STOCK COMMENTS / EPS CHANGES
BioMarin price target was raised at Citigroup to $79. Anticancer drug BMN-673 was included in the model, said Citigroup.
CBS (CBS) price target was boosted at Bank of America/Merrill Lynch. Shares are now seen reaching $60. Monetizing the outdoor business should be accretive to earnings, BofA/Merrill said. Buy rating.
CIT Group (CIT) numbers were increased at Credit Suisse through 2015. Expect an accelerated capital return this year, Credit Suisse said. Neutral rating and new $44 price target.Costco (COST) estimates, price target were increased at Jefferies. Estimates were raised through 2014. Higher membership fees are driving sales growth, Jefferies said. Hold rating and new $101 price target.
Costco price target was raised at UBS to $124. Reflects increasing membership fees and faster unit growth, said UBS. Earnings estimates were also tweaked. Dollar General (DG) estimates were reduced at Citigroup. Earnings estimates were lowered given the impact of cool weather on seasonal and discretionary items, said Citigroup. Ford (F) price target was raised at Sterne Agee. Shares are now seen reaching $19. Company can increase cash returns with record earnings, Sterne Agee said. Buy rating. General Motors (GM) price target was boosted at Sterne Agee. Shares are now seen reaching $46. North American auto trends continue to improve, Sterne Agee said. Buy rating. Joy Global (JOY) estimates were reduced at UBS. Reflects the guidance cut from mining capex headwinds, said UBS. Palo Alto Networks (PANW) numbers were reduced at Credit Suisse. Shares are now seen reaching $57.50. Estimates also cut, as the company is seeing lower product revenue, Credit Suisse said. Outperform rating. Palo Alto Networks price target was lowered at UBS to $55. Reflects increased macro sensitivity, said UBS. JM Smucker (SJM) numbers were increased at Jefferies. Shares are now seen reaching $98. Estimates were also increased, given continued momentum in the consumer space, Jefferies said. Hold rating. Splunk (SPLK) estimates, price target were raised at Credit Suisse. Shares are now seen reaching $50. Estimates also increased, as the company continues to sign more big deals, Credit Suisse said. Outperform rating. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.
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