Apple estimates, target cut at Stifel Nicolaus. Shares are now seen reaching $600. Estimates were also reduced, given lower expected iPhone shipments, Stifel Nicolaus said. Buy rating.
Alliance Data Systems (ADS) price target and estimates were increased at Citigroup ahead of first-quarter results. Charge-offs and financial rates for Private Label should be better than expected, Citi said. Price target goes to $171.
Boeing (BA) target was boosted at Jefferies. Shares are now seen reaching $115. Earnings can continue to grow through 2016, Jefferies said. Buy rating.
Citigroup (C) estimates were updated at UBS. Estimates were reduced through 2014 on a higher tax rate.Citigroup estimates, target were raised at Credit Suisse. Shares are now seen reaching $53. Estimates were also increased, given a higher capital ratio and usage of the deferred tax asset, Credit Suisse said. Outperform rating. Fastenal (FAST) estimates were reduced at UBS. Weaker-than-expected sales in first quarter, along with a more cautious outlook, UBS said. Hershey Foods (HSY) price target and estimates were increased at Citigroup. Acquisition of Brookside will drive incremental top-line and EPS growth, said Citigroup. 2014 earnings were increased, and the new price target is $100. Kodiak (KOG) price target and estimates were reduced at UBS. Company reported that first-quarter production sales were below expectations and capex was above expectations, UBS said. Price target goes to $10. Microsoft (MSFT) estimates were reduced at Jefferies. Estimates were cut through 2014. Company is leveraged to lower PC demand, Jefferies said. Hold rating and $31 price target. Netgear (NTGR) estimates, target were reduced at Sterne Agee through 2014. Company lowered guidance, because of poor storage exection, Sterne Agee said. Wells Fargo (WFC) price target and estimates were increased at UBS. The company reported first-quarter results. Price target goes to $37, Wells Fargo said. US Steel (X) numbers were reduced at Jefferies. Shares now seen reaching $18, according to Jefferies. Estimates also cut, given lower pricing and demand trends for steel, Jefferies said. Hold rating. >To submit a news tip, email: email@example.com. Follow TheStreet on Twitter and become a fan on Facebook.
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