Bernstein Research

Bernstein’s report on the impact of condensates on the global crude market takes a specific look at companies with refining capacities exposed to Qatari condensate production, like ExxonMobil (NYSE: XOM), Shell (NYSE: RDS.A), and ConocoPhillips (NYSE: COP). A major risk in this assessment is that...

Bernstein Research today upgraded Deere & Company (NYSE: DE) to Outperform at a price target of $60 after Deere reported fourth quarter results. Analysts expect Deere to report FY10 equipment revenue of $22.1 billion and around 3% revenue growth in the Ag & Turf segment. Analysts expect...

Bernstein Research maintains its “outperform” rating for Dell Inc (NASDAQ: DELL), while raising its estimates for the company. The target price for DELL is set to $18. Bernstein Research expects DELL to post its Q310 EPS and revenues marginally ahead of the consensus. Bernstein Research believes...

Bernstein Research maintains its “underperform” rating on Advanced Micro Devices (NYSE: AMD). The target price for AMD has been raised from $4.00 to $5.50. AMD signed an agreement with INTC wherein both the companies agreed to drop all legal actions against each other. Under the settlement, AMD...