Wall Street falls as China virus reaches the U.S.
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January 23, 2020 6:51 AM EST
Casinos 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
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
January 22, 2020 7:57 AM EST
Societe 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."...
More
January 22, 2020 6:40 AM EST
Morgan 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
January 22, 2020 6:37 AM EST
Cantor 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
