Upbeat earnings push S&P 500 to record; oil, copper jump
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- Wall St set for tepid open as oil prices fall, Treasury yields rise
- Oil prices edge lower on easing fears over Saudi supply disruption
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Caterpillar (CAT) PT Raised to $135 at BofA/Merrill Lynch; Reiterates Buy
July 26, 2017 10:02 AM EDTBofA/Merrill Lynch raised its price target on Caterpillar (NYSE: CAT) to $135.00 (from $120.00) while maintaining a Buy rating. Caterpillars flexible workforce increased by 3,800 employees in Q2, up 30% QoQ, to help meet higher production volumes. Mining demand continues to improve, with orders... More
McDonald's (MCD) PT Raised to $160 at UBS
July 26, 2017 9:00 AM EDTUBS raised its price target on McDonald's (NYSE: MCD) to $160.00 (from $143.00) while maintaining a Neutral rating following the company's 2Q earnings report. MCD reported 2Q EPS of $1.70, ahead of the consensus estimate of $1.62.
UBS raised 2017 EPS estimates to $6.58. 2018 estimates were also raised to... More
McDonald's (MCD) PT Raised to $170 at Mizuho Securities Following 2Q
July 25, 2017 4:59 PM EDTMizuho Securities raised its price target on McDonald's (NYSE: MCD) to $170.00 (from $168.00) while maintaining a Buy rating following the company's 2Q earnings report. McDonald's beat EPS estimates by $0.15, driven by better top line, better overall restaurant margins, lower SG&A, gain on sales from... More
