Wall Street plummets; S&P, Dow confirm correction
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Yelp (YELP) PT Lowered to $52 at BofA/Merrill Lynch
February 8, 2018 8:58 AM ESTBofA/Merrill Lynch lowered its price target on Yelp (NYSE: YELP) to $52.00 (from $55.00) while maintaining a Buy rating.
... MoreYelp (YELP) PT Lowered to $50 at Credit Suisse
February 8, 2018 8:52 AM ESTCredit Suisse lowered its price target on Yelp (NYSE: YELP) to $50.00 (from $51.00) while maintaining an Outperform rating.
Analyst P. Bieber notes strong 4Q results and revenue outlook but EBITDA guide disappoints.
'18/'19 Non-GAAP EPS ests go to $0.88/$1.46 (from $1.07/$1.40).
... MoreMorgan Stanley Remains Equalweight on Tesla (TSLA)
February 8, 2018 8:36 AM ESTMorgan Stanley reiterated an Equalweight rating and $379.00 price target on Tesla Motors (NASDAQ: TSLA) following the company's 4Q earnings report. Tesla FCF was $0.5bn above estimates, driven by working capital, customer deposits and less capex.
Tesla is targeting around 100k deliveries... More
Twitter (TWTR) Gains 25% on Strong Print
February 8, 2018 8:33 AM ESTTwitter (NYSE: TWTR) is gaining 25.5% in pre-open trade to $33.77 following better-than-expected financial results.
... MoreYelp (YELP) PT Lowered to $38 at Stifel; Investments Limit Margin Expansion
February 8, 2018 7:46 AM ESTStifel lowered its price target on Yelp (NYSE: YELP) to $38.00 (from $40.00) while maintaining a Hold rating.
Analyst John Egbert commented, "Yelp beat 4Q:17 revenue expectations and posted in-line adj. EBITDA, but guidance for 1Q / 2018 fell short of Street forecasts as the company plans significant... More
Tesla Motors (TSLA) PT Raised to $200 at Cowen; Keeps 'Underperform'
February 8, 2018 7:40 AM ESTCowen raised its price target on Tesla Motors (NASDAQ: TSLA) to $200.00 (from $170.00) while maintaining an Underperform rating.
Analyst Jeffrey Osborne commented, "Tesla reported results above expectations, bolstered by another volley from the "ZEV credit bazooka". While we are constructive on the company's opex... More
