Analysts' Actions -- IHS Markit, Apple, Intel, Qualcomm and More

Here are Thursday's top research calls, including an upgrade for IHS Markit and lower earnings estimates for Apple, while Qualcomm is added to Goldman Sachs' conviction buy list.
By TheStreet Staff ,

RATINGS CHANGES

IHS Markit (INFO) - Get Report was upgraded to outperform from sector perform at RBC Capital. $42 price target. Merger should lead to strong earnings and cash flow growth through 2018, RBC said. 

Valero Energy Partners (VLP) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: VLP.

STOCK COMMENTS/EPS CHANGES

Shares of Apple (AAPL) - Get Report are now seen reaching $116, according to BMO Capital. Earnings estimates were also reduced, given lower expected margins. Outperform rating is maintained, though.  

eBay (EBAY) - Get Report earnings estimates were raised through 2018, Credit Suisse said. Growth is inflecting higher. Neutral rating and new $31 price target, Credit Suisse said. 

Shares of Intel (INTC) - Get Report are now seen reaching $38, according to Pac Crest. Earnings estimates were also increased, as revenue growth should reaccelerate in the second half of the year. 

Qualcomm (QCOM) - Get Report was added to the conviction buy list at Goldman Sachs. $70 price target. The company has resumed revenue growth for the first time in a year and should see share gains in 2017, Goldman said. 

This article was written by a staff member of TheStreet.

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