Wall Street mints records after Fed, strong earnings
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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
Boeing (BA) PT Raised to $215 at Canaccord Genuity on 2Q Report; 'Guidance Raise, Strong Execution'
July 27, 2017 12:06 PM EDTCanaccord Genuity raised its price target on Boeing (NYSE: BA) to $215.00 (from $200.00) while maintaining a Hold rating, following the company's second quarter earnings report.
Analyst Ken Herbert notes the company delivered second quarter earnings per share results above consensus projections fueled by... More
McDonald's (MCD) PT Raised to $160 at UBS
July 26, 2017 9:00 AM EDTUBS raised its price target on McDonald's (NYSE: MCD) to $160.00 (from $143.00) while maintaining a Neutral rating following the company's 2Q earnings report. MCD reported 2Q EPS of $1.70, ahead of the consensus estimate of $1.62.
UBS raised 2017 EPS estimates to $6.58. 2018 estimates were also raised to... More
Amgen (AMGN) PT Raised to $180 at UBS Following Solid 2Q
July 26, 2017 8:34 AM EDTUBS raised its price target on Amgen (NASDAQ: AMGN) to $180.00 (from $175.00) while maintaining a Neutral rating. 2Q results were better than expectations with a $145M top-line beat. EPS also beat consensus estimates by $0.18.
UBS increased 2017 Enbrel sales estimates to $5.38B from $5B... More
Akamai Technologies (AKAM) PT Lowered to $54 at RBC Capital; Reiterates Sector Perform
July 26, 2017 8:04 AM EDTRBC Capital lowered its price target on Akamai Technologies (NASDAQ: AKAM) to $54.00 (from $58.00) while maintaining a Sector Perform rating following the company's 2Q. Revenue of $609MM came in above the Street's estimates of $605, with upside coming from the Media Delivery segment.
Q3 Revenue and... More
Akamai Technologies (AKAM) PT Lowered to $48 at Morgan Stanley
July 26, 2017 7:57 AM EDTMorgan Stanley lowered its price target on Akamai Technologies (NASDAQ: AKAM) to $48.00 (from $52.00) while maintaining a Underweight rating.
... More