Tech shares and muted GDP growth push S&P 500 to record
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Leerink Partners Cuts Price Target on Cigna Corp. (CI) to $155 Following 2Q Miss
August 1, 2016 10:10 AM EDTLeerink Partners maintained an Outperform rating on CIGNA (NYSE: CI), and cut the price target to $155.00 (from $160.00), following the company's 2Q earnings report. The company reported an EPS miss of 39c and $1.20 guide-down driven mostly by Group Life & Disability but to a lesser extent Global Healthcare.
Analyst Ana Gupte commented, "We revise our CI 2017E and 2018E EPS to $9.50 & $10.88 after a surprise miss and guide-down on Disability & Life as well as a smaller miss in Healthcare. The miss in... More
UBS Cuts Price Target on ExxonMobil (XOM) to $86; Remains Neutral
August 1, 2016 7:41 AM EDTUBS maintained a Neutral rating on ExxonMobil (NYSE: XOM), and cut the price target to $86.00 (from $90.00), following the company's 2Q earnings report and conference call.
Analyst William Featherston commented, "1) reiterated 2016 capex guidance of $23.2bn (down 25% YoY) but inferred spending would likely come in... More
Amazon (AMZN) PT Raised to $920 at Goldman Sachs
July 29, 2016 9:36 AM EDTGoldman Sachs analyst Heath Terry reiterated a Conviction Buy list rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $920.00 (from $900.00) following strong Q2 results.
Terry commented, "Amazon reported 2Q revenue of $30.4bn (+31.1% yoy vs. +28.2% in 1Q), above consensus of... More
Amazon (AMZN) PT Raised to $941 at Oppenheimer
July 29, 2016 9:12 AM EDTOppenheimer analyst Jason Helfstein reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $941.00 (from $930.00) following another strong quarter, while guidance was weaker on content investment.
Helfstein commented, "Following exceptional 2Q results on revenue & margins, we are raising our... More
