Slump in Facebook, Apple raises prospects of tech rally brake
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Amazon.com (AMZN) PT Maintained at $1,220 at BofA/Merrill Lynch on 3Q Beat; 'Revenue Beat Across the Board, Profit Beat from AWS'
December 1, 2017 9:30 AM ESTBofA/Merrill Lynch maintained its price target on Amazon.com (NASDAQ: AMZN) at $1,220.00 while maintaining a Buy rating, following the company's third quarter earnings report.
Analyst Justin Post notes the company reported third quarter earnings per share and revenues above consensus projections driven strong... More
Netflix (NFLX) PT Raised to $225 at BofA/Merrill Lynch on 3Q Revenue Beat; 'Price Increases not Stopping the International Sub Machine'
December 1, 2017 8:51 AM ESTBofA/Merrill Lynch raised its price target on Netflix (NASDAQ: NFLX) to $225.00 (from $199.00) while maintaining a Buy rating, following the company's third quarter earnings report.
Analyst Nat Schindler notes a positive outlook on the shares, as the company reported third quarter revenues above consensus... More
Morgan Stanley Reiterates Overweight on Facebook (FB)
December 1, 2017 8:10 AM ESTMorgan Stanley reiterated an Overweight rating and $200.00 price target on Facebook (NASDAQ: FB). Analyst Brian Nowak details FB Watch and '18 video engagement/rev/spend. The base case is for Watch to grow to 6% of core FB mins, leading to $565mn of rev... More
Morgan Stanley Remains Bullish on Amazon (AMZN) Following Annual Conference
December 1, 2017 7:58 AM ESTMorgan Stanley reiterates an Overweight rating and $1250.00 price target on Amazon.com (NASDAQ: AMZN) following the company's AWS' 6th Annual re:Invent conference. Cloud and AWS interest continues to grow, as this year's conference was bigger than ever with 43k+ AWS... More
Apple (AAPL) PT Maintained at $215 at Guggenheim; 'Revisiting Services with Upside Potential in AR Apps and Original Programming'
December 1, 2017 6:15 AM ESTGuggenheim maintained its price target on Apple (NASDAQ: AAPL) at $215.00 while maintaining a Buy rating, following a review of the company's Augmented Reality apps and Original Programming initiatives.
Analyst Robert Chira notes a slight increase in estimates, suggesting this iPhone... More
