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- S&P 500 falls as AI worries hit software makers
- 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
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
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Stifel Comments on Meta Platforms Inc. (META) Earnings
October 30, 2024 4:51 PM EDTStifel analyst Mark Kelley reiterated a Buy rating and $663.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "Reported revenue of $40.6bn (+19% y/y) ahead of Street of $40.2bn (+18% y/y), with Operating Income of $17.4bn (43% margin) also ahead of consensus of... More
Goldman Sachs Comments on Meta Platforms Inc. (META) Earnings
October 30, 2024 4:43 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $636.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "We expect investors to have a muted reaction to META's Q3 24 earnings report as revenues came slightly ahead of GS/Street estimates and just inside the top end of their previously guided revenue range.... More
Evercore ISI Reiterates Outperform Rating on Meta Platforms Inc. (META)
October 28, 2024 4:01 PM EDTEvercore ISI analyst Mark Mahaney reiterated an Outperform rating and $600.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "Our View: Based on intra-quarter data points and our model sensitivity analysis, we believe META will likely print a modest Beat & Bracket Q3. We view the Streets Q3 Revenue estimate (+17.6% Y/Y and +2.8% Q/Q) as reasonable, with more upside vs. downside variance, given 1) our ad channel checks... More
