Wall St. closes up, registers third week of gains

UBS Cuts Price Target to $210 on Grainger (GWW) Following 3c EPS Miss

UBS maintained a Neutral rating on WW Grainger (NYSE: GWW), and cut the price target to $210.00 (from $225.00), following the company's 3Q15 earnings report. Grainger posted 3Q15 adjusted EPS of $3.03 vs. consensus estimate of $3.06.

Analyst Shannon O'Callaghan commented, "Grainger posted 3Q15 adjusted EPS of $3.03 vs.... More

UBS Reiterates Buy Following General Electric's (GE) 3Q Results

UBS reiterated a Buy rating and $32.00 price target on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Oil & Gas revenues were down 7% organically but operating margins were up 70 bps (100 bps organically). GE is taking $1B+ of cost out of its Oil & Gas business 2015-16.... More

Cowen Cuts Price Target on Zafgen (ZFGN) as Beloranib is Placed on Hold Following Patient Death

Cowen reiterated an Outperform rating on Zafgen (NASDAQ: ZFGN), and cut the price target to $20.00 (from $60.00), following FDA'a decision to place beloranib on a partial clinical hold. Late yesterday ZFGN received verbal notice from the FDA that beloranib has been placed on partial... More

Cowen Remains bullish on Honeywell (HON) Following 3Q15 EPS Beat

Cowen reiterated an Outperform rating and $116.00 price target on Honeywell International (NYSE: HON) following the company's 3Q15 earnings results. EPS was reported at $1.60 vs. the Street's $1.55 and guided $1.51-1.56 on 1% organic growth.

Analyst Gautam Khanna commented, "Q3 EPS beat on strong execution,... More

Oppenheimer Reiterates Perform on General Electric (GE) Following 3Q15 Earnings

Oppenheimer reiterated a Perform rating on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Operating EPS from sustaining operations of $0.29 compared to Street's $0.26 estimate.

Analyst Christopher Glynn commented, "Operating EPS from sustaining operations of $0.29 compared to our in-line $0.26 estimate, including $0.01... More