U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.26%
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January 25, 2024 10:00 AM EST
According to a report from The Verge, Microsoft (NASDAQ: MSFT) is laying off 1,900 workers at Activision Blizzard and Xbox this week.
A memo from Microsoft Gaming CEO Phil Spencer, seen by the publication, says the layoffs will primarily be at Activision... More
January 25, 2024 9:03 AM EST
Tigress Financial Partners analyst Ivan Feinseth raised the price target on Verizon Communications (NYSE: VZ) to $50.00 while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on VZ and increase our 12-month target price to $50 as 2023 was highlighted by strong subscriber and cash flow growth, completing a turnaround, and should see further acceleration in 2024, driving a recovery in revenue and cash flow growth, which, combined with its significant dividend yield, will continue to create a compelling investment opportunity. VZ recently reported Q4 results highlighting strong subscriber and cash flow growth... More
January 25, 2024 8:15 AM EST
Citi analyst Jason Bazinet raised the price target on Netflix (NASDAQ: NFLX) to $555.00 (from $500.00) while maintaining a Neutral rating.
The analyst comments "Netflix reported 4Q23 revenue, operating income, and net additions above consensus. Along with the print, management guided 1Q24 revenue of $9.24 billion,... More
