Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags
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July 31, 2020 8:05 AM EDT
RBC 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
July 31, 2020 8:00 AM EDT
RBC 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
July 31, 2020 7:17 AM EDT
Susquehanna 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
July 31, 2020 6:57 AM EDT
Rosenblatt 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
July 31, 2020 6:55 AM EDT
Mizuho 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
July 31, 2020 6:53 AM EDT
Needham & 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
