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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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
