The Latest Breaking News from Evercore ISI

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks fell on Tuesday’s weak U.S. housing starts...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.07%. Stocks on Friday settled mixed, with the S&P 500...

If the sun is setting on Facebook, then TikTok is dancing in the moonlight. How long can its short-form video hold consumers' fickle attention?

Coupa Software Inc (NASDAQ: COUP) is among the best SMID (small and medium) capitalization SaaS (software as a service) franchises and has compelling long-term growth opportunities, according to Evercore ISI.

Morgan Stanley analyst Erik Woodring downgraded Dell Technologies Inc (NYSE:DELL) to Equal Weight from Overweight with a price target of $60, down from $66 (10.5% upside).  The analyst noted that the 2022 outlook for data center infrastructure is strong, but cracks are occurring in the PC outlook. Woodring noted the valuation is likely to be…

Analysts led by Mark Mahaney at Evercore ISI reiterated their Outperform rating on Amazon.com Inc (NASDAQ:AMZN) with a target price on the stock of $4,300, implying more than 30% upside.  Amazon remains the investment bank advisory group's top mega-cap long holding. Mahaney and his team highlight four underappreciated elements of the company. Firstly, Amazon's recent…

Benchmark analyst Matthew Harrigan reiterated his Hold rating on Netflix Inc (NASDAQ:NFLX). Harrigan remains cautious on the stock citing elevated global streaming competition and possible overseas member growth fallout from geopolitical uncertainty, even excluding de minimis direct effect from exiting Russia.  Also Read: Evercore ISI Sees 44% Upside In Netflix, Reiterates Rating, Amazon Consummates MGM Deal Post Clean Chit From Regulators…

Evercore ISI analyst Mark Mahaney said his 1,500-respondent U.S. quarterly survey on Netflix Inc (NASDAQ: NFLX) was "modestly positive." 

Apple Inc (NASDAQ:AAPL) recently disclosed acquiring Friday night MLB rights. Fans will be able to tune in to two games on Friday nights during the regular season, available only on Apple TV+. Evercore ISI analyst Amit Daryanani clarified that Apple did not aspire to become another Netflix Inc (NASDAQ:NFLX).  Daryanani lauded Apple's move, which looked…