Dow, S&P gain but Nasdaq dips as healthcare lags

Go back to Dow, S&P gain but Nasdaq dips as healthcare lags

Twitter, Inc. (TWTR) PT Raised to $19 at Jefferies Following 3Q Beat

October 27, 2017 9:52 AM EDT

Jefferies raised its price target on Twitter, Inc. (NYSE: TWTR) to $19.00 (from $16.00) while maintaining a Hold rating following the company's 3Q earnings report. Revenues decreased -4% Y/Y to $590M, compared to the Street's $587M estimate. EBITDA of $207M came in ahead... More

Celgene (CELG) PT Lowered to $125 at Jefferies; Reiterates Buy

October 27, 2017 8:40 AM EDT

Jefferies lowered its price target on Celgene (NASDAQ: CELG) to $125.00 (from $160.00) while maintaining a Buy rating.

While clearly a disappointment and large market reaction, moving forward the question is what could turn this around. Analyst Michael Yee thinks at $95 (close to $80-85 no pipeline value), it's overdone in bigger picture.

... More

Twitter, Inc. (TWTR) PT Raised to $20 at Baird on 3Q Report; 'Early Signs of Growth Encouraging'

October 26, 2017 2:46 PM EDT

Baird raised its price target on Twitter, Inc. (NYSE: TWTR) to $20.00 (from $17.00) while maintaining a Neutral rating, following the company's third quarter earnings report.

Analyst Colin Sebastian comments, "Bottom line, we are more constructive on shares with improving revenue and profit... More

Amgen (AMGN) PT Lowered to $193 at Morgan Stanley Following 3Q

October 26, 2017 9:25 AM EDT

Morgan Stanley lowered its price target on Amgen (NASDAQ: AMGN) to $193.00 (from $196.00) while maintaining a Overweight rating following the company's 3Q release. Total revenues were slightly above ($5.77B vs. $5.74B cons), as were COGS (+$10M) and SG&A (+$20M), with R&D... More

Chipotle Mexican Grill (CMG) PT Lowered to $300 at Baird Following 3Q Miss

October 25, 2017 8:59 AM EDT

Baird lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $340.00) while maintaining a Neutral rating following the company's 3Q. EPS of $1.33 missed consensus on higher-than-expected food costs, one-time impacts from hurricanes, and some unexpected closing/impairment costs.

Management intends to... More