S&P 500 nears record high on trade progress, upbeat Intel earnings

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Alphabet (GOOGL) PT Raised to $1,450 at Mizuho Securities

October 29, 2019 7:28 AM EDT

Mizuho Securities analyst James Lee raised the price target on Alphabet (NASDAQ: GOOGL) to $1,450.00 (from $1,400.00) while maintaining a Buy rating following the company's 3Q report. Google reported strong core website revenues with growth accelerating nearly 100bps FXN, consistent with agency checks.

US revenue growth... More

Merck (MRK) Tops Q3 EPS by 27c, Revenues Beat; Narrows & Raises FY19 EPS/Revenue Above Consensus

October 29, 2019 6:47 AM EDT

Merck (NYSE: MRK) reported Q3 EPS of $1.51, $0.27 better than the analyst estimate of $1.24. Revenue for the quarter came in at $12.4 billion versus the consensus estimate of $11.63 billion.

Third-Quarter 2019 Worldwide Sales Were $12.4 Billion, an Increase of 15%; Sales Increased 16% Excluding Impact from Foreign Exchange; Growth Driven by Oncology and Human Health VaccinesKEYTRUDA Sales Grew 62% to $3.1 Billion;... More

Needham & Company Reiterates Hold Rating on Intel (INTC) Following 3Q Beat

October 25, 2019 7:55 AM EDT

Needham & Company analyst N. Quinn Bolton reiterated a Hold rating on Intel (NASDAQ: INTC) following the company's 3Q report. 3Q19 revenue of ~$19.2bn set a quarterly record, beating guidance by ~$1.2bn; record revenue came from DCG, NSG, IOTG and Mobileye.

INTC guided 4Q19... More