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Morgan Stanley Raises Price Target on Best Buy (BBY) Following EPS Beat

November 18, 2016 1:16 PM EST

Morgan Stanley reiterated an Equalweight rating on Best Buy (NYSE: BBY), and raised the price target to $43.00 (from $35.00), following the company's 3Q earnings report. BBY reported a $0.15 beat in non-GAAP EPS compared to the Street's ($0.47) estimate.

Analyst Simeon Gutman commented, "Q3... More

Jefferies Reiterates Buy on Cisco Systems (CSCO) Following 1Q

November 17, 2016 8:14 AM EST

Jefferies reiterated a Buy rating and $35.00 price target on Cisco Systems (NASDAQ: CSCO) following the company's 1Q earnings report. CSCO reported overall sales of $12.352B and EPS of $0.61, beating Street expectations of $12.33B and $0.59, respectively. Management guided for January sales at... More

Drexel Hamilton Cuts Price Target on Cisco Systems (CSCO) Following 1Q and Soft Guide

November 17, 2016 8:06 AM EST

Drexel Hamilton reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and cut the price target to $36.00 (from $37.00), following the company's 1Q earnings report. Cisco reported 1Q sales of $12.35 billion that beat the consensus at $12.34 billion. Pro forma EPS of $0.61 was better than... More