Tech, transports drag on Wall Street; Dow hits record
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- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Bristol-Myers Squibb Co. (BMY) PT Lowered to $61 at Leerink Partners
July 28, 2017 10:31 AM EDTLeerink Partners lowered its price target on Bristol-Myers Squibb Co. (NYSE: BMY) to $61.00 (from $66.00) while maintaining a Outperform rating following the company's 2Q. BMY delivered in line earnings of 74c.
Analyst Seamus Fernandez now forecasts a 9% EPS growth in 2018-22E excluding Opdivo +... More
PayPal (PYPL) PT Raised to $64 at Deutsche Bank
July 27, 2017 8:22 AM EDTDeutsche Bank raised its price target on PayPal (NASDAQ: PYPL) to $64.00 (from $61.00) while maintaining a Buy rating.
... MoreFacebook (FB) PT Raised to $215 at Deutsche Bank
July 27, 2017 8:20 AM EDTDeutsche Bank raised its price target on Facebook (NASDAQ: FB) to $215.00 (from $189.00) while maintaining a Buy rating.
Analyst Lloyd Walmsley commented, "FB delivered a major 2Q, most likely giving investors everything they could have asked for (and yet appropriately managing expects). The... More
PayPal (PYPL) PT Raised to $52 at Cowen
July 27, 2017 8:01 AM EDTCowen raised its price target on PayPal (NASDAQ: PYPL) to $52.00 (from $48.00) while maintaining a Market Perform rating. Strong 2Q results exceeded revenue estimates by ~150 bps, with a more modest EPS beat of $0.01, resulting in the second guidance raise of the year.
Cowen raised 2017 and 2018 adj. EPS estimates to $1.84 and $2.23, respectively.
... More