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- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Axsome Therapeutics (AXSM) PT Raised to $380 at Jefferies
Apple (AAPl) PT Maintained at $200 at Baird on FQ3 Preview; 'Services and iPhone ASP to Headline Results'
July 31, 2018 7:28 AM EDTBaird maintained its price target on Apple (NASDAQ: AAPl) at $200.00 while maintaining a Outperform rating, ahead of the company's thid quarter earnings report.
Analyst William Power notes expectations for 'solid FQ3 results' while AAPL investor will be focused on FQ4 guidance... More
William Blair Remains Bullish on AbbVie (ABBV) Following 2Q Beat
July 30, 2018 8:45 AM EDTWilliam Blair reiterated an Outperform rating and $127.00 price target on Abbvie (NYSE: ABBV) following the company's 2Q earnings report. Revenues for the quarter were $8.3 billion, beating consensus of $8.2 billion. Non-GAAP EPS were $2.00, above consensus of $1.97.
Management issued updated guidance for 2018 non-GAAP EPS of $7.76 to $7.86... More
Twitter, Inc. (TWTR) PT Raised to $32 at Canaccord Genuity Following Solid 2Q
July 30, 2018 7:17 AM EDTCanaccord 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
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 EDTMizuho 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 $2,130 at Oppenheimer
July 27, 2018 9:40 AM EDTOppenheimer raised its price target on Amazon.com (NASDAQ: AMZN) to $2,130.00 (from $1,750.00) while maintaining a Outperform rating.
Analyst Jason Helfstein commented, "We are increasing our target to $2,130 from $1,750, and maintaining our Outperform rating after AMZN reported better than expected margins and slightly... More
Amazon.com (AMZN) PT Raised to $2,250 at Susquehanna
July 27, 2018 8:51 AM EDTSusquehanna raised its price target on Amazon.com (NASDAQ: AMZN) to $2,250.00 (from $2,000.00) while maintaining a Positive rating.
Analyst Shyam Patil commented, "AWS and Advertising drive impressive 2Q profitability with a continued strong 3Q outlook."
... MoreAmazon.com (AMZN) PT Raised to $1,870 at Barclays
July 27, 2018 8:48 AM EDTBarclays 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 EDTGuggenheim 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 EDTLoop 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 $2,250 at BMO Capital
July 27, 2018 8:27 AM EDTBMO Capital raised its price target on Amazon.com (NASDAQ: AMZN) to $2,250.00 (from $2,000.00) while maintaining a Outperform rating.
Analyst Daniel Salmon commented, "This was the most profitable quarter in AMZN's history as operating margins expanded 400bps YoY and broke 5%. While we don't model... More
Amazon.com (AMZN) PT Raised to $2,200 at Macquarie
July 27, 2018 8:22 AM EDTMacquarie 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 $2,110 at Wells Fargo
July 27, 2018 8:19 AM EDTWells Fargo raised its price target on Amazon.com (NASDAQ: AMZN) to $2,110.00 (from $1,875.00) while maintaining an Outperform rating.
Analyst Ken Sena commented, "Amazon reported another very strong quarter with gross profit and CSOI exceeding our expectations by 2% and 40%, respectively. Across its segment... More
Amazon.com (AMZN) PT Raised to $2,100 at Piper Jaffray
July 27, 2018 8:16 AM EDTPiper 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
Amazon.com (AMZN) PT Raised to 'Street High' $2,300 at Monness, Crespi, Hardt
July 27, 2018 8:15 AM EDTMonness, Crespi, Hardt raised its price target on Amazon.com (NASDAQ: AMZN) to $2,300.00 (from $2,200.00) while maintaining a Buy rating. The new target matches a 'Street High'.
Analyst Brian White commented, "Last night, Amazon delivered big 2Q:18 EPS upside and provided a strong 3Q:18... More
Stifel Reiterates Buy on Amazon (AMZN) Following 2Q Release
July 27, 2018 8:09 AM EDTStifel 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
Intel (INTC) PT Raised to $46 at Northland Capital Markets; Keeps 'Underperform' as Tank is 'Nearly Empty'
July 27, 2018 8:09 AM EDTNorthland Capital Markets raised its price target on Intel (NASDAQ: INTC) to $46.00 (from $45.00) while maintaining an Underperform rating.
Analyst Gus Richard commented, "... manufacturing issues, design environment issues, increasing competition and declining gross margin point toward an earnings growth tank that is nearing empty."
... More
