Wall Street slips as Fed holds on rates; financials rise
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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
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- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
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- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Delphi Automotive PLC (DLPH) PT Raised to $106 at Jefferies; Reiterates Buy
May 4, 2017 9:28 AM EDTJefferies raised its price target on Delphi Automotive PLC (NYSE: DLPH) to $106.00 (from $100.00) while maintaining a Buy rating. 1Q adjusted EPS of $1.59 beat the consensus estimate of $1.46, driven by both sales and EBIT margin upside.
DLPH's expected Powertrain spin-off further shifts focus to... More
New York Times (NYT) PT Raised to $15 at Jefferies
May 4, 2017 8:40 AM EDTJefferies raised its price target on New York Times (NYSE: NYT) to $15.00 (from $12.00) while maintaining a Hold rating.
... MoreApple (AAPL) PT Raised to $130 at Deutsche Bank Following 2Q
May 3, 2017 10:20 AM EDTDeutsche Bank raised its price target on Apple (NASDAQ: AAPL) to $130.00 (from $125.00) while maintaining a Hold rating.... More
Gilead Sciences (GILD) PT Raised to $76 at BMO Capital Following 1Q
May 3, 2017 9:17 AM EDTBMO Capital raised its price target on Gilead Sciences (NASDAQ: GILD) to $76.00 (from $75.00) while maintaining a Market Perform rating. GILD reported 1Q revenues of $6.5bn, below the Street's estimates of $6.62bn, as continued strength from HIV could not off-set further deterioration in HCV.
GILD... More
Buy Apple (AAPL) on Weakness, Morgan Stanley Says; 'Better than Expected Margin Guidance Clears Path to Supercycle'
May 3, 2017 8:41 AM EDTMorgan Stanley analyst Katy Huberty is urging clients to buy Apple (NASDAQ: AAPL) weakness and sees a clear path to $190 per share.
Huberty said the better than feared June gross margin guidance clears the path to the iPhone cycle with... More
Apple (AAPL) Remains Most Underappreciated Stock - Drexel Hamilton
May 3, 2017 8:31 AM EDTDrexel Hamilton analyst Brian White reiterated his Buy rating and $185 price target on Apple (NASDAQ: AAPL) following solid execution in seasonal weak quarter. He sees investors focused on the iPhone 8 this fall.
White commented, "Looking forward, we believe investors will be... More
BMO Capital Reiterates Outperform on Apple (AAPL) Following Mixed 2Q
May 3, 2017 7:54 AM EDTBMO Capital reiterated an Outperform rating and $160.00 price target on Apple (NASDAQ: AAPL) following the company's 2Q earnings report. Apple reported mixed results for both headline and underlying numbers. Revenue and EPS were $52.9 billion and $2.10, compared with the consensus estimates for $53.0 billion and... More
