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Wall Street analysts slash Nvidia price target, say recent guidance cut is ‘a splash of cold water’

Nvidia is likely to remain hamstrung in the wake of its chilly guidance cut two weeks ago, Bernstein says.
Snap CEO Evan Spiegel

Snap’s lead IPO underwriter slashed its price target to $5, saying ‘headwinds and question marks remain’

Snap's lead initial public offering underwriter, Morgan Stanley, on Thursday slashed its price target from $7 to $5 with an underweight rating.

There are some ‘troubling trends’ in sports drinks — and that’s bad news for Pepsi

PepsiCo will likely see its struggles continue as a Jefferies survey revealed Americans are increasingly ditching sports drinks for water. Its key sports drink Gatorade has been a drag and as new competitors like BodyArmor enter the market, it's unlikely to get better.

Goldman Sachs and Morgan Stanley took Blue Apron public at $10 per share — now they say it’s worth $3

Blue Apron Holdings' first-quarter earnings isn't enough to clear up doubts about the profitability of its meal-kit delivery business. Morgan Stanley now says the company is worth no more than $3, more than a 70% drop since setting its IPO price in June.