Wall Street hits record high as investors eye mergers

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The Priceline Group (PCLN) PT Lowered to $2,050 at Barclays on 3Q Report; 'Conservative Guidance as Expected but Fundamentals are Solid'

November 7, 2017 11:48 AM EST

Barclays lowered its price target on The Priceline Group (NASDAQ: PCLN) to $2,050.00 (from $2,150.00) while maintaining a Overweight rating, following the company's third quarter earnings report.

Analyst Deepak Mathivanan notes a reduced price target outlook on the shares, as the company reported third... More

Michael Kors (KORS) PT Raised to $54 at Cowen; Reiterates Market Perform

November 6, 2017 5:17 PM EST

Cowen raised its price target on Michael Kors (NYSE: KORS) to $54.00 (from $52.00) while maintaining a Market Perform rating. Amplification of product newness, substantial pullback of promotional days & inventory, new merchandise across a range of product and makes are driving healthier global growth and... More

Qualcomm (QCOM) Confirms Broadcom (AVGO) Offer, Will Assess

November 6, 2017 8:05 AM EST

Qualcomm Incorporated (NASDAQ: QCOM) confirmed that it has received a non-binding, unsolicited proposal from Broadcom Limited (NASDAQ: AVGO) to acquire all of the outstanding shares of Qualcomm for per share consideration of $60.00 in cash and $10.00 in Broadcom... More