Tech stocks battered after disappointing Amazon and Alphabet results

Credit Suisse Reiterates Outperform on Snap (SNAP) Following 3Q Report

Credit Suisse analyst, Stephen Ju, reiterated an Outperform rating and $12.00 price target on Snap Inc (NYSE: SNAP) following the company's 3Q earnings report. Snap reported revenue of $297.7mm vs. consensus of $283.4mm. Adjusted EBITDA was ($138.4)mm vs. consensus of ($169.5)mm.

Snap also issued 4Q18... More

Alphabet (GOOGL) PT Lowered to $1,450 at Credit Suisse

Credit Suisse analyst, Stephen Ju, lowered the price target on Alphabet (NASDAQ: GOOGL) to $1,450.00 (from $1,500.00) while maintaining a Outperform rating following the company's 3Q earnings report. Google reported in-line results with Websites outperforming and L&O revenue falling short of estimates. Adjusted EBITDA and... More

Raymond James Reiterates Outperform on Amazon (AMZN) Following 3Q Report

Raymond 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

Twitter, Inc. (TWTR) PT Raised to $34 at SunTrust Robinson Humphrey, Remains Sidelined

SunTrust Robinson Humphrey analyst Youssef Squali raised the price target on Twitter, Inc. (NYSE: TWTR) to $34.00 (from $30.00) while maintaining a Hold rating.

Squali said strong 3Q18 P&L execution makes them more positive on TWTR but the following prevents us from upgrading the... More

Twitter, Inc. (TWTR) PT Raised to $27 at Barclays

Barclays analyst Ross Sandler raised the price target on Twitter, Inc. (NYSE: TWTR) to $27.00 (from $24.00) while maintaining an Underweight rating.

Sandler said the strong U.S. ad growth overshadows the user decline.

Alphabet (GOOGL) PT Lowered to $1,350 at Deutsche Bank

Deutsche Bank analyst Lloyd Walmsley lowered the price target on Alphabet (NASDAQ: GOOGL) to $1,350.00 (from $1,375.00) while maintaining a Buy rating.

The analyst commented, "Google reported a broadly in-line quarter with ad revenue growth a hair below our estimates, offset by slightly... More

Twitter, Inc. (TWTR) PT Raised to $35 at BMO Capital

BMO Capital analyst Daniel Salmon raised the price target on Twitter, Inc. (NYSE: TWTR) to $35.00 (from $31.00) while maintaining a Market Perform rating.

The analyst commented, "In our preview, we noted a more positive view and TWTR delivered good results and guidance. We... More

Intel (INTC) PT Raised to $58 at Susquehanna

Susquehanna analyst Christopher Rolland raised the price target on Intel (NASDAQ: INTC) to $58.00 (from $54.00) while maintaining a Positive rating.

"Strong results and guidance, despite supply shortages, were impressively well above 2018 guidance," Rolland commented. "We now know why there were shortages strong PC and server demand (and Apple modem)."

Snap Inc (SNAP) PT Lowered to $8 at RBC Capital

RBC Capital analyst Mark Mahaney lowered the price target on Snap Inc (NYSE: SNAP) to $8.00 (from $16.00) while maintaining an Outperform rating.

The analyst commented, "Q3 Revenue & EBITDA results came in better than RBC/Street ests, and the Q4 Revenue/EBITDA Guides... More