NEW YORK, February 17 (FinanceEnquiry.com) – Analyst Jeffrey Loo of S&P Capital IQ reiterates his BUY rating on the shares of Agilent Technologies (NYSE: A), while raising his estimates for the company. The target price has been raised from $48 to $50.
In a research note published this morning, the analyst mentions that the company has reported January quarter adjusted EPS of $0.69, vs. $0.60, $0.01 above the estimate. Agilent Technologies’ sales, however, were flat, well below the 7% estimate due to soft sales at Electronic Measurement division, with orders down 5%. Sales at the company’s Chemical Analysis and Life Science were robust with both rose 14%. The analyst believes that Agilent Technologies would witness soft sales in April quarter with flat sales in Electronic Measurement. The company has narrowed its FY12 sales guidance to $6.92B-$7.02B from $6.85B-$7.15B and EPS to $3.13-$3.23 from $3.00-$3.35. The EPS estimate for FY12 has been raised from $3.06 to $3.16.
New York, May 20 (FinanceEnquiry.com) – Seeing that investors expect China would put into use reforms in order to refresh slumping economy of the nation, Hong Kong shares soared to their uppermost level in 3-...Automobile Sales Ascend across Europe - May 17, 2013
New York, May 17 (FinanceEnquiry.com) – Being enhanced by healthy requirement in the UK, latest car sales across Europe soared in the earlier month for the initial time in 18 months. As compared with a year...Nikkei Rises on US expansion Optimisms; Watchfulness on Feeble Global Expansion Caps Asian Shares - May 7, 2013
New York, May 7 (FinanceEnquiry.com) – Even though refreshed anticipations for a stable US recovery drove Japanese equities to a near five-year crest, still Asian shares were capped on May 7 by warning...Deutsche Bank Securities Reiterates BUY Rating on Allegiant Travel Company (NASDAQ: ALGT), Target Price Raised - April 25, 2013
New York, April 17 (FinanceEnquiry.com) – Analysts at Deutsche Bank Securities reiterate their BUY rating on the shares of Freeport-McMoRan Copper & Gold Inc (NYSE: FCX). The 12-month target price is set...Asian Shares Plunge, Commodities Drop; China Economic Expansion Eases Suddenly - April 15, 2013
New York, April 15 (FinanceEnquiry.com) – As soon as economic expansion of China all of a sudden eased in the 1Q with lower gains in factory-production, Asian stocks fell from the uppermost level in...US House Costs Soared in Feb by Biggest Amount In Seven Years - April 4, 2013
New York, April 4 (FinanceEnquiry.com) – Providing the proof that the housing improvement reinforced prior to the crucial spring-buying period, US house costs soared in the month of February by the biggest...Asian Shares and the Euro Plunge - April 1, 2013
New York, April 1 (FinanceEnquiry.com) – Asian shares and the euro skidded on the very first day of the month in uneven trade with exchanges closed in more than a few Asian markets, together with Australia...Deutsche Bank Securities Reiterates HOLD Rating on James River Coal Co (NASDAQ: JRCC), Target Price Reduced - March 11, 2013
New York, March 12 (FinanceEnquiry.com) – Analysts at Deutsche Bank Securities reiterate their HOLD rating on the shares of James River Coal Co (NASDAQ: JRCC). The 12-month target price has been reduced to...