Stock Comments / EPS Changes
Archer-Daniels-Midland (ADM) numbers were boosted at Citi. Shares are now seen reaching a 12-month price target of $50, according to Citigroup. Estimates were also upped, given higher expected growth in corn processing and oilseeds, Citigroup said. Buy rating.
Walt Disney (DIS) numbers were raised at Bank of America/Merrill Lynch. Shares are now seen reaching $94, according to BofA/Merrill. Estimates were also increased, as Frozen continues to drive studio growth, BofA/Merrill said. Buy rating.
Micron (MU) price target was upped at Jefferies. Micron raised its number, Jefferies said. DRAM gross margins increase by 4,00 bps to drive profitability, said Jeffries. $32 12-month price target and buy rating.
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Mylan (MYL) estimates, price target were cut at Leerink Swann. Shares are now seen reaching $58, according to Leerink. Estimates were also reduced, given prescription trends and new product delays, Leerink said. Outperform rating.