S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
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- S&P 500 ends higher as CoreWeave results fuel AI optimism
- Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand
- CoreWeave soars after fifth straight quarter of record revenue, raised guide
- Four key things investors will watch in Nvidia's earnings next week
- Silver could surge to $90 as investment demand takes over, Citi says
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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