Dow cracks 22,000, Apple hits record high
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- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil steady 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
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- 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
Cardinal Health (CAH) PT Lowered to $77 at Cowen Following 4Q Report
August 2, 2017 4:05 PM EDTCowen lowered its price target on Cardinal Health (NYSE: CAH) to $77.00 (from $82.00) while maintaining a Market Perform rating. CAH reported adjusted EPS of $1.31 that was above the consensus estimates of $1.24, but would have missed without a tax benefit.
Management announced F2018 adjusted EPS... More
FireEye, Inc (FEYE) PT Raised to $17 at BMO Capital on 2Q Report; 'Position with Customers Continues to Improve'
August 2, 2017 10:05 AM EDTBMO Capital raised its price target on FireEye, Inc (NASDAQ: FEYE) to $17.00 (from $15.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.
Analyst Keith Bachman notes the company delivered second quarter earnings per share and revenue results above consensus... More
Apple (AAPL) PT Raised to $175 at Bernstein
August 2, 2017 8:31 AM EDTBernstein analyst Toni Sacconaghi raised his price target on Apple (NASDAQ: AAPL) to $175.00 (from $170.00) while maintaining a Outperform rating.
Sacconaghi notes solid Q3 results but said, perhaps more importantly, "revenue strength was relatively broad based, with iPad and Services revenues also eclipsing our expectations, and all product families growing."
... More