Wall Street rises, focus turns to earnings from geopolitics
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
Citi Remains Sidelined on Microsoft (MSFT) Ahead of 3Q Release
April 18, 2018 8:04 AM EDTCiti reiterated a Neutral rating and $97.00 price target on Microsoft (NASDAQ: MSFT) ahead of the company's 3Q earnings report. Analyst Walter Pritchard sees room for slight revenue upside across all three divisions, although Citi expects much of that is priced into shares with stock... More
UnitedHealth Group (UNH) PT Raised to $300 at Cantor Fitzgerald on 1Q18 Earnings Beat; 'Strong Start to 2018'
April 17, 2018 1:18 PM EDTCantor Fitzgerald raised its price target on UnitedHealth Group (NYSE: UNH) to $300.00 (from $280.00) while maintaining a Overweight rating, following the company's first quarter earnings report.
Analyst Steven Halper notes an upbeat outlook on the shares, as UNH reported 2018 first quarter earning per share and... More
Netflix (NFLX) PT Raised to $372 at Bernstein Following 1Q
April 17, 2018 7:55 AM EDTBernstein raised its price target on Netflix (NASDAQ: NFLX) to $372.00 (from $340.00) while maintaining a Outperform rating following the company's 1Q earnings report. The combination of a double-digit price increases across 80% of their sub base, combined with some F/X help, drove Netflix revenue +43%... More
MKM Partners Reiterates Buy on Netflix, Inc. (NFLX) Following 1Q
April 17, 2018 7:24 AM EDTMKM Partners reiterated a Buy rating and $320.00 price target on Netflix (NASDAQ: NFLX) following the company's 1Q earnings report. NFLX reported another strong result and guided Q2 above consensus across key metrics. Revenue and profitability metrics were largely in line, though streaming contribution was... More
Acacia Communications (ACIA) Announces Update on U.S. Department of Commerce ZTE Statement
April 16, 2018 3:20 PM EDTAcacia Communications, Inc. (NASDAQ: ACIA) today announced that it is aware of the recent announcement that the U.S. Department of Commerce by order, effective immediately, is banning American companies from selling, exporting or re-exporting components, software and technology to Chinese telecom... More
BofA/Merrill Lynch Remains Sidelined on General Electric (GE)
April 16, 2018 8:43 AM EDTBofA/Merrill Lynch reiterated a Neutral rating and $17.00 price target on General Electric (NYSE: GE) after the company restated 16 and 17 financials to incorporate new accounting rules, which many had expected to be a negative catalyst for the stock. EPS adjustments came in line with... More

