Wall Street falls with energy shares; tax angst weighs
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- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Axsome Therapeutics (AXSM) PT Raised to $380 at Jefferies
Cisco (CSCO) PT Raised to $39 at UBS; Reiterates Buy
November 16, 2017 10:21 AM ESTUBS raised its price target on Cisco (NASDAQ: CSCO) to $39.00 (from $37.00) while maintaining a Buy rating. Cisco is in a multi-year transition in stabilizing the core and creating more recurring revenue. The direction seems correct and execution is improving.
Cisco slightly beat... More
Cisco (CSCO) PT Raised to $38 at MKM Partners Following 1Q
November 16, 2017 9:07 AM ESTMKM Partners raised its price target on Cisco (NASDAQ: CSCO) to $38.00 (from $34.00) while maintaining a Neutral rating following the company's 1Q earnings report. Cisco delivered in line revenues of $12.14bn and reported EPS of $0.61 or one penny better than expected.
MKM increased... More
Cisco (CSCO) PT Raised to $40 at Citi Following 1Q Release
November 16, 2017 8:53 AM ESTCiti raised its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $36.00) while maintaining a Buy rating following the company's 1Q earnings report. Reported sales of $12.1b were inline with consensus but EPS of $0.61 was above consensus of $0.60.
The companys January quarter... More
Cisco (CSCO) PT Raised to $37 at BofA/Merrill Lynch Remains Sidelined
November 16, 2017 8:50 AM ESTBofA/Merrill Lynch raised its price target on Cisco (NASDAQ: CSCO) to $37.00 (from $35.00) while maintaining a Neutral rating. Ciscos 1Q18 was mostly inline, with strong margins driving a 1c EPS beat. Management is calling for slightly better than expected 2Q18 revenues,... More
Cisco (CSCO) PT Raised to $33 at Nomura/Instinet; Remains Sidelined
November 16, 2017 7:42 AM ESTNomura/Instinet raised its price target on Cisco (NASDAQ: CSCO) to $33.00 (from $29.00) while maintaining a Neutral rating following the company's 1Q earnings release. Strong interest in new Catalyst 9000 campus switches and 8% security growth helped Cisco match consensus $12.1bn in F1Q sales. F1Q... More
Cisco (CSCO) PT Raised to $39 at KeyBanc Following 1Q
November 16, 2017 7:34 AM ESTKeyBanc raised its price target on Cisco (NASDAQ: CSCO) to $39.00 (from $33.00) while maintaining a Overweight rating following the company's 1Q release. CSCO highlighted gains in its recurring revenue, now at 32% of total (+3 points y/y), driven by an ongoing channel push related to Cisco... More
Target (TGT) PT Lowered to $52 at Goldman Sachs on 3Q Report; '4Q Guide Still Looks Conservative'
November 16, 2017 7:26 AM ESTGoldman Sachs lowered its price target on Target (NYSE: TGT) to $52.00 (from $55.00) while maintaining a Sell rating, following the company's third quarter earnings report.
Analyst Matthew Fasler notes a reduced price target, as management provided a conservative fourth quarter outlook based on... More
Target (TGT) PT Raised to $58 at Citi on 3Q Report; 'Solid 3Q... There Remains Uncertainy Over Near- and Medium-Term Prospects'
November 16, 2017 7:21 AM ESTCiti raised its price target on Target (NYSE: TGT) to $58.00 (from $56.00) while maintaining a Neutral rating, following the company's third quarter earnings report.
Analyst Kate McShane notes an increased in the price target, as the company reported third quarter earnings per share and... More
Target (TGT) PT Lowered to $62 at Stifel Following Mixed 3Q
November 15, 2017 4:44 PM ESTStifel lowered its price target on Target (NYSE: TGT) to $62.00 (from $65.00) while maintaining a Hold rating following the company's 3Q earnings report. Target reported mixed F3Q17 results with better-than-expected comp store sales growth of 0.9%, compared to consensus of 0.4% growth, offset by higher costs.... More

