Tech, transports drag on Wall Street; Dow hits record
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- 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
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Bristol-Myers Squibb Co. (BMY) PT Lowered to $61 at Leerink Partners
July 28, 2017 10:31 AM EDTLeerink Partners lowered its price target on Bristol-Myers Squibb Co. (NYSE: BMY) to $61.00 (from $66.00) while maintaining a Outperform rating following the company's 2Q. BMY delivered in line earnings of 74c.
Analyst Seamus Fernandez now forecasts a 9% EPS growth in 2018-22E excluding Opdivo +... More
PayPal (PYPL) PT Raised to $64 at Deutsche Bank
July 27, 2017 8:22 AM EDTDeutsche Bank raised its price target on PayPal (NASDAQ: PYPL) to $64.00 (from $61.00) while maintaining a Buy rating.
... MoreFacebook (FB) PT Raised to $215 at Deutsche Bank
July 27, 2017 8:20 AM EDTDeutsche Bank raised its price target on Facebook (NASDAQ: FB) to $215.00 (from $189.00) while maintaining a Buy rating.
Analyst Lloyd Walmsley commented, "FB delivered a major 2Q, most likely giving investors everything they could have asked for (and yet appropriately managing expects). The... More
PayPal (PYPL) PT Raised to $52 at Cowen
July 27, 2017 8:01 AM EDTCowen raised its price target on PayPal (NASDAQ: PYPL) to $52.00 (from $48.00) while maintaining a Market Perform rating. Strong 2Q results exceeded revenue estimates by ~150 bps, with a more modest EPS beat of $0.01, resulting in the second guidance raise of the year.
Cowen raised 2017 and 2018 adj. EPS estimates to $1.84 and $2.23, respectively.
... More