a function of the regulatory uncertainty in... More
Piper Jaffray Remains Sidelined on Teva Pharma (TEVA) Following 1Q - PT to $58
May 10, 2016 8:04 AM EDTPiper Jaffray maintained a Neutral rating on Teva Pharma (NYSE: TEVA), and cut the price target to $58.00 (from $59.00), following the company's 1Q earnings report. TEVA reported a non-GAAP EPS of $1.20 on revenues of $4.81B, ahead of the Street's estimates of $1.17 and $4.77B, respectively. Management noted that companies with older, more commodity-focused portfolios should expect... More
Avondale Partners Downgrades SolarCity (SCTY) to Market Perform
May 10, 2016 7:45 AM EDTAvondale Partners downgraded SolarCity (NASDAQ: SCTY) from Market Outperform to Market Perform.
For an analyst ratings summary and ratings history on SolarCity click here. For more ratings news on SolarCity click here.
Shares of SolarCity closed at $22.51 yesterday.
... MoreBaird Remains Sidelined on Wayfair (W) Following 1Q Revenue Beat
May 9, 2016 2:35 PM EDTBaird maintained a Neutral rating and $50.00 price target on Wayfair (NYSE: W) following the company's 1Q earnings report. Wayfair reported revenues of $747M, ahead of the consensus estimates of $695M and guidance of $600-$700M. The beat was driven by ongoing Direct segment... More
