Wall St. opens higher on strong quarterly reports

UBS Raises Price Target to $220 Following Goldman Sachs (GS) 2Q Results

UBS maintained a Neutral rating on Goldman Sachs (NYSE: ), and raised the price target to $220.00 (from $200.00) following 2Q results. Analyst Brennan Hawken believes that the liberalization of markets in the Asian region will be positive for GS long-term.

Hawken commented, "Like peers, GS's 2Q results were impacted in part by weaker spread products... More

Oppenheimer Raised Price Target to $140 Following UnitedHealth Group's (UNH) EPS Beat

Oppenheimer maintained Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $140.00 (from $133.00), following 2Q15 earnings release. UNH reported 2Q15 EPS of $1.64 vs. Street consensus of $1.58.

Analyst Michael Wiederhorn commented, "UNH reported 2Q15 EPS of $1.64 vs. our estimate of $1.57 and Street consensus... More

Leerink Partners Raises Price Market on UnitedHealth Group (UNH) Following 2Q EPS Beat

Leerink Partners maintained an Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $160.00 (from $155.00), UNH posted a 6c EPS beat at $1.64. Revenues of $36.3b beat consensus estimates of $35.66b.

Analyst Ana Gupte commented, "UNH posted a 6c EPS beat in 2Q15 with an 8c EPS guidance raise. Revenues also beat, with guidance raised by $11B to reflect early close of the CTRX transaction, to $154B. The... More

Wedbush Raises Price Target on UnitedHealth Group (UNH) Following 2Q15 Results

Wedbush maintained an Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $143.00 (from $138.00), following 2Q15 results. Analyst Sara James says that the Optum strategy to grow external sales and expand existing relationships is tracking in-line to better than expectations.... More

Mizuho Securities Raises Price Target on UnitedHealth Group (UNH) Following 2Q15 Results

Mizuho Securities maintained a Buy rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $150.00 (from $146.00), following 2Q15 results. Analyst Sheryl Skolnick saw no real evidence of any problematic pricing, and says that upside was further "proof" that the "Optumization" of UNH continues.

Skolnick commented, "Clearly, analysts were... More

Mizuho Securities Raises Price Target on eBay (EBAY) Following 2Q EPS Beat

Mizuho Securities maintained a Neutral rating on eBay (NASDAQ: EBAY), and raised the price target to $70.00 (from $65.00), following 2Q15 results. EBAY reported 2Q15 revenue of $4.4b, compared to $4.49 consensus. non-GAAP EPS of $0.76 came in above $0.72 consensus.

Analyst Neil Doshi commented, "eBay... More

Piper Jaffray Remains Neutral on Mattel (MAT) Following 2Q15 Results

Piper Jaffray maintained a Neutral rating and $26.00 price target on Mattel Inc. (NASDAQ: MAT) following 2Q15 results. Q2 EPS of $0.01 came in ahead of Street's estimate of ($0.04). Analyst Stephanie Wissink expects a heavily promotional 2H, and thinks shares will trade in mid-$20s range near-term.

Wissink... More

Rosenblatt Upgrades Netflix (NFLX) to Buy, $125 PT; Party to Continue

Rosenblatt upgraded Netflix (NASDAQ: NFLX) from Neutral to Buy with a price target of $125 following strong results, saying they expect the stock to continue to trade primarily on subscriber growth trends.

Analyst Martin Pyykkonen cited for four key reasons for upgrading the stock:

Needham & Company Remains Bullish on Netflix (NFLX) Following 2Q15 Results

Needham & Company reiterates a Buy rating on Netflix (NASDAQ: NFLX), and retains a price target of $111.00 ($780 pre-split) following 2Q15 results. NFLX reported 2Q15 revenue of $1.644.7B, up 23% y/y.

Analyst Laura Martin commented, "NFLX is a market darling right now, with strong share price... More

Netflix (NFLX) PT Raised to $125 at Oppenheimer; Originals Driving Sub Growth

Oppenheimer analyst Jason Helfstein reiterated an Outperform rating and bumped his price target on on Netflix (NASDAQ: NFLX) to $125.00 (from $111.00) following strong subscriber growth.

commented, "We are increasing our price target to $125 from $111 (post-split) after NFLX reported 2Q15 global net subscriber additions 32% above... More

Wedbush Raises Price Target on Intel (INTC) to $35 Following 2Q15 Beat

Wedbush reiterates an Outperform rating on Intel (NASDAQ: INTC), and raises the price target to $35.00 (from $34.00), following 2Q15 results. Q2 GAAP EPS of $0.55 on revenue of $13.2B was above the Street ($0.50/$13.0B) estimates. Q3's revenue outlook of $14.3B +/- $500MM is above the... More

Netflix (NFLX) PT Raised to $125 by RBC Capital's Mahaney; Calls Quarter 'Sense8-tional'

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Netflix (NASDAQ: NFLX) to $125.00 (from $100.00) after the company beat both U.S. and International Sub expectations, with new popular Original Content shows (like Sense8) driving demand.

The keys... More

Northland Capital Markets Raises Price Target on Intel (INTC) to $32 Following 2Q15 Results

Northland Capital Markets reiterates a Market Perform rating on Intel (NASDAQ: INTC), and raises price target to $32.00 (from $31.00), following 2Q15 results. Intel reported $0.55 on $13.2B, above Northland's estimates of $0.46 on $12.8B.

Analyst Gus Richard commented, "INTCs report was much better than the... More

Netflix (NFLX) PT Raised to $120 at Nomura Securities

Nomura Securities analyst Anthony DiClemente reiterated a Buy rating and boosted his price target on Netflix (NASDAQ: NFLX) to $120.00 (from $107.14) following solid domestic and international subscriber trajectory.

DiClemente commented, "Netflix continues a steady if not accelerating march towards becoming the most powerful global... More

Netflix (NFLX) PT Raised to $96 at Piper Jaffray Posts Q2

Piper Jaffray analyst Michael Olson raised his price target on Netflix (NASDAQ: NFLX) to $96.00 (from $70.00) while reiterating a Neutral rating following strong Q2 subscriber upside.

Olson commented, "Netflix reported Q2 upside for both domestic and international subs based primarily on a strong slate of new original... More

Mizuho Securities Maintains Buy on UnitedHealth Group (UNH) Following 2Q15 Results

Mizuho Securities maintains a Buy rating and $146.00 price target on UnitedHealth Group (NYSE: UNH) following 2Q15. UNH reported an EPS beat for 2Q of $1.64 vs Street's $1.59 estimate. Revenues of $36.3B Beat Street's $35.66B estimate.

Analyst Sheryl Skolnick commented, "UNH's results... More

Jefferies Raises Price target on Intel (INTC) to $36 Following 2Q EPS Beat

Jefferies reiterates a Buy rating on Intel (NASDAQ: INTC), and raises the price target to $36.00 (from $35.00), following 2Q15 results. Reported EPS of $0.55 was $0.05 above consensus.

Analyst Mark Lipacis commented, "2Q EPS beat by $0.01 EPS (ex 1x), and the 3Q outlook implies a... More

Ascendiant Capital Upgrades Intel (INTC) to Hold

Ascendiant Capital upgraded Intel (NASDAQ: INTC) from Sell to Hold.

For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.

Shares of Intel closed at $29.69 yesterday.

Citigroup (C) Tops Q2 EPS by 11c

Citigroup (NYSE: C) reported Q2 EPS of $1.45, $0.11 better than the analyst estimate of $1.34. Revenue for the quarter came in at $19.2 billion versus the consensus estimate of $19.11 billion.

Michael Corbat, Chief Executive Officer of Citigroup, said, Our results for the quarter show very balanced performance across our business lines. We grew loans and deposits in... More

Goldman Sachs (GS) Posts Q2 GAAP EPS of $1.98

Goldman Sachs (NYSE: GS) reported Q2 EPS of $1.98, which may not compare with the analyst estimate of $3.89. Revenue for the quarter came in at $9.07 billion versus the consensus estimate of $8.78 billion.

During the quarter, the firm recorded $1.45 billion in net provisions for mortgage-related litigation and regulatory matters. These provisions reduced diluted earnings per common share for the second quarter of 2015 by $2.77, and reduced annualized ROE for the second quarter of 2015 and the first half of 2015 by 6.7 and 3.4 percentage points, respectively.

*** Excluding costs, EPS would have been $4.75. Adjusted Q215 EPS is about... More