Wall Street falls as China virus reaches the U.S.
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
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- Alan Greenspan, influential former Federal Reserve chair, dies at 100
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- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
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- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Casino Stocks Pressured Again on Virus Concerns
January 23, 2020 6:51 AM ESTCasinos with exposure to China continue to face fallout from concerns about the Wuhan coronavirus. U.S. listed companies Wynn Resorts Ltd (NASDAQ: WYNN) and Las Vegas Sands (NYSE: LVS) were set to open lower again Thursday, extending recent... More
UPDATE: UBS Resumes Tesla (TSLA) at Sell
January 23, 2020 4:35 AM EST(Updated - January 23, 2020 6:50 AM EST)
(updating comment)
UBS analyst Colin Langan raised the price target on Tesla (NASDAQ: TSLA) to $410.00 (from $160.00) while maintaining a Sell rating as he resumes coverage of the auto maker.
The analyst comments "We take... More
IBM (IBM) PT Raised to $125 at Societe Generale, Reiterates Sell
January 22, 2020 7:57 AM ESTSociete Generale analyst Richard Nguyen raised the price target on IBM (NYSE: IBM) to $125.00 while maintaining a Sell rating.
Says 'a quarter does not make a trend."... MoreIBM (IBM) PT Raised to $164 at Morgan Stanley
January 22, 2020 6:40 AM ESTMorgan Stanley analyst Katy Huberty raised the price target on IBM (NYSE: IBM) to $164.00 (from $155.00) while maintaining a Equalweight rating.
The analyst comments "4Q showcased Red Hat synergies and budget flush but higher levels of investment in 2020 pressure PTI and FCF guidance relative to consensus... More
IBM (IBM) PT Raised to $138 at Cantor Fitzgerald
January 22, 2020 6:37 AM ESTCantor Fitzgerald analyst Drew Kootman raised the price target on IBM (NYSE: IBM) to $138.00 (from $133.00) while maintaining a Neutral rating.
The analyst comments "We view a return to consistent organic growth and margin expansion as necessary for sustainable multiple expansion from current levels.... More
