Wall Street hits record highs, helped by consumer stocks

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Deckers Outdoor (DECK) PT Raised to $76 at Canaccord Genuity; Reiterates Buy

May 26, 2017 10:39 AM EDT

Canaccord Genuity raised its price target on Deckers Outdoor (NYSE: DECK) to $76.00 (from $69.00) while maintaining a Buy rating. DECK reported a 4Q sales beat of $11.6M, EPS of +11c beat -2c estimates. However, analyst Camilo Lyon beleives that the real story is the... More

Best Buy (BBY) PT Raised to $60 at Deutsche Bank

May 26, 2017 9:33 AM EDT

Deutsche Bank raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $46.00) while maintaining a Hold rating.

Analyst Mike Baker believes that there are enough drivers in place to sustain positive comps this year even as TVs run out of... More

Best Buy (BBY) PT Raised to $62 at UBS Following 1Q

May 26, 2017 8:55 AM EDT

UBS raised its price target on Best Buy (NYSE: BBY) to $62.00 (from $51.00) while maintaining a Neutral rating. The company's 1Q domestic comp of 1.4% outpaced the industry by more than 400 bps. This represents the 3rd quarter out of the last 4 where it's accomplished this... More

Best Buy (BBY) PT Raised to $60 at Jefferies; Remains Sidelined

May 26, 2017 7:53 AM EDT

Jefferies raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $51.00) while maintaining a Hold rating following the company's 1Q earnings report. With ASPs still dropping sharply y-y, BBY saw TVs comp down in Q1, but the overall comps were still up 1.4% and... More

CVS Health (CVS) Management Highlights Challenges for Amazon.com (AMZN) to Enter PBM Space at Investor Meetings - BofA/Merrill Lynch

May 26, 2017 6:44 AM EDT

Bank of America / Merrill Lynch analyst Steven Vallquette at the CVS Health (CVS) investor meeting, offers insight into Amazon.com's (NASDAQ: AMZN) prospects for entering the PBM space, citing CVS Health management commentary.

Summarizing the CVS Health management commentary on Amazon at the... More

HP, Inc. (HPQ) PT Raised to $18 at Jefferies

May 25, 2017 9:05 AM EDT

Jefferies raised its price target on HP, Inc. (NYSE: HPQ) to $18.00 (from $17.00) while maintaining a Hold rating.

... More