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What Wall Street Thinks Of The $69 Billion CVS-Aetna Deal
Monday, December 4, 2017 - 6:24pm | 1067Read More...Here we have it: the largest deal of 2017. CVS Health Corp (NYSE: CVS) confirmed Monday its agreement to acquire Aetna Inc (NYSE: AET) as a standalone business unit for about $207 per share. The parties intend to close the deal in the second half of 2018 to yield $750 million in near-term synergies...
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An (Almost) Bear-Free Zone: Wall Street Reacts To Cisco's Earnings
Thursday, November 16, 2017 - 3:59pm | 991Read More...Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal first quarter earnings and outlook were strong enough to push the stock to a new multiyear high. Here's what some of Wall Street's top analysts are saying after the print: Barclays: The Positives And Negatives Barclays' Mark Moskowitz...
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What Wall Street Thinks Of Nvidia's Huge Quarter
Friday, November 10, 2017 - 3:03pm | 894Read More...NVIDIA Corporation (NASDAQ: NVDA) can do no wrong in the eyes of the market, after its big Q3 earnings beat sent the stock higher by nearly 6 percent. But with Nvidia shares an incredible 1,000 percent in just three years, the debate rages on among analysts of just how much upside the stock has...
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What Wall Streets Thinks Of The Canceled Sprint-T-Mobile Deal
Monday, November 6, 2017 - 4:34pm | 845Read More...Shares of Sprint Corp (NYSE: S) lost more than 12 percent Monday morning and hit a new 52-week low of $5.72 after it was confirmed that ongoing merger talks with T-Mobile US Inc (NASDAQ: TMUS) ended with no agreement reached. Here's how some of Wall Street's notable analysts reacted:...
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Citi Upgrades Twitter Amid Improving Sentiment
Monday, November 6, 2017 - 12:18pm | 322Read More...Shares of Twitter Inc (NYSE: TWTR) were trading lower by around 0.60 percent early Monday morning despite a notable upgrade from Wall Street. Citi's Mark May upgraded Twitter from Sell to Neutral with a $20 price target. Twitter has been lagging its internet peers year-to-date, up just 22...
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Wall Street Still Loves Apple
Friday, November 3, 2017 - 12:43pm | 795Read More...Apple Inc. (NASDAQ: AAPL) stock jumped 2 percent on Friday to hit new all-time highs after the company reported a fiscal fourth-quarter earnings beat and issued guidance that impressed the market. A number of Wall Street analysts weighed in on Apple following the report. Here’s a rundown of...
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All The Ratings And Price Targets On Facebook Ahead Of Q3 Earnings
Tuesday, October 31, 2017 - 3:58pm | 378Read More...Heading into its Wednesday earnings report, Facebook Inc (NASDAQ: FB) is decidedly well liked. The firm’s 42 Buy ratings are tempered by just two Sells and one Hold, according to TipRanks, which records an average price target of $191.33 with a range of $98 to $235. Recent trends back the...
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Novavax The Downtrodden Finally Finds A New Bull At Citi
Tuesday, October 31, 2017 - 10:00am | 459Read More...Analysts at Citi turned bullish on Novavax, Inc. (NASDAQ: NVAX), a small-cap clinical-stage vaccine company. The firm's Joel Beatty upgrades Novavax's stock rating from Neutral to Buy with a price target boosted from $1.10 to $1.60. Novavax's phase 1 and phase 2 data for its flu vaccine called...
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Macy's Just Isn't Good At Retail Anymore; Citi Downgrades To Sell
Monday, October 30, 2017 - 10:37am | 425Read More...Shares of Macy's Inc (NYSE: M) lost more than 2 percent Monday and hit a new 52-week low of $19.00 after analysts at Citi turned bearish on the company. The firm's Paul Lejuez downgraded Macy's stock rating from Neural to Sell with a price target lowered from $21 to $16 (see his track record here...
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The Concerning Mixed Message JC Penney Is Sending To Consumers Resulted In A Downgrade
Monday, October 30, 2017 - 9:46am | 414Read More...Despite a more than 60-percent decline since the start of 2017, shares of J C Penney Company Inc (NYSE: JCP) could see a further decline of more than 50 percent, according to Citi analysts. The firm's Paul Lejuez downgraded JC Penney's stock rating from Neutral to Sell with a price target slashed...
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What Wall Street Analysts Think About Amazon's Post-Earnings Prospects
Friday, October 27, 2017 - 2:43pm | 683Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s stock spiked more than 12 percent Friday after the company reported third-quarter numbers that clearly impressed the market. A number of Wall Street analysts weighed in on Amazon following the report. Here’s a rundown of what they had to say. Voices...
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Analysis: A CVS-Aetna Merger Would Be Revolutionary
Friday, October 27, 2017 - 10:25am | 403Read More...Health care investors were blindsided on Thursday afternoon when Dow Jones reported that CVS Health Corp (NYSE: CVS) is exploring a $66 billion bid for Aetna Inc (NYSE: AET). As expected, Wall Street analysts have a lot to say about the potential deal. In a new note on Friday, Citigroup analyst...
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Biogen Bull Thesis Baked In, No Longer A Buy At Citi
Monday, October 23, 2017 - 11:05am | 281Read More...Analysts at Citi no longer hold a bullish view on Biogen Inc (NASDAQ: BIIB). The firm's Robyn Karnauskas downgraded Biogen's stock rating from Buy to Neutral with a new $360 price target. A prior bullish stance on Biogen's stock has been in place since early February and was due to strong...
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This AMD Bear Is No Less Bearish Ahead Of Q3 Earnings
Monday, October 23, 2017 - 10:25am | 366Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) has launched a series of new products in 2017 that have investors excited about the company’s future in a robust semiconductor market. However, Citi analyst Philip Lee isn’t so impressed by AMD’s new line of Ryzen CPUs and says Intel...
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10 Things To Like About Lululemon
Friday, October 20, 2017 - 10:48am | 391Read More...For traders looking for a good reason to buy Lululemon Athletica inc. (NASDAQ: LULU), Citi analyst Paul Lejuez just came up with 10. In a new note, Lejuez upgraded Lululemon stock from Neutral to Buy and gave a list of 10 reasons the stock is headed higher. Lejuez was impressed by Lululemon’s...
















