Tech, transports drag on Wall Street; Dow hits record
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- Harry and Meghan surprised by King Charles' letter on their status
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- S&P 500 falls as AI worries hit software makers
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- 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
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