Trading Radar for 10/19: Morgan Stanley (MS), AmEx (AXP), Halliburton (HAL), eBay (EBAY), Mattel (MAT), Seagate (STX) Report

BMO Capital Raises Price Target on American Express (AXP) to $75; Reiterates Market Perform

BMO Capital reiterated a Market Perform rating on American Express (NYSE: AXP), and raised the price target to $75.00 (from $73.00), following the company's 3Q earnings report. AXPs 3Q16 core EPS of $1.24 beat consensus of $0.97 by 28%. The beat was top-linedriven.

Analyst James Fotheringham... More

BMO Capital Raises Price Target on Halliburton (HAL) Following 3Q Report

BMO Capital reiterated an Outperform rating on Halliburton (NYSE: HAL), and raised the price target to $58.00 (from $50.00), following the company's 3Q earnings report. HAL reported EPS of $0.01 with strong operating cashflow. EBITDA of $503mm beat consensus by 8%.

Analyst Daniel Boyd commented, "We... More

Jefferies Cuts Price Target on WD-40 Co. (WDFC) Following 4Q Report

Jefferies maintained a Hold rating on WD-40 Co. (NASDAQ: WDFC), and cut the price target to $110.00 (from $120.00), following the company's 4Q earnings report. EPS was $0.99 versus the consensus estimate of $0.82. F/X was a $5.7m revenue headwind.

Analyst Daniel Rizzo commented, "Q4 EPS was $0.99... More

Jefferies Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q Report

Jefferies maintained a Hold rating on Genuine Parts (NYSE: GPC), and cut the price target to $95.00 (from $105.00), following the company's 3Q earnings report. Auto sales increased 1.5% yr/yr to $2.10B despite a core auto sales decline of 1.5% yr/yr. Industrial revenue declined 0.7% yr/yr... More

Jefferies Reiterates Buy on Halliburton (HAL) Following 3Q

Jefferies reiterated a Buy rating and $58.00 price target on Halliburton (NYSE: HAL) following the company's 3Q earnings report. 2017 EPS estimates were raised by $0.10 based on higher NAM margins partially offset by lower NAM revenues and modestly lower International margins. The 2018 EPS estimate remains $3.00.... More

Wedbush Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q

Wedbush maintained a Neutral rating on Genuine Parts (NYSE: GPC), and cut the price target to $95.00 (from $98.00), following the company's 3Q earnings report. GPC noted that the comp performance gap between weather-impacted regions including the Northeast and Central remained in same 400 bps... More

Wedbush Cuts Price Target on Tractor Supply (TSCO) to $65 Following 3Q

Wedbush maintained a Neutral rating on Tractor Supply Company (NASDAQ: TSCO), and cut the price target to $65.00 (from $72.00), following the company's 3Q earnings report. TSCOs sales cadence improved through 3Q with September comping positive, boosted by easier comparisons. However, TSCO reduced its 2016 store growth... More

Baird Remains Sidelined on Seagate Technology (STX) Following 1Q EPS Beat

Baird maintained a Neutral rating and $37.00 price target on Seagate Technology (NASDAQ: STX) following the company's 1Q earnings report. Non-GAAP EPS was $0.99, above the guidance of $0.91 and above consensus of $0.89. Revenue was $2.797 billion, as preannounced by Seagate. For 2Q17, management expects sequentially flat revenue.... More

Wedbush Cuts Price Target on eBay (EBAY) Following 3Q Beat

Wedbush maintained a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $33.00 (from $34.00), following the company's 3Q earnings report. Revenue of $2.22b grew 8% YoY FXN and topped consensus of $2.19 billion and the guidance range of $2.16-2.19b. Non-GAAP EPS of $0.45... More

Jefferies Remains Sidelined on American Express (AXP) Following 3Q

Jefferies maintained a Hold rating and $60.00 price target on American Express (NYSE: AXP) following the company's 3Q earnings report. Fee revenue helped to push EPS to $1.20, ahead of $0.96 estimates. Total non-interest revenues of $6.4B beat our $6.2B estimate primarily driven by better than... More

Guggenheim Cuts Price Target on Tractor Supply (TSCO) Following 3Q Report

Guggenheim maintained a Buy rating on Tractor Supply Company (NASDAQ: TSCO), and cut the price target to $85.00 (from $90.00), following the company's 3Q earnings report. Current business trends remain challenging as does predicting the timing of the arrival of consistently cold weather. During the earnings call, management... More

Needham & Company Remains Sidelined on eBay (EBAY) Following 3Q Report

Needham & Company reiterated a Hold rating on eBay (NASDAQ: EBAY) following the company's 3Q earnings report. eBay reported GMV of $20.1B, up 3% y/y or 5% ex-FX, and revenue of $2.2B, up 6% y/y or 8% ex-FX, slightly ahead of consensus estimates. eBay posted non-GAAP EPS of $0.45 for 3Q16,... More

Needham & Company Reiterates Buy Following Citrix Systems' (CTXS) 3Q Report

Needham & Company reiterated a Buy rating and $96.00 price target on Citrix Systems (NASDAQ: CTXS) following the company's 3Q earnings report. CTXS reported revenues of $841m and $1.32 EPS, well above consensus' $827m and $1.19 EPS.

Analyst Scott Zeller commented, "The Citrix SeptQ results were... More