Oil, earnings lift Wall Street but Intel drags
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- Tech stocks weigh on Wall Street as Iran stalemate lifts oil, yields
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Trump threatens to bomb Oman over Iran stance
- U.S. EV market shows signs of bottoming out: Bernstein
BMO Capital Raises Price Target on Halliburton (HAL) Following 3Q Report
October 20, 2016 9:27 AM EDTBMO Capital reiterated an Outperform rating on Halliburton (NYSE: HAL), and raised the price target to $58.00 (from $50.00), following the company's 3Q earnings report. HAL reported EPS of $0.01 with strong operating cashflow. EBITDA of $503mm beat consensus by 8%.
Analyst Daniel Boyd commented, "We... More
Jefferies Reiterates Buy on Halliburton (HAL) Following 3Q
October 20, 2016 8:45 AM EDTJefferies reiterated a Buy rating and $58.00 price target on Halliburton (NYSE: HAL) following the company's 3Q earnings report. 2017 EPS estimates were raised by $0.10 based on higher NAM margins partially offset by lower NAM revenues and modestly lower International margins. The 2018 EPS estimate remains $3.00.... More
RBC Capital Raises Price Target on Yahoo! (YHOO) to $45 Following 3Q
October 19, 2016 9:42 AM EDTRBC Capital reiterated a Sector Perform rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $45.00 (from $39.00), following the company's 3Q earnings report. YHOO reported revenue of $858MM, relatively in-line with the Street's estimate. 2017 Net Revenue estimate remains unchanged at $3.7B.... More
Mizuho Securities Remains Sidelined on Yahoo! (YHOO) Following 3Q Report and Guidance
October 19, 2016 9:16 AM EDTMizuho Securities reiterated a Neutral rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $42.00 (from $38.00), following the company's 3Q earnings report. 3Q revenues of $858m was slightly behind the Street's expectations of $861m. Non-GAAP EPS of $0.20 was ahead of expectations of $0.14. For... More
RBC Capital Reiterates Sector Perform on Intel (INTC) Following 3Q Beat
October 19, 2016 9:09 AM EDTRBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and cut the price target to $37.00 (from $38.00), following the company's 3Q earnings report. INTC reported revenues of $15.78B, ahead of the Street's $15.58B. EPS was reported at $0.80 vs. the Street's estimate of $0.73.
Analyst Amit Daryanani commented, "While investors will likely be... More
