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Qualcomm Analysts Hike Targets On 'Stunning' Q4 Results, Expect 5G Boost
Thursday, November 5, 2020 - 1:05pm | 761Read More...QUALCOMM, Inc. (NASDAQ: QCOM) shares were trading notably higher Thursday after the chipmaker issued a strong quarterly report. The Qualcomm Analyst: BofA analyst Tal Liani reiterated a Buy rating on Qualcomm shares and increased the price target from $165 to $180. Piper Sandler analyst Harsh...
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Should Investors Continue Playing With Mattel's Stock?
Friday, October 23, 2020 - 2:20pm | 542Read More...Mattel Inc (NASDAQ: MAT) reported third-quarter results that exceeded expectations due to what management described as "extraordinary" demand for toys. Shares are up more than 10% in Friday's session. Here is a summary of how some of the Street's top analysts reacted to the...
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Intel Falls On Q3 Results: 8 Analysts On Gross Margin Pressure, Manufacturing Challenges
Friday, October 23, 2020 - 11:02am | 1060Read More...Intel Corporation (NASDAQ: INTC) shares are retreating to a one-month low following the chipmaker's lukewarm third-quarter results. The Intel Analysts: BofA Securities analyst Vivek Arya downgraded Intel from Neutral to Underperform and reduced the price target from $60 to $45. Benchmark...
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Alibaba's Offline/Online Business Models Expand Market Opportunity, Analyst Says
Tuesday, September 29, 2020 - 1:46pm | 389Read More...Following the second day of Alibaba Group's (NYSE: BABA) three-day Investor Day, an analyst at UBS came away bullish on the company's online and offline business models. The Alibaba Analyst: Jerry Liu maintained a Buy rating and a $330 price target for Alibaba shares. The Alibaba...
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The Focal Point Of FedEx Earnings Strength Should Be Margins, Analysts Say
Wednesday, September 16, 2020 - 1:26pm | 416Read More...Analysts are out with reactions and price target changes after FedEx Corporation (NASDAQ: FDX) reported strong quarterly earnings. FedEx reported second-quarter earnings of $4.87 per share, which beat the analyst consensus estimate of $2.69. The company reported quarterly sales of $19.30 billion,...
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Fintech Focus For September 15, 2020
Monday, September 14, 2020 - 6:12pm | 2003Read More...Quote Of The Day: Be yourself; everyone else is already taken. - Oscar Wilde Fintech Movers: In August 2020, FinTech startups worldwide raised $2.80 billion worth of VC/PE investments across 220 deals. In terms of MoM trends, there was an increase of 1.4% from the $2.76 billion raised by FinTechs...
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Tesla Shares Rise As UBS Doubles Price Target
Friday, September 11, 2020 - 9:53am | 302Read More...Tesla Inc (NASDAQ: TSLA) shares traded higher by as much as 3% premarket Friday after UBS doubled its one-year price target for the stock from $160 to $325 in anticipation of Tesla's battery day announcements Sept. 22. Why UBS Lifted Its Tesla Forecast: Analyst Patrick...
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Bullish Broadcom Analysts Lift Price Targets, Highlight Execution, iPhone Exposure
Friday, September 4, 2020 - 3:57pm | 886Read More...Broadcom Inc (NASDAQ: AVGO) reported strong quarterly results Thursday, sending the semiconductor stock higher. The Broadcom Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on Broadcom shares and upped the price target from $400 to $450. UBS analyst Timothy Arcuri...
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CrowdStrike's Premium Metrics Deserve Premium Valuation, Says Bullish UBS
Friday, August 14, 2020 - 3:11pm | 378Read More...The bullish case for cybersecurity provider Crowdstrike Holdings Inc (NASDAQ: CRWD) is based on the simple premise that the company's premium metrics deserve a premium valuation, according to UBS. The CrowdStrike Analyst: Fatima Boolani initiated coverage of CrowdStrike with a Buy rating and $...
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Analysts Bullish On Google Following Mixed Quarter, With Ads Trending In The Right Direction
Friday, July 31, 2020 - 2:11pm | 626Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were down 4.8% on Friday after the company reported its first quarter of negative revenue growth in history on Thursday. Alphabet reported second-quarter adjusted EPS of $10.13 on revenue of $38.30 billion. Both numbers beat consensus analyst...
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The Street's Reaction To Facebook's Q2: Bulls Turn More Bullish
Friday, July 31, 2020 - 12:08pm | 953Read More...Social media giant Facebook, Inc. (NASDAQ: FB) reported second-quarter results Thursday that were highlighted by 11% revenue growth and an expansion of its total monthly user base across all platforms from 2.99 billion last quarter to 3.14 billion. Here's how the Street reacted. The...
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Apple's Path To $2 Trillion Is Set As Wall Street Lauds Resilience, Ecosystem Engagement
Friday, July 31, 2020 - 11:51am | 964Read More...Apple Inc. (NASDAQ: AAPL) reported solid results for the fiscal third quarter, sending its shares to record territory. The stock was jumping 7% to $411.47 at the time of publication. The Apple Analysts Credit Suisse analyst Matthew Cabral maintained a Neutral rating on Apple and increased the...
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Amazon's Post-Earnings Run Mirrors Positive Voices From The Street
Friday, July 31, 2020 - 11:25am | 595Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares were up 5% on Friday after the company reported earnings and revenue beats and said online grocery delivery tripled in the second quarter. Amazon reported second-quarter EPS of $10.30 on revenue of $88.9 billion. Both numbers blew away analyst...
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The Street Weighs eBay's Q2 Earnings, Guidance: What's Next For E-Commerce?
Thursday, July 30, 2020 - 2:14pm | 838Read More...Shares of eBay Inc (NASDAQ: EBAY) opened lower Wednesday despite the auction site reporting a top-and-bottom-line beat in its second quarter. Here's how some of the Street's top analysts reacted to the print. The Analysts: Stifel analyst Scott Devitt maintained a Buy rating on eBay...
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AMD Analysts Bet On Continuing Momentum Amid Tailwinds, Execution, Intel Missteps
Wednesday, July 29, 2020 - 1:09pm | 1000Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading in record territory after the chipmaker reported stellar quarterly results. The AMD Analysts Piper Sandler analyst Harsh Kumar reiterated an Overweight rating on AMD and increased the price target from $60 to $82. Rosenblatt...















