UBS Raises Price Target on Concho Resources (CXO) Following 2Q EPS Beat
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KLR Group Raises Price Target on Concho Resources (CXO) to $153; Reiterates Accumulate
August 3, 2016 2:19 PM EDTKLR Group reiterated an Accumulate rating on Concho Resources (NYSE: CXO), and raised the price target to $153.00 (from $138.00), following the company's 2Q earnings report.
Analyst John Gerdes commented, "We are increasing our CXO target price $15 to $153 per share due to almost 15% lower operating expense and... More
Concho Resources (CXO) Tops Q2 EPS by 27c
August 2, 2016 5:59 PM EDTConcho Resources (NYSE: CXO) reported Q2 adj EPS of $0.26, $0.27 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $396.3 million versus the consensus estimate of $482.5 million.
Tim Leach, Chairman, Chief Executive Officer and President, commented, We continue to execute a... More
Trading Radar for 8/2: CVS Health (CVS), Aetna (AET), Fitbit (FIT), Mosaic (MOS), Seagate (STX) Report
August 1, 2016 2:49 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Aetna (NYSE: AET) - consensus EPS $2.12
Allot Communications (Nasdaq: ALLT) - consensus loss $0.01
AmerisourceBergen (NYSE: ABC) - consensus EPS $1.27
Archer Daniels Midland (NYSE:... More
