China fears hand Wall St. its worst day since 2011
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August 25, 2015 8:05 AM EDT
Nomura Securities reiterated a Buy rating and $145.00 price target on Apple (NASDAQ: AAPL) following an update by CEO, Time Cook. Mr. Cook indicated internal updates as of yesterday morning showed China growth to be strong. With pricing in a ~%15 decline, Analyst Jeffrey Kvaal said... More
August 21, 2015 8:34 AM EDT
UBS reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target to $89.00 (from $85.00), following the company's 2Q16 earnings results. Revenue of $1,635M beat the Street's $1,599M and guidance of $1,590-1,600M. EPS of $0.19 beat Street's $0.18 estimate, and guidance of $0.17-0.18.
Analyst Brent Thill commented,... More
August 21, 2015 7:58 AM EDT
UBS maintained a Buy rating on Hewlett-Packard (NYSE: HPQ), and cut the price target to $36.00 (from $40.00), following the company's 3Q15 earnings report. HPQ reported revenue of $25.3B compared to the Street's $25.44B. EPS was reported at $0.88, beating Street's $0.85. F4Q guidance was lowered to $0.92-0.98.... More
