"After another record session, markets are little changed. At the moment, the Dow is down about five points. The S&P 500 is up about four, with the NASDAQ down about 36 points. All as markets digest earnings from Netflix, and prepare for another round of earnings from the Magnificent 7 mega cap leaders. While analysts wait for those market-moving reports, they're currently pounding the table over:"
"Bank of America just reiterated a buy rating on Netflix ( NASDAQ: NFLX). Granted, earnings weren't so hot. Its EPS of $5.87 was below expectations for $6.97, thanks to a dispute with Brazilian tax authorities. But according to Bank of America, it's sticking with its buy rating, believing NFLX will be fueled by positive subscriber and earnings momentum. At the moment, analysts have an average price target of $1,344.19 on NFLX."
"Piper Sandler just initiated an overweight rating on Dell ( NYSE: DELL). The firm believes the tech giant should be one of the top beneficiaries of the enterprise data center refresh, which looks strong heading into 2026. Dell should also benefit from strong AI infrastructure, too. Analysts have an average price target of $164.11 a share on Dell. With AI infrastructure, demand is leading to substantial investments in data centers and related hardware."
"Analysts at Deutsche Bank initiated a buy rating on Applovin ( NASDAQ: APP), noting that it's a dominant player in the mobile games' user acquisition space. They also noted that APP has an 80% market share on the supply side, and about 55% on the demand side. Analysts at RBC Capital have an outperform rating on the stock, with a $700 price target. The firm says APP's fixed cost model can continue to show outsized growth through 2026."
Markets were little changed after a record session, with the Dow down about five points, the S&P 500 up about four, and the NASDAQ down about 36 while earnings from Netflix and upcoming reports from mega-cap leaders influenced trading. Bank of America reiterated a buy on Netflix despite EPS of $5.87 missing $6.97 expectations due to a dispute with Brazilian tax authorities, citing anticipated subscriber and earnings momentum and an average analyst price target of $1,344.19. Piper Sandler initiated an overweight on Dell, citing enterprise data-center refresh and AI infrastructure tailwinds and a $164.11 average price target. Deutsche Bank initiated a buy on Applovin, noting dominant mobile-games user-acquisition positions and projected outsized growth through 2026.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]