Qualcomm, PayPal and Roku fall premarket; DoorDash, Moderna rise
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Evercore cuts PayPal (PYPL) to In Line on margin pressure
August 4, 2023 1:50 PM EDTEvercore ISI downgraded PayPal (NASDAQ: PYPL) to an In Line rating (From: Outperform) and cut their 12-month price target on the stock to $65.00 (From $85.00) based on a 2024 target price-to-earnings (PE) ratio of 12, down from 15.
The financial tech and payments company released their 2@ earnings... More
Citi Opens Catalyst Watch on Apple (AAPL) Ahead of September iPhone 15 Launch
August 4, 2023 4:27 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $240.00 price target on Apple (NASDAQ: AAPL)
Opening Upside 90-Day Catalyst Watch
The analyst comments "We are opening a 90D positive Catalyst Watch ahead of Apples expected iPhone 15 series... More
Roku (ROKU) revenue reacceleration priced in, Citi sees limited upside from here
August 3, 2023 10:48 AM EDTRoku (NASDAQ: ROKU) was cut to Neutral from Buy at Citi on Thursday, with analyst Jason Bazinet raising the firm's price target on the stock to $100 from $75 per share.
Bazinet stated that his firm is moving to the sidelines as they feel... More
