Wall Street falls with energy shares; tax angst weighs

Go back to Wall Street falls with energy shares; tax angst weighs

Cisco (CSCO) PT Raised to $39 at UBS; Reiterates Buy

November 16, 2017 10:21 AM EST

UBS 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 EST

MKM 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 EST

Citi 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 EST

BofA/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 EST

Nomura/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 EST

KeyBanc 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 EST

Goldman 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 EST

Citi 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 EST

Stifel 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