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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Meta Platforms Inc. (FB) PT Lowered to $280 at UBS
February 3, 2022 5:57 AM ESTUBS analyst Lloyd Walmsley lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $280.00 (from $400.00) while maintaining a Buy rating.
The analyst comments "Meta produced decent 1Q ad revs but shocked us with a weak 1Q outlook and a step function increase in... More
Citi Reiterates Neutral Rating on Meta Platforms Inc. (FB)
February 3, 2022 5:47 AM ESTCiti analyst Jason Bazinet reiterated a Neutral rating and $330.00 price target on Meta Platforms Inc. (NASDAQ: FB)
The analyst comments "FB reported a slight 4Q21 revenue beat with total revenue up 20% y/y. However, the companys operating margin of 37% was below the... More
Meta Platforms Inc. (FB) PT Lowered to $375 at Oppenheimer
February 3, 2022 4:10 AM ESTOppenheimer analyst Jason Helfstein lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $375.00 (from $405.00) while maintaining a Outperform rating.
The analyst comments "Reducing target to $375 from $405, on lower estimates as the IDFA workaround is taking longer than expected, combined with... More
