Retailers weigh on Wall Street, Dow 20,000 slips away

Go back to Retailers weigh on Wall Street, Dow 20,000 slips away

RBC Capital Reiterates Outperform on ConAgra Brands (CAG) Following 2Q Report

December 23, 2016 7:31 AM EST

RBC Capital reiterated an Outperform rating and $42.00 price target on ConAgra Brands (NYSE: CAG) following the company's 2Q earnings report. Adjusted diluted EPS of $0.49 beatthe street estimates of $0.45. Revenue of $2.09B was below the consensus of $2.1B.

Analyst David Palmer commented, "We are... More

Brean Capital Raises Price Target on Micron Technology (MU) Following 1Q Earnings Report

December 22, 2016 9:38 AM EST

Brean Capital reiterated a Buy rating on Micron Technology (NASDAQ: MU), and raised the price target to $28.00 (from $25.00), following the company's 1Q earnings report. MU reported Nov-16Q revenue of $3.97B, which was above the mid-point of its pre-announced revenue of $3.94B and ahead of Consensus of $3.80B. OPEX for the Nov-16Q increased by about 10% Q/Q and this resulted in non-GAAP EPS of $0.32 vs. Consensus of $0.28.

Analyst Mike Burton... More

Deutsche Bank Reiterates Hold on Bed Bath & Beyond (BBBY) Following 3Q - PT to $48

December 22, 2016 8:55 AM EST

Deutsche Bank reiterated a Hold rating on Bed Bath & Beyond (NASDAQ: BBBY), and raised the price target to $48.00 (from $42.00), following the company's 3Q earnings report.... More

Deutsche Bank Cuts Price Target on Red Hat (RHT) to $90 Following 3Q Report

December 22, 2016 8:39 AM EST

Deutsche Bank maintained a Buy rating on Red Hat (NYSE: RHT), and cut the price target to $90.00 (from $95.00), following the company's 3Q earnings report.

Analyst... More

Deutsche Bank Raises Price Target on Micron Technology (MU) to $26 Following 1Q

December 22, 2016 8:25 AM EST

Deutsche Bank reiterated a Buy rating on Micron Technology (NASDAQ: MU), and raised the price target to $26.00 (from $24.00), following the company's 1Q earnings report.

Analyst... More

JMP Securities Cuts Price Target on Red Hat (RHT) Following Mixed 3Q

December 22, 2016 8:18 AM EST

JMP Securities maintained a Market Outperform rating on Red Hat (NYSE: RHT), and cut the price target to $93.00 (from $97.00), following the company's 3Q earnings... More