Google price target lowered to $620 from $650 at Cantor Cantor Fitzgerald lowered its price target for Google shares to $620 saying higher operating expenses and elevated Capex pressured margins and earnings in Q3. The firm views the current valuation as attractive and keeps a Buy rating on Google.
Google price target lowered to $675 from $725 at Pacific Crest Pacific Crest lowered its price target for Google shares to $675 citing expectations for a higher tax rate following the company's Q3 results. The firm thinks shares are attractively valued at current levels and keeps an Outperform rating on Google.
Google price target lowered to $652 from $684 at Citigroup Citigroup lowered its price target for Google (GOOGL) shares to $652 following the company's Q3 results and keeps a Buy rating on the name. Citi calls the results "relatively good."
LVMH could pair with a tech company to launch smartwatch, WSJ reports LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMH’s watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link