Wall Street lower after weak results from IBM, United Tech

UBS Maintains Bullish Views on Apple (AAPL) Following 3Q15

UBS reiterated a Buy rating and $150.00 price target on Apple (NASDAQ: AAPL) following 3Q15. Analyst Steven Milunovich said that apart from a soft iPhone number of 47.5mn, APPL's quarter and outlook met consensus expectations. However, it is unclear if Sep guidance includes... More

Oppenheimer Remains Bullish on Verizon Communications (VZ) Following 2Q15

Oppenheimer reiterated an Outperform rating and $54.00 price target on Verizon Communications (NYSE: VZ) following its 2Q15 earnings report. Analyst Timothy Horan said that VZ reported strong margins and EPS growth. However, ARPA came in weaker than expected. Oppenheimer is lowering estimated revenue by... More

Oppenheimer Cuts Price Target on Yahoo! (YHOO) Following Weaker 3Q Guidance

Oppenheimer maintained an Outperform rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $56.00 (from $58.00), following weaker 3Q guidance. Management guided net revenue to 5% below Street.

Analyst Jason Helfstein commented, "We are reducing our target to $56 from $58, following weaker 3Q guidance. More... More

Needham & Company Reiterated Buy and $55 Price Target on Yahoo! (YHOO) Following 2Q15

Needham & Company reiterated a Buy rating and $55.00 price target on Yahoo! (NASDAQ: YHOO) following 2Q15. YHOO reported 2Q15 net revenue (ex-TAC) of $1.043B and Non-GAAP EPS of $0.16. Analyst Laura Martin said that YHOO reiterated its commitments to spin off Alibaba in 4Q15 and maximize... More

Jefferies Maintained Hold Rating on Apple (AAPL) Following 3Q Beat

Jefferies maintained a Hold rating and $135.00 price target on Apple (NASDAQ: AAPL) following 3Q beat. Analyst Sundeep Bajikar said that although the results beat street estimates, the results and guidance missed higher expectations. on top of that, Bajikar said that checks suggested that Apple is facing strong competition, on... More

Cantor Fitzgerald Raises Price Target on Yahoo! (YHOO) Following 2Q15 Results

Cantor Fitzgerald reiterated a Buy rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $62.00 (from $60.00), Yahoo! reported revenue ex-TAC of $1.043B, 1.2% ahead of consensus' $1.030B. EPS of $0.16 was below the Street's $0.18.

Analyst Youssef Squali commented, "Yahoo! reported virtually in-line results relative... More

RBC Capital Cuts Price Target to $114 Following United Technologies (UTX) 2Q EPS Beat

RBC Capital maintained an Outperform rating on United Technologies (NYSE: UTX), and cut the price target to $114.00 (from $141.00), following its 2Q15 earnings report. UTX reported 2Q15 EPS of $1.73, beating consensus by 2c. Management decided to cut 2015 guidance with the EPS forecast declining from $6.356.55 to $6.156.30. Analyst... More

Mizuho Securities Cuts Price Target on Yahoo! (YHOO) to $48 Following 2Q15

Mizuho Securities reiterated a Buy rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $48.00 (from $51.00), following 2Q15 results. Analyst Neil Doshi thinks that expectations remain low for YHOO, but the company is gaining traction on gross revenue.

Doshi commented,... More

Oppenheimer Remains Positive on Microsoft (MSFT) Following 4Q15

Oppenheimer reiterated an Outperform rating and $50.00 price target on Microsoft (NASDAQ: MSFT) following 4Q15 results. MSFT reported revenues of $22.2B and EPS of $0.62 (Street $0.56).

Analyst Shaul Eyal commented, "Excluding the one-time impairment charge relating to the NOK write-off, MSFT results... More