S&P 500 nears record high on trade progress, upbeat Intel earnings
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Alphabet (GOOGL) PT Raised to $1,450 at Mizuho Securities
October 29, 2019 7:28 AM EDTMizuho Securities analyst James Lee raised the price target on Alphabet (NASDAQ: GOOGL) to $1,450.00 (from $1,400.00) while maintaining a Buy rating following the company's 3Q report. Google reported strong core website revenues with growth accelerating nearly 100bps FXN, consistent with agency checks.
US revenue growth... More
Merck (MRK) Tops Q3 EPS by 27c, Revenues Beat; Narrows & Raises FY19 EPS/Revenue Above Consensus
October 29, 2019 6:47 AM EDTMerck (NYSE: MRK) reported Q3 EPS of $1.51, $0.27 better than the analyst estimate of $1.24. Revenue for the quarter came in at $12.4 billion versus the consensus estimate of $11.63 billion.
Third-Quarter 2019 Worldwide Sales Were $12.4 Billion, an Increase of 15%; Sales Increased 16% Excluding Impact from Foreign Exchange; Growth Driven by Oncology and Human Health VaccinesKEYTRUDA Sales Grew 62% to $3.1 Billion;... MoreNeedham & Company Reiterates Hold Rating on Intel (INTC) Following 3Q Beat
October 25, 2019 7:55 AM EDTNeedham & Company analyst N. Quinn Bolton reiterated a Hold rating on Intel (NASDAQ: INTC) following the company's 3Q report. 3Q19 revenue of ~$19.2bn set a quarterly record, beating guidance by ~$1.2bn; record revenue came from DCG, NSG, IOTG and Mobileye.
INTC guided 4Q19... More
