Dow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts to Q2 earnings
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- S&P 500, Dow set to open lower as Gulf tensions send oil to over six-week high
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- Trump says Canada's Bombardier must build jets in US or lose market access
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- European shares subdued as surging crude sharpens focus on ECB rate path
- S&P 500, Dow set to open lower as Gulf tensions send oil to over six-week high
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Rosenblatt Cautious on Netflix (NFLX): 'Data suggests US slowdown'
July 17, 2024 6:36 AM EDTRosenblatt analyst Barton Crockett reiterated a Neutral rating and $554.00 price target on Netflix (NASDAQ: NFLX)
The analyst comments "Data suggests US slowdown -- When we review US weekly minutes for Netflix shows in the Nielsen US top 10, we see a 5% Y/Y decline... More
Netflix (NFLX) PT Raised to $735 at Guggenheim
July 17, 2024 6:12 AM EDTGuggenheim analyst Michael Morris raised the price target on Netflix (NASDAQ: NFLX) to $735.00 (from $700.00) while maintaining a Buy rating.
The analyst comments "Netflix is the streaming leader and the market treats the stock accordingly. What dont we know yet? What makes it go higher or lower? Member... More
Jefferies Resumes Home Depot (HD) at Buy
July 16, 2024 3:29 PM EDTJefferies analyst Jonathan Matuszewski resumes coverage on Home Depot (NYSE: HD) with a Buy rating and a price target of $426.00.
The analyst comments "We are reinstating our BUY rating and updating estimates following the SRS acquisition. PT Update: $426 based... More
Barclays Agrees With Consensus Positive Sentiment on Netflix (NFLX)
July 16, 2024 10:31 AM EDTBarclays Agrees With Consensus Positive Sentiment on Netflix (NASDAQ: NFLX)
The analyst comments "Netflix appears to be on course to beat subscriber expectations significantly again in 2Q and the stock seems to have reacted to that already. The fact that sub trends remain a driver of the stock is a bit surprising given the lack of correlation between sub growth and revenue growth as seen last year as a record sub growth year ex COVID coincided with one of the slowest revenue growth years for Netflix. The... More
