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Canaccord Genuity Raises Price target Following Amazon.com's (AMZN) 3Q Results

October 23, 2015 10:04 AM EDT

Canaccord Genuity reiterated a Hold rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $600.00 (from $525.00), following the company's 3Q results.

Analyst Michael Graham commented, "Amazon's Q3 results exceeded expectations soundly. We think it was particularly impressive that every revenue growth... More

FBR Capital Raises Price Target on Microsoft (MSFT) Following 1Q16

October 23, 2015 7:10 AM EDT

FBR Capital reiterated an Outperform rating on Microsoft (NASDAQ: MSFT), and raised the price target to $60.00 (from $53.00), following the company's 1Q16 earnings results. Total revenue of $21.7 billion came in above the Street's estimate of $20.7 billion, as the company posted stronger-thanexpected results in Office 365, Dynamics CRM Online, and computer gaming and hardware.

Analyst Daniel Ives commented, "Last night,... More

Sterne Agee CRT Raises Price target Following Texas Instruments (TXN) 3Q EPS Beat

October 22, 2015 11:07 AM EDT

Sterne Agee CRT reiterated a Buy rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $63.00 (from $60.00), following the company's 3Q earnings results. TXN reported revenue/GM/EPS of $3.43B/58.2%/$0.76, well above consensus of $3.28B/58.2%/$0.68. At the midpoint TXN guided revenue/EPS to... More

RBC Capital Raises Price Target Following eBay's (EBAY) 3c EPS Beat

October 22, 2015 10:58 AM EDT

RBC 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

RBC Capital Raises Price Target as Texas Instruments (TXN) Reports 3Q EPS Beat

October 22, 2015 10:49 AM EDT

RBC Capital reiterated an Outperform rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $60.00 (from $58.00), following the company's 3Q15 earnings results. TXN reported results that were above expectations with revenues/EPS of $3.43B/ $0.76 vs. Street at $3.28B/ $0.68. TXN expects... More

Citron Research to Discuss Valeant Pharma (VRX) at 12:30PM on Bloomberg

October 22, 2015 10:45 AM EDT

Citron Research said it will be on Bloomberg TV at 12:30PM ET to discuss Valeant Pharma (NYSE: VRX) which follows yesterday's scathing report and drastic sell-off.

Bloomberg's live feed can be found here:... More

Cowen Raises Price Target on Texas Instruments (TXN) Following 9c EPS Beat

October 22, 2015 9:12 AM EDT

Cowen reiterated a Market Perform rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $59.00 (from $58.00), following the company's 3Q15 earnings results. EPS was reported at $0.76, $0.09 above the Street's estimates.

Analyst Timothy Arcuri commented, "While TXN is certainly not blind... More

Wedbush Raises Price Target Following Texas Instruments (TXN) 3Q EPS Beat

October 22, 2015 8:03 AM EDT

Wedbush reiterated an Outperform rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $60.00 (from $55.00), following the company's 3Q15 earnings results. Q3 GAAP EPS of $0.76 on revenue of $3.43B (+6% Q/Q) was well above the Street estimates of $0.67 and $3.28B.

Analyst Betsy... More

McDonald's (MCD) Tops Q3 EPS by 12c

October 22, 2015 7:59 AM EDT

McDonald's (NYSE: MCD) reported Q3 EPS of $1.40, $0.12 better than the analyst estimate of $1.28. Revenue for the quarter came in at $6.62 billion versus the consensus estimate of $6.41 billion.

The following third quarter results included a benefit from comparison to the 2014 China supplier... More

Caterpillar (CAT) Misses Q3 EPS by 3c; Trims FY15 EPS Outlook

October 22, 2015 7:33 AM EDT

Caterpillar (NYSE: CAT) reported Q3 EPS of $0.75, $0.03 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $11 billion versus the consensus estimate of $11.16 billion.

2015 Outlook

The 2015 outlook for sales and revenues is about $48 billion, and that is unchanged from the outlook that was included with the September 24 announcement of new restructuring actions.

The outlook for profit per share is about $3.70, or $4.60 excluding restructuring costs. The expectation for 2015 restructuring costs has increased significantly, from about $250 million to about $800 million, and is a result of the additional restructuring... More

UPDATE: 3M Co. (MMM) Tops Q3 EPS by 5c; Announces Restructuring Plan

October 22, 2015 7:31 AM EDT

(Updated - October 22, 2015 8:23 AM EDT)

(Update corrects consensus EPS to $2.00.)

3M Co. (NYSE: MMM) reported Q3 EPS of $2.05, topping the analyst estimate of $2.00. Revenue for the quarter came in at $7.71 billion versus the consensus estimate of $7.85 billion.

To further strengthen its... More

FBR Capital Raises Price target on Texas Instruments (TXN) Following 3Q EPS Beat

October 22, 2015 7:08 AM EDT

FBR Capital reiterated a Market Perform rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $58.00 (from $55.00), following the company's 3Q15 earnings report. TXN's revenue was $3.43 billion, better than the Street's estimate of $3.29 billion. GAAP EPS of $0.76 was better than consensus estimates of $0.68.

Analyst Christopher Rolland... More