Oil slide pulls Wall Street back from record levels

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Leerink Partners Remains Sidelined on Perrigo (PRGO) Following Mixed 2Q

August 11, 2016 9:00 AM UTC

Leerink Partners maintained a Market Perform rating on Perrigo Co. (NYSE: PRGO), and cut the price target to $81.00 (from $96.00), following the company's 2Q earnings report. PRGO reported a modest beat on top line, but missed EPS by 3%.

Analyst Jason Gerberry commented,... More

Jefferies Raises Price Target on JD.com (JD) to $32 Following 2Q

August 11, 2016 8:44 AM UTC

Jefferies reiterated a Buy rating on JD.com, Inc (NASDAQ: JD), and raised the price target to $32.00 (from $31.60), following the company's 2Q earnings report. Revenue grew 42% yoy to RMB65.2bn, in line with management guidance and consensus. Management guided 3Q16 revenue at... More

Baird Remains Sidelined on Yelp (YELP) as Local Ad Strength Fuels 2Q Beat

August 10, 2016 7:48 AM UTC

Baird reiterated a Neutral rating on Yelp (NYSE: YELP), and raised the price target to $35.00 (from $25.00), following the company's 2Q earnings report. Revenue of $173.4M exceeded $169.1M estimates, while Local advertising revenue of $151.9M was also above consensus expectations of $147.8M. FY16... More