Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags
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Facebook (FB) PT Raised to $320 at RBC Capital
July 31, 2020 8:05 AM EDTRBC Capital analyst Mark Mahaney raised the price target on Facebook (NASDAQ: FB) to $320.00 (from $271.00) while maintaining an Outperform rating.
The analyst commented, "FB printed Better Than Hoped (BTH) Q2 results, beating RBC/Street on Revenue and Op Inc thanks to accelerated user & engagement... More
Apple (AAPL) PT Raised to $445 at RBC Capital
July 31, 2020 8:00 AM EDTRBC Capital analyst Robert Muller raised the price target on Apple (NASDAQ: AAPL) to $445.00 (from $390.00) while maintaining an Outperform rating.
The analyst commented, "AAPL's current year iPhone lineup, now supplemented by the SE, continues to top expectations and helped establish an... More
Alphabet (GOOGL) (GOOG) PT Raised to $1,850 at Susquehanna
July 31, 2020 7:17 AM EDTSusquehanna analyst Shyam Patil raised the price target on Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) to $1,850.00 (from $1,550.00) while maintaining a Positive rating.
The analyst commented, "Advertising trends improved throughout 2Q, with search ending the... More
Facebook (FB) PT Raised to $325 at Rosenblatt
July 31, 2020 6:57 AM EDTRosenblatt analyst Mark Zgutowicz raised the price target on Facebook (NASDAQ: FB) to $325.00 (from $315.00) while maintaining a Buy rating.
The analyst commented, "2Q results were solid top to bottom as DR advertisers and Facebook know no bounds. While stimulus spend fatigue... More
Amazon.com (AMZN) PT Raised to $3,700 at Mizuho Securities
July 31, 2020 6:55 AM EDTMizuho Securities analyst James Lee raised the price target on Amazon.com (NASDAQ: AMZN) to $3,700.00 (from $3,450.00) while maintaining a Buy rating.
The analyst commented, "The strength in ecommerce and advertising was better than already-high expectations. 1P revenue growth accelerated 24-points and demand for... More
Amazon.com (AMZN) PT Raised to $3,700 at Needham & Company; 'Bull Case Intact'
July 31, 2020 6:53 AM EDTNeedham & Company analyst Laura Martin raised the price target on Amazon.com (NASDAQ: AMZN) to $3,700.00 (from $3,200.00) while maintaining a Buy rating.
The analyst commented, "AMZN reported strong 2Q20 results at Net Sales of $88.9B (up 40% y/y and 11% above our... More
