Dow, S&P 500 suffer worst one-day fall in five months as Apple drags

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Canaccord Genuity Retierates Hold Rating & $1100 PT on Alphabet (GOOGL) Ahead of 4Q Earnings Announcement on 2/1; 'Core Revenue Growth Should Stay Above 20% This Year'

January 30, 2018 12:44 PM EST

Canaccord Genuity reiterates Hold rating and price target of $1,100 on Alphabet (NASDAQ: GOOGL), ahead of the company's fourth quarter earnings announcement on February 1, after the market close.

Analyst Michael Graham notes that GOOGL "continues to dominate search" ahead of the company's fourth quarter... More

Amazon.com (AMZN) PT Maintained at $1,500 at Canaccord Genuity on 4Q Preview; 'Most Robust L-T Growth Opportunity in Internet Group'

January 30, 2018 12:20 PM EST

Canaccord Genuity maintained its price target on Amazon.com (NASDAQ: AMZN) at $1,500.00 while maintaining a Buy rating, ahead of the company's fourth quarter earnings announcement on Feb 1, after the market close.

Analyst Michael Graham suggests AMZN has the "most robust long-term growth... More

Facebook (FB) PT Maintained at $230 at Canaccord Genuity on 4Q Preview; 'Multi-Faceted Growth Story is Still Intact'

January 30, 2018 12:05 PM EST

Canaccord Genuity maintained its price target on Facebook (NASDAQ: FB) at $230.00 while maintaining a Buy rating, ahead of the company's fourth quarter earnings report.

Analyst Michael Graham notes the company's "multi-faceted growth story is still intact' ahead of the company's fourth quarter earnings... More

BofA/Merrill Lynch Reiterates Buy on Amazon (AMZN) Following Announced Health Care Partenership

January 30, 2018 11:50 AM EST

BofA/Merrill Lynch reiterated a Buy rating and $1460.00 price target on Amazon.com (NASDAQ: AMZN) following the company's announced partnership with Berkshire Hathaway and JPMorgan Chase & Co. with the goal of reducing health care costs over time. The companies state that this... More

Wells Fargo Downgrades Dr Pepper Snapple (DPS) to Market Perform; Deal Positive But Struggles with Strategic Rationale

January 30, 2018 7:22 AM EST

Wells Fargo downgraded Dr Pepper Snapple (NYSE: DPS) from Outperform to Market Perform with a price target of $124.00 (from $112.00) after the company and Keurig Green Mountain entered into an agreement that creates a new beverage company with ~$11B in combined revs Keurig Dr Pepper.

Analyst Bonnie Herzog believes the deal values DPS shares at $124/share (incl. a $103.75/shr special cash... More

Deutsche Bank Remains Sidelined on Apple (AAPL) Ahead of 1Q Release

January 30, 2018 6:54 AM EST

Deutsche Bank reiterated a Hold rating and $152.00 price target on Apple (NASDAQ: AAPL) ahead of the company's 1Q earnings report. While analyst Sherri Scribner expects AAPL's Dec Q results will be roughly in line, Scribner thinks Consensus numbers for the March and June... More

Facebook (FB) PT Maintained at $215 at Citi on 4Q Preview; Digital Agency Checks Suggest '~4% Upside to Consensus Total Revenue Estimate'

January 30, 2018 6:24 AM EST

Citi maintained its price target on Facebook (NASDAQ: FB) at $215.00 while maintaining a Buy rating, ahead of the company's earnings announcement on January 31, after the market close.

Analyst Mark May points to checks with digital ad agencies, that suggest potential 4Q ad revenue... More

Amazon.com (AMZN) PT Raised to $1,525 at Deutsche Bank on 4Q Preview; 'Rapid Growth in Highest Margin Segments & Expanding TAM'

January 30, 2018 6:10 AM EST

Deutsche Bank raised its price target on Amazon.com (NASDAQ: AMZN) to $1,525.00 (from $1,425.00) while maintaining a Buy rating, ahead of the company's fourth quarter earnings announcement on Feb. 1, after the market close.

Analyst Lloyd Walmsley notes a positive outlook on the shares, ahead of... More