S&P 500 off session lows on dip buying in chips ahead of Apple, Amazon earnings

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Evercore cuts PayPal (PYPL) to In Line on margin pressure

August 4, 2023 1:50 PM EDT

Evercore 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 EDT

Citi 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