Wall St. ends flat as recent rally spurs caution

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Canaccord Genuity Raises Price Target on Starwood Hotels (HOT) Following New Marriott (MAR) Offer

March 23, 2016 10:20 AM EDT

Canaccord Genuity reiterated a Buy rating on Starwood Hotels & Resorts (NYSE: HOT), and raised the price target of $88.00 (from $76.00), following a new MAR offer. UBS believes that MAR's current offer of $21 in cash and 0.80 MAR shares for every HOT share is the most attractive offer on the table today. Any further offer from Anbang would need to be at or above this... More

Longbow Research Downgrades Valspar (VAL) to Neutral

March 22, 2016 11:36 AM EDT

Longbow Research earlier downgraded Valspar (NYSE: VAL) from Buy to Neutral.

For an analyst ratings summary and ratings history on Valspar click here. For more ratings news on Valspar click here.

Shares of Valspar closed at $103.22 yesterday.

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Oppenheimer Reiterates Outperform as Apple (AAPL) Introduces New 4-Inch iPhone

March 22, 2016 9:33 AM EDT

Oppenheimer reiterated an Outperform rating and $120.00 price target on Apple (NASDAQ: AAPL) after the company announced new products at a press event. AAPL released a new, smaller 4-inch, iPhone at a more affordable price point of $399. The company also released a new 9.7-inch iPad Pro, a series of... More

BMO Capital Remains Bullish on Apple (AAPL) Following New Product Announcements

March 22, 2016 9:23 AM EDT

BMO Capital reiterated an Outperform rating and $130.00 price target on Apple (NASDAQ: AAPL) following a small product announcement event at its campus in Cupertino. The new iPhone is by far the most meaningful announcement today, as it helps Apple better capture share of the Android-dominated mass market. The... More

Piper Jaffray Raises Price Target on IHS (IHS) as Planned Markit Merger Creates Earnings Value

March 22, 2016 6:48 AM EDT

Piper Jaffray reiterated a Neutral rating on IHS Inc. (NYSE: IHS), and raised the price target to $123.00 (from $111.00), as the company's planned merger with Markit creates earnings leverage. IHS shareholders will receive 3.5566 shares of the new IHS Markit, resulting in IHS owners holding 57%... More

UBS Raises Price Target on Sherwin-Williams (SHW) Ahead of Valspar Acquisition Conference Call

March 21, 2016 8:49 AM EDT

UBS reiterated a Neutral rating on Sherwin-Williams (NYSE: SHW), and raised the price target to $290.00 (from $270.00), ahead of a company conference call to discuss the proposed acquisition of Valspar for ~$11.3B. VAL brings anchor architectural positions in Australia/New Zealand & China, and supports SHW's... More