Wall St. rises as Trump touts EU trade concessions

Amazon.com (AMZN) PT Raised to $1,870 at Barclays

Barclays raised its price target on Amazon.com (NASDAQ: AMZN) to $1,870.00 (from $1,850.00) while maintaining a Overweight rating following the company's 2Q earnings report. Amazon continues to perform at a level well-above its mega cap internet peers, with revenue and OI that was in-line and 68%... More

Amazon.com (AMZN) PT Raised to $2,000 at Guggenheim

Guggenheim raised its price target on Amazon.com (NASDAQ: AMZN) to $2,000.00 (from $1,850.00) while maintaining a Buy rating following the company's 2Q earnings report. AMZN reported a strong 2Q18 that included a +39.3% revenue increase (vs. +40.1% estimates) and much better-than-expected margins/CSOI.

Prime... More

Amazon.com (AMZN) PT Raised to $2,200 at Loop Capital Following 2Q

Loop Capital raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $1,900.00) while maintaining a Buy rating following the company's 2Q earnings report. Operating margin improved 390 bps YoY to 5.6% and diluted EPS jumped 1,167.5% to $5.07, beating consensus by $2.59.

Management forecasts 3Q 2018... More

Amazon.com (AMZN) PT Raised to $2,200 at Macquarie

Macquarie raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $2,100.00) while maintaining an Outperform rating. Revenues and CSOI were 2% below and 41% above Macuarie's expectations, respectively.

On page one of a press release by AMZN, it states, We want... More

Amazon.com (AMZN) PT Raised to $2,100 at Piper Jaffray

Piper Jaffray raised its price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 (from $2,075.00) while maintaining an Overweight rating following the company's 2Q earnings report. AMZN reported revenue 1% below the Street and op income 74% above the Street. The mid-point of Q3 guidance calls for... More

Stifel Reiterates Buy on Amazon (AMZN) Following 2Q Release

Stifel reiterated a Buy rating and $2020.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 2Q earnings report. Amazons 2Q was highlighted by continued momentum across its higher-margin businesses and meaningful improvements in operational efficiency, which resulted in 2Q operating income... More

Facebook (FB) PT Lowered to $200 at Piper Jaffray on Q2 Report; 'GDPR, Promotion of Stories & FX Drive Miss, Guide Down'

Piper Jaffray lowered its price target on Facebook (NASDAQ: FB) to $200.00 (from $250.00) while maintaining a Overweight rating, following the company's second quarter earnings report and cautious forward looking commentary from management.

Analyst Michael Olson notes a negative outlook on the shares, as FB management... More

Facebook (FB) PT Lowered to $195 at Baird on Q2 Report; 'Shares are Moving to the Penalty Box'

Baird lowered its price target on Facebook (NASDAQ: FB) to $195.00 (from $210.00) while maintaining a Outperform rating, following the company's second quarter earnings report.

Analyst Colin Sebastian notes a negative outlook on the shares, as FB management disclosed to investors "a significant... More

Needham & Company Reiterates Buy on Facebook (FB) Following In-Line 2Q

Needham & Company reiterated a Buy rating and $215.00 price target on Facebook (NASDAQ: FB) following the company's 2Q earnings report. FB reported 2Q18 revenue of $13.2B (up 42% y/y and 2% above Needham's estimate), Income from Operations of $5.9B (up 33% y/y and 2% below... More

Facebook (FB) PT Lowered to $140 at Pivotal Research Following 2Q

Pivotal Research lowered its price target on Facebook (NASDAQ: FB) to $140.00 (from $142.00) while maintaining a Sell rating following 2Q. Facebooks 2Q18 revenue was up by +42% with foreign exchange contributing $370mm, or nearly +3% of the figure. Reuters consensus called for +43% revenue growth and our... More

Facebook (FB) PT Lowered to $202 at Stifel Following 2Q

Stifel lowered its price target on Facebook (NASDAQ: FB) to $202.00 (from $242.00) while maintaining a Buy rating following the company's 2Q earnings report. Facebook reported 2Q total revenue growth of +42% y/y (to $13.2B, +38% y/ y ex-FX) below the Streets +43% y/y expectation. Ad revenue... More

Susquehanna Remains Bullish on Facebook (FB) Following 2Q

Susquehanna reiterated a Positive rating and $250.00 price target on Facebook (NASDAQ: FB) following the company's 2Q.

Reported revenue was ~1% below consensus, though it appears to have been negatively impacted by approximately two points from FX. EBITDA was modestly ahead by 1%.

For an... More

Facebook (FB) PT Lowered to $220 at Wells Fargo

Wells Fargo lowered its price target on Facebook (NASDAQ: FB) to $220.00 (from $250.00) while maintaining a Outperform rating following the company's 2Q earnings report. 2Q18 results missed the Street for the first time in 12 quarters, and CFO Wehner indicated that 3Q18 and 4Q18 revenue growth... More

Facebook (FB) PT Lowered to $225 at Credit Suisse Following 2Q

Credit Suisse lowered its price target on Facebook (NASDAQ: FB) to $225.00 (from $265.00) while maintaining a Outperform rating following the company's 2Q earnings report. FB reported revenues and Adjusted EPS of $13.2b/$2.11 vs consensus estimates of $13.3b/$2.01.

3Q18 estimates for revenues, adjusted EBITDA, and... More

Facebook (FB) PT Lowered to $190 at Macquarie Following 2Q Report

Macquarie lowered its price target on Facebook (NASDAQ: FB) to $190.00 (from $220.00) while maintaining a Outperform rating following the company's 2Q. Revenues and EPS were 4.2% and $0.07 below expectations, respectively. Analyst Benjamin Schachter thinks the headlines and selloff present a buying opportunity.

Schachter suspects concerns... More