S&P hits two-week high on strong earnings; M&A supports

Oppenheimer Raises Price Target on T-Mobile (TMUS) to $55 Following 3Q Report

Oppenheimer reiterated an Outperform rating on T-Mobile US, (NASDAQ: TMUS), and raised the price target to $55.00 (from $48.00), following the company's 3Q earnings report. Service revenue grew 13.2%, while Adjusted EBITDA of $2.43B grew 27% y/y despite strong promotional activity surrounding the iPhone launch. 3Q16 marked the 14th... More

SunTrust Robinson Humphrey Reiterates Buy as TD Ameritrade (AMTD) Announces Scottrade Acquisition

SunTrust Robinson Humphrey reiterated a Buy rating on TD Ameritrade (NASDAQ: AMTD), and raised the price target to $42.00 (from $38.00), following the company's 4Q earnings report and announced acquisition of Scottrade. The total consideration ($4 billion) and basic structure of the transaction were consistent with earlier... More

Credit Suisse Downgrades Time Warner (TWX) to Neutral Following Takeover

Credit Suisse downgraded Time Warner (NYSE: TWX) from Outperform to Neutral with a price target of $107.50 (from $90.00) after the company agreed to be acquired by AT&T for $107.50 per share.

Analyst O. Sheikh commented, "We believe the value of the offer... More

Time Warner (TWX) PT Raised to $108 at BMO Capital

BMO Capital analyst Daniel Salmon raised his price target on Market Perform-rated Time Warner (NYSE: TWX) to $108.00 (from $75.00) after the company agreed to be acquired by AT&T for $107.50 per share.

Salmon commented, " We think there are lots of precedents for regulatory... More

Time Warner (TWX) PT Raised to $97 at FBR Capital

FBR Capital analyst Barton Crockett raised his price target on Market Perform-rated Time Warner (NYSE: TWX) to $97.00 (from $81.00) after the company agreed to be acquired by AT&T for $107.50/share.

Crockett commented, "Time Warner shareholders should be happy for this $85 billion offer,... More

Time Warner (TWX) PT Raised to $105 at Wedbush

Wedbush analyst James Dix raised his price target on Neutral-rated Time Warner (NYSE: TWX) to $105.00 (from $90.00) after the company agreed to be acquired by AT&T.

Dix commented, "AT&Ts $107.50 per share, 50-50 cash-stock (less if T$41.349),... More

Time Warner (TWX) PT Raised to $107.50 at Nomura Following Deal

Nomura Securities analyst Anthony DiClemente raised his price target on Neutral-rated Time Warner (NYSE: TWX) to $107.50 (from $85.00) after the company agreed to be acquired by AT&T for $107.50 a share (50/50 cash and stock), a 36% premium to Wednesday's close (prior to reports of a potential... More

Kimberly-Clark (KMB) Misses Q3 EPS by 2c; Eases FY16 Outlook

Kimberly-Clark (NYSE: KMB) reported Q3 EPS of $1.52, $0.02 worse than the analyst estimate of $1.54. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.73 billion.

GUIDANCE:

Kimberly-Clark sees FY2016 EPS of $5.95 - $6.05, versus prior guidance of $5.95 - $6.15 and the... More