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- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Apple (AAPl) PT Maintained at $200 at Baird on FQ3 Preview; 'Services and iPhone ASP to Headline Results'
July 31, 2018 7:28 AM UTCBaird maintained its price target on Apple (NASDAQ: AAPl) at $200.00 while maintaining a Outperform rating, ahead of the company's thid quarter earnings report.
Analyst William Power notes expectations for 'solid FQ3 results' while AAPL investor will be focused on FQ4 guidance... More
William Blair Remains Bullish on AbbVie (ABBV) Following 2Q Beat
July 30, 2018 8:45 AM UTCWilliam Blair reiterated an Outperform rating and $127.00 price target on Abbvie (NYSE: ABBV) following the company's 2Q earnings report. Revenues for the quarter were $8.3 billion, beating consensus of $8.2 billion. Non-GAAP EPS were $2.00, above consensus of $1.97.
Management issued updated guidance for 2018 non-GAAP EPS of $7.76 to $7.86... More
Twitter, Inc. (TWTR) PT Raised to $32 at Canaccord Genuity Following Solid 2Q
July 30, 2018 7:17 AM UTCCanaccord Genuity raised its price target on Twitter, Inc. (NYSE: TWTR) to $32.00 (from $28.00) while maintaining a Hold rating following the company's 2Q earnings report. Twitter's Q2 financial results were generally solid, with revenue and EBITDA exceeding consensus. This was despite weaker MAU performance, which... More
Twitter, Inc. (TWTR) PT Maintained at $25 at Mizuho Securities on 2Q Report; 'Guidance Light on User Growth Opex'
July 30, 2018 6:21 AM UTCMizuho Securities maintained its price target on Twitter, Inc. (NYSE: TWTR) at $25.00 while maintaining a Underperform rating, following the company's second quarter earnings report.
Analyst James Lee notes no change to estimates on shares of TWTR, despite the company reporting second quarter... More
Amazon.com (AMZN) PT Raised to $2,130 at Oppenheimer
July 27, 2018 9:40 AM UTCOppenheimer raised its price target on Amazon.com (NASDAQ: AMZN) to $2,130.00 (from $1,750.00) while maintaining a Outperform rating.
Analyst Jason Helfstein commented, "We are increasing our target to $2,130 from $1,750, and maintaining our Outperform rating after AMZN reported better than expected margins and slightly... More
Amazon.com (AMZN) PT Raised to $2,250 at Susquehanna
July 27, 2018 8:51 AM UTCSusquehanna raised its price target on Amazon.com (NASDAQ: AMZN) to $2,250.00 (from $2,000.00) while maintaining a Positive rating.
Analyst Shyam Patil commented, "AWS and Advertising drive impressive 2Q profitability with a continued strong 3Q outlook."
... MoreAmazon.com (AMZN) PT Raised to $1,870 at Barclays
July 27, 2018 8:48 AM UTCBarclays raised its price target on Amazon.com (NASDAQ: AMZN) to $1,870.00 (from $1,850.00) while maintaining a Overweight rating following the company's 2Q earnings report. Amazon continues to perform at a level well-above its mega cap internet peers, with revenue and OI that was in-line and 68%... More
Amazon.com (AMZN) PT Raised to $2,000 at Guggenheim
July 27, 2018 8:43 AM UTCGuggenheim raised its price target on Amazon.com (NASDAQ: AMZN) to $2,000.00 (from $1,850.00) while maintaining a Buy rating following the company's 2Q earnings report. AMZN reported a strong 2Q18 that included a +39.3% revenue increase (vs. +40.1% estimates) and much better-than-expected margins/CSOI.
Prime... More
Amazon.com (AMZN) PT Raised to $2,200 at Loop Capital Following 2Q
July 27, 2018 8:33 AM UTCLoop Capital raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $1,900.00) while maintaining a Buy rating following the company's 2Q earnings report. Operating margin improved 390 bps YoY to 5.6% and diluted EPS jumped 1,167.5% to $5.07, beating consensus by $2.59.
Management forecasts 3Q 2018... More
Amazon.com (AMZN) PT Raised to $2,250 at BMO Capital
July 27, 2018 8:27 AM UTCBMO Capital raised its price target on Amazon.com (NASDAQ: AMZN) to $2,250.00 (from $2,000.00) while maintaining a Outperform rating.
Analyst Daniel Salmon commented, "This was the most profitable quarter in AMZN's history as operating margins expanded 400bps YoY and broke 5%. While we don't model... More
Amazon.com (AMZN) PT Raised to $2,200 at Macquarie
July 27, 2018 8:22 AM UTCMacquarie raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $2,100.00) while maintaining an Outperform rating. Revenues and CSOI were 2% below and 41% above Macuarie's expectations, respectively.
On page one of a press release by AMZN, it states, We want... More
Amazon.com (AMZN) PT Raised to $2,110 at Wells Fargo
July 27, 2018 8:19 AM UTCWells Fargo raised its price target on Amazon.com (NASDAQ: AMZN) to $2,110.00 (from $1,875.00) while maintaining an Outperform rating.
Analyst Ken Sena commented, "Amazon reported another very strong quarter with gross profit and CSOI exceeding our expectations by 2% and 40%, respectively. Across its segment... More
Amazon.com (AMZN) PT Raised to $2,100 at Piper Jaffray
July 27, 2018 8:16 AM UTCPiper Jaffray raised its price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 (from $2,075.00) while maintaining an Overweight rating following the company's 2Q earnings report. AMZN reported revenue 1% below the Street and op income 74% above the Street. The mid-point of Q3 guidance calls for... More
Amazon.com (AMZN) PT Raised to 'Street High' $2,300 at Monness, Crespi, Hardt
July 27, 2018 8:15 AM UTCMonness, Crespi, Hardt raised its price target on Amazon.com (NASDAQ: AMZN) to $2,300.00 (from $2,200.00) while maintaining a Buy rating. The new target matches a 'Street High'.
Analyst Brian White commented, "Last night, Amazon delivered big 2Q:18 EPS upside and provided a strong 3Q:18... More
Stifel Reiterates Buy on Amazon (AMZN) Following 2Q Release
July 27, 2018 8:09 AM UTCStifel reiterated a Buy rating and $2020.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 2Q earnings report. Amazons 2Q was highlighted by continued momentum across its higher-margin businesses and meaningful improvements in operational efficiency, which resulted in 2Q operating income... More
Intel (INTC) PT Raised to $46 at Northland Capital Markets; Keeps 'Underperform' as Tank is 'Nearly Empty'
July 27, 2018 8:09 AM UTCNorthland Capital Markets raised its price target on Intel (NASDAQ: INTC) to $46.00 (from $45.00) while maintaining an Underperform rating.
Analyst Gus Richard commented, "... manufacturing issues, design environment issues, increasing competition and declining gross margin point toward an earnings growth tank that is nearing empty."
... More
