Wall Street ends bumpy week, strong first half with modest gain
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Nike (NKE) PT Lowered to $69 at DA Davidson Following 4Q Beat; 'FY18 Guidance Calls for Continued Growth Despite Formidable $700M FX Headwind
July 3, 2017 8:55 AM EDTDA Davidson lowered its price target on Nike (NYSE: NKE) to $69.00 (from $70.00) while maintaining a Buy rating, following the company's fourth quarter earnings announcement.
Analyst Andrew Burns notes the company delivered fourth quarter earnings per share and revenues above consensus estimates, while management... More
Nike (NKE) PT Raised to $64 at UBS Following 4Q EPS Beat
June 30, 2017 7:38 AM EDTUBS raised its price target on Nike (NYSE: NKE) to $64.00 (from $62.00) while maintaining a Buy rating. Nike beat F4Q EPS estimates with $0.60 compared with the Street's $0.50, on mixed quality.
NKE did the right thing by guiding FY18 revenues below its LT... More
