Wall Street slips on earnings; Apple falls late after results
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Jefferies Reiterates Buy on Procter & Gamble (PG) Following 1Q Report
October 26, 2016 8:44 AM EDTJefferies reiterated a Buy rating and $98.00 price target on Procter & Gamble (NYSE: PG) following the company's 1Q earnings report. PG reported revenues of $16.5B, in line with consensus. +3% org sales exceeded Street estimates of +2.4%, driven by a solid +3% volume growth.
Analyst Kevin... More
FBR Capital Sees Under Armour (UA) Sell-Off as Buying Opportunity
October 25, 2016 3:05 PM EDTFBR Capital analyst Susan Anderson reiterated an Outperform rating and $39 price target on Under Armour, Inc. (NYSE: UA) following Q3 results and the sell-off in the stock. The analyst said the lowered profit guidance provides a buying opportunity.
Anderson commented, "UA posted 3Q16 EPS of $0.29, above FBR/consensus of $0.26/$0.25, driven by +22% top-line growth, vs. FBR/consensus of... More
