Nasdaq Futures Down 185 Pts; Weak Reports From Alphabet, Microsoft Weigh

Mattel Inc. (MAT) PT Lowered to $30 at BMO Capital

BMO Capital analyst Gerrick Johnson lowered the price target on Mattel Inc. (NASDAQ: MAT) to $30.00 (from $32.00) while maintaining a Outperform rating.

The analyst commented, "MAT's 3Q22 EPS results exceeded estimates but were overshadowed by a reduction in 2022 guidance owing to FX and a... More

Goldman Comments on Meta Platforms (META) Q3 2022 Earnings

Goldman Sachs analyst Eric Sheridan comments "We would expect investors to have an initial negative reaction to META's Q3 22 earnings report with a mixed set of results. On the positive, FX-neutral advertising revenue growth of +3% YoY was better than feared and in the top end of the guided range. In... More

JPMorgan Summary of Meta Platforms (META) Q3 2022 Earnings

JPMorgan analyst Jack Atherton comments "META (-11% post mkt): Q3 revenue +2% FXN vs whispers +LSD%. Reported revenue $27.7b (-4%) vs guide $26.0- 28.5b. Family DAPs 2.93b vs Q2 2.88b; Facebook DAUs 1.98b vs Q2 1.97b. EPS $1.64 vs St $1.90. On the outlook, mgmt guiding to Q4 $30.0-32.5b... More

Microsoft (MSFT) PT Lowered to $285 at Rosenblatt

Rosenblatt analyst Blair Abernethy lowered the price target on Microsoft (NASDAQ: MSFT) to $285.00 (from $300.00) while maintaining a Buy rating following earnings.

The analyst commented, "After market on Tuesday, Microsoft reported Q1 results, with revenue of $50.1b, ~1% above consensus and our estimates. Microsoft... More

Alphabet (GOOGL) PT Lowered to $135 at Monness, Crespi, Hardt

Monness, Crespi, Hardt analyst Brian White lowered the price target on Alphabet (NASDAQ: GOOGL) to $135.00 (from $145.00) while maintaining a Buy rating.

The analyst commented, "Alphabet reported lackluster 3Q:22 results in a very treacherous digital ad market and is taking steps to... More

Alphabet (GOOGL) PT Lowered to $130 at Rosenblatt

Rosenblatt analyst Barton Crockett lowered the price target on Alphabet (NASDAQ: GOOGL) to $130.00 (from $156.00) while maintaining a Buy rating.

The analyst commented, "Alphabet followed Snap into the 3Q22 wind tunnel of strengthening macro headwinds. We assume this persists for a few quarters, before... More

Texas Instruments (TXN) PT Raised to $186 at Jefferies; 'Buyers Post Print'

Jefferies analyst Mark Lipacis raised the price target on Texas Instruments (NASDAQ: TXN) to $186.00 (from $175.00) while maintaining a Buy rating.

The analyst commented, "We are buyers of TXN post its 3Q print (3Q: 3% beat/4Q: 12% miss). We think TXN has 3 things working for... More