Wall St. rallies on solid earnings, U.S.-China trade talks

J. C. Penney (JCP) PT Lowered to $2 at Deutsche Bank Following 2Q

Deutsche Bank analyst Paul Trussell lowered the price target on J. C. Penney (NYSE: JCP) to $2.00 (from $3.00) while maintaining a Hold rating following the company's 2Q earnings report. 2Q results were disappointing and largely driven by GPM pressure with the company missing EPS... More

Wal-Mart (WMT) PT Raised to $103 at Credit Suisse

Credit Suisse analyst Robert Spingarn raised the price target on Wal-Mart (NYSE: WMT) to $103.00 (from $85.00) while maintaining a Neutral rating.

Wal-Mart (WMT) PT Raised to $113 at Citi Following 2Q

Citi analyst Kate McShane raised the price target on Wal-Mart (NYSE: WMT) to $113.00 (from $101.00) while maintaining a Buy rating following the company's 2Q earnings report. WMTs top-line results pushed a solid beat in 2Q with accelerating SSS growth for both... More

Wal-Mart (WMT) PT Raised to $89 at Deutsche Bank Following 2Q

Deutsche Bank analyst Paul Trussell raised the price target on Wal-Mart (NYSE: WMT) to $89.00 (from $87.00) while maintaining a Hold rating following the company's 2Q earnings report. WMT posted a shockingly strong 2Q comp up 4.5% in the U.S., which easily topped the Street's... More

Wal-Mart (WMT) PT Raised to $102 at RBC Capital

RBC Capital analyst Scot Ciccarelli raised the price target on Wal-Mart (NYSE: WMT) to $102.00 (from $90.00) while maintaining a Sector Perform rating.

Ciccarelli said the Q2 results were impressive but investments will continue and the stock has already re-rated.

Cisco (CSCO) PT Raised to $55 at FBN Securities

FBN Securities analyst Shebly Seyrafi raised the price target on Cisco (NASDAQ: CSCO) to $55.00 (from $50.00) while maintaining an Outperform rating following solid results.

Seyrafi noted the company posted the strongest order growth in years (7% year-over-year).