Jefferies

Microsoft Corporation (NASDAQ: MSFT) reported fourth-quarter earnings Thursday. EPS came in at $1.14 versus analysts’ $1.08 consensus estimate. Sales for the quarter also beat the street’s estimate of $29.22 billion by about $900,000. The Street Weighs In Microsoft’s earnings...

Investors punished eBay Inc (NASDAQ: EBAY) after its second-quarter earnings report and forward looking guidance disappointed many investors. Here's a summary of how five of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Brian Nowak maintains an...

Given the fundamental improvements in energy stocks in the second quarter, Jefferies has made ratings changes to master limited partnerships in its coverage universe based on updated models and recent stock price moves. The Analyst Analyst Christopher Sighinolfi downgraded shares of both ONEOK,...

Jefferies dropped its bearish stance on Avon Products, Inc. (NYSE: AVP) Wednesday for valuation reasons, but said the beauty supplier continues to have significant challenges.  The Analyst Jefferies analyst Stephanie Wissink upgraded Avon from Underperform to Hold with a $1.50 price...

Despite potential risks from a trade war, Arconic Inc (NYSE: ARNC) and Constellium NV (NYSE: CSTM) boast favorable risk-reward profiles, according to Jefferies. The Analyst Jefferies' Martin Englert initiated coverage of Arconic with a Buy rating and $23 price target and Constellium ...

The large-cap tech powerhouses Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) — collectively "FANG" — are getting a second look from the sell-side ahead of their second-...

Broadcom Inc (NASDAQ: AVGO) moved 15 percent lower Thursday on mixed reactions following the announcement it had reached a deal to acquire CA, Inc. (NASDAQ: CA). CA Inc. (also known as CA Technologies) jumped 18 percent higher, realizing most of the 20 percent premium to the July 11 closing price...

Procter & Gamble Co (NYSE: PG) shares suffered a steep stumble through the first four months of the year, but the second quarter saw some long-awaited relief. Unfortunately, the recovery isn’t expected to last much longer. The Rating Jefferies analyst Kevin Grundy downgraded Procter and...

Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of PillPack, an online pharmacy previously targeted by Walmart Inc (NYSE: WMT). The transaction is seen to advance Amazon’s health care campaign to the detriment of the vast and diverse sector. What It Means For Amazon Amazon had...

Tenet Healthcare Corp (NYSE: THC) shares are up 128 percent year-to-date, reflecting cost-cutting efforts and earnings stabilization. But given the firm’s gains in top-line growth and multiple expansion, Jefferies expects the rally to come to an end.  The Rating Analyst Brian...

Walgreens Boots Alliance Inc (NASDAQ: WBA) suffered a blow Thursday when Amazon.com, Inc. (NASDAQ: AMZN) announced its official foray into the pharmacy business. The retailer’s stock plunged on the news, and while Jefferies backed investor sentiment, it measured a higher Walgreens valuation...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on personal income and consumer spending for May will be released at 8:30 a.m. ET, while the Chicago PMI for June is schedule for release at 9:45 a.m. ET. The University of Michigan's consumer sentiment index for...

Madison Square Garden Co’s (NYSE: MSG) large collection of entertainment holdings is underappreciated by investors, according to Jefferies. Besides its namesake arena, the company counts the New York Rangers, New York Knicks, TAO Group and Radio City Music Hall among its assets. ...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. Gross Domestic Product report and data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. The Kansas City Fed manufacturing index for June will be released at 11:00 a.m. ET. St. Louis Federal...

The sentiment surrounding Centurylink Inc (NYSE: CTL) remains negative and weighed down by its legacy rural telecom association, according to Jefferies. The perception is unjustified and the stock should gain at least 25 percent from where it trades today, in the sell-side firm's view. ...