Technology

Technology Sector Update for 12/19/2017: MSFT, AAPL, IBM, CSCO, GOOG, FDS, MEET, CREE, PAY

Top Technology Stocks:

MSFT: +0.1%

AAPL: -0.8%

IBM: flat

CSCO: +0.1%

GOOG: flat

Technology shares were mixed in pre-market trading on Tuesday.

Expected movers:

- FactSet Research ( FDS ): fiscal Q1 earnings top views, revenue misses; sees 2018 EPS above consensus

- MeetMe ( MEET ): guides Q4, FY17 revenue in line with Street estimates

- Cree ( CREE ): JPMorgan bearish on company, expects consensus price targets to fall

Other news:

- VeriFone ( PAY ): stock price target lifted to $21 from $20 at BMO Capital; 'Market Perform' held

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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