Wall St. near flat; energy shares weigh while tech helps

RBC Capital Raises Price Target on Boeing (BA) Following 3Q15 EPS Beat

RBC Capital reiterated a Sector Perform rating on Boeing (NYSE: BA), and raised the price target to $149.00 (from $145.00) following the company's 3Q15 earnings results. BA reported 'core' EPS of $2.52 coming in ahead of consensus at $2.21. Boeing defined 'core' EPS guidance was increased from... More

Caterpillar (CAT) Rolling Three-Month Global Sales Fell 11% in Sept.

Caterpillar (NYSE: CAT) is furnishing supplemental information concerning (i) retail sales of machines to end users and (ii) retail sales of power systems (including reciprocating and turbine engines and locomotives) to end users and Original Equipment Manufacturers (OEMs). Caterpillar sells the majority of its machinery and power systems to independently owned and operated dealers and OEMs to meet the demands of their customers, the end users. Caterpillar believes that this supplemental information may help readers better understand Caterpillars business and the industries it serves,... More

UBS Cuts Price Target on Morgan Stanley (MS) to $39 Following 3Q Results

UBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $39.00 (from $43.00), following the company's 3Q earnings results. Analyst Brennan Hawken said that the reaction to Morgan Stanley's results seems overdone, as expectations were high for the company.... More

IBM (IBM) Reports Weak 3Q Revenues; UBS Cuts Price Target to $145

UBS maintained a Neutral rating on IBM (NYSE: IBM), and cut the price target to $145.00 (from $170.00), following the company's 3Q15 earnings results. IBM reported weak revenues, missing consensus. EPS Beat Consensus estimates by 4c.

Analyst Steven Milunovich commented, "IBM reported a weak... More

Deutsche Bank Cuts Price Target Following IBM's (IBM) 4c EPS Beat

Deutsche Bank maintained a Hold rating on IBM (NYSE: IBM), and cut the price target to $150.00 (from $160.00), following the company's 3Q15 earnings report. IBM reported F3Q-15 sales of $19.28B and EPS of $3.34, mixed versus the
Street at $19.6B / $3.30.

Analyst Sherri... More

Drexel Hamilton Cuts Price Target to $170 Following IBM (IBM) 3Q Results

Drexel Hamilton reiterated a Buy rating on IBM (NYSE: IBM), and cut the price target to $170.00 (from $176.00), following the company's 3Q15 earnings results. Analyst Brian White continues to believe that IBM represents an attractive contrarian play for investors given that the sell-side analyst... More

IBM (IBM) Reports 3c EPS Beat; RBC Capital Cuts Price Target to $150

RBC Capital maintained a Sector Perform rating on IBM (NYSE: IBM), and cut the price target to $150.00 (from $155.00), following the company's 3Q15 earnings report. Revenue of $19.3B was below expectations, with the Street at $19.6B. Operating EPS of $3.34 was ahead of Street estimates of $3.31.

Analyst Amit Daryanani... More

IBM (IBM) Beat 3Q EPS by 3c; Jefferies Remains Bearish

Jefferies reiterated an Underperform rating and $125.00 price target on IBM (NYSE: IBM) following the company's 3Q15 earnings report. Q3 revenue hit $19.28B, missing Consensus of $19.6B. Q3 EPS of $3.34 modestly beat the Street's $3.31. IBM guided 2015 EPS to $14.75- $15.75 vs. prior guidance of $15.75-$16.50 (Street = $15.67).... More

BMO Capital Cuts Price Target to $155 Following IBM's (IBM) 3Q Earnings

BMO Capital maintained a Market Perform rating on IBM (NYSE: IBM), and cut the price target to $155.00 (from $165.00), following the company's 3Q15 earnings results. Analyst Keith Bachman believes that IBM faces a long transition driven by pressure in legacy business units/products that... More

Oprah Winfrey Squeezes Short Sellers in Weight Watchers (WTW)

It was a tough day for Weight Watchers (NYSE: WTW) shorts as shares advanced 115% after the company announced a major deal Oprah Winfrey that included a $43 million investment or 10% equity stake in the company.

"I believe in the program so much... More