Health stocks boost Wall Street; energy a drag
- S&P 500, Nasdaq dip as interest rate concerns, earnings weigh
- ASML slides as Q1 sales fall short but firm still on track for 2025 revenue target
- United Airlines maintains forecast after Q1 results top Wall Street estimates
- Dollar eases, near 5-1/2 month high, on hawkish Fed outlook
- Abbott Laboratories (ABT) narrows 2024 earnings guidance, shares slip
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- ICZOOM Group (IZM) Discloses Request to Withdraw Registration Statement on Form F-1
- Alaska Airlines flights resume after being grounded over aircraft system issue
- GE HealthCare (GEHC) Announces Resignation of Jan Makela, CEO of Imaging
- Barnes & Noble Education (BNED) Enters Definitive Agreement with Immersion (IMMR)
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Morgan Stanley, UnitedHealth and Bank of America rise premarket; Tesla falls
- After-hours movers: Tesla, Gildan Activewear, Macatawa Bank, and more
UBS Raises Price Target on UnitedHealth Group (UNH) Following Investor Day
November 30, 2016 9:49 AM ESTUBS reiterated a Buy rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $193.00 (from $180.00), following the company's investor day. UNH expects its Medicare Advantage enrollment to grow by 700-800K lives in 2017, a 19-22% Y/Y increase. UBS raised 2016 EPS estimates to $9.45 and... More
Leerink Partners Raises Price Target on UnitedHealth Group (UNH) to $195; Reiterates Outperform
November 30, 2016 7:46 AM ESTLeerink Partners reiterated an Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $195.00 (from $185.00), following a company update. EPS guidance of $9.30 - $9.60 came in better than the Street expectation of $9.16. The EPS upside is driven by better than expected top-line growth in MA, and Optum as well as the ObamaCare tax holiday.
Analyst Ana Gupte, commented, "We remain bullish on UNH (OP) and reiterate our top pick status on the name while raising estimates and PT to $195. In addition to surprising meaningfully to the upside on 2017 guidance,... More
Mizuho Securities Reiterates Buy on Tiffany & Co. (TIF) Following 3Q Report
November 29, 2016 9:33 AM ESTMizuho Securities reiterated a Buy rating and $82.00 price target on Tiffany & Co. (NYSE: TIF) following the company's 3Q earnings report. TIF reported EPS of $0.76, above the Streets estimate of $0.67. Management reiterated prior guidance for MSD% decline in EPS, which implies FY16 EPS of $3.61-3.68,... More
Mizuho Securities Remains Bullish on Mallinckrodt (MNK) Following Strong 4Q
November 29, 2016 8:46 AM ESTMizuho Securities reiterated a Buy rating and $87.00 price target on Mallinckrodt plc (NYSE: MNK) following the company's 4Q earnings report. MNK reported revenues of $887.2M and adjusted EPS of $2.04, both ahead of consensus estimates of $832.1M and $1.90. Total branded sales of $633.1M outperformed consensus estimates of $596.6M.
Analyst Irina Koffler commented,... More