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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
UBS Raises Price Target on General Motors (GM) Following a $0.31 EPS Beat in Q3
October 22, 2015 11:57 AM EDTUBS reiterated a Buy rating on General Motors (NYSE: GM), and raised the price target to $50.00 (from $48.00), following the company's 3Q15 earnings results. GM reported a $0.31 Q3 beat vs. consensus. Adjusted EBIT of $3.1bn beat consensus of $2.7bn, reflecting strong margin growth in... More
RBC Capital Raises Price Target Following eBay's (EBAY) 3c EPS Beat
October 22, 2015 10:58 AM EDTRBC Capital reiterated a Sector Perform rating on eBay (NASDAQ: EBAY), and raised the price target to $30.00 (from $29.00), following the company's 3Q15 earnings report. EBAY reported Q3 Revenue of $2.10B, which was essentially right-in-line with The Street estimates. $0.43 in Non-GAAP EPS beat The Street at... More
Boeing (BA) Reports 3Q EPS Beat; Canaccord Genuity Reiterates Buy
October 22, 2015 10:27 AM EDTCanaccord Genuity reiterated a Buy rating and $165.00 price target on Boeing (NYSE: BA) following the company's 3Q15 earnings results. BA reported adjusted core EPS of $2.52 compared to the consensus estimates of $2.22.
Analyst Ken Herbert commented, "Boeing reported a better than expected Q3/15... More
Mizuho Securities Remains Neutral Following a 3c EPS Beat by eBay (EBAY)
October 22, 2015 9:43 AM EDTMizuho Securities reiterated a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $29.00 (from $30.00), following the company's 3Q15 earnings results. eBay reported 3Q15 revenue of $2.1b, which was slightly better than the Street estimates of $2.09b. Non-GAAP EPS came in at... More
RBC Capital Raises Price Target on Boeing (BA) Following 3Q15 EPS Beat
October 21, 2015 3:19 PM EDTRBC 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
Mizuho Securities Cuts Price Target on VMware (VMW) Following 3Q15 Results
October 21, 2015 10:42 AM EDTMizuho Securities maintained a Neutral rating on VMware (NYSE: VMW), and cut the price target to $60.00 (from $75.00), following the company's 3Q15 earnings results.
Analyst Abhey Lamba commented, "We are reiterating our Neutral rating while lowering our PT to $60 from $75 as we think VMW's... More
BMO Capital Cuts Price Target as VMware (VMW) Tries to Sell Virtustream Assets
October 21, 2015 10:31 AM EDTBMO Capital maintained a Market Perform rating on VMware (NYSE: VMW), and cut the price target to $76.00 (from $88.00), as the company forms a JV with EMC to sell Virtustream assets.
Analyst Keith Bachman commented, "EMC and VMW are forming a JV to sell the... More
VMware (VMW) Reports 3Q EPS of $1.02; Drexel Hamilton Reiterates Hold Rating
October 21, 2015 10:24 AM EDTDrexel Hamilton reiterated a Hold rating on VMware (NYSE: VMW), and cut the price target to $73.00 (from $80.00), following the company's 3Q15 earnings results. VMware reported 3Q:15 non-GAAP sales of $1.67 billion, with pro forma EPS of $1.02.
Analyst Brian White commented, "Last night, VMware... More
Jefferies Reiterates Buy Following Verizon Communications (VZ) 3Q Results
October 21, 2015 9:04 AM EDTJefferies reiterated a Buy rating and $53.00 price target on Verizon Communications (NYSE: VZ) following the company's 3Q15 earnings results.
Analyst Mike McCormack commented, "Results reflected better profitability in both Wireless and Wireline. Wireless continues to perform well in a challenging environment, evident in... More
Piper Jaffray Raises Price Target on Yahoo! (YHOO) Following 3Q Results
October 21, 2015 8:10 AM EDTPiper Jaffray reiterated an Overweight rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $33.00 (from $32.00), following the company's 3Q15 earnings results. Yahoo! reiterated its plan to proceed with its Aabaco/Alibaba spin-off despite the IRS's decline to rule on the transaction. The company stated it still hopes to... More
Wedbush Cuts Price Target on Chipotle Mexican Grill (CMG) Following EPS Miss
October 21, 2015 7:57 AM EDTWedbush reiterated a Neutral rating on Chipotle Mexican Grill (NYSE: CMG), and cut the price target to $700.00 (from $740.00), following the company's 3Q15 earnings results. EPS of $4.59 was slightly below $4.62 consensus.
Analyst Nick Setyan commented, "October comps are trending in-line with the August & September... More
Baird Cuts Price Target as VMware's (VMW) 3Q Results Fall In-Line with Preliminary Results
October 21, 2015 7:43 AM EDTBaird maintained an Outperform rating on VMware (NYSE: VMW), and cut the price target to $80.00 (from $95.00), following the company's 3Q15 earnings results. Revenue/non-GAAP EPS of $1.67 billion/$1.02 was in line with the preliminary results released in connection with the Dell-EMC merger announcement.
Analyst... More
Boeing (BA) Tops Q3 EPS by 30c; Boosts FY15 Outlook
October 21, 2015 7:38 AM EDTBoeing (NYSE: BA) reported Q3 EPS of $2.52, $0.30 better than the analyst estimate of $2.22. Revenue for the quarter came in at $25.8 billion versus the consensus estimate of $24.69 billion.
Boeing sees FY2015 EPS of $7.95-$8.15, versus prior guidance of $7.70-$7.90 and the consensus of $8.06. Operating cash flow... More
General Motors (GM) Tops Q3 EPS by 31c
October 21, 2015 7:33 AM EDTGeneral Motors (NYSE: GM) reported Q3 EPS of $1.50, $0.31 better than the analyst estimate of $1.19. Revenue for the quarter came in at $38.8 billion versus the consensus estimate of $38.78 billion.
Segment EBIT-Adjusted Results
GM North America reported record levels for EBIT-adjusted of $3.3... MoreRaymond James Downgrades VMware (VMW) to Market Perform
October 21, 2015 7:23 AM EDTRaymond James downgraded VMware (NYSE: VMW) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.
Shares of VMware closed at $68.76 yesterday.
... MoreSusquehanna Cuts Price Target on Yahoo! (YHOO) Following 3Q15 Results
October 21, 2015 7:22 AM EDTSusquehanna maintained a Positive rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $41.00 (from $43.00), following the company's 3Q15 earnings results.
Analyst Shyam Patil commented, "Core continues to languish. Lackluster search and other revenue caused revenue ex TAC to miss us and... More
