Wall Street gains on strong earnings, tech resurgence
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- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
AMD (AMD) PT Maintained at $27 at Rosenblatt on 1Q Beat & Raise; 'More Momentum... Ryzen CPU Cycle May Last for Years'
April 26, 2018 9:23 AM EDTRosenblatt maintained its price target on AMD (NASDAQ: AMD) at $27.00 while maintaining a Buy rating, following the company's first quarter earnings report.
Analyst Hans Mosesmann notes a positive outlook on the shares, as AMD reported 2018 first quarter earnings per share and revenue results above... More
Bernstein Remains Sidelined on Advanced Micro Devices (AMD) Following Strong 1Q
April 26, 2018 8:38 AM EDTBernstein reiterated a Market Perform rating and $13.00 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 1Q earnings report. Results were very strong at $1.65B/$0.11 vs consensus $1.57B/$0.09.
Overall the company is finally beginning to show some product inflection to... More
Qualcomm (QCOM) PT Lowered to $70 at RBC Capital
April 26, 2018 8:34 AM EDTRBC Capital lowered its price target on Qualcomm (NASDAQ: QCOM) to $70.00 (from $75.00) while maintaining a Outperform rating.
... MoreTwitter, Inc. (TWTR) PT Raised to $39 at JPMorgan, Says Buy On Weakness
April 26, 2018 8:18 AM EDTJPMorgan raised its price target on Twitter, Inc. (NYSE: TWTR) to $39.00 (from $36.00) while maintaining a Overweight rating.
... MoreQualcomm (QCOM) PT Lowered to $55 at Deutsche Bank
April 26, 2018 7:48 AM EDTDeutsche Bank lowered its price target on Qualcomm (NASDAQ: QCOM) to $55.00 (from $60.00) while maintaining a Hold rating.
Analyst Ross Seymore commented, "While QCOMs QCT segment was solid in F2Q and much better than feared in F3Q (seasonally normal), uncertainties... More
