After-Hours Movers: Amazon, Apple Gain Post EPS; Roku, Intel Plunge
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Intel (INTC) PT Lowered to $37 at Jefferies on Miss
July 29, 2022 8:10 AM EDTJefferies analyst Mark Lipacis lowered the price target on Intel (NASDAQ: INTC) to $37.00 (from $48.00) while maintaining a Hold rating.
The analyst commented, "INTC missed Q2/Q3 EPS by 59%/60%. Q2 GM dropped to mid-40s, its server CPU is delayed, and Data Center... More
Roku Inc. (ROKU) PT Lowered to $100 at Rosenblatt, 'Off The Mat in 2023 and Beyond'
July 29, 2022 7:48 AM EDTRosenblatt analyst Barton Crockett lowered the price target on Roku Inc. (NASDAQ: ROKU) to $100.00 (from $187.00) while maintaining a Buy rating saying despite a weak Q2 they see a better 2023 and beyond.
The analyst commented, "Roku's 2Q22 featured ad recession headwinds that as the earnings cycle... More
Roku (ROKU) Sell-Off 'Overdone' - Needham & Company
July 29, 2022 7:37 AM EDTNeedham & Company analyst Laura Martin lowered the price target on Roku Inc. (NASDAQ: ROKU) to $95.00 (from $205.00) while maintaining a Buy rating following results. The analyst sees the after-hours sell-off as 'overdone'. She cites:
Roku is down 25% on its 2Q22 earnings, which we... More
DexCom (DXCM) PT Lowered to $105 at Oppenheimer; 'Buying on Weakness'
July 29, 2022 7:25 AM EDTOppenheimer analyst Steven Lichtman lowered the price target on DexCom (NASDAQ: DXCM) to $105.00 (from $525.00) while maintaining an Outperform rating following weak results. The analyst is buying on weakness.
The analyst commented, "DexCom's 2Q22 sales of $696.2M (+17% y/y) slightly lagged our/Street's... More
Needham & Company 'Buying Weakness' in Intel (INTC)
July 29, 2022 7:11 AM EDTNeedham & Company analyst N. Quinn Bolton reiterated a Buy rating and $40.00 price target on Intel (NASDAQ: INTC), telling clients to buy the weakness after dismal results and guidance.
The analyst commented, "Intel's 2Q22 results and updated full-year guidance were disappointing. However, in the... More
Apple (AAPL) PT Raised to $185 at Citi, '5 Reasons To Buy The Stock'
July 29, 2022 6:20 AM EDTCiti analyst Jim Suva raised the price target on Apple (NASDAQ: AAPL) to $185.00 (from $175.00) while maintaining a Buy rating.
The analyst comments "While investors were concerned about the general slowdown in consumer spending, Apple posted an all-time high over 1.8 billion installed... More
Amazon.com (AMZN) PT Raised to $185 at JPMorgan, Remains Top Pick
July 29, 2022 4:07 AM EDTJPMorgan analyst Doug Anmuth raised the price target on Amazon.com (NASDAQ: AMZN) to $185.00 (from $175.00) while maintaining a Overweight rating.
The analyst comments "We reiterate our Overweight rating & AMZN remains our Top Pick. AMZNs 2Q results came in just ahead of the high end... More
