Baird Downgrades Cerner (CERN) to Neutral
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Leerink Partners Remains Bullish on Cerner (CERN) Following Weak 3Q Report
November 2, 2016 7:46 AM EDTLeerink Partners maintained an Outperform rating on Cerner (NASDAQ: CERN), and cut the price target to $65.00 (from $70.00), following the company's 3Q earnings report. CERN reported adjusted EPS of $0.59 compared to the consensus of $0.60. Revenue of $1.185B missed the consensus estimate of $1.244B.... More
Cerner (CERN) Misses Q3 EPS by 1c, Offers Q4 & FY17 Guidance
November 1, 2016 4:09 PM EDTCerner (NASDAQ: CERN) reported Q3 EPS of $0.59, $0.01 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.24 billion.
GUIDANCE:
Cerner sees Q4 2016 EPS of $0.60-$0.62, versus the consensus of $0.65. Cerner sees Q4... More