Wall St. powered higher by tech, Amazon results

Go back to Wall St. powered higher by tech, Amazon results

Microsoft (MSFT) PT Raised to $92 at Oppenheimer Following 1Q

October 31, 2017 9:31 AM UTC

Oppenheimer raised its price target on Microsoft (NASDAQ: MSFT) to $92.00 (from $80.00) while maintaining a Outperform rating following the company's 1Q earnings release. Normalized revenue grew 6% and is accelerating, with FCF up a very strong 26%. Azure and Office 365 drove results, growing revenue 90% and 42%,... More

Merck (MRK) PT Lowered to $67 at UBS on 'Keynote-189 Delay As Feared'

October 30, 2017 10:45 AM UTC

UBS lowered its price target on Merck (NYSE: MRK) to $67.00 (from $72.00) while maintaining a Buy rating, following the announcement that management would push out results into early 2019 for Keynote-189 in lung cancer.

Analyst Marc Goodman notes a cautious outlook on the shares as... More

Alphabet (GOOGL) PT Raised to $1,200 at FBN Securities Following 3Q Earnings Report

October 30, 2017 9:07 AM UTC

FBN Securities raised its price target on Alphabet (NASDAQ: GOOGL) to $1,200.00 (from $1,075.00) while maintaining a Outperform rating following the company's 3Q earnings report. GOOGL reported gross revenue of $27.77B, above consensus of $27.18B, and EPS of $.9.57, $1.26 above consensus of $8.31.

For the FQ4 quarter,... More

Amazon.com (AMZN) PT Raised to $1,250 at FBN Securities Following 3Q Report

October 30, 2017 9:00 AM UTC

FBN Securities raised its price target on Amazon.com (NASDAQ: AMZN) to $1,250.00 (from $1,100.00) while maintaining a Outperform rating following the company's 3Q report. For the FQ3 quarter, AMZN reported revenue of $43.74B, above consensus of $42.05B, and EPS of $.52 above consensus of... More

Merck (MRK) PT Lowered to $69 at Leerink Partners

October 30, 2017 7:49 AM UTC

Leerink Partners lowered its price target on Merck (NYSE: MRK) to $69.00 (from $70.00) while maintaining a Market Perform rating following results

Analyst Seamus Fernandez said the majority of the bottom-line beat came from other income and a lower-than-anticipated tax rate.

... More

Intel (INTC) PT Raised to $32 at Jefferies Following 3Q

October 27, 2017 7:53 AM UTC

Jefferies raised its price target on Intel (NASDAQ: INTC) to $32.00 (from $30.00) while maintaining a Underperform rating following the company's 3Q. Intel beat and raised on better performance from its CCG and "Other" categories. Jefferies estimates that its 2017 EPS growth is driven... More

Mattel Inc. (MAT) PT Lowered to $12.50 at Jefferies Following 3Q Miss

October 27, 2017 7:47 AM UTC

Jefferies lowered its price target on Mattel Inc. (NASDAQ: MAT) to $12.50 (from $14.00) while maintaining a Hold rating following the 3Q. MAT reported sales of $1.56B vs. $1.82B consensus. EPS of $0.09 missed $0.58 consensus.

Management laid out ambitious plans to cut $650M of costs, reinvest... More