S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
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- S&P 500 dips, Nasdaq higher after data shows moderate inflation rise
- Equity positioning stays overweight, but summer extremes have eased: Barclays
- Oil prices rise by about $1/bbl on stalled US-Iran talks and tight fuel markets
- Micron reports Q4 today: Why Lynx Equity sees massive upside
- Moderna: Citi says oncology optimism is priced in, cuts rating to sell
- Salesforce agrees to acquire AI research platform Listen Labs
- Workday cuts 2.5% of workforce, revises GAAP margin outlook
- Zimbabwe helicopter crash kills six, government spokesperson says
- Apple's iOS 27 is blocking Trade Desk ads on Safari, analyst says
- S&P 500 dips, Nasdaq higher after data shows moderate inflation rise
Imperial Capital Reiterates Outperform on Netflix (NFLX) After Updating Estimates
November 16, 2018 9:12 AM ESTImperial Capital analyst, David Miller, reiterated an Outperform rating and $459.00 price target on Netflix (NASDAQ: NFLX) after updating estimates. For 2018, Miller raised estimates to account for higher subscriber retention and new additions. For 2019, Imperial Capital modestly lowered estimates to account for a... More
NVIDIA (NVDA) PT Lowered to $245 at JPMorgan
November 16, 2018 9:03 AM ESTJPMorgan analyst Harland Sur lowered the price target on NVIDIA (NASDAQ: NVDA) to $245.00 (from $255.00) while maintaining an Overweight rating.
Sur notes the near-term softness on excess channel inventory but said secular growth in datacenter and gaming is still intact.
... MoreNordstrom (JWN) PT Lowered to $73 at Goldman Sachs; Maintains Top Rating
November 16, 2018 9:01 AM ESTGoldman Sachs analyst Alexandra Walvis lowered the price target on Nordstrom (NYSE: JWN) to $73.00 (from $74.00) while maintaining a Conviction Buy rating following "noisy" Q3 results.
Walvis said the underlying thesis is still intact. "While a 3Q shortfall in full price comps and gross... More
Applied Materials (AMAT) PT Lowered to $56 at KeyBanc
November 16, 2018 8:54 AM ESTKeyBanc analyst Weston Twigg lowered the price target on Applied Materials (NASDAQ: AMAT) to $56.00 (from $71.00) while maintaining a Overweight rating.
Twigg commented, "AMAT posted in-line F4Q results but offered soft F1Q guidance as all segments will likely decline sequentially. Still, AMAT noted... More
Applied Materials (AMAT) PT Lowered to $59 at Credit Suisse
November 16, 2018 8:44 AM ESTCredit Suisse analyst John Pitzer lowered the price target on Applied Materials (NASDAQ: AMAT) to $59.00 (from $73.00) while maintaining a Outperform rating.
... More