Wall St. falls after Wal-Mart's weak forecast; Netflix down after the bell

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MKM Partners Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

October 15, 2015 2:28 PM EDT

MKM Partners reiterated a Buy rating on Netflix (NASDAQ: NFLX), and raises the price target to $145.00 (from $130.00), following the company's 3Q15 earnings results. U.S. net paid additions of 1.01mn were well below guidance of 1.45mn. Gross additions were inline/ahead of expectations but... More

Oppenheimer Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

October 15, 2015 10:15 AM EDT

Oppenheimer reiterated an Outperform rating on Netflix (NASDAQ: NFLX), and raised the price target to $130.00 (from $125.00), following the company's 3Q15 earnings results.

Analyst Jason Helfstein commented, "While 3Q results were mixed, we are increasing our price target to $130 from $125 following 4Q US/Int'l... More

Wedbush Remains Bearish on Netflix (NFLX) Following 3Q Earnings Results

October 15, 2015 9:42 AM EDT

Wedbush maintained an Underperform rating and $40.00 price target on Netflix (NASDAQ: NFLX) following the company's 3Q15 earnings results. Revenue was $1,738 million vs. consensus of $1,751 million.

Analyst Michael Pachter commented, "The chip-card excuse may be sincere, but we think pricing is to blame. Revenue was... More

Canaccord Genuity Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

October 15, 2015 8:44 AM EDT

Canaccord Genuity reiterated a Buy rating on Netflix (NASDAQ: NFLX), and raised the price target to $125.00 (from $120.00), following the company's 3Q15 earnings results. For the first time since the 3Q14 report, Netflix reported weaker-than-expected results versus guidance and consensus expectations. Canaccord does not believe that the results weaken their long-term thesis, and is prepared for continued volatility... More

Evercore ISI Mantains Sell on Netflix (NFLX) Following 3Q15 Earnings Results

October 15, 2015 8:39 AM EDT

Evercore ISI maintained a Sell rating and $69.00 price target on Netflix (NASDAQ: NFLX) following the company's 3Q15 earnings results. Netflix reported a weaker domestic net addition quarter of 0.88m, well below guidance/consensus of 1.2m. Management cited higher involuntary churn stemming from the industry switch... More

BMO Capital Reiterates Market Perform on Netflix (NFLX) Following 3Q15 Earnings results

October 15, 2015 8:30 AM EDT

BMO Capital reiterated a Market Perform rating and $115.00 price target on Netflix (NASDAQ: NFLX), following the company's 3Q15 earnings results. EPS of $0.07 was slightly below consensus of $0.08.

Analyst Daniel Salmon commented, "EPS of $0.07 was in line with our estimate for 3Q15 and slightly below... More

RBC Capital Remains Bullish on Netflix (NFLX) Following 3Q Results

October 15, 2015 8:18 AM EDT

RBC Capital reiterated an Outperform rating and $140.00 price target on Netflix (NASDAQ: NFLX), following the company's 3Q earnings results. NFLX reported $1.74B in Revenue, and was just below the Street at $1.75B, while GAAP EPS of $0.07 matched the Street at $0.07.

Analyst Mark Mahaney... More

Cowen Cuts Price target on Wal-mart (WMT) to $66 Following Investor Day

October 15, 2015 6:49 AM EDT

Cowen maintained a Market Perform rating on Wal-Mart (NYSE: WMT), and cut the price target to $66.00 (from $77.00), following an investor day. WMTs NYC Investor Day was primarily focused on the WMT US division and e-com business as these two segments are the primary top-line... More

Compass Point Remains Neutral on Wells Fargo (WFC) Following 3Q15 Earnings

October 14, 2015 10:32 AM EDT

Compass Point reiterated a Neutral rating and $55.00 price target on Wells Fargo (NYSE: WFC) following the company's 3Q15 earnings results. WFC reported GAAP earnings of $1.05, in-line with consensus' estimates.

Analyst Jesus Bueno commented, "WFC reported GAAP earnings of $1.05, which was a penny below... More

UBS Reiterates Buy on Intel (INTC) Following 3Q15 Earnings Results

October 14, 2015 9:32 AM EDT

UBS reiterated a Buy rating and $33.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. Intel was able to meet its gross margin guidance of 63% in this downcycle as desktop and notebook chip prices were up YOY by 8% and 4% from a more favorable mix of sales of... More

Needham & Company Reiterates Buy on Intel (INTC) Following 3Q Earnings Results

October 14, 2015 9:19 AM EDT

Needham & Company reiterated a Buy rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. Intel reported revenue and GAAP EPS of $14.5bn/$0.64. CCG revenue increased 13% Q/Q driven by record Core mix.

Analyst Quinn Bolton commented, "Intel reported... More

Roth Capital Cuts Price Target on Intel (INTC) Following 3Q Earnings Results

October 14, 2015 9:05 AM EDT

Roth Capital reiterated a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $36.00 (from $37.00), following the company's 3Q earnings results. INTC reported revenues of $14.465 billion and EPS of $0.64.

Analyst Krishna Shankar commented, "Intel reported 3Q15 revenues/GAAP EPS results of $14.465 billion/$0.64... More

Canaccord Genuity Reiterates Buy on Intel (INTC) Following 5c EPS Beat

October 14, 2015 8:30 AM EDT

Canaccord Genuity reiterated a Buy rating and $39.00 price target on Intel (NASDAQ: INTC) following the company's 3Q earnings results. Intel reported revenue of $14.5B, above consensus estimates of $14.3B. EPS was $0.64, better than consensus' $0.59 estimates.

Analyst Matthew Ramsay commented, "Amidst the recent market turbulence, Intel shares have proven resilient... More

Northland Capital Markets Raises Price Target on Intel (INTC) Following 3Q Results

October 14, 2015 7:59 AM EDT

Northland Capital Markets reiterated an Outperform rating on Intel (NASDAQ: INTC), and raised the price target to $39.00 (from $37.50), following the company's 3Q15 earnings report. Intel reported EPS of $0.64, and revenues of $14.5B. Below the line expenses were higher than modeled and EPS upside... More

RBC Capital Raises Price Target on Intel (INTC) Following 3Q EPS Beat

October 14, 2015 7:47 AM EDT

RBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and raised the price target to $34.00 (from $33.00), following the company's 3Q15 earnings results. INTC reported results that exceeded expectations. Revenues of $14.5B beat the Street's $14.2B. EPS of $0.64 came in ahead of Street's $0.59... More

Sterne Agee CRT Reiterates Buy on Intel (INTC) Following a 3Q EPS Beat

October 14, 2015 7:26 AM EDT

Sterne Agee CRT reiterated a Buy rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. INTC reported revenue and EPS of $14.47B and $0.64 vs. consensus of $14.24B and $0.58. Upside to Q3 was provided by better-than-expected CCG performance... More