S&P pulls back from record; Dow notches eighth day of gains

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BMO Capital Reiterates Outperform on Johnson & Johnson (JNJ) Following 2Q Report

July 20, 2016 10:39 AM EDT

BMO Capital reiterated an Outperform rating and $132.00 price target on Johnson & Johnson (NYSE: JNJ) following the company's 2Q earnings report. JNJ reported revenue of $18.48B, ahead of the consensus estimate of $17.98 billion. EPS of $1.74 was also above the consensus estimates at $1.68.

Analyst Joanne... More

BMO Capital Raises Price Target on Goldman Sachs (GS) Following EPS Beat

July 20, 2016 9:00 AM EDT

BMO Capital reiterated an Outperform rating on Goldman Sachs (NYSE: GS), and raised the price target to $214.00 (from $197.00), following the company's 2Q earnings report. GS reported an EPS of $3.75 ahead of the consensus estimate of $3.04.

Analyst James Fotheringham commented, "GS's 2Q16 core EPS of... More

Nomura Securities Reiterates Buy on Microsoft (MSFT) Following Solid 4Q

July 20, 2016 7:46 AM EDT

Nomura Securities reiterated a Buy rating and $65.00 price target on Microsoft (NASDAQ: MSFT) following the company's 4Q earnings report. Both revenues and EPS beat expectations. Microsoft guided to 1Q17 non-GAAP revenues of $21.2-21.9bn, below Street estimates at $22.2bn.

Analyst Frederick Grieb commented,... More

Canaccord Genuity Cuts Price Target on Netflix (NFLX) to $115 Following 2Q Report

July 19, 2016 10:30 AM EDT

Canaccord Genuity maintained a Buy rating on Netflix (NASDAQ: NFLX), and cut the price target to $115.00 (from $120.00), following the company's 2Q earnings report. Total domestic net adds came in at 160k, substantially below the 500k guidance. International net adds missed as well,... More

Needham & Company Reiterates Hold on Netflix (NFLX) Following Sub Miss

July 19, 2016 9:37 AM EDT

Needham & Company reiterated a Hold rating on Netflix (NASDAQ: NFLX) following the company's 2Q report. NFLX reported a Sub miss with 46.0mm paid streaming subscribers in the U.S, and 33.9mm international subs, below guidance of 46.4mm in the U.S. and 34.3mm abroad.... More

UBS Remains Sidelined on IBM (IBM) Following 2Q - PT to $160

July 19, 2016 9:19 AM EDT

UBS reiterated a Neutral rating on IBM (NYSE: IBM), and raised the price target to $160.00 (from $150.00), following the company's 2Q earnings report.

Analyst Steven Milunovich commented, "Our view on IBM has been steadfastly neutral. We think the bears don't give IBM... More