Facebook sends Nasdaq tumbling, but trade optimism boosts Dow

Go back to Facebook sends Nasdaq tumbling, but trade optimism boosts Dow

Twitter, Inc. (TWTR) PT Raised to $32 at Canaccord Genuity Following Solid 2Q

July 30, 2018 7:17 AM EDT

Canaccord Genuity raised its price target on Twitter, Inc. (NYSE: TWTR) to $32.00 (from $28.00) while maintaining a Hold rating following the company's 2Q earnings report. Twitter's Q2 financial results were generally solid, with revenue and EBITDA exceeding consensus. This was despite weaker MAU performance, which... More

United Natural Foods (UNFI) PT Lowered to $25 at Pivotal Research Following Announced Supervalu Acquisition

July 30, 2018 6:56 AM EDT

Pivotal Research lowered its price target on United Natural Foods (NASDAQ: UNFI) to $25.00 (from $33.00) while maintaining a Sell rating following the company's announced acquisition of Supervalu. The subsequent sell-off for UNFI is not an over-reaction, in analyst Ajay Jain's view. Based on the... More

Twitter, Inc. (TWTR) PT Maintained at $25 at Mizuho Securities on 2Q Report; 'Guidance Light on User Growth Opex'

July 30, 2018 6:21 AM EDT

Mizuho Securities maintained its price target on Twitter, Inc. (NYSE: TWTR) at $25.00 while maintaining a Underperform rating, following the company's second quarter earnings report.

Analyst James Lee notes no change to estimates on shares of TWTR, despite the company reporting second quarter... More

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

July 27, 2018 8:48 AM EDT

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

July 27, 2018 8:43 AM EDT

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

July 27, 2018 8:33 AM EDT

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

July 27, 2018 8:22 AM EDT

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

July 27, 2018 8:16 AM EDT

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

July 27, 2018 8:09 AM EDT

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 Oppenheimer

July 26, 2018 9:18 AM EDT

Oppenheimer lowered its price target on Facebook (NASDAQ: FB) to $200.00 (from $225.00) while maintaining a Outperform rating.

Analyst Jason Helfstein commented, "Decreasing target to $200 from $225 and maintaining our Outperform rating after Facebook reported light 2Q:18 results, challenging 2H:18 revenue outlook and expects 35% LT... More

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

July 26, 2018 9:05 AM EDT

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'

July 26, 2018 9:00 AM EDT

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

AMD (AMD) PT Raised to $20 at Mizuho Securities

July 26, 2018 8:52 AM EDT

Mizuho Securities raised its price target on AMD (NASDAQ: AMD) to $20.00 (from $17.00) while maintaining a Buy rating following results.

Analyst Vijay Rakesh commented, "AMD reported an inline JunQ and guided SepQ inline with consensus, with GM 30bps above consensus. AMD noted... More

AMD (AMD) PT Lowered to $18 at Northland Capital Markets

July 26, 2018 8:50 AM EDT

Northland Capital Markets lowered its price target on AMD (NASDAQ: AMD) to $18.00 (from $18.50) while maintaining an Outperform rating.

Analyt Gus Richard cited lackluster guidance. "Weakness in the guidance is from lower semicustom revenue as well as a fall off in Crypto... More

Qualcomm (QCOM) PT Raised to $72 at RBC Capital

July 26, 2018 8:38 AM EDT

RBC Capital raised its price target on Qualcomm (NASDAQ: QCOM) to $72.00 (from $70.00) while maintaining an Outperform rating following results.

Analyst Amit Daryanani commented, "QCOM delivered solid results and guidance, and more importantly provided better clarity on capital management."

... More