Job Growth Holds Steady, Hourly Earnings Growth Up in September
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Goldman Sachs Reiterates Buy on IHS Markit (INFO) Following Investor Meetings
October 3, 2018 8:53 AM EDTGoldman Sachs analyst, George Tong, reiterated a Buy rating and $60.00 price target on IHS Markit (NASDAQ: INFO) following investor meetings. In the meetings, management reiterated expectations for 5-7% annual organic revenue growth, 100 bps of annual margin expansion pre-FX and Ipreo, and double-digit EPS... More
Paychex (PAYX) PT Raised to $73 at Stifel Following 1Q
October 3, 2018 7:52 AM EDTStifel analyst David Grossman raised the price target on Paychex (NASDAQ: PAYX) to $73.00 (from $69.00) while maintaining a Hold rating following the company's 1Q report. Modest revenue outperformance (1.5%) resulted in a modest EPS beat ($0.01/sh) and management reiterated revenue (+6-7% y/y) and EPS guidance... More
Paychex (PAYX) PT Raised to $79 at Deutsche Bank Following Solid 1Q
October 3, 2018 7:34 AM EDTDeutsche Bank analyst Bryan Keane raised the price target on Paychex (NASDAQ: PAYX) to $79.00 (from $68.00) while maintaining a Hold rating following the company's 1Q report. PAYX reported total revenues of $862.8m beating consensus estimate of $854m. PAYX delivered EPS of $0.67 which was $0.02 higher than... More
Paychex (PAYX) PT Raised to $73 at Citi Following 1Q Report
October 3, 2018 7:30 AM EDTCiti analyst, Ashwin Shirvaikar, raised the price target on Paychex (NASDAQ: PAYX) to $73.00 (from $67.00) while maintaining a Neutral rating following the company's 1Q earnings report. PAYX reported revenues of $862.8 mil, above consensus estimates of $850 mil. EPS of $0.67 grew 17.8% y/y and was above consensus... More
