Wall Street flat as tech offsets manufacturing data
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- S&P 500 ends higher as investors await tech earnings
- NVIDIA’s rising CDS the talk of Wall Street amid circular financing fears
- Market watchers weigh chances of a surprise Fed rate hike tomorrow
- U.S. chip stocks extend losses on AI financing, China competition fears
- Tesla to buy power from Arizona solar project
- Visa (V) To Cut 7% Of Its Workforce, Totaling About 2,600 Jobs - Bloomberg
- BTIG Upgrades Outlook Therapeutics Inc. (OTLK) to Buy
- ASML and U.S. chip stocks sink on report of China’s DUV breakthrough
- HF Sinclair plans to spin off lubricants unit, close Canadian refinery
- Carpenter Technology CEO Brian Malloy passes; Tony Thene returns as CEO
- After-Hours Stock Movers: F, BE, STX, WDC, KLAC, SWKS, NXPI, CSGP, ENPH
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UBS Reiterates Buy on salesforce.com (CRM) Following 2Q Report
September 1, 2016 9:40 AM EDTUBS reiterated a Buy rating and $100.00 price target on salesforce.com (NYSE: CRM) following the company's 2Q earnings report. CRM raised 2017 revenue guidance to $8.275-8.325Bn vs. prior guidance of $8.26-8.32Bn. UBS adjusted 2017 revenue estimates to $8,325 from 8,269M.
Analyst Brent Thill commented, "After 2 monster qtrs. in Q4 & Q1, a mixed FQ2 was a small... More
Cowen Reiterates Outperform on Costco Wholesale (COST) Following August Comp Miss
September 1, 2016 9:12 AM EDTCowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) following the company's August comp release. COST reported comps of 0%, below the Street's estimate of +1.3%. COST will report 4Q EPS on Thursday Sept. 29th AMC. COST has already reported... More
Cowen Remains Bullish on salesforce.com (CRM) Following 2Q
September 1, 2016 8:10 AM EDTCowen reiterated an Outperform rating and $100.00 price target on salesforce.com (NYSE: CRM) following the company's 2Q earnings report.
Analyst Derrick Wood commented, "CRM called out end-of-qtr softness in the U.S. that seemingly weighed on hitting internal bookings targets. But... More
Wedbush Reiterates Outperform on salesforce.com (CRM) Following 2Q Report
September 1, 2016 8:00 AM EDTWedbush maintained an Outperform rating on salesforce.com (NYSE: CRM), and cut the price target to $96.00 (from $98.00), following the company's 2Q earnings report. Revenue of $2.0B was $17M above consensus, and the company beat EPS estimates by $0.02. Industry and partner checks dont point... More
