Dow closes high on earnings; dollar flat after Fed chair report
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
3M (MMM) PT Raised to $257 at BofA/Merrill Lynch Following 3Q
October 25, 2017 9:34 AM EDTBofA/Merrill Lynch raised its price target on 3M (NYSE: MMM) to $257.00 (from $227.00) while maintaining a Buy rating following the company's 3Q. 3Ms EPS of $2.33 beat the consensus of $2.21. 3M recorded strategic investments of $48mn ($0.06/sh) in 3Q, below estimates of $0.11 but... More
Caterpillar (CAT) PT Raised to $140 at Baird Following 3Q
October 25, 2017 8:42 AM EDTBaird raised its price target on Caterpillar (NYSE: CAT) to $140.00 (from $130.00) while maintaining a Neutral rating following the company's 3Q report. CAT reported adjusted EPS of $1.95, above consensus of $1.27.
2017 guidance was raised, given recent dealer inventory dynamics 4Q appears to have upside. CAT expects 2017... More
3M (MMM) PT Raised to $209 at RBC Capital Following 3Q Beat
October 25, 2017 7:47 AM EDTRBC Capital raised its price target on 3M (NYSE: MMM) to $209.00 (from $205.00) while maintaining a Sector Perform rating following the company's 3Q release. The company reported a 12c EPS beat in the quarter. 3M achieved flat pricing in 3Q17, quelling some of the... More
