Nasdaq Drops, Chip Stocks Crater As Bond Yields Bite: Stock Market Today
Fabrinet's margin miss triggered a brutal selloff across the stock market today, while $91 Brent kept equities under pressure
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Millicom Intl Cellular Q2 EPS $0.65 Beats $0.59 Estimate, Sales $2.179B Beat $2.134B Estimate
Millicom Intl Cellular (NASDAQ:TIGO) reported quarterly earnings of $0.65 per share which beat the analyst consensus estimate of $0.59 by 10.17 percent. This is a 27.45 percent increase over earnings of $0.51 per share
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Millicom International Cellular shares are trading lower after JP Morgan downgraded its rating on the stock from Overweight to Neutral and raised its price target from $100 to $105.
Read original at benzingaJP Morgan Downgrades Millicom Intl Cellular to Neutral, Raises Price Target to $105
JP Morgan analyst Marcelo Santos downgrades Millicom Intl Cellular (NASDAQ:TIGO) from Overweight to Neutral and raises the price target from $100 to $105.
Read original at benzingaScotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $60.1
Scotiabank analyst Andres Coello maintains Millicom Intl Cellular (NASDAQ:TIGO) with a Sector Underperform and raises the price target from $52.4 to $60.1.
Read original at benzinga