Apple, Goldman Sachs send Wall Street tumbling
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Go back to Apple, Goldman Sachs send Wall Street tumbling
November 13, 2018 9:20 AM EST
Gordon Haskett analyst John Inch lowered the price target on General Electric (NYSE: GE) to $10.00 (from $11.00) while maintaining an Underperform rating. While GE has provided assurances that it retains plenty of opportunities through asset sales, Inch's calculations indicate most of these proceeds are already... More
November 13, 2018 9:14 AM EST
Piper Jaffray analyst Troy Jensen lowered the price target on Lumentum (NASDAQ: LITE) to $72.00 (from $85.00) while maintaining a Overweight rating Following the 33% drop in the company's stock price. Jensen believes the reduced forecast at Apple has nothing to due with lost share for... More
November 13, 2018 8:48 AM EST
MKM Partners analyst Michael Genovese lowered the price target on Lumentum (NASDAQ: LITE) to $60.00 (from $78.00) while maintaining a Buy rating. Yesterday morning Lumentum lowered the 2QFY19 guidance it just provided on November 1. The company reduced the revenue outlook by $72.5mn at the mid-point to... More
November 12, 2018 3:51 PM EST
Goldman Sachs (NYSE: GS) Weakness Continues Heading Into Market Close, Down 7.8%
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November 12, 2018 8:45 AM EST
Wells Fargo analyst, Bonnie Herzog, says to buy into tobacco following a report on potential FDA ban on menthol cigarettes. Late Friday afternoon (11/9), the WSJ reported that the FDA plans to pursue a ban on menthol combustible cigs this week according to senior agency officials, possibly announcing a move... More
