Jefferies Raises Price Target on Quest Diagnostics (DGX) to $86 Following 2Q Earnings Report

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Quest Diagnostics (DGX) PT, Estimates Raised at Evercore ISI Amid Solid Q2

July 21, 2016 12:00 PM EDT

Evercore ISI analyst Ross Muken raised estimates and his price target on Quest Diagnostics (NYSE: DGX) to $89.50 (from $78.50) but maintained a Hold rating following results.

The firm raised FY 2016 EPS from $5.10 to $5.15, FY 2017 EPS from $5.55 to $5.60 and FY 2018 EPS from $5.95 to $6.15.

Muken commented, "Quests turnaround momentum continues as volumes have stabilized in the LSD, with a consistent price headwind... More

Quest Diagnostics (DGX) Tops Q2 EPS by 5c; Maintains FY Adjusted EPS Outlook

July 21, 2016 6:49 AM EDT

Quest Diagnostics (NYSE: DGX) reported Q2 EPS of $1.37, $0.05 better than the analyst estimate of $1.32. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.91 billion.

"We had another good quarter of earnings growth and a solid first half," said Steve... More

Trading Radar for 7/21: GM (GM), Chipotle (CMG), AMD (AMD), Starbucks (SBUX), Pandora (P), Visa (V), Travelers (TRV) Report

July 20, 2016 2:39 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 265kContinuing Claims - no Street consensusPhiladelphia Fed - Street sees 5.0

9:00am EDT

FHFA Housing Price Index - no Street consensus

Earnings:

ABB Ltd. (NYSE: ABB) - consensus EPS $0.26
Adeptus Health (NYSE: ADPT) - consensus EPS $0.51
Alaska Air Group (NYSE: ALK) - consensus EPS $2.07... More