Amazon (AMZN) Falls 4.2%, Netflix (NFLX) Down 8.8% Amid Broad Decline in Tech
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Raymond James Reiterates Outperform on Amazon (AMZN) Following 3Q Report
October 26, 2018 9:52 AM EDTRaymond James analyst, Aaron Kessler, reiterated an Outperform rating and $2,000.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. Amazon delivered somewhat mixed 3Q results with in line revenues, lower unit growth, offset by strong operating income upside... More
Apple (AAPL) PT Maintained at $240 at Goldman Sachs; Lifts 1Q19 & FY19 EPS Outlook on 'iPhone Mix Trending Better, Increasing ASPs'
October 25, 2018 5:55 AM EDTGoldman Sachs analyst Rod Hall maintained the price target on Apple (NASDAQ: AAPL) at $240.00 while maintaining a Neutral rating, following an update to the company's outlook.
Analyst Hall maintains a Neutral outlook on shares of AAPL, while boosting earnings per share projections for... More
U.S. tech funds turn to Visa, Paypal as FANGs fade
October 24, 2018 3:26 PM EDTBy David Randall
NEW YORK (Reuters) - Some tech-heavy U.S. fund managers have turned to the once-stodgy payments sector as an alternative to so-called FANG stocks as high-flyers like Facebook Inc (NASDAQ: FB) and Google parent Alphabet Inc (NASDAQ: GOOGL) falter.
Companies underpinning online shopping and mobile payments, such as Visa Inc (NYSE: V), Mastercard Inc (NYSE: MA) and PayPal Holdings Inc (NASDAQ: PYPL), offer above-average growth at a more... More
