Facebook, Nike drag Wall Street lower; trade concerns linger

Verizon Communications (VZ) Appoints Daniel H. Schulman to Board

Verizon Communications Inc. (NYSE: VZ) today announced the election of Daniel H. Schulman, president and chief executive officer of PayPal Holdings, Inc., to the Verizon Board of Directors, effective September 6.

Dan is an innovative leader who brings to Verizon extensive experience as CEO of a leading mobile payments company focused on transforming financial services to make life easier for... More

Citi Remains Sidelined on Twitter (TWTR) After Meeting with Mangement

Citi analyst, Mark May, reiterated a Neutral rating and $39.00 price target on Twitter, Inc. (NYSE: TWTR) after hosting the company's CFO Ned Segal for a fireside chat. Investor interest was high and Segal highlighted the companys efforts to invest in the platform... More

Longbow Research Reiterates Buy on Western Digital (WDC)

Longbow Research analyst, Joe Wittine, reiterated a Buy rating and $100.00 price target on Western Digital Corp. (NASDAQ: WDC). NAND contract prices continued to contract in August, though declines appear well within the range of WDCs 38-39% CY3Q GM guidance.

For CY4Q... More

Long-Term Bullish Options Activity Continues in Facebook (FB), Targeting 58% Upside in Shares Through January 2020 -Susquehanna

Susquehanna options strategist Alison Edwards notes continued long-term bullish options activity in Facebook (NASDAQ: FB), an investor bought 10k Jan2020 270 Calls for $3.60. Its repeat trading with investors now long 30k of the calls (bought over past 10 days), and suggests the view that stock has increased... More

Apple (AAPL) PT Raised to $265 at DA Davidson; Reiterates Buy

DA Davidson analyst Tom Forte raised the price target on Apple (NASDAQ: AAPL) to $265.00 (from $230.00) while maintaining a Buy rating.

DA Davidson's research on its thirteenth white paper increased Forte's conviction in the company's efforts in eSport to generate incremental revenue from... More

Apple (AAPL) Sector Weight Rating Maintained at KeyBanc; 'New iPhone Lineup Should Deliver'

KeyBanc analyst Andy Hargreaves maintains a Sector Weight rating on Apple (NASDAQ: AAPL) following a preview of AAPL's upcoming iPhone Event on September 12th.

Analyst Hargreaves notes a positive outlook on the coming iPhone cycle, as AAPL is expected to... More