U.S. stocks muted as investors await wave of earnings, including big tech

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Go back to U.S. stocks muted as investors await wave of earnings, including big tech

Goldman First Take on Meta (META) Q1 2023 Earnings Report: 'expect investors to have an initial positive reaction'

April 26, 2023 4:44 PM EDT

Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and $2,455.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "We would expect investors to have an initial positive reaction to META's Q1 23 earnings report with a strong set of results that focused on a few key themes: 1) Q1... More

Evercore ISI Stays Outperform on Microsoft (MSFT): 'this announcement should not distract from the broader narrative around cloud/AI'

April 26, 2023 9:26 AM EDT

Evercore ISI analyst Kirk Materne reiterated an Outperform rating and $337.00 price target on Microsoft (NASDAQ: MSFT).

The analyst comments "In a somewhat surprising move after a lot of back/forth between the two parties, the CMA denied Microsofts acquisition of Activision based on concerns about the downstream implications on the cloud gaming market. There are a lot of potential long-term implications for tech M&A that are worth discussing at another time, but the bottom line as it relates to MSFT/ATVI is that the process from here... More