Investors look to Fed, earnings for direction next week
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January 26, 2016 9:45 AM EST
Oppenheimer maintained an Outperform rating on Halliburton (NYSE: HAL), and cut the price target to $40.00 (from $48.00), following the company's 4Q earnings report. Management reiterated several times that 2016 will be a tough slog. Oppenheimer expects 2016 to mark the trough of the cycle. It is still unclear when a... More
January 26, 2016 8:54 AM EST
UBS maintained a Buy rating on Halliburton (NYSE: HAL), and cut the price target to $45.00 (from $48.00), following the company's 4Q earnings report. HAL Reported 4Q EPS of $0.31 vs. consensus of $0.24. On the much discussed merger with BHI, UBS remains constructive on HAL with or without the merger taking place. If the merger does not go through the $3.5 bil payout would equate to... More
January 26, 2016 8:19 AM EST
Jefferies reiterated a Hold rating on McDonald's (NYSE: MCD), and raised the price target to $115.00 (from $110.00), following the company's 4Q earnings report. Although MCD is still in turnaround mode, the momentum regained in US is hard to ignore. Contributors included All-day breakfast... More
