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China Mobile iPhone Estimates All Over The Map
Tuesday, December 31, 2013 - 11:25am | 651Spend some time reading analyst estimates concerning China Mobile (NYSE: CHL) and the iPhone and one key point should stand out: Nobody has any idea the impact the company’s deal with Apple (NASDAQ: AAPL) will have on either company’s bottom line. Leading up to the deal, the estimates were...
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UPDATE: Citigroup Maintains Buy Rating, Lowers PT for Swift Transportation
Friday, April 20, 2012 - 11:09am | 91In a company update published earlier today, Citigroup Inc. maintained its Buy rating for Swift Transportation Co. (NYSE: LL), but slightly lowered its price target from $14.50 to $14.00. Citigroup went on to say “Looking forward, expectations regarding Swift, and Truckload in general, have become...
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UPDATE: Citigroup Maintains Buy Rating, Raises PT on Omnicom Group
Wednesday, April 18, 2012 - 10:54am | 113In a company update, Citigroup Inc. maintained its Buy rating and raised its price target from $55 to $56 for Omnicom Group Inc. (NYSE: OMC). Citigroup went on to say in the report "In the short term, we think the stock offers an attractive risk/reward profile in the current tumultuous environment...
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Citigroup Reports on Wal-Mart
Wednesday, May 18, 2011 - 7:56am | 153Citigroup commented on Wal-Mart (NYSE: WMT) in a report released yesterday. In the report, Citigroup was positive in its assessment. Citigroup writes, “We were pleasantly surprised by WMT's first quarter earnings beat. While Walmart U.S. comps of (-1.1)% remained in negative territory, it was the...
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Citigroup Adjusts its Microsoft Estimates for Consumer PC Softness
Monday, October 11, 2010 - 10:15am | 160Citigroup, Inc. is trimming its FY11 estimates of Microsoft Corp. (NASDAQ: MSFT) by $0.05 to account for well-advertised weakness in the consumer PC market. Citigroup writes that it does not assume that the market gets much worse from here, but notes that it continues to slow, inline with CIRA PC...