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UBS Raises Price Target on General Electric (GE) to $37 Following 2Q

July 25, 2016 8:17 AM EDT

UBS reiterated a Buy rating on General Electric (NYSE: GE), and raised the price target to $37.00 (from $34.00), following the company's 2Q earnings report.

Analyst Shannon O'Callaghan commented, "2Q orders were down 16% organically, driven by a 30% organic decline in equipment orders, but we think... More

Jefferies Cuts Price Target on Starbucks Coffee (SBUX) Following In-Line Quarter

July 22, 2016 8:18 AM EDT

Jefferies maintained a Buy rating on Starbucks Coffee (NASDAQ: SBUX), and cut the price target to $65.00 (from $70.00) following the company's 3Q earnings report. SBUX reported an in-line EPS. Management maintained 2016 EPS guidance.

Analyst Andy Barish commented, "SBUX eked out an... More