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UPDATE: CLSA Upgrades BB&T
Monday, July 7, 2014 - 10:41am | 100Read More...CLSA upgraded shares of BB&T (NYSE: BBT) from Sell to Outperform and raised the price target from $33 to $45. The analysts at CLSA see the difficulties BB&T faced in 2013 receding moving further into 2014, due to improved operating leverage and performance as it begins to receive...
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CLSA Upgrades Apple on Back of Q2 Results
Thursday, April 24, 2014 - 10:58am | 199Read More...On Thursday, CLSA upgraded shares of Apple (NASDAQ: AAPL) from Outperform to Buy and raised the price target from $610 to $695. Analyst Avi Silver's upgrade is based on: Earnings momentum poised to accelerate as users upgrade to iPhone 6. The analyst is forecasting mid-teens EPS growth over the...
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Analysts Chime In as Macau Continues to Report Strong Growth
Tuesday, April 22, 2014 - 2:54pm | 214Read More...Sterne Agee analyst David Bain released some bullish comments on Macau, China's version of Las Vegas. In the note, Bain said table-only gross gaming revenue totaled $2.7 billion, and April's gross gaming revenue run-rate is now up nine percent year-over-year. Bain believes management teams...
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UPDATE: CLSA Upgrades Splunk
Thursday, April 3, 2014 - 3:17pm | 90Read More...Shares of Splunk (NASDAQ: SPLK) are down 6.4 percent to $66.50, despite being upgraded by CLSA from Underperform to Outperform. Analyst Ed Maguire views the 38 percent drop from the February high as a strategic entry point in a “strategic name.” According to Maguire, the slide has nothing to do...
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CLSA's Managing Director Ed Maguire Sees Good Things For Microsoft (MSFT)
Tuesday, July 2, 2013 - 8:32am | 300Read More...CLSA managing director and senior analyst Ed Maguire was interviewed on CNBC's Squawk Box Tuesday morning where he discussed the future of Microsoft (NASDAQ: MSFT). Many expected Microsoft to transition into a device and service-based company, restructuring from a software company. But, with the...
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A Peek Into The Market Before The Trading Starts
Thursday, March 21, 2013 - 7:49am | 363Read More...Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average gained 11 points to 14,420.00 and S&P 500 index futures fell 0.60 points to 1,548.70. Nasdaq 100 futures declined 2.25 points to 2,783.25. A Peek Into...
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A $1,000 Price Target on Google is Not That Far-Fetched
Thursday, February 21, 2013 - 1:58pm | 919Read More...Google (NASDAQ: GOOG) has been on quite a run as of late, gaining over 20 percent during the last three months, which looks even more impressive when compared to the 20 percent decline its chief rival Apple (NASDAQ: AAPL) demonstrated over the same period. A number of analysts increased price...
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Coach Plunges on Earnings Beat
Wednesday, January 23, 2013 - 12:48pm | 432Read More...Coach (NYSE: COH) is down big on Wednesday after a lackluster earnings report. The company missed analysts' expectations by $0.05 per share. According to Yahoo Finance, the average EPS estimate was $1.28. However, the company missed that mark, closing the quarter at $1.23 per share. Revenues...
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A Peek Into The Market Before The Trading Starts
Wednesday, November 21, 2012 - 8:19am | 381Read More...Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average gained 10 points to 12,769.00 and S&P 500 index futures rose 1.20 points to 1,387.50. Nasdaq 100 futures climbed 2 points to 2,595.50. A Peek...
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China: Economy Improving
Friday, November 9, 2012 - 10:04am | 745Read More...China released a raft of macroeconomic data today all of which point to accelerating growth and low inflation. Positive news out of China should translate into good news for the global economy, particularly in Asia. Global commodity prices may begin to rebound if the positive data reported today is...
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A Peek Into The Market Before The Trading Starts
Wednesday, May 16, 2012 - 7:19am | 388Read More...Pre-open movers US stock futures are mostly flat this morning. Futures for the Dow Jones Industrial Average gained 1 point to 12,606.00 and S&P 500 index futures rose 0.30 points to 1,328.50. Nasdaq 100 futures gained 2 points to 2,580.25. A Peek Into Global Markets European markets were...
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CLSA Downgrades VeriSign to Outperform
Friday, January 6, 2012 - 11:18am | 26Read More...CLSA has downgraded VeriSign (NASDAQ: VRSN) from Buy to Outperform and has lowered the price target from $40 to $38.
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CLSA Upgrades Lam Research to Outperform
Thursday, January 5, 2012 - 10:48am | 19Read More...CLSA has upgraded Lam Research (NASDAQ: LRCX) from Buy to Outperform.
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CLSA Downgrades Paychex to Sell
Thursday, December 22, 2011 - 10:34am | 23Read More...CLSA has downgraded Paychex (NASDAQ: PAYX) from Underperform to Sell and maintains its $28 price target.
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CLSA Downgrades Schnitzer Steel to Underperform
Tuesday, December 20, 2011 - 10:57am | 20Read More...CLSA has downgraded Schnitzer Steel (NASDAQ: SCHN) from Outperform to Underperform, $43 PT.
