Wall St. dips as investors assess rate outlook

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UBS Raises Price Target on Deere & Co. (DE) to $87 Following 3Q Conference Call

August 22, 2016 7:32 AM EDT

UBS reiterated a Neutral rating on Deere & Co. (NYSE: DE), and raised the price target to $87.00 (from $80.00), following the company's 3Q release and conference call. Deere & Co.'s CFO claims that the company can improve pre-tax income by at least $500m by the end of 2018 if the downturn in large... More

Credit Suisse Raises Price Target on Applied Materials (AMAT) Following 3Q Report

August 19, 2016 11:39 AM EDT

Credit Suisse reiterated an Outperform rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $34.00 (from $29.00), following the company's 3Q earnings report. EPS beat of $0.02 over the Street was primarily driven by lower taxes. Revenues were reported at $2.82bn missed the Street's $2.87bn... More

Stifel Reiterates Buy on Estée Lauder (EL) Following 4Q EPS Beat

August 19, 2016 9:34 AM EDT

Stifel reiterated a Buy rating and $105.00 price target on Estee Lauder (NYSE: EL) following the company's 4Q earnings report. EL reported EPS at $0.43, beating the consensus estimates by $0.03. Adjusted sales growth of 7% was approximately inline with year-to-date results, with the 2-year CAGR also in line... More