Wall Street ends lower on COVID-19 worries, tech weighs
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Amazon.com (AMZN) PT Raised to $3,350 at MKM Partners
July 20, 2020 8:15 AM EDTMKM Partners analyst Rohit Kulkami raised the price target on Amazon.com (NASDAQ: AMZN) to $3,350.00 (from $2,525.00) while maintaining a Buy rating.
The analyst comments "We are increasing our 2020 and 2021 Revenue & EPS estimates (again). Our 2021 Revenue estimates are now 8% above pre-Covid levels, but... More
Benchmark Reiterates Sell Rating on Netflix (NFLX), Says Fair Value under $400 'even in 2021'
July 17, 2020 7:04 AM EDTBenchmark analyst Matthew Harrigan reiterated a Sell rating and $397.00 price target on Netflix (NASDAQ: NFLX).
The analyst comments "We are maintaining our Sell rating on Netflix and $397 price target while now looking for the stock to edge below $400 and remain there even into 2021.... More
