Wall Street edges up as Nasdaq sets record high
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February 8, 2017 9:39 AM EST
Oppenheimer lowered its price target on Michael Kors (NYSE: KORS) to $36.00 (from $42.00) while maintaining a Outperform rating.
Analyst Anna Andreeva commented, "After flattish earnings this entire year, even with brand/category headwinds, KORS' F4Q17 guidance calls for EPS down ~25%, with comps... More
February 8, 2017 9:31 AM EST
Piper Jaffray raised its price target on General Motors (NYSE: GM) to $43.00 (from $42.00) while maintaining a Overweight rating. Net automotive revenue of $41.2B was above the Street estimate of $39.1B. Adjusted EPS of $1.28 beat consensus estimates of $1.17.
Analyst Alexander Potter commented, "We reiterate our... More
February 7, 2017 2:00 PM EST
Mizuho Securities lowered its price target on Michael Kors (NYSE: KORS) to $38.00 (from $50.00) while maintaining a Neutral rating.
Analyst Betty Chen commented, "We are lowering our estimates and PT to $38 from $50 to reflect the dramatic guide cut and a corresponding... More
February 7, 2017 11:24 AM EST
Morgan Stanley reiterated an Overweight rating and $42.00 price target on General Motors (NYSE: GM) following the company's 4Q earnings report.
Analyst Adam Jonas commented, "GM posted an 18% beat vs. our Adj. EBIT ests, driven by NA and Europe. Other regions in line. GM... More
